Over the past month, the Italian luxury brand Etro has opened four stores successively in Chengdu Sino-Ocean Taikoo Li, Chengdu SKP, Beijing DT51, and WS Mall Wuhan International Plaza, fully accelerating its expansion in the Chinese market.

“BOLD helps L’Oréal connect to a global ecosystem of startups and gain early access to disruptive technologies and brands to create the beauty that moves the world. Our ambition: beyond investing, we seek to provide smart support to our startups.”

Providence has simultaneously entered into a long-term operating agreement with its portfolio company, OUTFRONT Media Inc (OUTFRONT), one of the largest outdoor media companies in the United States. OUTFRONT will operate the billboards on Providence’s behalf. The specific financial terms of the transaction have not been disclosed.

The export value of the Swiss watch industry in December 2022 reached 2.024 billion Swiss francs (CHF), an increase of 5.8% compared to the same period last year.

Any goods whose value exceeds the threshold will be subject to a 5 percent duty, as well as an administrative fee of AED 65 (approximately USD 17). This will spur local retailers to take significant product and marketing initiatives to enhance value propositions to attract and retain consumers looking for local alternatives.

Morgan Stanley estimates, South Korea’s total spending on personal luxury goods in 2022 grew by 24% to US$16.8 billion, or about US$325 per capita. This is much higher than China’s US$55 and the US’s US$280 per capita spending.

China has officially lifted the pandemic restrictions it had in place on January 8. Cross-border travel and international tourism have been reinstated, greatly boosting the confidence of international luxury markets.

France has the most camping facilities where they account for more than 33% of the total camping facilities in Europe. According to Campings.com, Dutch and German holiday goers accounted for 16% of internet bookings for campsites in France in 2022.

Raffles Sentosa Resort and Spa is an all-villa resort center occupying an area of more than 100,000 square meters in a tropical garden setting, and guests can enjoy a beautiful view of the South China Sea.

This shop also marks the fourth independent store the brand has opened worldwide. The other three branches can be found in New York, Los Angeles, and London.