Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Encyclopedia Britannica, the oldest English-language encyclopedia still in print is moving solely into the digital age. It is the latest move Encyclopedia Britannica has made to expand its Internet reference services.It first flirted with digital publishing in the 1970s, published a version for computers in 1981 for LexisNexis subscribers and first posted to the Internet … Read more
How the total ban on animal testing will impact the cosmetics industry? From March 2013 it is illegal for manufacturers to test any cosmetic ingredient on an animal. Even if the European Commission might grant exemptions, the ramifications are monumental for cosmetic companies and the industry is currently striving to adapt itself to the new … Read more