This week in Paris, Adrian Cheng announced the launch of a significant new investment fund to target what Cheng sees as the key consumer market of this century – Millennials and Generation Z in China. Call them BATers.
The Paris Ritz closes Wednesday for a two-year face-lift to bring the city's best known luxury hotel into the 21st century and keep its mega-rich clientele coming back in an ever more competitive market.
Tallulah Willis, the youngest daughter of actors Bruce Willis and Demi Moore, stepped out as the teen star of the Debutantes Ball in Paris Saturday, alongside Andie MacDowell's youngest, Margaret Qualley.
France granted a few top hotels the right to call themselves a "palace" on Thursday, a label which distinguishes them from rivals and is designed to boost the country's profile as a luxury destination.