Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
50 ultra-luxury residences to be developed in America’s most exclusive zip code. Development leader Related Group – along with partners Teddy Sagi, BH Group and Wanxiang America RE Group – closed on the purchase of Six Fisher Island Drive, the last available development site on Miami Beach’s historic Fisher Island. The deal paves the way … Read more
Guillaume Jesel Promoted to President, Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development. The Estée Lauder Companies announced that Guillaume Jesel has been promoted to President, Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development, effective immediately. Guillaume will report to Jane Hertzmark Hudis, Executive Group President and also to … Read more
Luxury Hotelschool Paris Invests in the Future of Recruitment for the Luxury Hotel Industry. Luxury is a dream that becomes reality as if by magic nowhere with more attention than in luxury hotels Luxury Hotelschool Paris, an international management school dedicated to the luxury hotel industry, unveils its ambitions for the new academic year and … Read more
The Estée Lauder Companies and BALMAIN are Partnering to Launch BALMAIN BEAUTY. The Estée Lauder Companies and BALMAIN have entered into a license agreement to collaboratively develop, produce, and distribute an innovative line of high-end beauty products that will speak to luxury consumers around the world: BALMAIN BEAUTY. The collaboration is expected to launch in … Read more
The program supports the growth of up-and-coming brands and emphasizes BIPOC voices. Saks, the premier digital platform for luxury fashion, has launched the second year of its emerging designer accelerator program, The New Wave, presented by Mastercard. This year’s program features eight new-to-Saks brands, including Claude Kameni, KEEYAHRI, Ludovic de Saint Sernin, Nalebe, SUNNI SUNNI, … Read more
Brad Pitt launches a new business venture. Brad Pitt released a genderless skincare line made with grapes from his vineyard in France. Actor Brad Pitt, the owner of Château Miraval in Provence, said that he’d always thought about launching his own skincare line and had been approached by several brands over the years, but it … Read more