London, Paris, Tokyo and Singapore are the global destinations to remain the key focus for luxury brands wanting to expand or improve their physical profile in 2019. With a 38% increase in luxury store openings last year, London became the most active destination globally for high-end brands last year, according to Marie Hickey, retail … Read more
Chinese consumers are expected to account for nearly half of the global luxury market by 2025. Swiss luxury goods group Richemont and Alibaba group announce global strategic partnership. This partnership will bring Chinese consumers unprecedented access to the world’s leading luxury brands. Under the partnership, YNAP and Alibaba will establish a joint venture (JV) … Read more
For the past 10 years, New York-based Bond No. 9 has been a success across the pond in London—specifically on the main floor of the world’s most iconic retail institution, Harrods. But come September the celebrated, prize-winning American perfumer will be in the ascendant at this palace of shopping wonders, expanding its presence into a … Read more
Luxury Retailers are thriving throughout top global markets, according to Colliers International‘s latest global retail report. Among the top 10 global retail rents for the year (per square foot in USD), New York’s Fifth Avenue is the pinnacle, with NYC’s Madison Avenue also on the list, while Hong Kong holds three spots. The list is … Read more
David Yurman Announced Opening of Charlotte Boutique. David Yurman, America’s premier fine jewelry and timepiece designer, is pleased to announce the opening of its boutique at SouthPark Mall in Charlotte, North Carolina Conceptualized by the renowned architectural firm of Gabellini Sheppard Associates, the flowing 2,009 square-foot store features classically modern architecture. Every element of the … Read more
Madison Avenue Welcomes Nineteen New Retailers in Second Half of 2012 Madison Avenue, the North America’s premier luxury district, is featuring some of the most sought-after real estate in the world. The Madison Avenue Business Improvement District (BID) released its Second Half report for new store openings, announcing 19 new retailers. “Madison Avenue hosts the largest … Read more