China Now Pernod Ricard’s Second Largest Market Worldwide

Though demand for fine wine, whisky, vodka and even craft beer continues to climb among China’s expanding middle class, cognac remains the preferred tipple for many of the country’s wealthier, typically older and male, drinkers.


Richemont to acquire US luxury apparel business

The transaction is expected to close in October 2012 and will have no material impact on Richemont’s consolidated net assets or operating result for the year ending March 31, 2013.


Coutts launches rooftop vegetable garden at Strand HQ

Coutts is today unveiling its urban kitchen garden, consisting of over 9,000 organic plants including vegetables, fruit, herbs and edible flowers growing on the roof terrace of its headquarters in central London.