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Category: WLCC News & Updates

Aug 20, 2025

Michael Kors Owner Capri Holdings Gains Traction with Surprising Q1 Results

Capri Holdings, the group behind Michael Kors, Jimmy Choo, and Versace, has posted results that signal a rebound in the global luxury market. After a period marked by muted spending and cautious consumer sentiment, the company’s latest earnings surpassed analyst forecasts, driven by improving demand and early wins from its ongoing business transformation.  The results […]

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Aug 18, 2025

Aston Martin Expands into Asia with Striking Omotesandō Residence

Above: Image from Aston Martin Aston Martin’s architectural ambitions have taken a new shape with the completion of N°001 Minami Aoyama, its inaugural private residence in Asia. Situated in Tokyo’s Omotesandō district, this four-storey home extends the brand’s precision-led design language (usually reserved for its cars) into built form. In partnership with VIBROA Inc., the […]

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Aug 15, 2025

Sailing into Serenity: New Wellness Retreats Aboard EXPLORA I & II

Above: Image from Explora Journeys Explora Journeys, part of the MSC Group, is expanding its wellness offering at sea with the introduction of Ocean Wellness Retreats aboard its ships EXPLORA I and EXPLORA II. Designed as one-day immersive programmes available during extended Grand Voyages, these retreats draw from both Eastern and Western wellbeing traditions, offering […]

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Aug 13, 2025

Hermès Beauty Sees First Sales Decline Since Launch

Above: Image from Hermès Long celebrated for the steady success of its fragrance and beauty division since its launch in 2020, Hermès has now recorded its first-ever decline in beauty sales. This unexpected downturn highlights growing challenges for the house in an increasingly competitive market, marking a key moment in the brand’s beauty trajectory. What […]

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Aug 13, 2025

World Luxury Chamber Welcomes Casablanca at Sandy Lane as a Leader in Villa Hospitality

The World Luxury Chamber of Commerce (WLCC) is pleased to welcome Casablanca at Sandy Lane as its newest Essential Member, reinforcing the strength of its global luxury villa network. Joining the WLCC is a prestigious milestone for Casablanca at Sandy Lane, reinforcing its status among the world’s most distinguished luxury properties. This membership elevates Casablanca’s global profile and builds […]

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Aug 11, 2025

Christie’s SoCal Introduces $1B Crypto Real Estate Division with Record Mansion

Above: Image via Christie’s Real Estate Christie’s International Real Estate Southern California is reshaping the future of luxury property sales with the launch of its groundbreaking cryptocurrency division, managing an exclusive portfolio valued at over $1 billion. As the first major brokerage to unite ultra-luxury real estate and digital currency under one dedicated platform, this […]

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Aug 8, 2025

A Historic Sanctuary Turned Culinary Highlight in Prague

Augustine, a Luxury Collection hotel, presents a rare experience by transforming a centuries-old monastery into a sophisticated retreat for travelers who appreciate heritage, design, and gourmet dining. Located in Prague, this property offers guests an immersive stay where history meets modern refinement. The hotel preserves the monastery’s original architectural elements, vaulted ceilings, Romanesque arches, and […]

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Aug 6, 2025

Era Ends for Virgin’s In‑Flight Bar as Premium Seats Expand

Above: Image from Virgin Atlantic  Virgin Atlantic is turning a page in its onboard experience: after four decades, the iconic in‑flight bar is being retired. The airline is reallocating cabin space to add more premium seating, reflecting shifting passenger preferences and renewed financial strength. Virgin Atlantic’s onboard bar has long been a signature of the […]

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Aug 5, 2025

What to Expect from the Next Issue of Luxury People Magazine

The upcoming issue of Luxury People Magazine is a bold step further into the progressive world of high-end living, culture, and leadership. With exclusive interviews, sharp industry insights, and powerful global voices, this edition curates a compelling cross-section of the people and ideas embodying modern luxury. Readers can expect: This issue also celebrates the launch […]

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Aug 5, 2025

Game-Changing Leadership: SDA Bocconi and ESMT Berlin Senior Management Program 2025 

The World Luxury Chamber of Commerce proudly presents the Senior Management Program 2025, a program in partnership with SDA Bocconi School of Management and ESMT Berlin. This program is thoughtfully constructed to provide senior executives with the strategic foresight and fresh approaches necessary to navigate the intricate and unpredictable global business environment of today.  How […]

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Aug 4, 2025

The Pause After the Climb: Luxury Brands Rethink Pricing Tactics

It is said that prestige labels may have grown used to raising prices without much resistance, but that momentum is slowing. The era of automatic markups may be giving way to a more cautious, buyer-sensitive approach. High-end brands are beginning to ease off on price increases after years of upward momentum. Companies such as Chanel […]

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Aug 4, 2025

World Luxury Chamber of Commerce Welcomes AirportAssist.com to Its Prestigious Global Network

The World Luxury Chamber of Commerce (WLCC) is proud to announce the induction of AirportAssist.com, a trailblazer in luxury airport concierge services, into its exclusive global community of luxury leaders. This prestigious membership reflects AirportAssist.com’s exceptional commitment to personalized, high-end travel support that redefines the airport experience for discerning travelers around the world. AirportAssist.com offers VIP, […]

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Aug 1, 2025

Fairmont Tokyo Opens Its Doors, Bringing a New Level of Luxury to Japan

Above: Image from Luxury Lifestyle Magazine Tokyo’s skyline now features a fresh symbol of refined hospitality as Fairmont Hotels and Resorts makes its first appearance in Japan. With the opening of Fairmont Tokyo, the brand invites travelers to experience a distinctive blend of global luxury and Japanese tradition, setting a new standard for high-end stays […]

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Aug 1, 2025

Scroll‑Luxury: TikTok’s Emotional Revolution in European High‑end

A new wave is altering Europe’s high-end market, and it’s not coming from the usual clientele. In 2024, the sector grew to nearly €110 billion, marking a 3% increase despite global economic uncertainty. But this rise isn’t fueled by status-driven spending or legacy buyers. It’s younger consumers, especially Gen Z, who are steering luxury in […]

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Jul 28, 2025

BYD’s Yangwang Luxury Automotive Brand Sets Sights on Global Expansion

Above: Image from byd.com Is the future of ultra-luxury electric motoring coming from China? Auto giant BYD thinks so, as it gears up to take its elite sub-brand Yangwang global, with Europe confirmed, and Australia under active consideration. With designs that rival Ferrari, Porsche, and Bentley, Yangwang is not just redefining Chinese luxury; it’s challenging […]

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Jul 27, 2025

Setting the Standard: How WLCC’s Luxury Travel & Hospitality Committee Drives Global Excellence 

In luxury hospitality, great design and prime locations are just the beginning. True luxury today is defined by the quality, consistency, and intentionality behind every guest interaction, no matter where in the world that experience takes place.  Yet in a fragmented global market, who sets the standard for what luxury should be?  That’s exactly why […]

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Jul 25, 2025

Soulful Escapes: Marriott’s New Era of Mindful Luxury

Above: Image from Marriott International Is holistic and personalized wellness travel becoming the new benchmark for luxury experiences among affluent global travelers? Marriott International’s Luxury Group believes so, as it officially launches the Luxury Wellbeing Series 2025, a curated collection of immersive wellness journeys across Asia-Pacific. Beginning this August, the series unfolds across iconic destinations: […]

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Jul 23, 2025

Arnault’s LVMH Injects $800M into Private Jet Leader Flexjet

Bernard Arnault and LVMH, the world’s largest luxury conglomerate, are making a bold entrance into the private aviation space. Through their private equity firm L Catterton, they have taken a bold step into the ultra-luxury aviation sector with an $800 million investment in Flexjet, marking the largest equity investment ever made in a private jet […]

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Jul 23, 2025

Event Recap: WLCC Virtual Networking Event — A Leadership Lounge

Last Wednesday, visionary leaders from across the luxury landscape — spanning hospitality, real estate, interior design, fashion, and lifestyle — gathered virtually for a standout session inside the WLCC Leadership Lounge.  Representing 12 countries — including the USA, Canada, UK, Switzerland, Italy, Spain, Portugal, Saudi Arabia, UAE, and Barbados — this wasn’t just another Zoom […]

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Jul 21, 2025

Paloma Editions Expands into the U.S. Luxury Furniture Scene

Above: Image from Paloma Editions Luxury design is an experience of intention, detail, and emotional resonance. At its core, it reflects a commitment to craftsmanship, where every curve, texture, and proportion is considered with precision. As the global appetite for curated, artisanal design continues to grow, one Australian brand is capturing international attention with quiet […]

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Jul 18, 2025

New Horizons Ahead for the Cruise Industry

Oceania Allura, a 1,200-guest luxury vessel built at the renowned Fincantieri shipyard in Genoa, marks the second addition to Oceania’s Allura Class, following the acclaimed launch of her sister ship, Oceania Vista, in May 2023. At 246 m long and more than 67,800 gross tons, Allura sets a new benchmark in boutique cruising, boasting the most spacious […]

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Jul 17, 2025

World Luxury Chamber of Commerce Launches World Luxury Day

The World Luxury Chamber of Commerce (WLCC) is proud to announce the establishment of World Luxury Day, a global initiative dedicated to celebrating the artistry, innovation, and cultural importance of the luxury industry. The occasion will be observed annually on October 8, symbolically aligning with the founding date of the WLCC. “World Luxury Day is a natural […]

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Jul 16, 2025

Cityscape Global Returns to Riyadh in November 2025

· Cityscape Global 2025 set to attract institutional investors with access to over $5 trillion in capital · This year Cityscape Global will feature 450+ world-class exhibitors, 500 speakers, 4 conferences, and 2 VIP programmes for institutional investors and international developers · ESTAAD, Saudi Arabia’s first dedicated platform uniting the full international stadiums, sports, and […]

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Jul 16, 2025

Hotel Pop-Ups Go High Fashion for Summer 2025 

Dolce & Gabbana boutique pop-up at the Four Seasons Hotel in San Domenico Palace, Taormina

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