Fairmont-managed The Plaza Hotel in New York may be up for sale again under unexpected circumstances.
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Luxury conglomerate Kering reported strong performances with a 4 percent increase in revenue for the first half of 2014.
The downing of Malaysia Airlines Flight MH17 has spurred the European Union to take a harsher approach to Russia’s escalating role in the Ukrainian conflict.
Italian fashion label Fendi is making its first foray into the world of real estate with a condo project in Miami.
Online real estate marketplace Zillow acquired chief competitor Trulia for about $3.5 billion in stock July 28.
Online luxury consignment marketplace The RealReal is reducing the hassle of shipping goods with a partnership with FedEx.
LVMH Moët Hennessy Louis Vuitton recorded a 3 percent increase in organic revenue, but a 4 percent decrease in group share net profit for the first half of 2014.
Getaway 2 Give is looking to tap into the growing “Conscious Capitalist” movement to provide affluent consumers with ways to give back while traveling.
Swiss watchmaker Raymond Weil has tapped classical guitarist and recording artist Miloš Karadaglic to design a special edition maestro timepiece for charity.
German automaker Porsche is improving its research and development capabilities with a new design studio, wind tunnel and electronics integration area at its development center in Weissach, Germany.