DFS, the global luxury travel retailer owned by LVMH and co-founder Robert Miller, has announced that it will sell its retail business across Greater China to the China Tourism Group (CTG) Duty Free. The deal includes the acquisition of DFS’ businesses in…
Hermes, the renowned French purveyor of luxury goods, has revitalized its presence in Hanoi by relocating its boutique to a fresh, new spot on Trang Tien Street. Moving to a Classic Setting Having been in its previous location for several years, the Hermes…
Dior, a renowned luxury fashion brand, is poised to establish an immersive, botanical-themed pavilion in Tokyo. This development is in line with the brand’s previous initiatives of similar nature in Bangkok and Seoul. A Glowing Facade with a Parisian Touch…
Prada, the iconic Italian fashion house, has inaugurated a new flagship boutique at Landmark Hong Kong. This development comes as a part of the brand’s ongoing mission to refine its tangible presence in the city and within the Landmark retail complex. Grand…
Louis Vuitton is embracing a fresh approach to brick-and-mortar retail with the unveiling of a multi-faceted concept space in the heart of Seoul. This innovative project, known as Visionary Journeys Seoul, blends retail, exhibition, and culinary experiences,…
Golden Goose, an Italian luxury sneaker manufacturer, announced on Friday that HSG, previously known as Sequoia Capital China, has become its main shareholder. The Chinese private equity firm acquired its stake from the current owner, Permira. Additional…
LVMH, the esteemed French luxury consortium, has announced the appointment of Laura Burdese as the Chief Executive Officer (CEO) for the renowned Italian high jewellery brand, Bulgari. Her tenure is slated to begin in July of the coming year. Transition in…
Luxury conglomerate LVMH has publicly denied allegations that it illicitly acquired shares now valued in the billions of euros from Hermès heir, Nicolas Puech. LVMH has been named in a lawsuit alongside its CEO, Bernard Arnault, and ex-wealth manager Eric…
La Maison du Chocolat, a renowned French luxury chocolatier, is expanding its presence in South Korea, launching a new pop-up boutique in the central Seoul location of the Lotte Department Store Main B1. Expanding Partnership with Bluebell Korea This latest…
Hermes, the renowned French luxury brand, has announced the reopening of its renovated store at Bangkok’s IconSiam mall. The new upscale space responds to the rapidly increasing demand for luxury retail in Thailand’s capital city. The Hermes boutique in…
Luxury fashion house Dolce & Gabbana has established its first DG Caffe in the heart of Bangkok, housed within the bustling Siam Paragon shopping complex. Design Details Designed to exude elegance and sophistication, the cafe is adorned with Dandong Green…
Vivien Chiu, the Chief Operating Officer of Hang Seng Bank, has recently acquired a deluxe apartment in Hong Kong for HK$40 million, equivalent to around US$5.14 million. The cost per square foot of the 1,651 square-foot property amounted to HK$24,228, or…
The Singapore-based e-commerce platform, Carousell, is set to launch its first physical store dedicated to second-hand luxury handbags in the city-state. Carousell Luxury Store Opening Carousell will debut a 1,400 square foot retail space, christened as…
Luxury brands Gucci, Balenciaga, and Alexander McQueen have fallen victim to a cyber attack, leading to the potential theft of millions of customer’s private details. The assault targeted Kering, the French corporation that owns these prestigious labels.…
Dolce & Gabbana, the revered Italian luxury fashion brand, has unveiled financial figures for the fiscal year that came to a close on March 31. The company saw its revenue climb by 4 per cent, translating to a total of US$2.2 billion. Revenue Drivers and…
Tokyo’s hospitality landscape is in for a makeover, with an exciting lineup of luxury hotels poised to make their debut. A recent report by JLL reveals that while there were no new international hotel openings in the Japanese capital during the second quarter…