Europe has the largest e-commerce market in the world

Europe – the largest e-commerce region in the world Europe it the leader in global e-commerce after recording 19% growth to overtake North America in 2011. Online retail sales account for around 5.1% of the total value of the retail market in Europe, with 240 million e-shoppers spending an average of €1,000 each, according to … Read more

Tablet audience nearly 3x as likely to watch video as smartphone users

Tablets are used by 1 in every 4 smartphone owners Majority of Tablet Users Watch Video on their Device, 1 in Every 4 Viewers Pay to Watch   Tablets have quickly reached a critical mass in the U.S. with 1 in every 4 smartphone owners using tablets during the three-month average period ending April 2012, … Read more

Global luxury market to shift toward experiential luxury

Global luxury market: Experiential luxury makes up almost 55 percent of total luxury spending worldwide   Experiences make luxury shoppers around the globe feel pampered. Experiences are in great demand. Yearly sales of deluxe experiences — from art auctions to spas to safaris — are growing 50 Percent faster than sales of high-end goods, says new report from The … Read more

Foie gras prohibition. Is goose liver pâté entering the black market?

The sale of fattened duck and goose liver will be banned in California The days of foie gras are numbered…Foie gras, the goose liver pâté typically achieved through gavage (force-feeding corn), will be forbidden 1st of July in California, as many animal associations reported against it and a new law will be activated. Gavage-based foie … Read more

Timeless Beauty. Speaking about luxury with Nicolas Bos, Van Cleef & Arpels Artistic Director, Vice President and CEO Americas

The ongoing Van Cleef & Arpels’ “Timeless Beauty” exhibition at the Museum of Contemporary Art in Shanghai is presenting more than 100 years of Van Cleef & Arpels’ history. More than 370 selected pieces recreate the road to perfection through famous techniques and generations of master jewelers. 2luxury2 had the chance to speak about the … Read more

Marq on Paterson Hill Singapore: World’s first apartment fully decorated by Hermès

  SC Global Developments, a leading developer of up-market residences in Singapore, unveiled the first apartment entirely decorated by Hermès. The private hospitality apartment is situated in The Marq on Paterson Hill, in Singapore. The luxury 6,200 sq ft apartment at the Signature Tower at The Marq features a combination of Hermès furniture, furnishing fabrics, carpets, tableware, wallpapers, … Read more