Retail-hungry Filipino residents, freed from pandemic restrictions, are splurging on fashion.

Overall, occupancy was down 21% year-over-year, but the World Cup positively impacted the local hotel industry. Average daily rates (ADRs) and revenue per available room (RevPAR) soared by 332% and 243%, respectively.

The next WRC will be held in Barcelona from April 25th to 27th, 2023, with the theme of “Retail Leadership in Extraordinary Times.”

In 2022, Luxe.CO’s Personnel Trends column recorded a total of 24 key changes in the top leadership of luxury companies.

The data unexpectedly marked the largest drop in eight months since March 2022 (-13.8%), mainly due to the pandemic’s impact and the global economy’s slowdown.

Zurich-based holding company DKSH has announced the sale of its 25% stake in Bovet Fleurier SA, a Swiss watchmaking brand, to Mr. Pascal Raffy and his family.

The 1st issue of 2023 “Luxe.co China Investment Weekly” included 3 domestic investment and financing news from December 24, 2022 to January 6, 2023.

As of December 31, 2021, Vivienne Westwoodmanaged to increase revenue to ￡66.2 million from ￡42.1 million in the previous year.

In 2022, Luxe.CO’s Personnel Trends column recorded a total of 29 fashion and luxury brands that had announced changes to their creative directors. Among them, 27 companies have newcomers in place, and 2 companies have left the spot vacant. From this, we have observed 5 important trends.

Investor interest has been heating up in the beauty services sector, and facials appear to be ripe for investment.