economy

Luxury Travel Market Size Worth USD 2.61 trillion by 2030

With the biggest market share, the European region is most likely to dominate the luxury…

FARFETCH Offers Cryptocurrency Payment Option for Customers in 37 Countries

FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, today announced…

Porsche IPO draws commitments from Qatar Investment Authority, Norway Wealth Fund

Germany’s Volkswagen AG has lined up commitments from anchor investors including the Norwegian sovereign wealth fund…

Versace is the latest luxury brand to increase prices

Buying Versace will cost you more now and it’s not due to inflation. Mainly, according…

Kim Kardashian ventures from beauty and shapewear to private equity

Kim Kardashian is known to have ventured into multiple business streams over the course of…

Metaverse Digital Asset Marketplaces will be a $224.9 Billion Opportunity by 2027

In the “Metaverse Market by Technologies, Platforms, Solutions and Applications in Industry Verticals 2022 –…

THE INSTITUTE: AUGUST LUXURY MARKET REPORT

The Institute’s Luxury Market Report is your guide to analyzing the trends and comparative data on the…

LVMH Appoints Group President in North Asia

Michael Schriver has been named group president of LVMH Moët Hennessy Louis Vuitton in North…

Tech billionaires to dominate GCC soon, says global wealth tracker Hurun

The profile of billionaires in the GCC region is fast changing, with ‘new economy’-backed billionaires…

Luxury Footwear Global Market to Reach $32.48 Billion by 2026

The global luxury footwear market is expected to grow from $24.37 billion in 2021 to $25.78 billion in 2022…

Richemont, FARFETCH and Alabbar cement Partnership to advance the Digitalisation of the Luxury Industry

Richemont (SWX:CFR), FARFETCH (NYSE:FTCH) and Symphony Global, one of the investment vehicles of Mohamed Alabbar…

Vietnam’s Luxury Market Is Heating Up

In what was one of the country’s most extravagant luxury fashion events to date, Gucci…

Singapore, Asia’s millionaire capital by 2030

Singapore will overtake Australia to have Asia’s highest share of millionaires in the adult population…

Rethinking Luxury’s Relationship With Black Consumers

Over the pandemic, fashion editor Danielle Prescod made the move from New York City to New Orleans,…

Dubai’s DIFC launches global hub for ultra-rich, family businesses

The Dubai International Financial Centre (DIFC) has launched a hub for family businesses and ultra-high…