Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The plastic surgery industry has received an unexpected boost from Zoom calls and the so-called Quarantine Fifteen. In fact, the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) released the findings from their annual survey, and 70% of respondents reported an increase in business during the COVID-19 lockdown, with 90% saying they have … Read more
Cryptocurrencies have emerged as one of the most speculative assets in the past few years. With the rate of growth of an astounding 527% from march 2020 to march 2021, Cryptocurrencies like Bitcoins have witnessed tremendous growth over the past few years. The Blockchain market itself is predicted to grow at a whopping Compound annual … Read more
The leading global platform for desirable second-hand fashion announces a new €178m (US$ 216m) financing round. Following a strong year that saw the platform’s transaction volume grow over 100% year-on-year, this financing round grants Vestiaire Collective unicorn status and ideally positions it for its next cycle of accelerated growth. Since its inception in … Read more
From the biotech firms behind the first mRNA vaccines (Pfizer-BioNTech and Moderna) to a real estate developer creating high-quality affordable housing (Stablegold Hospitality), the World’s 50 Most Innovative Companies list compiled by Fast Company addresses a society remade by COVID-19. “Many of them pioneered business models that are now accelerating: Peloton and Zwift, for … Read more
Kering Americas and The James Beard Foundation Support Gender Equity In The Culinary Industry. Kering Americas is pleased to announce a donation to the James Beard Foundation to support women-owned restaurants that have been impacted by the pandemic. The initiative was launched during the International Women’s Day. Restaurants owned by women are being disproportionately … Read more
The Lauren Look: Ralph Lauren’s first subscription apparel rental. The idea is to offer consumers an innovative new channel to experience, engage and ultimately shop the luxury fashion brand. Ralph Lauren announced the introduction of ‘The Lauren Look,’ the Company’s first subscription clothing rental initiative, with the Lauren Ralph Lauren brand. Ralph Lauren is … Read more