After a sharp contraction in 2020, the personal luxury goods market grew by 29% at current exchange rates to hit EUR 283 billion, increasing the size of the market by 1% versus 2019 levels. For the future, Bain & Company estimates that the personal luxury goods market could reach EUR 360-380 billion by 2025 with … Read more
After Covid19, the best we can hope for the fashion industry is a rebirth that puts people and planet ahead of profits. Earth Hour this Saturday is a further reminder that every moment counts
73 million sharks are killed yearly for shark fin soup. The Peninsula Hotels recognises that sharks around the world are increasingly threatened with extinction, primarily due to unsustainable fishery practices. To support the conservation of marine bio-diversity, and given the difficulty of identifying shark fin products that have come from non-threatened species and those subject … Read more
Mercedes-Benz to Offer World’s Most Economical Luxury Vehicle: E300 BlueTEC HYBRID – 4.2 l of diesel/100 km and E400 HYBRID: combined fuel economy of 27 mpg (estimated) Mercedes-Benz is opening a new chapter in its core segment while at the same time setting new standards for luxury sedans. The E300 BlueTEC HYBRID impresses with new … Read more