Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
LVMH Japan and SoftBank Corp. Agree on Strategic Partnership to embrace digital technology and new services and features that keep customers at the center. LVMH Moët Hennessy LVMH Japan and SoftBank signed a strategic partnership this week to enhance customer experience and services for luxury brands by leveraging technology. This partnership combines the expertise of … Read more
Mandarin Oriental is focused on developing its resort portfolio and has been looking to enter The Maldives for some time. A new Private Island Resort in the Maldives represents the right opportunity for the hospitality group. Mandarin Oriental Hotel Group has announced that it will manage a new resort on a private island in The Maldives … Read more
According to a new market study published by Global Industry Analysts, a premier market research company, the wedding industry globally remains buoyant owing to unwavering demand and increasing number of millennials attaining marriageable age. “Bridal Wear – Global Market Trajectory & Analytics”. report presents fresh perspectives on opportunities and challenges in a significantly transformed post … Read more
Airbus – one of the largest exhibitors at the 2022 Singapore Airshow. Airbus was one of the largest exhibitors at the 2022 Singapore Airshow, showcasing its latest products, services and its commitment to sustainable aerospace. Held every two years, this year’s show took place from 15 to 18 February at the Changi Exhibition Centre. Taking … Read more
Kering announces the sale of Girard-Perregaux and Ulysse Nardin to their management. Kering is selling its entire stake (100%) in Sowind Group SA, which owns the Swiss watch manufacturers Girard-Perregaux and Ulysse Nardin, to its current management. A global Luxury group, Kering manages the development of a series of renowned luxury Houses in Fashion, Leather … Read more
Virgin Hotels to debut two U.K. hotels & a new-build hotel in New York City in 2022. The portfolio expands with three new hotels that are slated to open through 2022, including five hotels that have already debuted in the U.S. Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, has … Read more