Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
On December 8, 2011 Bucharest will be the host of the first edition of Digital Luxury Forum – the first business event in Romania that will explore the relationship between the players on the domestic luxury market and digital media (online, TV, mobile networks). The event is organized by www.deLUXE-lifestyle.ro / 2luxury2.com in partnership with … Read more
Ritz-Carlton Hotel Company opened its first hotel in Riyadh, Saudi Arabia. This is the 77th hotel in the world and eighth in the Gulf region. The palatial hotel, with 493 rooms and suites, is prominently situated next to the Diplomatic Quarter and adjacent to the King Abdul Aziz Convention Centre, one of the largest in … Read more
Worldwide luxury goods market poised to surge 10 percent in 2011 as growth in China and mature markets increases, according to newly-released 10th edition of Bain & Company’s luxury goods worldwide market study. Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in … Read more
London ‘Super Prime’ Home Sales Surge to Record on Overseas Purchasers Overseas buyers make up 65 percent of the London market for homes costing more than 5 million pounds Buyers from the Middle East, North Africa, Eastern Europe and former Soviet Union are pushing prices in London ‘Super Prime’ Home Sales to new records. Values … Read more
Turkey Car Tax Rise Means $943,000 for a Bentley Turkey Imposes also special Consumption Tax on Game Boards Turkish sales of luxury vehicles with large engines will drop at least 70 percent after the government increased the special consumption tax, Hurriyet Istanbul-based newspaper reported. It is expected that the sales of vehicles with engines up … Read more
The hatmaker of the British Monarchy bought by Liberty (BlueGem Capital Partners) Upmarket London department store Liberty has purchased Christy’s, maker of ‘fine hats’ to luminaries as diverse as Winston Churchill and Johnny Depp. The hat maker, synonymous for its Trilbys, Fedoras and Ecuadorian Panamas, was established in 1773 and is the first addition as … Read more