Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Get there 5X Faster: Hermeus Quarterhorse jet is building the world’s fastest aircraft. Less time on the plane, more time on the ground. At these speeds – over 3,000 miles per hour – flight times from New York to London will be 90 minutes rather than seven hours. Mach 5 aircraft have the … Read more
Gucci retains the top position as Italy’s most valuable brand for the third year. Despite a turbulent year, and the threat of a lasting economic recession, the Kantar BrandZ Most Valuable Italian Brands ranking has risen by 11%, to reach a total brand value of $114.6 billion. Gucci retains the top position as … Read more
New shoppable livestreams capability empowers luxury retailers to grow audience while retaining ownership of the high-end customer journey. Bambuser Signs Master Agreement with LVMH Following Initial Pilot Activations and LVMH Innovation Award. Bambuser, a software company specializing in interactive live video streaming, announced it has entered into a long-term master agreement with LVMH … Read more
The pandemic is far from over, but consumers were in a very different mindset in the second quarter compared to the same period in 2020. According to The Lyst Index, a quarterly ranking of fashion’s hottest brands and products, searches for dresses increased 371%, sunglasses 198% and beachwear 192%, as the TSA reported the … Read more
Cloud 100 list recognizes the most innovative and valuable private companies in cloud technology. Cloud computing funding deals worldwide have seen a dramatic uptick in the last year, adding 29 newcomers to our 2021 list and making this an especially transformative time for the sector. Forbes Releases 2021 Cloud 100 List Of The Best … Read more
In order to inform and build awareness of the restaurant ecosystem, the Michelin gourmet guide created a barometer. The MICHELIN Recovery Index takes the pulse of global gastronomy. 91,3% of Michelin Starred restaurants worldwide are open for dining either inside or outside. Each week, the barometer is recording the number of Michelin Starred … Read more