Global Personal Luxury Goods Market On Track For Recovery. Two possible scenarios for the luxury industry rebound in 2021. Following a turbulent year, the luxury market has started its path towards recovery. The luxury industry returned to growth in the first quarter of 2021, growing by 0-1% versus 2019, which is viewed by the … Read more
104 leading art galleries from 23 countries and territories will present a unique overview of the diverse art scenes across Asia and beyond during this year’s Art Basel in Hong Kong, taking place at the Hong Kong Convention and Exhibition Centre from May 19 to May 23. As Art Basel Hong Kong prepares to … Read more
As part of its Ambition 2039 initiative, Mercedes-Benz is working on offering a carbon-neutral new car fleet within 20 years from now. By as early as 2030, the company wants more than half the cars it sells to feature electric drive systems – this includes fully electric vehicles and plug-in hybrids. At Auto … Read more
Hercules Electric Vehicles is opening a $20 million Series A investment round managed by CMD Global Partners, a boutique investment bank. Detroit, Mich.-based electric vehicle manufacturer Hercules is developing an all-electric sport pickup truck, the Hercules Alpha, which will be available in late 2022. Hercules expects to demonstrate its first drivable architectural … Read more
Mercedes GLE 450 wins the umlaut Connected Vehicles Benchmark as the most connected luxury mid-sized SUV. Mercedes ranked “Best-in-Test” in Feature Availability and User Experience. Given the surging interest in connected and autonomous vehicles and critical importance of connectivity in vehicles, umlaut conducted a comprehensive connectivity assessment of luxury SUVs. The benchmarking specialist providing … Read more
The world leader in premium spirits, Hennessy embarked on a conquest of new territories with its exceptional cognac at the end of the 18th century, beginning with the United States. Now the relationship between French cognac and the United States has elevated to an exciting new level with the announcement that Hennessy has become … Read more