Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Four Seasons and Rosewood to land simultaneously in Venice, Italy. Italy is a beloved and important destination for luxury travellers, and hospitality groups have been capitalizing on the strength of this market with property enhancements and incredible new additions to their portfolio. Four Seasons Arrives in Venice: Luxury Hotel Brand to Expand Italian Portfolio with … Read more
In an era of unprecedented digital acceleration, each of these startups embodies excellence in its particular area of expertise, with products or services that are helping to shape the customer experience of the future. LVMH announces 2022 Innovation Award prize list, and its Grand Winner TOSHI, during 2022 Viva Technology show, the annual technology conference, … Read more
Ferrari’s Capital Markets Day puts emphasis on employees, electrification, and carbon neutrality by 2030. Ferrari’s Capital Markets Day drew to a close this week, as investors, media and financial analysts were presented with the strategic plan for 2022-2026, and the actions the company intend to take to embrace the opportunities ahead. The 2018-2022 business plan … Read more
Apple Regains World’s Most Valuable Brand Status. Apple sits on top of the Kantar BrandZ Most Valuable Global Brands 2022 ranking and is on track to become the first trillion-dollar brand. With a brand value of $947.1bn, Apple stands out for its high degree of differentiation and continued diversification across its hardware, software and services … Read more
Cartier and Amazon File Two Joint Lawsuits Against Counterfeiters Using Social Media to Traffic Counterfeit Luxury Goods. Amazon and Cartier announced two joint lawsuits against a social media influencer and eight businesses (collectively, the “defendants”) for advertising, promoting, and facilitating the sale of counterfeit luxury goods through Instagram and other websites, infringing on Cartier’s registered … Read more
Global Fashion Summit: Copenhagen Edition is the epicentre for sustainability in fashion. Illustrious brands and organisations launch new initiatives to accelerate impact. Hosted in the grand setting of the Royal Opera House, Copenhagen, on 7-8 June, the sustainable fashion event convened over 900 leaders from brands, retailers, NGOs, policy, manufacturers, and innovators to drive urgent … Read more