This year’s list covering the top destinations of global luxury retailers is not only topped by Hong Kong for the second year in a row, but also has placed Singapore, Tokyo, and Beijing in its top ten. The list is the fourth annual survey by real estate consultancy CB Richard Ellis and this year’s list illustrates Asia’s emergence as a formidable destination for the world’s top high-end retailers to set up shop.

Hollywood’s The Redbury Hotel is invading Manhattan. New Yorkers may seem to be an immutable kind, however, they also manifest a sense of class and daring panache that allows their city to attract a range of people from the bourgeoisie to royalty. The Redbury Hotel, a Hollywood staple located on the iconic corner of Hollywood Boulevard and Vine, and also home to the critically-acclaimed restaurant Cleo, is on the definite verge of becoming bi-coastal.

Since the inception of his eponymous brand in 1975, Michael Parmagiani has continued to scale new heights in the world of master watch-making. Parmagiani has manufactured a consistent line of timepieces bearing the utmost elegance and sublime craftsmanship. Watch connoisseurs can revel in the technical expertise these timeless watches provide. Relatively young to the industry, he has proved to be an outstanding addition to fine movements.

Global design brand Yoo has recently announced that it is set to launch two new Russian developments in 2011 in the heart of Moscow. Envisioned by Barkli Construction and Development, a renowned Russian property developer, Barkli Virgin House and Barkli Park will set new standards in the Russian high-end homes market.

A never before seen original drawing by Roy Lichtenstein has been placed on auction at the Post-War and Contemporary Art Evening Sale on May 11th at Christie’s New York. This masterpiece, entitled Kiss V, is estimated to sell between $800,000-1,200,000. Made with graphite and wax crayon on paper, this drawing was found in the previous owner’s locker after buying a lottery ticket for $10. This unique piece of history captures the jaw dropping beauty and cultural melting pot of New York City during its revolutionary transformation in the 1960’s.

From May 12th-15th, The Art Revolution Taipei 2011 will be displaying rare masterpieces at the Taipei World Trade 2nd Exhibition Hall. The exhibition will include Rembrandt’s “Red Print”, Picasso’s print that has only been in private collection, Miro’s original paintings with its print (collection level equal to the Tate Britian), Dali, and Chagall’s artwork.

Global trends are lending an ear to the sizzle emanating from Asia’s booming stock markets. China’s brief economic crisis alone appears to be a heap of hissing ash that will soon blow away leaving clear skies open to take flight in a blazoned fleet of custom G550’s.

Internationally acclaimed design house Dolce and Gabbana will be holding an exhibition called Open House – Piuarch@Dolce&Gabanna: A Building An Exhibition A Book in collaboration with Studio Piuarch, the Milan-based architecture and town planning firm who designed the fashion house’s 53,820 square foot Milan headquarters’ façade. The event will take place at the D&G Headqaurters located at via Broggi 23 in Milan on Thursday, April 14 from 7-10 pm.

Augden’s Spring 2011 line is the newest trend to hit Calypso stores and website. The collection is inspired by the Augden girl jet-setting around the globe to places such as St. Tropez, Buenos Aires, the Hamptons and Venice Beach for a multicultural adventure.