Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Kasada Acquires the Lamantin Beach Resort & SPA in Saly, Senegal. Lamantin Beach Resort & SPA in Saly, Senegal is located along the Petite Côte, in Saly, a prominent leisure hub that attracts international and local visitors alike. It features 166 keys, meeting rooms, 2 swimming pools, a spa & wellness area, a water sports … Read more
The new campus is home to 1,450 people, including some of the world’s leading scientists, perfumery and taste creators, technicians, and operators. Firmenich, the world’s largest privately-owned fragrance and taste company, officially inaugurated its new campus in Geneva, Switzerland. This new campus, at the cutting edge of the industry from both a technology and capacity … Read more
London may be able to draw on its long history and strong reputation for Fine Art sales. But it cannot ignore the energy that is today emanating from the Ultra-Contemporary and art-NFT market. Artmarket.com: Frieze London in the context of Hong Kong’s rapid growth and other art market changes observed by Artprice. After the UK … Read more
Fashion resale is getting bigger and bigger. Driven by Gen-Z, Preowned Clothing is Expected to Make Up 27% of the Average Resale Buyer’s Closet By 2023. The estimated value of the apparel, footwear, and accessories resale market is between $100 and $120 billion worldwide, more than three times the size it was in 2020, according … Read more
Pernod Ricard Group Announces a New Business Unit For High-end Experiences. As part of its Transform & Accelerate strategy powered by the ‘Conviviality Platform’, Pernod Ricard, the No.2 worldwide producer of wines and spirits, announced last week the creation of a new business unit. Its objective is to scaleup and expand geographically its existing direct-to-consumer … Read more
Location is the most important factor in the purchasing decision for second homeowners (67%) and aspiring homeowners (70%) when buying a second home. 64% of Buyers Desire to Travel Four Hours or Less to Their Second Home. 71% of buyers plan to visit their second home less than 7x per year. Pacaso, a technology-enabled real … Read more