Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Building on the launch of BEYOND: The Future of Luxury Retail, a start-up incubation program, the co-hosts The Dubai Future Foundation and Richemont Middle East, India & Africa announced the six start-ups that will move to the prototyping phase. Selected from over 250 applications from the brightest minds around the world, the six finalists will … Read more
Group revenue: €9.9 billion, up 23% as reported and up 16% on a comparable basis. Kering’s financial result improved sharply in the first half of 2022. Group revenue in the first half of 2022 grew 23% as reported and 16% on a comparable basis compared to the first six months of 2021. Group revenue also … Read more
The World’s Most Powerful Passports have the Least Travel Freedom By comparing the current level of travel freedom with the most severe Covid-related restrictions imposed over the past few years, the results from the Henley Passport Index, which is based on official data from the International Air Transport Association (IATA) show that the world’s most … Read more
Following the Covid-19 pandemic, businesses are having to think carefully about surviving in this new era of uncertainty and economic change. In order to create and maintain success, you need to be increasingly savvy about your plans for recruitment and expansion, as well as maintaining your reputation within the market share of your business. If … Read more
Asia’s leading brand distributor and operator Bluebell Group released the second volume of the “Asia Lifestyle Consumer Profile“. Based on an Asia-wide survey covering 2,100 premium lifestyle consumers across 6 markets – Mainland China, Japan, South Korea, Hong Kong, Taiwan and Southeast Asia (Singapore and Malaysia) – the study outlines five leading consumer personas and … Read more
Hundreds of Styles from More Than 60 Designers Now Available on SaksOFF5TH. Saks OFF 5TH Partners with Rent the Runway to Offer Pre-Owned Fashion. Saks OFF 5TH, the premier luxury off-price destination, has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for … Read more