Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra … Read more
Shoppers walk past Burberry’s Shanghai store Kevin Lee | Getty Images LONDON — Burberry is aiming to win back shoppers and boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans designed to revive the luxury fashion house’s ailing fortunes. The “Burberry Forward” strategic overhaul, announced Thursday, intends to reconnect … Read more
Forget the headphones, the fuzzy slippers and the espresso machine that cranks out a cold brew. Globally, three out of four Gen Zs and millennials said that rather than a physical gift, they want a fun experience or trip this holiday season, according to an Amex Trendex survey. Gift givers are listening too. Half of … Read more
Don’t tell the Mitchells the luxury market is challenged. The Connecticut-based family that operates the country’s largest collection of high-end specialty stores is making a major statement about its belief in the future of luxury retailing in the U.S. On Wednesday, the Mitchells officially opened the doors to a new Wilkes Bashford store in Palo … Read more
MILAN – Global luxury spending is expected to reach sales of nearly 1.5 trillion euros in 2024, according to the Altagamma-Bain Worldwide Luxury Market Monitor 2024 presented in Milan on Wednesday. Compared with 2023, the decrease is 2 percent, but at constant exchange rates, it represents a decrease of 1 percent and a gain of 1 percent. “Uncertainty is … Read more
LVMH-owned luxury hospitality company Belmond will launch a luxury sleeper train next year that will take travelers through the countryside of England and Wales. The Britannic Explorer will run three itineraries: one to the southwestern county of Cornwall and the other to the opposite end of England through the Lake District of Cumbria in the … Read more
I’ve always considered lobster a luxury food, so imagine my surprise when I discovered it’s now available at your local Iceland store. Not that I’m dismissing Iceland – it’s been a stalwart of the frozen food industry since the 70s, but it’s not the first place that comes to mind for lobster. My sister-in-law quickly … Read more
A cause for optimism? Though luxury brands have been slumping this year, it should be a decent holiday season for the sector, at least based on findings from the latest Saks Luxury Pulse, set to be released Tuesday to the industry. Eighty-two percent of luxury consumers celebrating the holidays plan to spend at least the same on holiday shopping … Read more
Temperatures are cooling in Japan, but interest in visiting shows no signs of abating, as autumn arrivals continue to outpace pre-pandemic levels. The country welcomed 2.93 million foreign visitors in August, followed by another 2.87 million visitors in September — well above the 2.52 million and 2.27 million who arrived during those same months in … Read more
The 2024 World Series may be over, but that won’t stop baseball fans from searching for their next ballpark fix. But forget touring a stadium — this one lets you sleep inside it. Es Con Field Hokkaido is a stadium on the Japanese island of Hokkaido with a grass field, retractable roof and space for 35,000 spectators. But … Read more
