Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Virgin Limited Edition’s Mahali Mzuri to open in 2013 Virgin Limited Edition will join Accor, Carlson Rezidor, Marriott, Movenpick and other chains with a new luxury hotel in Africa, located in the Masai Maara ecosystem. The luxury 12-tented camp called Mahali Mzuri is due to open in 2013 and will cater for a maximum … Read more
The Most Expensive Real-Estate in the World The Wealth Report 2012: The annual update on prime property and wealth The map of the latest concentrations of global mega-wealth drawn by Knight Frank’s “The Wealth Report 2012” reveals that the momentum is undeniably with the world’s emerging economies. However, when it comes to choosing a home, … Read more
91 percent of the wine drunk in China is red wine, according to a survey produced for May’s Vinexpo Asia-Pacific trade fair — the largest wine industry event in the region. Red wine surpassed traditional Chinese liquor as the most popular alcoholic drink in China last year, according to the Ipsos research group. Country’s taste … Read more
Villa on the sea: Ferretti launches latest Custom Line 112 superyacht for Chinese owners Ferretti announces the launching of the Custom Line 112’ Next, a 34 metre vessel in the planing category and the twenty-eighth model of the 112 inch models. The launching of the maxi yacht owned by the Chinese real estate company Xanadu South … Read more
Dior’s newest boutique in Taipei In Taipei, but unmistakably chez Dior Tower 101 in Taipei (Taiwan) is the location of the biggest Dior boutique ever. Taiwan is the fifth largest Asian market after Japan, China, South Korea and Hong Kong. Dior chose the Taipei 101, of the most recognizable towers in the world with a … Read more
Hermes to open an savoir-fair maison for future artisans Hermes luxury house is preparing the opening of an extensive 5,000 square meters training center in Pantin near Paris. The Hermes center, scheduled to be operational by 2014, will serve as a training platform for most of the luxury group’s staff. “It is a long term … Read more