ModeWalk.com Attracts $1.8 Million in Series A Financing to Offer the Most Immersive Luxury Shopping Experience Online Luxury Shopping site ModeWalk.com attracted over $1.8 million in funding led by Merus Capital with additional investments from prominent Silicon Valley angel investors and luxury industry executives. This Series A financing is designed to accelerate development of technology, … Read more
Premier hospitals are part of an international competition for wealthy patients willing to pay extra. The New York Times reports that many American hospitals offer a V.I.P. amenities floor with a dedicated chef and lavish services, from Johns Hopkins Hospital in Baltimore to Cedars-Sinai Medical Center in Los Angeles, which promises “the ultimate in pampering” … Read more
Nestle targets the luxury sector Maison Cailler is a new luxury brand created by Nestle to deliver tailor-made chocolates designed to the customer’s individual taste. Nestle, the world’s biggest food company by sales, is doing well with new products in both the luxury and affordable segments, Laurent Freixe said at launch of the Maison Cailler … Read more
Ekaterina Petukhova is Co-founder and managing director of Esper Group. Esper Group is the group of companies providing multiple services for companies working in the fashion industry in Russia, former USSR countries and Eastern Europe. Every day Esper Group specialists monitor, collect and analyze using company’s own unique method the information needed to do business … Read more
Berluti launched its first menswear collection The luxury industry is driven by male consumers, who are now spending £155 billion a year on luxury clothes and accessories for themselves, according to a new study. “Men seem to be a little bit more selfish these days, and spend a bit more on themselves and a little … Read more
Chinese liquor brand Moutai was recently included in a list of the top 10 “Gifts for the Chinese Luxury Consumer“, a list compiled by the Shanghai-based research group Hurun, as part of its annual “Best of the Best” awards. Moutai held the fifth position behind the likes of Louis Vuitton, Cartier, Hermes and Chanel. The … Read more