The British destinations cashing in on big-spending Chinese tourists
George Osborne wants to attract more affluent Chinese holidaymakers to Britain. Who stands to profit from these high-rolling visitors?
luxury shopping
Tiffany & Co. to open jeweler’s first wholly owned retail business in Russia
Tiffany to Open a Store in Moscow Tiffany & Co. announced plans to open a two-level store in Moscow’s GUM department store, the city’s premier destination for luxury shopping and a center for art and culture, located in Red Square. At approximately 420 square meters, it is the jeweler’s first wholly owned retail business in … Read more
Victoria Beckham introduces e-commerce for the first time in the label’s history
The London-based fashion label Victoria Beckham revealed new e-commerce site (victoriabeckham.com), the first time in the brand’s history. As about 20 percent of Beckham’s current sales come from online, the redeveloped e-commerce platform was a natural move into digital environment. “That statistic alone makes it an important next step for us. When you think about … Read more
Luxury spending is increasingly becoming the domain of Generation Y
A large portion of affluent Generation Y attains their wealth from their parents—but they may not be on track for it in the future, according to Digitas‘ study “Affluence in America: The Next Generation.” Affluent and Aspiring Children spend between two and four times their own income, due to access to their parents’ wealth.Many of … Read more
The new Burberry World Live Flagship to blur the boundaries between online and offline shopping
Christopher Bailey announced Burberry 121 Regent Street, London, the new Burberry World Live Flagship Futuristic on-screen technology, bespoke digital signage on all floors and clever radio-frequency identification (RFID) were announced by Christopher Bailey at the new Burberry World Live Flagship on 121 Regent Street, London opened in time for London Fashion Week. The store of … Read more
What means sustainable development ? Speaking with Bertrand Catteau – CEO Catinvest
“The sustainable development is becoming a key issue for all luxury brands respecting consumers’s demand” – . An 2LUXURY2’s interview taken during 1.618 Sustainable Luxury Paris with Bertrand Catteau – CEO Catinvest The first energy-positive outlet The design features outdoor walkways protected from the elements by stunning glass canopies, so no energy is consumed for … Read more