Luxury
Coverage from the Luxury desk.
Maisons Pariente Opens Saint Roch Alpine Retreat in Courchevel 1850
Maisons Pariente has opened Saint Roch, its fifth property in France and second in the Alps, positioned directly on the Bellecôte piste in Courchevel 1850. The long-standing resort house returns this winter under a new identity.
Luxury's Identity Crisis: AI Belongs Behind the Scenes, Human Touch on Centre Stage
A luxury executive with 38 years of experience managing operations across 15 countries argues the sector is confusing modernization with mechanization, and that screens, kiosks and algorithms cannot deliver ultra-luxury.
Palladium Opens Seagrass Nursery and Marine Lab at Ibiza Resort
Palladium Hotel Group has opened a marine conservation lab at the Grand Palladium Select Palace Ibiza, adding a seagrass nursery and conservation dives for guests as coastal hospitality widens its focus beyond coral restoration.
LVMH, Burberry Downgraded to Hold as Luxury Stocks Brace for a Tough 2026 Second Half
LVMH and Burberry Group shares extended declines on Wednesday after a broker cut both to hold, citing a soft luxury backdrop and limited upside for the UK brand. A Goldman Sachs basket of luxury stocks is down 13% year-to-date.
Anantara Siam Bangkok Completes US$50 Million Renovation
The landmark Bangkok hotel has finished a US$50 million enhancement, updating the 1983 property while preserving the Thai design elements that have defined it for more than four decades.
China's gold jewellery shops close as buyers favour bars and coins
Gold jewellery retailers are shutting stores across China as high but volatile prices and falling marriage numbers curb demand, with sales down by a third in the first half of the year.
Malin + Goetz’s Tomato Collection Keeps Growing as Home Scent Sales Rise
Source signal: At Malin + Goetz, tomato girl summer is still going strong
Dessert Finds a New Place: On the Skin
As GLP-1 medications curb appetites, fragrance brands are leaning into dessert-inspired scents for fall. A new wave of gourmand perfumes spans ultra-rich confections and fruit-forward compositions.
Mulberry Marks London Fashion Week Return With Christopher Kane Debut
Mulberry will return to London Fashion Week for the first time in years on September 20, where creative director Christopher Kane will debut his first women's collection for the British house. The show marks the next phase of the company's turnaround strategy.
Chloé and Lagardère Debut Bouquiniste Fragrance Pop-Up at Geneva Airport
Coty and Lagardère Travel Retail have launched the Chloé Bouquiniste pop-up at Geneva Airport, marking the concept's first European travel retail appearance and putting the spotlight on Chloé's premium and ultra-premium fragrance lines.
Equinox Resort AMAALA Opens at Triple Bay
Red Sea Global has officially opened Equinox Resort AMAALA at Triple Bay, marking Equinox Hotels' second property worldwide and its first outside the United States.
Delhi Hotel Rates Quadruple Ahead of BRICS Summit as Supply Tightens
Hotel rates in central Delhi are soaring ahead of the BRICS Summit on September 12-13, with some properties charging more than four times their usual rates as room inventory tightens.
Cartier Debuts in New Zealand with Auckland Boutique
Cartier has opened its first New Zealand boutique in a restored 1883 landmark building on Auckland’s Queen Street. The space combines Parisian luxury with local Māori and artistic craftsmanship.
Mondrian Cancun Opens as Brand’s First All-Inclusive Resort
Mondrian Cancun has officially opened between the Caribbean Sea and Nichupté Lagoon, marking the lifestyle brand’s debut in the all-inclusive segment with 400 rooms, multiple pools, and a design-led guest experience.
Armani Beauty Marks Ninth Year as Venice Film Festival Sponsor with Events and Award
Armani Beauty returns to Venice for its ninth year as official beauty sponsor of the Venice Film Festival, hosting ambassadors including Sydney Sweeney and Kendall Jenner. The brand will also revive its Armani Cinema Club and present the Audience Award for the fifth time.
DPT Antwerp scales travel retail to 118 doors as CEO stresses craft consistency
Antwerp-based jewellery house DPT Antwerp has grown its travel retail footprint by 38% year-on-year to 118 points of sale, with co-founder and CEO Edward Verté saying expansion must go hand in hand with craftsmanship and consistency.
Estée Lauder Names Justin Boxford Global President of Luxury Beauty Brands
Source signal: Justin Boxford Named Global President of Lauder’s Luxury Beauty Brands Among Other Appointments
Travel’s Summer 2026 Standouts: Where Judgment Meets Exceptional Service
The latest biannual hospitality roundup honors places and people that show judgment and nerve, from a converted prison to an airport lounge designed for 35 productive minutes.
Victoria Beckham opens first New York boutique in SoHo
Source signal: Victoria Beckham opens new boutique in New York City
Zegna Group’s H1 Revenue Rises to €987.3 Million, but Net Profit Falls
Ermenegildo Zegna Group grew first-half revenue 9 percent to €987.3 million, driven by strong direct-to-consumer sales, although net profit declined during the period.
Cartier Opens New Boutique at Mall at Millenia in Orlando
Source signal: Cartier opens new boutique in Orlando at Mall at Millenia
Brunello Cucinelli Debuts Paris Flagship on Rue Saint-Honoré
Brunello Cucinelli has opened a new flagship on Rue Saint-Honoré, designed as a private residence that blends Italian craftsmanship with Parisian elegance. The 2,800-square-meter space spans seven floors.
Cartwright & Butler unveils premium-focused brand refresh for travel retail
British fine food brand Cartwright & Butler has launched a refreshed visual identity and a sharper focus on premium gifting, snacking and confectionery, building on two years of growth in global travel retail.
Rockbund Art Museum Turns Five Floors Into a Hands-On ‘Youth Palace’
Curator X Zhu-Nowell has transformed Shanghai’s Rockbund Art Museum into a provisional Children’s Palace, with five floors of interactive installations and artist-led programming.
Hermès Posts Steady First-Half Sales Amid China Stabilisation
Hermès reported first-half revenue of €8.2 billion, with growth of 6.1% at constant exchange rates, while noting that China is not showing signs of recovery yet.
Amouage Doubles Down on Extrait Concentration With Decision 42 and Overture 41
Source signal: Amouage Raises Concentration Stakes With Decision 42 and Overture 41
Gleneagles Hotel Unveils Newly Renovated Tower Suite
Gleneagles Hotel has unveiled its reimagined Tower Suite, a two-level residence with the property’s only private rooftop terrace, opening at the end of September.
Breitling and Bulgari Unveil Limited-Edition Novelties at Geneva Watch Days 2026
Geneva Watch Days 2026 features two striking releases: Breitling’s Miles Davis tribute Navitimer and a collaborative Bulgari Octo Finissimo with independent watchmaker Vianney Halter.
Seven Brands Premiere New AW26 Ad Campaigns
Burberry, Giorgio Armani, Sandro, Salvini, DKNY, Furla and Gianni Chiarini Firenze have unveiled their latest autumn/winter 2026 campaigns, with British heritage, minimalist codes and cinematic styling in focus.
Beluga Vodka and Heinemann launch Art Deco pop-up at Hamburg Airport
Beluga Vodka has teamed with travel retailer Heinemann on a summer activation at Hamburg Airport, featuring guided tastings and a branded passport cover gift. The Art Deco-inspired pop-up runs through 31 August.
Four Seasons Maui at Wailea Opens Pantry Maui Café With Madhappy
Four Seasons Resort Maui at Wailea has opened Pantry Maui, a new café created with Los Angeles fashion brand Madhappy, offering island-inspired drinks, grab-and-go fare, and resort-exclusive retail.
Fosun Files Club Med IPO Application in Hong Kong
Club Med Lifestyle Group, a subsidiary of Fosun International, has applied for a Hong Kong listing, seeking capital to boost pricing power as revenue growth stays under 2%.
Dolce & Gabbana Weighs Property Sales to Boost Liquidity
Dolce & Gabbana is seeking to raise cash through extraordinary corporate transactions, including potential property sales, after banks granted a debt waiver as luxury demand remains weak.
Hotel Adlon Kempinski Berlin Could Be Sold for €280 Million
The Hotel Adlon Kempinski Berlin may fetch at least €280 million as its owner, a fund managed by the Jagdfeld Group, moves toward a possible sale. Shareholders are voting on the plan.
Partners Group faces €6bn refinancing crunch across Breitling and other holdings
Swiss private markets firm Partners Group is racing to refinance about €6 billion in debt at three portfolio companies, including watchmaker Breitling, as maturities approach in 2028.
Byredo expands to Sephora U.S. stores and online
Niche fragrance house Byredo will launch at 24 U.S. Sephora locations and on Sephora's website starting September 3, marking a major retail expansion beyond its own boutiques.
Pernod Ricard travel retail sales decline 3% in FY26 on mixed regional performance
Source signal: Mixed bag for Pernod Ricard global travel retail in FY26 as sales ease -3%
Maybourne Group Splits Operations and Real Estate in Qatari Ownership Reset
A new ownership agreement divides the Maybourne hotel group between two Qatari entities, separating operational control from property ownership while keeping the management team intact.
Authentic Brands Group Takes Majority Stake in Drake’s OVO
Source signal: Authentic Brands Group acquires 51% majority stake in rapper Drake’s lifestyle brand OVO
Cottonball Debuts Six-SKU Skin Care Line Blending Rx Strength With Luxury Feel
Cottonball is launching Sept. 1 with six prescription-strength skin care products designed to deliver dermatologist-developed actives in luxury textures.
SingleThread Expands by Translating Culture, Not Replicating Concept
SingleThread is growing through a distinct model for luxury hospitality, debuting SoNoMa in Kyoto and The Selvedge in Healdsburg by transferring service culture rather than cloning the original.
The BoTree London opens triplebond, a science-led wellness members' club
The BoTree London has launched triplebond, a social wellness members' club on Bond Street featuring Marylebone's first rooftop pool and a science-based approach to health.
Kurate International expands Belle & Beau travel retail offer with new jewellery and watches
Kurate International has enlarged Belle & Beau's travel retail assortment with fresh jewellery and watch launches, supported by a brand refresh and a gift-with-purchase extension.
Lanvin Group H1 Revenue Falls 13% as Turnaround Measures Take Hold
Shanghai-headquartered Lanvin Group reported a 13% year-on-year decline in first-half revenue to €101 million, even as the company cited improving momentum and expanded gross margins.
Julien Farel Returns to U.S. Open for 18th Year of Styling Tennis Stars
Source signal: Julien Farel Returns to U.S. Open, Celebrating 18 Years of Styling Tennis Stars
Radisson Blu Cluj completes EUR 12m expansion with new wing, spa and dining venues
The five-star Radisson Blu Cluj in Cluj-Napoca has opened a new wing following a EUR 12 million expansion, adding 20 rooms, a spa, three conference rooms and a rooftop bar. The project also introduces a new restaurant and enlarges the hotel's Japanese eatery, Hikari.
Hong Kong Luxury Home Rents Set to Rise as Expats Return
Hong Kong's luxury residential rents are projected to climb about 5 per cent this year and keep rising into 2027, buoyed by an influx of expatriates, according to property consultancy JLL.
Andaz Gold Coast Set to Open in Late 2026, Marking Brand's Australia Debut
Andaz has announced its first Australian property, Andaz Gold Coast, will open in December 2026. The 202-room hotel in Broadbeach is now accepting reservations.
Designer Beauty’s Men’s Fragrance Battle Intensifies as YSL Leads U.S. Market
Designer beauty brands are stepping up their competition for male fragrance shoppers. New data shows men’s prestige fragrance sales are rising while women’s remain flat, with YSL Beauty currently holding the top spot in the U.S.
Kerry Properties Shifts Focus to Hong Kong Land and Luxury Amid Mainland Slump
Kerry Properties is doubling down on Hong Kong residential land, acquiring three sites in the first half and considering asset sales to fund new investments, even as its mainland business slows.
Park Hyatt to Open in Portugal’s Comporta in 2029
Hyatt Hotels Corporation and Portuguese developer Coporgest have signed agreements to bring the Park Hyatt brand to Comporta, Portugal, with a hotel and residences expected to open in 2029.
Mulberry opens boutique at Shinsegae Duty Free Myeong-dong
British luxury brand Mulberry has launched a new boutique at Shinsegae Duty Free's flagship store in Seoul's Myeong-dong district, featuring signature leathergoods and accessories.
Dolce & Gabbana secures bank waiver as revenues dip 2%, debt rises
Dolce & Gabbana reported a 2% revenue decline to €1.86 billion for the fiscal year ended March 31 and secured a bank waiver after breaching loan covenants.
Wynn Al Marjan Island Unveils Ultra-Private Townhomes
Wynn Al Marjan Island has added Townhomes, a new category of exclusive accommodation inside its Enclave boutique hotel, offering two- to four-bedroom residences with private spas and grand living spaces.
Cartier and CDFG open relocated Shenzhen Bao'an airport boutique
Cartier has opened a relocated boutique at Shenzhen Bao'an International Airport in partnership with China Duty Free Group, reinforcing its presence at the fast-growing Chinese aviation hub.
Copacabana Palace Unveils Renovated Pool Wing with 2026 Debut
The legendary Rio hotel has revealed plans for a comprehensive renovation of its Pool Wing and pool area, set to debut in November 2026 as an all-suite retreat.
China’s Offshore Wealth Tax Push Deepens Luxury Sales Slump
Global luxury brands are facing a sharper downturn in China as the government’s campaign to tax offshore wealth ripples through markets and curbs spending by the country’s richest shoppers.
The Collector Saving the Oversized Perfume Bottle From Obscurity
Sudhir Gupta has spent over three decades amassing more than 3,000 oversized perfume bottle replicas known as factices, now displayed at his New Jersey museum. The once-ubiquitous retail staples have largely vanished in the digital era.
Park Hyatt Riviera Maya Set to Open as Brand's First All-Inclusive Resort in November 2026
Park Hyatt Riviera Maya, the hotel collection's first all-inclusive resort, will welcome guests in November 2026 on the Caribbean coast between Cancún and Puerto Morelos.
Rosewood AMAALA Opens in Saudi Arabia’s Triple Bay Wellness Destination
Rosewood AMAALA has officially opened in Triple Bay on Saudi Arabia’s northwestern Red Sea coast, featuring 110 pool villas, an Asaya wellness center, and eight dining venues across a 40-hectare site where the Tabuk mountains meet the region’s barrier reef.
Hotel Industry Rethinks Growth Metric as Minor International Eyes $1B REIT
A new analysis challenges the hotel industry’s long-held focus on net unit growth, while Minor International outlines plans for a $1 billion hotel real estate investment trust spanning its major brands.
Maybourne Group Names José Silva Chairman
Maybourne has appointed veteran luxury hospitality executive José Silva as chairman to lead its next phase of global growth while preserving the brand's service and guest experience standards.
Thai Perfumer Pañpuri Opens First Mainland China Store in Shanghai
Thai niche fragrance brand Pañpuri has opened its first Mainland China boutique at HKRI Taikoo Hui in Shanghai, as it looks to tap China's fragrance boom with its sensory, skinification-focused oil products.
Frasers Group Raises Hugo Boss Stake to 48% After Extended Bid
Frasers Group has lifted its holding in Hugo Boss to 48 percent after prolonging its €38-per-share cash offer, a bid the German fashion house urged shareholders to dismiss as undervaluing the company.
Coty Beats Revenue Estimates, Names New CFO Amid Gucci License Exit
Coty topped Wall Street sales forecasts in its fiscal fourth quarter and appointed Soraya Benchikh as CFO, even as it navigates the loss of the Gucci Beauty license and reports a wider net loss.
Gen Z Luxury Shoppers Turn to Resale Before Buying New, Says RealReal CEO
Younger consumers are price-checking pre-owned luxury goods to estimate future value before purchasing new items, according to Rati Sahi Levesque, CEO of The RealReal.
LVMH Offloads Zayed International Airport Duty-Free Operations to Falic Group
LVMH has agreed to sell its DFS duty-free business at Abu Dhabi’s Zayed International Airport to Miami-based Falic Group, parent of Duty Free Americas. The deal, expected to close in Q3, expands Falic’s Middle East presence.
Luxury Home Sales in China’s Top Cities Rise 38% as Wealthy Buyers Splurge
Sales of high-end homes priced between 30 million and 50 million yuan climbed 38% in the first half, driven by wealthy buyers from China’s tech boom. Analysts caution the uptick is too small to signal a broader property market recovery.
China’s luxury rebound brings a changed shopper
China’s luxury market is recovering from a spending slump, but the returning consumer has new priorities that brands must adapt to.
CocoCart Expands Premium Dining Portfolio Across Mumbai Airports
CocoCart is boosting its premium F&B offering across Mumbai airports, with Venchi and Neuhaus now open and Bateel, Le Pain Quotidien and Vapiano set to introduce new dining formats in the coming months.
Fairmont Makes Thailand Debut With Bangkok Sukhumvit Opening
Fairmont Hotels & Resorts has opened its first Thai property, Fairmont Bangkok Sukhumvit, with 416 rooms and suites, floral-inspired design, seven dining venues, and a wellness-focused spa.
Dior Opens Immersive Miss Dior Pop-Up at South Coast Plaza
The French luxury house has transformed South Coast Plaza's Jewel Court into an immersive Miss Dior experience, open through Aug. 31. The pop-up features fragrance installations, heritage displays and a new campaign starring Natalie Portman.
Tapestry quarterly sales rise 8.9% as Coach demand offsets Kate Spade weakness
Tapestry Inc reported an 8.9% rise in quarterly sales, boosted by resilient demand for Coach handbags, though weakness at Kate Spade tempered its annual revenue outlook.
The Hari Hotels Join IHG’s Vignette Collection Ahead of Singapore Debut
The Hari London, Hong Kong and Singapore hotels are joining IHG's Vignette Collection later this year, preserving the brand's independent character while leveraging the hotel group's global network and loyalty program.
Tiffany vs. Alffany: The Unlikely Trademark Clash in China
Tiffany & Co. and Chinese brand Alffany are locked in a trademark fight stretching back years, with the latest case reaching the Beijing High People's Court on July 9.
Cliffside Cafés Sprout Across China's Mountain and Cave Landscapes
From mountain caves in Guizhou to a via ferrata cliff in Fujian, China's newest coffee spots are built into dramatic natural settings, drawing tens of thousands of visitors.
Gregor Roy Chowdhury on the Long Revival of Transylvania's Zabola Estate
In a conversation about Zabola Estate, Gregor Roy Chowdhury recounts how the centuries-old Mikes family property in Szekler Transylvania was carefully restored after decades of nationalization under communism.
Qatar Duty Free Donates Top Bid from Toblerone Crystal Bar Auction to Education Above All
Qatar Duty Free has handed over proceeds from its Toblerone Crystal Bar auction at Hamad International Airport to the Education Above All Foundation, with the winning bid the highest among nine participating airports.
Panerai left behind as luxury watch market revives
Source signal: Luxury watch revival brings bulky Panerai timepieces no relief
Rémy Cointreau and Avolta launch immersive Metaxa 12 Stars campaign across Greek airports
Source signal: Rémy Cointreau and Avolta put Metaxa 12 Stars in the spotlight with immersive Greek airport campaign