Search results for: “luxury retail”
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Alexander Wang announces new global headquarters and showroom
Alexander Wang joins the growing roster of notable brands which have made the Seaport their home, including ESPN, whose New York Seaport studios broadcast more than 200 hours of programming a week, and Nike, whose creative studio opened in 2019. The Seaport’s urban walkability and connection to the area’s independent retailers, restaurants, art galleries and…
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The world’s number one super-premium tequila and LALIQUE unveil third collaboration
The Series 3 collectible is a celebration of the Weber Blue Agave plant from which PATRÓN Tequila derives. The coveted PATRÓN en LALIQUE series started in 2015 with the release of Serie 1, which was inspired by the PATRÓN tequila bottle design. Following the success of the first release, in 2017, Serie 2 was unveiled…
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A Time of Sincerity wins fifth edition of Loewe Foundation Craft Prize
Spanish luxury brand Loewe announces winner of fifth edition of LOEWE FOUNDATION Craft Prize. The Craft Prize jury has met in Seoul for deliberations and selected A Time of Sincerity by Dahye Jeong as the winner of this year’s prize. This year’s LOEWE FOUNDATION Craft Prize has been awarded to Korean artist Dahye Jeong for…
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LVMH-owned Sephora leaves Russia
The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH luxury holding, which owns Sephora and operated stores in 34 cities in Russia. Sephora enters into an agreement for the sale of 100%…
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Discretionary spending continued to drive growth across fashion-forward sectors. Report
Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly…
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Zaha Hadid’s Opus has become one of the most sought-after destinations in the UAE
The Opus by OMNIYAT designed by Zaha Hadid is a mixed-use 20 storey tower, housing 96 unique residences, 175 unrivalled offices, a mix of fine dining restaurants, retail spaces and a five-star hotel, ME Dubai. It features twin towers linked in the form of a cube with an eight-storey central void that contrasts dramatically with…