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

Hublot King Power Arturo Fuente pays tribute to rarest cigar in the world

Swiss luxury watch company Hublot celebrated the New York debut of the King Power “Arturo Fuente” timepiece at the exclusive Grand Havana Room. The watch is a result of the unique collaboration between the fine Swiss luxury watchmaker and one of the world’s premiere cigar brands. This past October, Hublot celebrated the launch of the … 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

Top trends that will impact the spa and wellness industry

SpaFinder Wellness Previews Top 10 Spa and Wellness Trends for 2013   SpaFinder Wellness discovery engine revealed a preview of its 10th annual Trends Report, which forecasts top trends that will impact the spa and wellness industry. The in-depth report on 10th annual forecast will be released January 15. The forecast is based on ongoing … 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