Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Times Higher Education’s World University Rankings for 2011-2012 The gold standard in international university performance comparisons 2012 World Reputation Rankings, published by the London-based Times Higher Education magazine, presented its annual list of universities in terms of global prestige. Harvard University again topped the list, while the Massachusetts Institute of Technology and the University of … Read more
Fake Chinese Lafite will be eradicated within two years French wine maker Chateaux Lafite Rothschild has won six lawsuits against Chinese companies as nearly 70 percent of Chateaux Lafite in China is fake. The Chinese companies have been ordered to pay a total of at least US$126,984 in compensation, Chateaux Lafite Rothschild told Shanghai Daily. … Read more
Starwood Capital’s Louvre Hotels to speed up its expansion in fast-growing China Louvre Hotels, the world’s eighth-largest hotelier owned by U.S. investment group Starwood Capital, partnershiped with number one Chinese tour operator for expansion. Louvre Hotels, which so far has three hotels in China, plans to open 25 midscale or luxury hotels in the Shanghai … Read more
The Chinese luxury buyer is the youngest in the world. Enough to dwell upon the latest insights on this key target, driver of China growth. From 22 and 23 March 2012 Paris will be the host of the China Connect 2012, a conference focused around the opportunities presented by the Chinese E- and M-commerce market. … Read more
Hong Kong overtakes London’s West End as world’s most expensive office market in 2011 Newly-released figures from Knight Frank show that Central, Hong Kong overtook London’s West End as the location with the highest prime office rents in the world during 2011. Hong Kong’s rise to the top of the ranking is a result of … Read more
What’s more valuable than gold? First Fairtrade and Fairmined gold is celebrating its first anniversary. The Fairtrade Foundation, which certifies the gold, has announced that 350kg per year of gold will soon be available to jewellers, with more to follow. In the first year of trading, four gold mining organisations have become certified and an … Read more