The global luxury economy continues to move at full throttle, even as the terrain beneath it shifts. This week’s developments span the full spectrum of high-end business, from Ennismore’s fast-growing hospitality empire to Dolce & Gabbana’s foray into branded real estate in Miami, and Dar Global’s $10 billion bet on Saudi Arabia’s next generation of trophy assets. Meanwhile, Saks Global’s bankruptcy filing underscores the strain on traditional retail, and a legal challenge facing Christie’s brings renewed attention to transparency at the top of the art market. Ennismore’s Global Growth Surge Ennismore has quietly emerged as one of hospitality’s most agile power players, rolling out an ambitious slate of more than 35 hotels and 20 new food-and-beverage concepts for 2026 as its global portfolio surpasses 200 properties. Highlights include the much-anticipated return of Delano Miami Beach, complete with reimagined poolside villas and the revival of its iconic Rose Bar, alongside new..
