U.K. hit record-high RevPar last month but gross operating profit dropped on rising cost
Hotels in the U.K. hit record-high revenue per available room last month—but at the same time, gross operating profit (GOPPAR) …
Chanel, Calvin Klein and Equinox Hotels should distance themselves from any association with Naomi Campbell
Naomi Campbell remains one of the most sought-after women in the world, as famous for her beauty, still, as for …
Hong Kong on brink of recession as political protests escalate
Hong Kong is on the verge of its first recession in a decade as increasingly violent anti-government protests scare off …
Investors start to worry about luxury industry’s over-dependence on China
A weaker yuan is likely to force investors to take luxury industry’s over-dependence on China more seriously. The wider Stoxx …
Hilton’s focus on luxury pays off in Q2 results
In addition to an increase in net income and growth in several metrics, HILTON's unit growth is going strong, with …
“Gucci Manifesto” collection makes use of the motif of the “mask”
In yet another brilliant marketing move, Gucci will celebrate its fall-winter fashion show with a special collection that commemorates the …
