Annual Investment Meeting announces new identity as AIM Congress, gears up for 13th edition in Abu Dhabi in May 2024 Abu Dhabi, United Arab Emirates, 12 September 2023: Under its new identity as “AIM Congress,” the Organizing Committee of the World’s Leading Investment Platform will once again gather together regional and international leaders, thinkers, and […]
Category: Business
AIM Congress, Abu Dhabi 2024%3$s>
Toasting to Success: Luxury Lifestyle Awards Extends its Recognition to Premium Alcohol Labels%3$s>
By EuropeanLife
Luxury Lifestyle Awards(LLA), the esteemed international organization dedicated to recognizing and promoting distinction in the luxury industry, is proud to announce its commitment to further elevate the acknowledgement and celebration of Premium Wine & Spirits Brands. With a renewed focus on the alcohol category, Luxury Lifestyle Awards’ newest TOP 100 category aims to select and […]
Emperio Yachting Alliance Best Luxury Yacht Charter and Management Company%3$s>
By EuropeanLife
Emperio Yachting Alliance Celebrates Second Consecutive Win as Best Luxury Yacht Charter and Management Company Emperio Yachting Alliance, a leading name in the luxury yachting industry, has been announced a winner at the prestigious Luxury Lifestyle Awards in the category of Best Luxury Yacht Charter and Management Company in Greece for the second year in […]
Nick Cabrera, new Head of Ecosystems and Partnerships for UK at Finnovating%3$s>
By EuropeanLife
The Fintech company Finnovating, first global AI-based deal-matching platform that enables corporates and investors to connect, close deals and collaborate with over 100,000 startups and scaleups, has announced the appointment of Nick Cabrera as Head of Ecosystems and Partnerships for the UK / new Country Manager for the UK. The company continues to focus on […]
Investing in Costa Cálida and Costa Blanca%3$s>
By EuropeanLife
Why You Should Consider Investing in Costa Cálida and Costa Blanca? When it comes to investing in real estate, the Costa Calida and Costa Blanca offer an unparalleled combination of stunning locations and breathtaking scenic beauty. From the moment you set foot in these regions, you are captivated by the enchanting natural landscapes that surround […]
Verge Motorcycles opens store in Monaco%3$s>
By EuropeanLife
Verge Motorcycles opens first flagship store in Monaco with a royal welcome Verge Motorcycles opened its first store ever, in the centre of Monaco, in connection with the legendary Monaco GP. The company plans to open more stores in Europe’s largest cities during 2023. The world conquest of electric superbike manufacturer Verge Motorcycles continued when the company […]
Casting the Sales with Meros Yachtsharing%3$s>
By EuropeanLife
Luxury yacht ownership has taken on a new face through a Luxury Lifestyle Awards winning yacht sharing company based in Mallorca, Spain. Meros Yachtsharing provides its clients with a bespoke yacht ownership model, which has revolutionized the way yacht investing is perceived and practiced. Offering a range of multi-award winning Sunseeker luxury vessels, this modern asset co-ownership provider is paired with The London […]
Swarovski CEO Alexis Nasard and Its Future In China%3$s>
By EuropeanLife
Jing Daily: Swarovski CEO Alexis Nasard On Luxury Branding, Cultural Relevance And Its Future In China Chinese consumers’ perceptions of Swarovski center on sparkling crystal creations, charming and elegant jewelry and watches. However, the crystal powerhouse is envisioning dynamic possibilities beyond these elements – its new LUXignite strategy reveals the company’s ambitions. Encompassing a new […]
Experience the Future of Private Jet Travel with ONEFlight International%3$s>
By EuropeanLife
ONEflight International is a global private aviation company that has made a name for itself in the luxury private jet travel industry, by providing personalized and seamless luxury private jet travel services. Recently awarded Best Luxury Private Jet Charter Broker in the USA, 2023 from Luxury Lifestyle Awards, it’s clear ONEflight’s efforts to redefine luxury […]
Sustainable tourism announced by UNWTO%3$s>
By EuropeanLife
Press Release The United Nations World Tourism Organization (UNWTO) announced its commitment to sustainable tourism at Annual Investment Meeting The forum also saw a high-level panel session on ‘Investing in People – Investing in Planet – Investing in Prosperity’ Abu Dhabi, UAE, 10 May 2023: The United Nations World Tourism Organization (UNWTO) has announced their […]
Tesla dumped a big chunk of its bitcoin holdings. Should you?%3$s>
By EuropeanLife
New York (CNN Business)Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be partly to blame. The price of one bitcoin fell 3% Thursday to about $23,000 after Tesla (TSLA) disclosed in its latest earnings report Wednesday that it sold about 75% of its bitcoin holdings during the second quarter to […]
Volkswagen’s CEO is stepping down in a surprise move%3$s>
By EuropeanLife
New York (CNN Business)Volkswagen’s CEO is leaving his post in a surprise move, effective September 1. The company announced Friday that Herbert Diess is leaving the top job at Volkswagen (VLKAF) AG, the world’s second largest automaker. Volkswagen did not provide a reason for the exit of Diess, who will be replaced by Oliver Blume, the head of […]
Style Guide: How to dress for the office after years of remote working%3$s>
By EuropeanLife
If the thought of retiring your comfortable sweats and choosing a new outfit to leave the house in each morning is an intimidating prospect, you’re in good company. For the better part of the pandemic, I’ve lived in a pair of stretchy, soft wool trousers in the cooler months, switching allegiance in summer to a […]
The world of jewellery%3$s>
By EuropeanLife
A few weeks ago we saw the end of the very successful fourth edition of Florence Jewellery Week, an event entirely dedicated to the world of jewellery, which this year has had a special endorsement by the actress Serra Yilmaz, a great fan and collector of contemporary jewellery, who, with her own personalized interpretations, wore […]
What Can Private Banks Learn From Luxury Brands on Social Media?%3$s>
By EuropeanLife
When it comes to social media, there are few industries that harness the power of its platforms better than luxury brands. But rarely do names from banking, insurance and health ever come up. So how can these industries better use this channel to connect with their customers? When it comes to brands and social media, […]
Alexander McQueen appoints Gianfilippo Testa as new CEO%3$s>
By EuropeanLife
British luxury house Alexander McQueen has appointed Italian national Gianfilippo Testa as its new chief executive officer, effective May, 2022. Testa will report to François-Henri Pinault, CEO of Kering, the owner of the McQueen brand. The luxury veteran will succeed Emmanual Gintzburger, who is leaving the group to pursue opportunities outside of Kering, according to […]
Tod’s narrows full-year net loss on strong sales%3$s>
By EuropeanLife
Luxury Italian group Tod’s managed to significantly narrow its net loss in fiscal 2021 as sales neared pre-pandemic levels. The company made consolidated sales of 883.8 million euros in 2021, up 38.7 percent from a year earlier and just 3.5 percent below 2019 levels. Sales improved as the year progressed, with growth in the fourth […]
Hermès, a victim of its own success?%3$s>
By EuropeanLife
Hermès reported an outstanding 2021 financial year with growth of 41.8% reaching €8.9 billion, an exceptional operating margin of 39.3% and a net profit of €2.4 billion, up 76.5% (+60% over two years). As executive chairman of the luxury group, Axel Dumas, summarized, “after 185 years of history, we are having the company’s best year […]
François-Henri Pinault highlights key elements in Kering’s financial performance%3$s>
By EuropeanLife
In 2021 all Kering-owned brands saw their sales surpass those of 2019. This comes as excellent news for François-Henri Pinault (CEO of the French group that owns Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and Boucheron) who expressed his satisfaction during the presentation of the annual results and during an in-person press conference at […]
The IBTM World industry trends%3$s>
By EuropeanLife
IBTM World Barcelona, the first face-to-face event in the IBTM portfolio in two years, has been hailed a huge success by organisers. With over 30.000 pre-scheduled one-to-one business meetings having taken place, and more than 7000 attendees joining for quality one-to-one business meetings, networking and education in the city of Barcelona. Over 1200 exhibiting companies […]
Circularity and the metaverse: 2022’s State of Fashion report is here%3$s>
By Admin
As it comes to the year’s end, businesses have started to detect the subtle light at the end of the covid tunnel. The pandemic has forced the fashion industry to adapt to a ‘new normal’ and the development in technology has contributed a significant impact to the direction fashion is progressing. Looking ahead to the […]
Top 100 luxury companies generated $252 billion in 2020%3$s>
By Admin
2020 was a difficult year for a broad range of sectors and the luxury industry was no exception. Indeed, Deloitte’s recently published Global Powers of Luxury Goods 2021 report reveals that the revenue generated by the world’s top 100 luxury companies fell from $281 billion in 2019 to $252 billion last year. More than 80% […]
Tesla is quickly becoming the most popular luxury car in the US%3$s>
By Admin
So far in 2021, more people in the US are buying Teslas than Mercedes-Benzes. If you weren’t convinced yet that there’s something to this whole electric-car thing, there’s another data point for you. Elon Musk’s automaker racked up 230,855 vehicle registrations in the US through September of this year, almost 20,000 more than Mercedes-Benz’s 213,708, […]
Shanghai to lead China’s duty-free economy, boosting local luxury consumption%3$s>
By Admin
With the fate of luxury brands increasingly reliant on Chinese shoppers, news that one of its biggest cities is adopting a duty-free shopping economy as part of government plans to foster domestic spending, is good news. With global economies in turmoil and disarray, China is leading the tax free movement with the city of Shanghai […]
Branding insights with Jacob Munch%3$s>
By EuropeanLife
Branding is such an important part of business, so we are excited to bring in Jacob Munch, founder of brand development and design agency MS Nordic, to drill down into the details of it. Based in Barcelona and Copenhagen, MS Nordic’s clients have included well-known brands such as Audi, European Union, WHO and Olympus. Munch has more than 20 years’ of experience in communication, branding, design and IT-related […]
Chanel creates Chair of Savoir-Faire at IFM%3$s>
By Admin
Chanel has created a Chair of Savoir-Faire at the Institut Français de la Mode (IFM), part of a five-year commitment to the leading Paris fashion college. The Chanel Chair is the latest example of the luxury brand’s support for IFM, the rapidly developing campus on the Seine. Underlining the importance of craftsmanship in this new academic […]
The Best Luxury Strategies for China in 2022%3$s>
By admin
As the fourth quarter of 2021 begins, most companies are busy preparing their strategies, budgets, and tactical plans for 2022 and beyond. Last year around this time, most companies were expecting the pandemic to end, hoping for a swift recovery. As we all know, the outcome has been quite different, and brands that were waiting […]