Increased financial confidence among millionaires in Asia is fueling their spending on luxury goods and experiences, according to new insights from Agility Research & Strategy. According to Agility’s 2021 Asian Millionaire report, countries in the region are seeing higher luxury spending as economies continue recovering from the COVID-19 pandemic. Many Asian millionaires are also embracing a more personal view of luxury and are gravitating towards more sustainable brands. “Asian millionaires have weathered the pandemic better than many, yet they are not unaffected” said Amrita Banta, manag ..read more

Purpose-driven companies witness higher market share gains and grow three times faster on average than their competitors, all while achieving higher workforce and customer satisfaction. Much like what a foundation is to a house, a conductor is to an orchestra, and a canvas is to an artist’s masterpiece—a clear purpose is everything to an organization. It is an organization’s soul and identity, providing both a platform to build upon and a mirror to reflect its existence in the world. It articulates why an organization exists, what problems it is here to solve, and who it wants to be to each hu ..read more

The highly anticipated Airelles Château de Versailles, Le Grand Contrôle has opened its doors and two Saint-Tropez properties join the growing collection. One of this year’s most exciting hotel openings, Airelles Château de Versailles, Le Grand Contrôle takes over a 17th-century palace building within the grounds of the iconic Château de Versailles. This grand opening then ties in with the imminent opening of Château de la Messardière under the Airelles flag and recent transformation of Pan Deï Palais into an Airelles property. One of this year’s most exciting hotel openings, Airelles Château ..read more

Relationship building, curiosity and self-advocacy are essential qualities for women looking to excel in luxury sectors where executive leadership is predominantly male. During a panel moderated by Jen Woodring, vice president of customer experience and brand partnerships at Luxury Portfolio International, at the Women in Luxury eConference on June 2, women executives shared their experiences in different industries dominated by men. While more women are climbing the ranks in these fields, challenges remain in the workplace. “If we don’t like the boys’ club and if we don’t like that idea ..read more

Valentino has announced plans to stage its fall/winter 2021 haute couture collection in Venice on July 15, skipping its traditional location in Paris for the third season in a row due to the pandemic. Back in January, Valentino staged this year’s spring/summer collection inside Palazzo Colonna in Rome, in a performance-art-meets-runway format ensemble where the house’s creative director Pierpaolo Piccioli collaborated with Massive Attack founder Robert Del Naja. While last July 2020, Valentino staged a digital live screening of its couture collection inside a massive sound stud ..read more

Hainan was always a famous domestic hotspot that attracted local tourists with its heavenly warm weather and modern resorts. But China’s post pandemic travel restrictions and changes in duty-free shopping quotas only added to Hainan’s appeal. When the Ministry of Finance (MOF) announced that the province would include new products on its duty-free list and raise its tax-free shopping quota from 30,000 yuan to 100,000 yuan per person per year, Hainan has gained even more momentum. These significant changes have boosted luxury sales and accelerated the transformatio ..read more

Louis Vuitton has announced a multi-year partnership with the Automobile Club de Monaco (ACM) and presented a unique Trophy Travel Case for the 78th edition of the Formula 1 Grand Prix de MonacoTM. This bespoke case in the colors of the Principality is a celebration of both exceptional French savoir-faire and passion for a legendary sporting event. True to the art of travel, and united with the values of sport, from now on “Victory travels in Louis Vuitton.” The alliance between the iconic French Maison and the Automobile Club de Monaco, the organizer of Formula 1’s most legendary r ..read more

Every year, collectors and enthusiasts wait with bated breath to see the new Rolex models, and this year’s releases did not disappoint. There is a stunning, new-generation Oyster Perpetual Explorer and Explorer II, several fashion-forward Daytona models with gorgeous dials, and a couple stunning diamond-set watches in the Daydate and Lady Datejust collections for truly luxury watches enthusiasts. New-Generation Rolex Oyster Perpetual Explorer You can wear a piece of history with the new Rolex Explorer. This watch was originally developed to survive Sir Edmund Hillary and Tenzing Norgay’s clim ..read more

Spanish luxury house Loewe has teamed with Sotheby’s auction house to showcase its commitment to craft through the LOEWE Weaves project. The objects presented include artisan-embellished Galician chestnut roasters, bags and accessories for a unique collection that resonates with artisanal craftsmanship. “Craft is one of my main interests: one that I’ve made central to Loewe’s identity,” says Jonathan Anderson, Creative Director of the Spanish luxury house. Each project at Loewe is a way to explore a different aspect of craft. LOEWE Weaves explores the art of weaving, which can be emp ..read more

Chile is the longest country in the world, with its 4,329 km in length, which is equivalent to one tenth of the circumference of the Earth. A large area that allows you to travel between its regions trying different very unique dishes. On the occasion of the ‘Chilean Food Week’, Chile Travel wants the world to meet its most and least known dishes outside its borders. During this week, Chileans have been celebrating ‘Chilean Food Week’ for 10 years, an opportunity to value the country’s culture through its gastronomy. The objective is to show the world the culinary wealth of Chile that, togethe ..read more