Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Tel Aviv has jumped from fifth place to first in this year’s EIU’s Worldwide Cost of Living (WCOL) index, ahead of Paris and Singapore in joint second place. Damascus remains the world’s cheapest city, with prices falling in US dollar terms since last year as the war-torn Syrian economy struggles. Data released by the … Read more
Some of us know exactly where we want to live, we’ve thought about it long and hard, and perhaps even started putting our plans into motion. However, others may feel that urge to start out some where new, but simply aren’t sure where. Moving abroad can be an incredible adventure, allowing you experiences you’ve only … Read more
The new brand identity accords Lanvin Group, the most influential global luxury group rooted in China, a fresh look. Lanvin Group, the global luxury fashion group, unveiled its new brand identity following the change of its name from Fosun Fashion Group. The adoption of the globally recognizable Lanvin brand as its new name represents a … Read more
Scaling Circularity in Fashion: New research demonstrates the potential for pre-competitive collaboration to scale textile recycling technologies In the aftermath of COP26, Global Fashion Agenda (GFA) , the leading non-profit for industry collaboration on sustainability in fashion has published Scaling Circularity – a new report which reveals the opportunities and investment required to scale circular … Read more
Prelude Growth Partners, a private equity firm focused on high potential, fast-growing consumer brands, has sold its stake in Sol de Janeiro beauty brand, a top-selling, Brazilian-inspired, lifestyle skincare brand, to L’OCCITANE en Provence, commonly known as L’Occitane, the international retailer of body, face, fragrances and home products based in Manosque, France. Sol de … Read more
Matthieu Blazy entrusted with the creative helm of the Bottega Veneta luxury house. Bottega Veneta appoints Matthieu Blazy as creative director On November 10, Kering-owned Bottega Veneta and Daniel Lee announced their joint decision to end their creative collaboration. Fashion designer Daniel Lee has been at the creative helm of the luxury fashion House … Read more