French company Kering has committed to a 40% reduction in emissions by 2035.

Kering, a French luxury goods company, has pledged to cut its absolute greenhouse gas emissions by 40 percent by 2035, relative to a base year of 2021. To mark the sixth anniversary of the group's 'Crafting Tomorrow's Luxury' strategy, Kering has announced a new goal spanning scop...

Louis Vuitton is the number one fashion name.

Louis Vuitton was established in 1854 as a manufacturer of luxury luggage. Today, Louis Vuitton is best known for its purses. The LV monogram appears on nearly all of the company's products, including luxury trunks and leather goods, ready-to-wear, shoes, watches, jewellery, accessories, eyew...

As fashion ops and watch sales soar, Hermès has a robust fourth quarter and year.

The luxury brand Hermès recorded a 22.9% increase in Q4 sales on Friday thanks to a strong US economy and stable sales in China despite difficulties with Covid.

Sales for the final three months of the year totaled €2,.99 billion, exceeding experts' predictions. And the c...

Toddlers in the $600 High-Tops Luxury labels are aimed at children, and parents are purchasing.

Taylen Biggs was captivated to the vivid hues of her first runway displays. "I was quite young, so I didn't understand anything," she admitted. Taylen, a preternaturally articulate young woman with a high, tight ponytail and immaculate manners, was four years old at the time. Taylen...

Nadia Kokni has been named senior vice president of worldwide marketing at Hugo Boss of Germany.

Hugo Boss, a luxury fashion brand located in Germany, has hired Nadia Kokni to be its new vice president (VP) of worldwide marketing. Former JD Sports Fashion worldwide group marketing director Kokni will begin work for Hugo Boss on January 1, 2023. She'll be taking over for Miah Sullivan, wh...

MARRIOTT’S LUXURY COLLECTION HOTEL OPENED IN SOUTH KOREA

Highlights:

• Marriot international opened its first hotel under its luxury collection in South Korea.
• Josun Palace, a luxury collection hotel, was built in 1914 as Chosen hotel.
• Marriot International currently operates 120 hotels and resorts...

GENESIS WILL BRING PREMIUM LUXURY CARS TO EUROPE

Highlights:

• The Korean car brand Genesis has confirmed that it will bring a range of Korean premium luxury cars to Europe in summer 2021.
• Genesis will be initially launched in Germany, Switzerland, and the UK.
• Genesis Motor Europe is planni...

LOTTE ON STRIKES GOLD IN ONLINE LUXURY GOODS AND HOME APPLIANCES SALE

• For over half a year, Lotte Shopping's most touted online mall Lotte On was not able to prove its mettle against major e-commerce firms like Coupang and eBay Korea.
• Lotte Shopping started its online business too late in April and it failed to offer any spectacular services ...

CHINESE SHOPPERS THRONG ONLINE AS SHOPPING CARNIVAL UNFOLDS AMIDST PANDEMIC DRIVEN STUPOR

• Chinese customers are looking up to shell out wads and wads of greenbacks on everything from packaged eatables to sophisticated luxury goods during this year’s Singles’ Day online shopping festival, as the country rumbles from the pandemic.
• The shopping festival, wh...

COUPANG UNDER LOCAL WATCHMAKERS IRE FOR EVADING THEIR BILLIONS BY COUNTERFEITING

• The country's top online retailer Coupang has been reprimanded for not properly monitoring the sales of fake luxury products on its platform.
• The Korea Watch & Clock Industry Cooperative (KOWIC) filed a claim against Coupang for disruptions after small- and medium-sized...

LUXURY BRANDS ARE GETTING HOPE FROM CHINA

Highlights:

• Chinese shoppers are giving luxury brands hope of recovery from the coronavirus pandemic.
• The shoppers have started the purchase of high-end handbags, shoes, and jewelry again.
• The retail sales of Tiffany in China have surged by...

MAJOR INSURANCE COMPANIES WITHDRAW COVER FOR COVID-19 CLAIMS

Highlights:

• Recently, LV= shocked the travel industry when it announced its decision to stop selling all travel insurance policies with immediate effect due to the Covid-19 outbreak.
• The travel insurers InsureandGo, Aviva, and the Post Office follow L...

GBTA ANALYSIS FINDS STEEP INCREASE IN TRAVEL WAIVERS, SUSPENSIONS, AND CANCELATIONS

Headlines:

• Corporate suspensions and cancellations, especially for international business travel, have witnessed a sharply due to the Covid-19 outbreak.
• The results were announced after a careful study by the Global Business Travel Association in thei...

KEY ADJUSTMENTS FOR BUSINESS TRAVELERS AND MANAGERS AMID COVID-19 OUTBREAK

Highlights:

• The global spread of the deadly coronavirus, now named Covid-19, has increased the responsibility of travel managers to ensure the health and well-being of all its traveling employees.
• The epidemic will likely spark a detailed review of co...

MULTIPLE AIRLINES EXTEND TRAVEL WAIVERS TO ITALY IN FACE OF INCREASED COVID-19 CASES

Highlights:

• As Italy becomes the worst-hit nation outside of Asia, a number of airlines scale back flights and extend/ issue change waivers.

American Airlines is suspending all its operations to and from Milan, a part of the CO...

IATA REQUESTS MAJOR REGULATORS TO EASE SLOT RULES AMID CORONAVIRUS OUTBREAK

Highlights:

• The IATA (International Air Transport Association) requested major aviation regulators around the world to suspend airport slot requirements as the coronavirus outbreak fuelled the rising flight cancellations.

• The outbreak of the COVI...

AMERICAN AIRLINES, UNITED, DELTA TO REDUCE OR SUSPEND FLIGHT SERVICES THROUGH MAR-APR

Highlights:

• United Airlines will suspend its flight service between Tokyo's Narita International Airport and a few U.S. hubs for several weeks due to the ongoing coronavirus outbreak.
• Other airlines also said they would limit service on other rout...

MARRIOTT INTERNATIONAL REPORTS MIXED RESULTS FOR 2019, HOPES FOR BETTER RESULTS THIS YEAR

Highlights:

• Marriott International reported a growth of 1.1 percent year over year in constant dollars to US $112 as its fourth-quarter 2019 system-wide comparable global revenue per available room.
• Occupancy was reportedly up by 0.8 points to 70.6 pe...

LUXURY FAMILY TRAVEL VACATIONS TREND TOWARDS MORE EXOTIC ACTIVITIES

Highlights:

• David Coggins, in the Robb Report’s February 2020 issue, reported several high-end locations around the world are elevating their offerings to include exciting outdoor options for children of all ages.
• Adult guests with an adventurou...

TRAVELING AMID CORONAVIRUS OUTBREAK? KNOW YOUR RIGHTS AS A TRAVELER

Highlights:

• China, Italy, South Korea, and Iran, among several other countries, have reported significant numbers of confirmed coronavirus cases.

• Governments are doing their best to contain the threat and have imposed several regulations. Yet, th...