03/16/2016
BMW CEO Pushes Electric Cars, Relies on Luxury Models for Funds
BMW rose as much as 3.34 euros, or 4.2 percent, to 82.90 euros, and traded at 82.53 euros at 10:14 a.m. in Frankfurt.
Luxury
03/11/2016
French luxury brand Longchamp eyes Asia market
Including its franchisee stores, it operates in 80 countries and employs about 3,000 people - half of whom are based in France.
03/11/2016
Inside the Booming Vintage Luxury Fashion Market
There’s one crucial difference between Weisser’s newest boutique and those nearby, such as Louis Vuitton or Valentino: It will sell used clothing.
03/08/2016
Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station
The Battersea Power Station Development Company is mid-way through a massive redevelopment of the Grade I-listed power station south of the River Thames.
03/08/2016
InterContinental Seeks New Asian Luxury Hotel Brands, CEO Says
Hoteliers are expanding in Asia to take advantage of rising tourism in the region.
03/08/2016
Porsche, TAG Heuer Become Latest Sponsors to Cut Ties With Maria Sharapova
Luxury brands follow Nike in distancing themselves from Russian tennis star after failed drug test
03/07/2016
Rolls Royce Black Badge edition unveiled, everyone bow down to the Mafia
The package, currently available for the Ghost and the Wraith, are completely blacked out in appearance and give the vehicles a mafia look.
03/06/2016
Bottoms up! Whisky lovers are draining the world's supply of old single malt Scotch.
The world is running low on old single malt Scotch
03/04/2016
Samsonite to buy rival luxury bag maker Tumi for $1.8bn
The price represents an enterprise value to last year’s adjusted earnings before interest, tax, depreciation and amortisation multiple of 13.6 times, according to the companies.
03/04/2016
Avignon Capital sells Louis Vuitton retail investment in Copenhagen
The super prime retail investment was acquired by Avignon Capital in 2012.
03/03/2016
Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws
Iran’s first foreign-branded hotels in decades arrived in October
03/02/2016
RINA Services expands in Middle East luxury mega yachts
Two luxury yachts recently received the final stamp to join the fleet classified by RINA
03/02/2016
Hermes teacups, Mahjong sets: How to fly like an Asian tycoon
We all believe that the Asian market is going to be huge
02/29/2016
Two pools, 13 bathrooms and 300 for dinner: the modernist fun palaces of Palm Springs
In the 1950s, Hollywood decamped to the desert – bankrolling the world’s most daring modernist architects to create ever more experimental boltholes. Welcome to a world of Martian landing pads, clifftop Bond lairs and Flintstones sofas
02/29/2016
Brighter future seen for China's luxury goods industry
As Chinese spend on high fashion worldwide, local firms go shopping for brands to expand
02/25/2016
New partnership brings contactless payment options to luxury watches
You’ll soon be able to continue spending money on luxury brand watches and wearables long after initial purchase, with MasterCard and WISeKey announcing a partnership to enable contactless payments on the items.
02/24/2016
TAG Heuer Becomes the Official Watch and Timekeeper of Major League Soccer
Even referees will benefit from this partnership.
02/24/2016
When digital’s bubble pops, luxury will return to its old-school ways: report
Whilst acknowledging the importance of the digital environment, luxury consumers will seek out more original and authentic experiences that can’t be seen or bought online.
02/22/2016
When digital’s bubble pops, luxury will return to its old-school ways: report
“Luxury brands can benefit from the findings by learning what the upcoming trends are and how they can adapt their offerings accordingly,” said Julie Wagner
02/21/2016
Luxury goods group eyes up to 350 job cuts in Switzerland
The group is not the only one hit by the slumping market for Swiss watches.