Revenue for the GM group, specialised in personal and skincare products for the hotel sector, grew by 8% in 2017, driven by the group's international expansion and by market demand.
When the French outpost of Bulgari Hotels and Resorts opens in 2020, it will occupy a place on 30 avenue George V which forms one of the most exclusive and most expensive pieces of real estate in the city.
Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
Converse is taking over a five-floor building in the heart of Shoreditch to open the ‘Converse One Star Hotel’, a two-day immersive pop-up featuring exclusive sneaker launches and rooms curated by music artists.
China's biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big- data firm focused on hotels and retail, as part of a push to deepen its offline presence.
Givenchy and Alexander McQueen are the latest luxury labels moving into Orange County's South Coast Plaza, joining 250 other top brands who are retail tenants in the Costa Mesa mall.
The city of Amsterdam will be launching an online retail platform, fostering local retailers in the transition to the digital retail age. The initiative is set to launch in May 2018.
At the end of 2019, the duty-free retailer owned by LVMH will open its first French store within the La Samaritaine complex in Paris, featuring a "unique" French luxury experience.
Global tourism figures were the best they have been in seven years in 2017, thanks to an economic uptick last year, with Europe in the lead and the United States stalling in visitor numbers.
Three men were charged and detained Saturday over an audacious jewellery heist at the Ritz hotel in Paris this week, while two other suspects were still on the loose, a judicial source said.
