Luxury spending is increasingly becoming the domain of Generation Y

A large portion of affluent Generation Y attains their wealth from their parents—but they may not be on track for it in the future, according to Digitas‘ study “Affluence in America: The Next Generation.” Affluent and Aspiring Children spend between two and four times their own income, due to access to their parents’ wealth.Many of … Read more

China’s most prominent luxury footwear brand unveiled first European store

China’s most prominent luxury footwear brand opens Parisian flagship Stella Luna, China’s most prominent luxury footwear brand with over two hundred stores in Asia & Middle East, is now looking to Europe. With presence in China, Thailand, Taiwan, Lebanon, Philippines, Kuwait and the UAE, the luxury brad adds Paris to its worldwide map. Stella Luna … Read more

Chinese luxury jeweller Qeelin joining PPR’s portfolio

PPR acquires a majority stake in the Chinese fine jewellery brand Qeelin PPR group is increasing its portfolio of luxury brands in the jewellery segment and its presence on the Chinese market by acquiring a majority stake in the Chinese fine jewellery brand Qeelin. The transaction should be finalized in January 2013. Launched in 2004, … Read more

Christian Louboutin Opening First Men’s Store In London

Luxury footwear designer Christian Louboutin unveiled the fourth menswear-only shop in the world, this time in London. After Paris in September 2011, New York in August 2012, and Los Angeles, Christian Louboutin’s men’s boutique arrived on London’s Dover Street, close to the women’s flagship on Mount Street. The first Christian Louboutin store dedicated to men … Read more

Prada’s luxury line of board games

Prada’s contribution to luxury gaming is a board games set launched for the holiday season. Boxed in fine Saffiano leather boxes, Prada’s series of board games include chess, backgammon and nine men’s morrisin black, priced at €1,950, while the chess set comes for €2,500. The pieces in each game have a metallic edge. The luxury fashion … Read more

Emerald, radiant, lush green announced as the Color of the Year for 2013

The prevalence of green has been steadily rising for several seasons, especially in the fashion and couture markets, and even on the red carpet. Pantone, the global authority on color and provider of professional color standards for the design industries, announced PANTONE 17-5641 Emerald, a lively, lush green, as the Color of the Year for … Read more