Is Harrods’ Expansion into China a Game-Changer for the Luxury Industry? As mainland China is becoming a more important market for luxury shopping, Harrods, London’s most iconic department store, will open a new private member’s club in Shanghai at the end of 2023 in a bid to appeal to the country’s ultra-rich consumers. Harrods, the … Read more
BIÂN Luxury Wellness Club Unveils 2023 Expansion: More Space, More Fun, More Zen! Chicago’s Premier Luxury Wellness Club Grows In Square Footage, Memberships, Co-working and Offerings. BIÂN, Chicago’s premier luxury health and wellness club, is thrilled to unveil its expansion, which includes the addition of not only more physical space, including an elevated co-working experience, … Read more
Starwood Capital’s Louvre Hotels to speed up its expansion in fast-growing China Louvre Hotels, the world’s eighth-largest hotelier owned by U.S. investment group Starwood Capital, partnershiped with number one Chinese tour operator for expansion. Louvre Hotels, which so far has three hotels in China, plans to open 25 midscale or luxury hotels in the Shanghai … Read more
Champagne sales increased significantly in volume in 2011, with emerging markets like Russia and China fuelling growth. In anticipation of rising global demand for Champagne, Moet & Chandon is undertaking a major expansion of its production facilities, reports decanter. The company has been focusing on the construction of a new winery at its existing press … Read more