The UK Government announced the return of tax-free shopping for visitors to the UK. British politician Kwasi Kwarteng, serving as Chancellor of the Exchequer since 2022, told the House of Commons that the UK Government will put in place a “modern, digital, VAT-free shopping scheme”. This will include modernisation of the scheme in Northern Ireland … Read more
Korean cosmetics giant Amorepacific announces the acquisition of luxury clean beauty brand Tata Harper. Korean cosmetics group Amorepacific has entered into a definitive agreement to acquire Tata’s Natural Alchemy, LLC (“Tata Harper”), a pioneer in natural luxury skincare, in a move that further signals the company’s intention to continue its penetration of global markets with … Read more
Miami has always been one of the world’s most instagrammable cities. A hub for those interested in inspirational environments, oceanfront lifestyle, and one-of-a-kind luxury living experiences, Florida’s most famous city has a new generation of high-design real estate projects taking things to the stratosphere. The developers have always striven to outdo themselves when it comes … Read more
Richemont, third-largest luxury goods company in the world, FARFETCH and Alabbar Advance the Digitalisation of the Luxury Industry. Richemont is building an independent, neutral online platform for the luxury industry that would be highly attractive to both luxury brands and their discerning clientele. Richemont Maisons to adopt FARFETCH Platform Solutions to advance the realisation of … Read more
Waldorf Astoria will no doubt be one of Kuwait’s most prestigious landmarks. Waldorf Astoria Makes its Landmark Debut in Kuwait. Situated alongside The Avenues, the iconic Waldorf Astoria Kuwait brings unrivalled luxury, world‑class hospitality, and exquisite dining to the heart of Kuwait City. Waldorf Astoria Kuwait is Hilton’s third property in the country and brings … Read more
CENTRAL GROUP AND SIGNA HOLDING COMPLETE ACQUISITION OF SELFRIDGES GROUP. Following the announcement in December 2021, Central Group and Signa Holding have completed the acquisition of the luxury retailer, Selfridges Group, from the Weston Family. This transaction has created one of the world’s leading luxury department store groups, with presence in 8 countries in Europe … Read more