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Mercedes-Benz to enter luxury real estate scene – Luxury Portfolio International

German automaker Mercedes-Benz is hinting at plans to build branded residences. The marque is looking to enter the real estate scene via a partnership with Emirati development firm Binghatti. Dubbed “Mercedes-Benz Places,” the joint venture would bring a 65-story luxury living space to downtown Dubai, marking a first for the vehicle manufacturer. “With Mercedes-Benz Places in Dubai, we are going beyond automotive to create outstanding brand moments,” said Britta Seeger, management board member

‘Old money’ aesthetic, intimate ceremonies now biggest trends in luxury weddings – Luxury Portfolio International

From the effects of the global COVID-19 pandemic to the rise of TikTok, the business of weddings has changed dramatically in the last few years. Taking on their roles immediately, Raquel Cadourcy and Marco Montenegro have respectively been appointed as chief marketing officer and chief growth officer at U.S. wedding dress manufacturer Allure Bridals. With nearly 60 years of collective industry experience, the duo has seen some major trends take over luxury nuptials, including intimate ceremonie

Ultra-luxury real estate buyers still flocking to cities - Hustis Jovanovic | Sports and Entertainment Division

According to the results of the latest study from American real estate brokerage Compass, Brooklyn is the biggest newcomer to the ultra-luxury market. Having come up during the pandemic, emerging markets such as Brooklyn are seeming to not only keep up with the high pandemic numbers, but to beat out pre-pandemic sales. The Ultra-Luxury Report explored the phenomenon, tracking residential sales within the United States that surpassed 10 million dollars. "[High net-worth individuals] increasingl

Henley & Companions – Luxurious Portfolio Worldwide

In keeping with new findings, there are 28,420 people world wide who maintain $100 million or extra in investable property this yr. London-based funding migration consultancy Henley & Companions is out with The Centi-Millionaire Report 2023, which reveals that this studied inhabitants is up 11.5 % year-over-year. Offering information on the highest 50 cities of residence for this rich demographic, the agency makes the case that the International South is rising, estimated to carry the best deve

Mercedes-Benz flies high with Blade partnership

German automaker Mercedes-Benz is teaming up with a helicopter charter company. The brand is the official luxury automotive partner of aviation firm Blade, an air travel player supplying helicopter and seaplane charters in and around New York City. Moving forward, Mercedes-Benz is making three Maybach vehicles available to departing or arriving passengers for ground transfers between Blade Lounges and commercial terminals at JFK Airport.

Ritz-Carlton promotes Formula One partnership with exclusive art series

Images of the world's most popular Grand Prix destinations and drivers center a new launch from Marriott International-owned hotel and resort chain The Ritz-Carlton. The luxury hospitality company is sending a series of travel-themed canvas posters, joined by handpainted portraits featuring the faces of British racecar drivers Lewis Hamilton and George Russell to sale. Featuring works from French artist Louis-Nicolas Darbon, all proceeds from the commissions will be donated to the U.K.-based educational charity Sutton Trust, as the Ritz-Carlton celebrates an ongoing partnership with the Mercedes-AMG Petronas Formula One Team.

Retrospective at Fondation Louis Vuitton to feature works from American artist Mark Rothko

LVMH’s Fondation Louis Vuitton is presenting a major exhibit. From Oct. 18, 2023, to Feb. 4, 2024, the organization is hosting a retrospective dedicated to American artist Mark Rothko, the first to arrive in France since 1999. Comprised of some 115 works, the event will encompass the famed creative's entire career, in turn submerging Louis Vuitton deeper into the world of luxury as the house's institute reflects on a powerful force of culture.

IHG announces 'global brand evolution,' uplevels bespoke guest experiences

Hospitality group InterContinental Hotels Group (IHG) is rolling out a range of new offers aimed at adding value to the luxury stay. The company has revealed what it is calling a “global brand evolution,” which entails updating the experiences and services available at its properties around the world. Elevated food and beverage strategies, as well as a new brand service platform and tailored approach to hotel design are, among other shifts, being made to reimagine the guest and employee experience in an appeal to the “traveler of tomorrow.”

Miu Miu moves into first place on Lyst Index

According to the latest edition of the Lyst Index, consumer preferences made quite the shift from July to September this year. Italian fashion house Miu Miu has soared to the quarterly ranking's top spot for the first time ever, jumping up from fourth place in Q2. After months of unique collaborations, in-person events and the launch of the Miu Miu Women’s Tales Committee, the buzz-worthy luxury name has overtaken the likes of Spanish fashion label Loewe and Italian fashion brand Prada, which slotted in second and third, respectively.

Southeast Asia, India emerging as luxury beauty’s golden ticket markets: Kearney

A new report from global managing consulting firm Kearney and omnichannel brand-builder Luxasia reveals which of APAC's key markets are showing outsized potential. The partners' Unlocking hyper-growth in Asia’s luxury beauty landscape whitepaper shows that Southeast Asia and India could reach luxury beauty sales of $7.6 billion by 2026. As this growth is only ramping up, projected to nearly triple over the next 8 years, Kearney argues that local consumer spending on prestige cosmetic products and fragrances could turn these bases into some of the most lucrative in the world, advising brands to allocate advertising dollars accordingly.

Global South climbing centi-millionaire ranks: Henley & Partners

According to new findings, there are 28,420 individuals around the world who hold $100 million or more in investable assets this year. London-based investment migration consultancy Henley & Partners is out with its 2023 Centi-Millionaire Report, which reveals that this studied population is up 12 percent year-over-year. Providing data on the top 50 cities for this wealthy demographic, the firm makes the case that the Global South is rising, estimated to hold the highest growth potential between now and 2033.

Orient Express releases anniversary film

International hotel, river cruise and rail company Orient Express is homaging its past. Marking its 140th anniversary on Oct. 4, 2023, the organization is out with “Beyond a World of Dreams,” a minute-long film that captures the golden age of travel through the lens of the brand. The effort serves to celebrate the luxury hospitality giant's growing ecosystem, from forthcoming train launches to an established collection of luxury hotels, as well as Orient Express Silenseas, the world’s largest sailing ship, deploying in 2026.

Tiffany & Co. promotes opera house takeover in Paris

U.S. jeweler Tiffany & Co. is bringing a diamond-studded creation to life in the City of Light. Images of Tiffany & Co.'s Sixteen Stone ring shot by French photographer Paul Rousteau cropped up in the country last week, draped across the façades of the Opéra Garnier and situated in the same square where the brand opened its first Paris boutique a century ago, in 1910. Continuing a partnership with the artist that started at The Louvre in January 2023, Tiffany & Co. launched the promotional activation on Sept. 29, 2023, in alignment with Paris Fashion Week 2023.

Celebrating 20 years, Ssense to launch limited-edition designer drops

Canadian fashion retailer Ssense is revealing a new project. In honor of its 20th anniversary, the platform is introducing Ssense XX, a lineup of collaborations that tap figures who have made a mark on the brand since its founding. The company will drop 20 limited-edition items that will exist on a new microsite, partnering with designers such as Jil Sander and Thom Browne on the initiative, launching Oct. 11 and running through Nov. 7, 2023.

IHG forges reforestation partnership with Mastercard

Hospitality group InterContinental Hotels Group (IHG) is giving guests the chance to do good with their dollars this month. Through a new partnership with Mastercard’s Priceless Planet Coalition, the company is supporting the work of nonprofit environmental organization Conservation International. During October, Mastercard purchases totaling $50 or more at select IHG properties in the United States will trigger a $2 donation to the nonprofit, in turn covering the cost of growing one tree.

Seán McGirr to succeed outgoing creative director Sarah Burton at Alexander McQueen

After announcing the impending departure of its longtime creative director last month, British fashion house Alexander McQueen has named a successor. Previously head of ready-to-wear at popular U.K. fashion label JW Anderson, Irish designer Seán McGirr is coming in as the company's new creative director. The appointment arrives just days after Alexander McQueen broke news of plans to part ways with former creative director Sarah Burton, who has held the post since 2010.

Debuting by 2026, DFS Group chooses China for first seven-star luxury shopping playground

Luxury travel retailer DFS Group is expanding out east, breaking ground on a “first-of” commerce center for the company. Dubbed “DFS Yalong Bay,” the company is announcing plans to open a standalone shopping, dining and entertainment complex in Hainan, China by 2026 — the seven-star megamall will house more than 1,000 prestige brands. With 16 million visitors expected annually by 2030, the opportunity marks an unprecedented development for the city of Sanya, one of the world's largest duty-free hubs.

Kendall Jenner, Bad Bunny star in latest chapter of Gucci Valigeria

Italian fashion house Gucci is spotlighting a signature travel collection. American supermodel Kendall Jenner and Puerto Rican rapper and singer Benito Antonio Martínez Ocasio, professionally known as Bad Bunny, together appear as the faces of Gucci Valigeria's latest chapter. Featuring direction from Ukrainian cinematographer Mykyta Kuzmenko, a new campaign places the rumored couple in an airport, showing off the travel-friendly nature of the Gucci Savoy luggage line.
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