Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The ‘Elton John’ of luxury homes, a repossessed property, sold to foreign businessman An opulent Surrey mansion which has been on the market since 2005 has finally sold for less than half its original asking price. Updown Court was once expected to fetch £75 million but has now sold after six years on the market … Read more
E-Commerce Landscape Shifting Towards “New Luxury” Goods While many consumers remain focused on prestige pieces that will retain their worth, young consumers are racing to purchase “new luxury” accessories like high-priced handbags and shoes, according to a study just released by PM Digital, a New York-based digital marketing agency. This is among the findings in … Read more
Luxury Group PPR sees 7 pct increase in sales, led by luxury divisions French retail and luxury company PPR posted a solid increase in revenue for the third quarter as its luxury divisions made up for shortfall in retail. The company behind Yves Saint Laurent and Gucci said Wednesday that a 25-percent jump in sales … Read more
What can say about “luxury” a true specialist and a luxury expert? What could say about perfumes a true perfumer? Well, Creezy Courtoy is the person you are looking for. Dedicated to luxury and perfume industry in particular, the author of the famous “Les Routes du Perfum” revealed some of the achievements of many years … Read more
Meissen head Kurtzke voted first president of the MEISTERKREIS France has Comité Colbert, the British have Walpole, Italians have Fondazione Altagamma and the Spanish – Circulo Fortuny. From 21 of October Germany has its own special interest luxury group called Meisterkreis. More than 40 German and international luxury brands formally established the ‘MEISTERKREIS – Deutsches … Read more
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