Omnicom closed $13B IPG merger, net income jumps 40.8% YoY
Omnicom's acquisition of Interpublic closed in an all-stock deal, creating the world's largest advertising holding company with net income reaching $405.2 million.
Omnicom's acquisition of Interpublic closed in an all-stock deal, creating the world's largest advertising holding company with net income reaching $405.2 million.
Vladislav Doronin's OKO Group and South Korean retail giant Shinsegae formed a $500 million joint venture to develop Aman properties and branded residences across key markets.
Louis Vuitton secured title sponsorship of the Formula 1 Monaco Grand Prix beginning in 2026, rebranding the race as the Formula 1 Louis Vuitton Grand Prix de Monaco.
Aman launched its debut Mexico property in Baja California this summer while opening a mountain resort in Italy's Dolomites, marking expansion into two new geographic territories.
Virtuoso reported luxury travel sales surge with U.S. destinations outperforming broader inbound tourism decline, while the advisor network continues adding premium properties to its portfolio.
Madrid's luxury hospitality landscape shifted with several new and reimagined properties from Four Seasons, Mandarin Oriental, and other luxury operators, positioning the city as Spain's capital of five-star travel.
HomesToLife Ltd announced closing of its acquisition of HTL Marketing Pte Ltd, consolidating its position in the branded residences and luxury short-term rental space.