Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Gemological Institute of America x eBay announce the expansion of Authenticity Guarantee to fine jewelry eBay Launches Authentication for Fine Jewelry. This marks the expansion of eBay’s authentication service to its fifth category, which currently includes sneakers, watches, handbags, and trading cards. As the marketplace’s luxury categories continue to gain momentum with double digit growth, … Read more
Inter Parfums, Inc. Reports Record 2022 Second Quarter Net Sales. Increases 2022 Guidance to $1 Billion in Net Sales and EPS To $3.25. Inter Parfums, Inc. announced that for the three months ended June 30, 2022, net sales rose to $244.7 million, up 18% from $207.6 million from the second quarter of 2021. Jean Madar, … Read more