Blackstone, Brookfield among bidders for Anbang’s U.S. luxury hotels portfolio – FT

Private equity firms such as Blackstone
, Brookfield Asset Management, Mirae Asset
Management, and SoftBank-owned Fortress have put in bids of up
to $ 5.8 billion for Anbang Insurance’s portfolio of
U.S. luxury hotels business, the Financial Times
reported on Tuesday, citing people familiar with the sales

Reuters: Company News


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LVMH Is No. 1 on Deloitte’s Top 100 Luxury Companies List

Following behind stellar sales growth in the first-quarter of this year, LVMH has once again claimed the number one spot on Deloitte’s annual list of the world’s largest luxury companies, entitled “Global Powers of Luxury Goods 2019.” The report, which factors in data from the 2017 fiscal year, details that despite an overarching economic slowdown in key global regions — including China, the eurozone and the U.S. — the luxury sector has experienced growth as brands continue to “keep an eye on the new consumer classes of the future.”

According to the figures, the top 100 luxury goods companies accrued $ 247 billion USD in 2017, increasing $ 30 billion USD from the previous year’s $ 217 billion USD. The growth represents a hefty 10.8 percent lift, significantly outpacing the prior year’s gain of just one percent. Within the top ten alone, 48.2 percent of the total luxury sales were produced, marking a one percent increase over the previous year.

American cosmetics company Estée Lauder came in second, while Swiss jewelry label Richemont landed third. Gucci and Balenciaga parent Kering moved up one position to fourth place, knocking Italian eyewear brand Luxottica to fifth. See the top 10 companies below and view the full report on Deloitte’s website.

For more fashion news, catch up on LVMH’s plan to launch a new line with Rihanna.

Top 100 Luxury Goods Companies by Sales:
1. LVMH (France)
2. Estée Lauder (USA)
3. Compagnie Financière Richemont SA (Switzerland)
4. Kering SA (France)
5. Luxottica Group (Italy)
6. Chanel Limited (UK)
7. L’Oréal Luxe (France)
8. The Swatch Group (Switzerland)
9. Chow Tai Fook Jewellery Group (Hong Kong)
10. PVH Corp (USA)

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Long-delayed NJ mall featuring helicopter transport from NYC seeking luxury tenants

American Dream — the long-delayed mega-mall that’s slated to open this fall off the New Jersey Turnpike — will have an indoor ski slope and water park, a giant Ferris wheel and even a fleet of helicopters to fly in shoppers from Manhattan. One thing it could still use: more high-end fashion boutiques from labels…
Business | New York Post


Akira Beauty is a new site that always sells luxury beauty at 10% to 40% off

Akira Beauty is a new site that always sells luxury beauty at 10% to 40% off

Akira Beauty is a new site that always sells luxury beauty at 10% to 40% off

Let’s face it—we all love a good luxury beauty brand. From SK-II to Clé de Peau, a beautiful, prestige product is hard to resist. And our skin thanks us for it. Our wallet, however, certainly does not. Now, with the introduction of the new shopping website, Akira Beauty, you can have the best of both worlds.

The website, which just launched this week, sells global prestige products at an average of 10 to 40 percent less than retail pricing—all the time. Featuring hair care, skin care, body, cosmetics, and personal care products, Akira (which means “bright,” “intelligent,” and “youthful” in Japanese) might just change the way you shop online.

Akira Beauty
Akira Beauty

So how does the site charge so much less than, say, a department store, for the exact same luxury products? It’s simple—by eliminating costly things like advertising, samples, and gift-wrapping. This makes it possible for Akira to sell you, the consumer, products for less than ever.

All the products featured on Akira Beauty are hand-picked by a team of expert buyers, meaning that what you see is a totally curated batch of products across all categories.

Now go forth and shop! Your wallet will thank you.

The post Akira Beauty is a new site that always sells luxury beauty at 10% to 40% off appeared first on HelloGiggles.



Celebs can make a quick buck flipping their luxury pads

Dear John: My question to you, when I read the real estate section of The Post, is: Why would very rich business people and celebrities buy a $ 17 million coop apartment in Tribeca or elsewhere, then sell it six months later — never having lived there? R.T. Dear R.T.: In most cases I think it’s…
Business | New York Post


Must Read: LVMH to Develop Luxury Hotel in London, Influencer Marketing as Explained by a 19th Century Economist

These are the stories making headlines in fashion on Friday. LVMH to develop luxury hotel and flagship in London When LVMH acquired the luxury hospitality group Belmont at the end of 2018, it was a sign that the conglomerate wanted to expand into high-end experiences. This week, the company …

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Pyer Moss And Other Luxury Black-Owned Labels Disrupting the World of Fashion

Several high-end fashion brands from Gucci to Prada to Burberry are under fire for selling racially-insensitive products that resemble blackface. Critics say this points to the need for more diversity in the fashion industry and larger support of black-owned fashion designers and the #buyblack movement at large. Investing and supporting brands made by people of color is one way to ensure that designs are culturally appropriate and may help to eliminate racism and racist imagery in fashion.

Here are four black-owned fashion labels disrupting the fashion industry and using their products to make an impact.

Pyer Moss

Kerby Jean-Raymond, the founder of the menswear label Pyer Moss, is one of the most talked about designers in fashion. He’s dressed Hollywood darlings like Tracee Ellis Ross and Issa Rae and won the prestigious CFDA/Vogue Fashion Fund Award in 2018, along with a $ 400,000 prize. However, his fashion career almost came to a halt in 2015 after he debuted the Pyer Moss spring/summer 2016 collection at New York Fashion Week. His provocative runway presentation incorporated real footage of police violence against African Americans, including the final minutes before Eric Garner was choked to death by police and a black person being run down by a police car.

“We were the first to bring Black Lives Matter to the runway,” Jean-Raymond told BLACK ENTERPRISE. “That was probably one of the most viral moments in fashion history.” At the time, “the plight of [being] black wasn’t being discussed, but the black body was being used to continue to promote luxury items. So, for us, it was a way to wake them up.”

Although many applauded the New York-born designer for taking a stance against police brutality, the controversial showcase nearly destroyed his company. “It cost me a lot. By doing that, I lost a lot of business,” he said. He lost partnerships and investors and wasn’t able to fully recover until 2017 when he was offered a deal to work with Rebook. Despite feeling like a “martyr,” today Jean-Raymond says he’s thankful that his brand helped pave the way for conscious fashion. “We’re grateful to be one of the leaders of that change.”

Last year, Jean-Raymond teamed up with Hennessy to create a capsule apparel line that honors the legacy of pro cyclist Marshall “Major” Taylor, one of the first African American international sports champions. The unsung athlete set multiple world racing records in the 1890s while overcoming racial bias. “He’s one of those world champion athletes like Jack Johnson who’s largely been omitted from the history book,” said Jean-Raymond.


Life On Autopilot

Christopher Tuning and Talib Graves-Mann launched Life On Autopilot (LOA) in 2016 after becoming frustrated with the lack of stylish solutions to protect their baseball caps while traveling. As a solution, they created a luxury luggage brand company that combines style with innovation and is designed specifically for trendsetters and tastemakers.

Their first product, the SkyCap, is a luxury cap carrier with an internal storage compartment. The premium leather carrier holds six baseball caps, while the interior is lined in suede and includes a zipper compartment, an underbelly zip pocket, and a custom snap hook. Tuning says the design was influenced by hip-hop, sports, and black culture.

In addition, LOA offers luggage items and travel accessories, like their First Class Backpack, which comes with a shoe compartment, two front zip pockets, and multiple interior pockets.

“I started off with very few resources and capital, says Tuning, who also serves as the brand’s CEO, in a statement. “I’ve found beauty in the struggle driven by a force of passion and perseverance that comes from knowing my ancestors didn’t have the opportunities I have today.”

According to Graves-Mann, shoppers frustrated with the lack of diversity in fashion should support companies like LOA, which are inspired and intended for the culture.

“It is important for our community to seek out and invest in luggage designers that reflect our community,” he told BE in an email. “Our products are of equal—if not higher quality—than many of the luxury brands in the marketplace. Each of our products are hand-made and also culture-made.”

Stevie Boi

Stevie Boi

Stevie Boi Premieres “M3TAL” Collection During NYFW FW19 (Courtesy of Access by NKC)

Stevie Boi has been disrupting the fashion world with his unique eyewear collections since he was thrust into the industry at the age of 19. His ornate eyewear, SBShades, have been flaunted by Lady Gaga, Beyoncé, Kanye West, Nicki Minaj, and Rihanna. Like his sunglasses, Boi, himself, is known for his fierce and bold style as well as his androgynous looks. Meanwhile, in addition to being edgy and daring, his runway shows are known for being a platform that promotes diversity and being inclusive. “If you look at the people who’ve walked for me in all of my shows from the get-go, [they’re] all different sizes, colors, ethnicities, etc.,” he told BE minutes before his fall/winter 2019 collection made its debut at New York Fashion Week. “I include everybody.” Some of the models included transgender model Shauna Brooks, Love and Hip Hop: New York’s Bianca Bonnie, and TV personality Jose Ayala.

Despite his 10-year success in fashion, Boi says that SBshades grew in demand and in popularity years before it actually became lucrative. “The challenges started off when I was younger,” he admits. “I didn’t know what I was doing. I had a lot of people utilize my products and wear them on billboards and album covers…but I didn’t know how to turn it into income. So I went a good five years without making any income. I had a government job to support my business and that’s how I was able to stay afloat.”


McKenzie Liautaud Jewelry

Mckenzie Liautaud

Jewelry from Mckenzie Liautaud’s Voodoo collection (photo credit: Jayson Keeling)

New York native McKenzie Liautaud is a former model-turned-jewelry designer who creates timeless pieces with a purpose. Inspired by his Haitian roots and love of healing crystals, Liautaud’s upcoming Spring 2019 Collection, Voodoo, is dispelling the myths and stereotypes around the religion, which is largely practiced in Caribbean islands and parts of Africa. Liautaud believes in the magic of Voodoo and the power of precious gemstones such as rock crystals, pyrite, rose quartz, labradorite, and jade to attract love, luck, and prosperity.

His signature collections utilize delicate 14 karat cable chains, lustrous natural freshwater pearls mixed with assorted gems, and his signature star symbol. McKenzie Liautaud Jewelry has been flaunted by celebrities like Eva Longoria, Rosario Dawson, Shakira, and Will.I.AM. In addition to sending positive vibes, 10% of sales benefit New Story, a nonprofit charity dedicated to building sustainable homes for disaster victims around the world. He aims to raise $ 39,000 to help build six homes in Haiti. “I do this in honor of my parents who emigrated from Port-au-Prince to New York and raised six children in a happy, healthy, and safe home,” he said in a statement.

The post Pyer Moss And Other Luxury Black-Owned Labels Disrupting the World of Fashion appeared first on Black Enterprise.

Lifestyle | Black Enterprise


Here’s what a luxury NYC real estate agent thinks about Amazon HQ2

Ryan Serhant, real estate agent and managing director at NestSeekers International, started his career in Long Island City. He is well known as one of the real estate agents on Bravo's "Million Dollar Listings New York." Watch what he has to say about the Amazon HQ2 situation and how his clients are being affected.
Real Estate


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Luxury App The List Partners BitBay Pay To Accept Cryptocurrency Payments

Dubai-based luxury fashion mobile platform THE LIST is partnering crypto payment processor BitBay Pay to facilitate payment using cryptocurrencies such as Bitcoin. This will also help customers to conveniently shop without having to enter any card information for online payments. Customers of THE LIST App can shop for luxury products and pay directly with Bitcoins only initially.
RTT – Top Story


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Tax changes driving luxury NYC homeowners to Miami, says broker

CNBC's Robert Frank talks with Citadel's Ken Griffin’s brokers, Tal Alexander and Oren Alexander, about a Miami estate that sold for $ 50 million. It is the most expensive single-family home ever sold in the Miami area, according to people familiar with the deal.

Real Estate


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No softening in Hong Kong’s luxury real estate: Hang Lung Properties

Ronnie Chan of Hang Lung Properties says consumers of luxury goods in Greater China appear to be marching on despite U.S.-China trade concerns, and his company is benefiting from the trend.
Real Estate


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Fashion to Fintech, OnApproval Makes Luxury Shopping Less Cryptic

From fashion to fintech, American fashion designer Alvin Valley partners with HauteLook cofounder Carlota Espinosa and Oracle-acquired founder Damion Hankejh to integrate OnApproval — the “first luxury payment service system” with Uphold in early January.
Having launched in 2015, Uphold serves more than 184 countries to deliver 30-plus currency types including traditional forms and cryptocurrency. Since its launch, it has powered more than $ 4 billion in U.S. transactions while offering “frictionless foreign exchange for merchants and members around the world.”
The partnership anticipates the formal launch of OnApproval, and it allows its members to “pull goods before paying — providing an in-store shopping experience at home” — by partnering as the alpha merchant with Uphold, the “Internet bank of money,” to onboard 1 million OnApproval members.
According to Hankejh, e-commerce is “ripe for remodeling.” In a separate interview with WWD, Espinosa offered that OnApproval “drives loyalty by reducing payment friction and eliminating the “shopping cart” paradigm, triggering in-store behavior in the home wrapped in personalized customer experience.”
Sometimes noted as the “king of pants” for his extensive design reign in the product category, Valley is in good company with his fellow cofounders of OnApproval. Espinosa is cofounder and vice president of the Nordstrom-acquired HauteLook and Hankejh is a chief

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Woman claims luxury clothing store fired her for being Muslim

A New Jersey woman charges a luxe Manhattan men’s store forced her to use her “sexuality” to sell clothes, and then fired her because she’s Muslim, according to a federal lawsuit. Aiza Ejaz, 27, was hired in August 2017 to be operations manager for Arisoho on 471 West Broadway, which specializes in $ 800 cashmere turtlenecks,…
News | New York Post


Apple warning shakes European shares as iPhone suppliers, luxury stocks tumble

Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply.

Reuters: Arts


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Zegna Joins Tmall Luxury Pavilion

Ermenegildo Zegna is expanding its reach in China.
The luxury Italian men’s wear brand has opened a digital “flagship” on Tmall Luxury Pavilion in a move that marks Zegna’s first online offering in the market outside of its own e-commerce site.
Zegna was one of the first luxury-goods brands to enter China with the opening of its first store in Beijing in 1991. The country now represents about half of its overall business. At the WWD CEO Summit in October, chief executive officer Ermenegildo Zegna, said: “We used to test new things in this market [the U.S.], but now we test them in China, and if it works, then we bring them around the world. [The Chinese customer] is so alive and he wants continuous innovation — probably because he’s younger and he has more time to shop.”
As part of its launch on Tmall, Zegna has created an exclusive collection with the Chinese Football Association. The limited-edition CFA Capsule Collection, which was developed for the China market, offers navy and white activewear, polo shirts, jackets, trainers and leather accessories inspired by the national soccer team’s off-field formal and casual attire, which Zegna has designed since 2016. A fuller assortment will be available by

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Payless trolls shoe snobs with fake luxury ‘Palessi’ store

How much would you pay for a pair of Payless shoes? If you attended the beleaguered retailer’s recent Santa Monica event, the number is $ 600, according to Adweek. The discount shoe chain occupied a former Armani store, called it “Palessi” and stocked it with heels, boots and sneakers onto which they slapped inflated price tags…
Fashion News, Photos, and Video | New York Post


Payless Pranks VIPs, Sells Discount Shoes At Luxury Prices

(AP Photo)


LOS ANGELES (AP) — Payless taught fashion influencers a lesson about shoes by opening a fake store that sold Main Street shoes at Madison Avenue prices.

Payless ShoeSource held a launch party in Los Angeles for the bogus label Palessi and invited the fashionistas to sample the merchandise. Payless posted a video of what happened on Facebook.

The VIP shoppers paid as much as $ 645 for shoes that sell from $ 19.99 to $ 39.99 at Payless. The store rang up $ 3,000 before Payless came clean with the reveal.

One shopper exclaimed, “Shut up! Are you serious?”

The pranked shoppers got their money back and were allowed to keep the shoes.

Their reactions will be featured in a series of commercials.

[ione_media_gallery id=”634484″ overlay=”true”]


Life & Style – Black America Web


The new Range Rover Evoque proves that luxury can be sustainable

Jaguar Land Rover’s new Range Rover Evoque is combining style with sustainbility


Buying a car can be exhausting, but sometimes a new development comes along which makes us excited about the future of the automotive industry. With sustainability at its heart, Jaguar Land Rover’s newest offering, the Range Rover Evoque, is one of them.

Let’s start at the beginning. Over the last ten years, Jaguar Land Rover has reduced its CO2 levels by 38%, as well as buying zero carbon electricity for all UK operations. As a result of this, their UK manufacturing and production development sites have been certified Carbon Neutral (which includes the manufacture and development of the Range Rover Evoque). No mean feat in the motor industry.

So far, so guilt-free. But how does the car run? Thanks to the new mild-hybrid design, which Dave Skipper, the Land Rover Hybrid System Integration Manager, calls ‘the first step on the path to [electrification]’, the engine will shut off while braking at low speeds to minimise emissions and reduce fuel consumption.


Chief Designer Amy Frascella

As for the interiors, the new Evoque does not disappoint. Chief Designer of Colour and Materials Amy Frascella confirms, ‘We placed a great deal of focus on the creation of refined, sumptuous interior and exterior colour and material details.’

We also have to give props to Danish textile experts Kvadrat, whom Amy worked with to add a twist of environmentally conscious Scandi-cool. The Danish textile experts have banished the idea of scratchy fabrics, and instead opted for their new high-quality material, made of wool blended with Dinamica suedecloth… which happens to be made from 53 recycled plastic bottles per vehicle.

The Kvadrat interior

And, if you’re a KeepCup addict, or if the mere thought of plastic bottles brings you out in a rash, the Evoque has got you covered. The Evoque’s interiors are also available in an Eucalyptus textile option, which uses significantly less water when grown than traditional materials.

With a plug-in hybrid model promised for 2019, this is just the start for the Evoque’s pledge for sustainability.

Sign us up.

The post The new Range Rover Evoque proves that luxury can be sustainable appeared first on Marie Claire.

Marie Claire


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New York Times cancels luxury tours of Iran

The New York Times said Friday it is ending a series of journalist-guided luxury trips to Iran for its readers as global political tensions continue to escalate. “We’re suspending the Iran tours because of difficulties related to the issuance of visas for our experts,” said a NYT spokeswoman. She declined to comment on whether it…
Media | New York Post


Luxury car owners trade up for American pickups as Ford, GM and Dodge trucks dominate market

While trucks have traditionally been the sort of vehicles you'd expect to see on a farm or at a work site, demand has been surging among regular buyers who are opting out of sedans and coupes and replacing their family vehicles with pickups and SUVs.



180 the Store, a luxury lifestyle boutique, is looking for a Full Time Luxury Sales Associate to join our team. The position will work directly with our team to develop strong customer relations, organize the in-store events, offer product knowledge, and provide personalized client service. The …

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How to make your home feel like a luxury hotel


The experience of staying in hotel rooms is something that most travelers do not forget. There is something about the way hotel rooms are perfectly arranged which makes the experience incredibly comfortable. The beds in hotel rooms are often fluffier than any bed in usual homes, and the pillows are something you can really sink into. Every experience associated with staying in a hotel such as bathing, sleeping, relaxing in the living or drawing room, or just using the various utilities such as closets and switches, is customized in hotels to provide the perfect experience.

Travelers who stay at luxurious hotels often experience a shock when they get back to their homes. Re-adjusting to the disorganized and cluttered nature of your own home after staying in the perfected settings of a hotel can be quite disconcerting. Fortunately, there are ways to transform the living experience of your own home into that of a hotel. Mentioned below are some of the ways in which you can make your home feel like a luxury hotel.

Ensure a perfect bedroom

The most important aspect of ensuring a hotel-like environment is making sure that you have a top-notch bedroom. The size of the bed should be a king or queen sized base along with a plush mattress. Ditch the usual blankets for a duvet, and it’s always nice to have extra pillows. It is important to have good quality pillows that are neither too soft nor too hard.

Emulate the spa experience in your bathroom- This is all about customizing your bathroom in the best possible way with all the essential oils, lotions, and other kinds of cosmetics and bathing accessories. Your toiletries should be sorted well, preferably in under-sink cabinets. A decently sized bathtub is a must if you want your home to feel like a hotel. You can also choose to have a collection of scented candles that can help you set up the right atmosphere for relaxation.

It’s all about the vibe

Luxury is also a state of mind, so you have to make sure that the general vibe of the house feels to you like you are on vacation. If you are into something extra, Lighting some candles and putting soothing music might also do the trick for you.

Pay attention to the entrance of your homes

One of the first things that you notice when you enter a hotel is its glamorous lobby. It is usually decorated with flowers, orchids or paintings. It also often has a wide arrangement of showpieces and furniture. The same principle applies to your home. You should focus on decorating the entrance to your home along with placing exhibits of your choice at appropriate locations.

So we hope that we gave you some insights on how to make your home feel like a luxury hotel. Through careful planning and attention to detail, it is not difficult to establish the same environment of perfect living that is found at most luxury hotels in your home.


The post How to make your home feel like a luxury hotel appeared first on Worldation.