LUXURY

The Ritz-Carlton expands Asian offerings with new Macau location

The Ritz-Carlton’s new location in Macau, China Hotel chain The Ritz-Carlton is expanding its locations in the South Pacific by opening a new property in the Special Administrative Region of Macau. The Ritz-Carlton, Macau is located inside Galaxy Macau, Phase II, a premium lifestyle resort with shopping, dining and entertainment offerings. Macau is a popular tourist destination in China with 29 million visitors in the last year, and by choosing

Swarovski auctions art objects to support charitable foundation

Hood by Air’s crystal-embellished construction drum Precision-cut crystal maker Swarovski is auctioning off a selection of art objects designed by the nominees for the Swarovski Award for Emerging Talent from the Council of Fashion Designers of America. Proceeds from the online auction will benefit Free Arts NYC, a charity that offers art education and mentoring to children of all ages in New York, benefitting those in need and fostering appreciation

Swarovski auctions art objects to support charitable foundation

Hood by Air’s crystal-embellished construction drum Precision-cut crystal maker Swarovski is auctioning off a selection of art objects designed by the nominees for the Swarovski Award for Emerging Talent from the Council of Fashion Designers of America. Proceeds from the online auction will benefit Free Arts NYC, a charity that offers art education and mentoring to children of all ages in New York, benefitting those in need and fostering appreciation

Louis Vuitton continues to raise brand value despite industry challenges: report

Karl Lagerfeld’s collection for Louis Vuitton Of the top 10 luxury brands analysed by Millward Brown and WPP for the “BrandZ Top 10 Luxury Brands” ranking, only Chanel and Louis Vuitton showed growth from the year-ago period. The value of luxury brands as a whole has declined by $7 billion since the 2014 survey as maintaining exclusivity in a changing marketplace has presented the industry with challenges. Beyond struggling to

Louis Vuitton continues to raise brand value despite industry challenges: report

Karl Lagerfeld’s collection for Louis Vuitton Of the top 10 luxury brands analysed by Millward Brown and WPP for the “BrandZ Top 10 Luxury Brands” ranking, only Chanel and Louis Vuitton showed growth from the year-ago period. The value of luxury brands as a whole has declined by $7 billion since the 2014 survey as maintaining exclusivity in a changing marketplace has presented the industry with challenges. Beyond struggling to

Michael Kors strengthens menswear leadership with new position

Michael Kors menswear U.S. fashion label Michael Kors is looking to further grow its menswear business with the creation of a new dedicated executive role. Marcel Ostwald, newly appointed the senior vice president, menswear at the brand, will work on both the creative strategy and product development, alongside designer Mr. Kors and president of men’s, Mark Brashear. This new hire is the latest in a series of strategic moves to

Shangri-La expands hotel footprint to Mongolia

Welcome tea at Shangri-La Hotel chain Shangri-La is opening its latest property in Ulaanbaatar, Mongolia, to further cement its roots in Asia. This property will be the Hong Kong-based hotel company’s first in the country. Shangri-La has developments underway in many Asian and Middle Eastern countries, but this flagship property in Mongolia will give the brand a chance to connect with a new audience. Reaching new limits This year Shangri-La

Fortnum & Mason adds the finishing touches

Facade of Fortnum & Mason British department store Fortnum & Mason is prepping for special occasions this summer with a weeklong event for consumers. Guests will be able to finalize the finishing touches with millinery experts, jewelry advisors and accessory consultants in-store. As the weather becomes nicer consumers are attending more events and have a higher need for assistance in finalizing outfits, but may be unaware of the help Fortnum

Fortnum & Mason adds the finishing touches

Facade of Fortnum & Mason British department store Fortnum & Mason is prepping for special occasions this summer with a weeklong event for consumers. Guests will be able to finalize the finishing touches with millinery experts, jewelry advisors and accessory consultants in-store. As the weather becomes nicer consumers are attending more events and have a higher need for assistance in finalizing outfits, but may be unaware of the help Fortnum

Confidence in US economy tapers in Q1: report

Grange Park estate Optimism among finance professionals increased the most for Africa, Asia and South Asia, according to a report by the Association of Chartered Certified Accounts and Institute of Management Accountants. Confidence in the global economy is at its highest level among finance professionals since 2011, although too many points of economic stress around the world prevent total optimism. For luxury brands, gauging the forecast of finance professionals who regularly