Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Global sales of duty-free products (from cigars to perfumes in airports, ports and in transit) reached $46 billion in 2011, up a staggering 17.9 percent, calculated duty free analyst Generation Research. Generation Research President Yngve Bia told The Travel Retail Business magazine that preliminary global industry sales results for calendar year 2011 show a 17.9% … Read more
Shiseido launches its 140th anniversary with a revolutionary beauty counter at The Bay Queen Street Shiseido launched its 140th anniversary with another global first: an interactive 55″ touch screen Discovery Centre located within a new state-of-the-art beauty counter at The Bay’s Queen Street location in Toronto, unveiled during a celebratory gala on January 19. Using … Read more
How Your Brand Can Lead the New World of Luxury ? From March 29th to April 1st, you are invited to join us to the new edition of 1.618, Sustainable Luxury in Paris, at the “Cité de la Mode et du Design”. The world changed, and consumer attitude is changing faster than industries and brands. … Read more
From 2012 Pagani supercars can be bought in UK from HR OWEN, the prestige and luxury cars sale company that won sole distribution rights, announced cardealermagazine. The Italian supercars Pagani will join Ferrari, Bentley, Bugatti, Lamborghini, Maserati and Rolls Royce in the group’s portfolio. As well as sales, the appointment will enable HR Owen to … Read more
Harry Slatkin, CEO, is pleased to announce the Autumn 2012 opening of Belstaff’s flagship stores on New Bond Street, London and Madison Avenue, New York City. This is the company’s first retail endeavor since Labelux Group acquired the brand in June 2011, an inauguration that brings the company back to its British roots and marks … Read more
For many luxury car buyers, small is now beautiful In today’s world even luxury buyers are well aware of fuel costs and crowded urban streets. That’s especially true in markets like Europe, where downsized car models have been gaining traction for more than a decade. But car manufacturers are betting that even in the U.S. … Read more