09/20/2012
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.
09/20/2012
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.
09/18/2012
British luxury brand Mulberry has ditched most of the playfulness in its recent seasons, showcasing a spring collection that’s still quirky but definitely grown-up.
09/13/2012
Brand prestige and popularity are two different matters.
09/13/2012
Because some women need couture to carry leftovers to work, the world’s most expensive paper lunch bag has been unveiled.
09/13/2012
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.
09/12/2012
But some analysts said it was not yet clear whether Burberry's warning was a red flag for the whole sector.
09/11/2012
“They are the strongest growing luxury brand, and they just launched the A3, which is close to being their best-selling car in a peak year.”
09/10/2012
A recent tranche of cars impounded by the Municipality of Abu Dhabi included a mix of foreign and Emirati owners
09/10/2012
"CAs and wealth managers know where the money is. For the luxury firms, we are just another way of bringing out the rich buyer as a slow economy discourages them from heading towards their stores,"
09/10/2012
“We are delighted to receive this prestigious accolade for Ghost,” commented James Crichton, Regional Director Rolls-Royce Motor Cars for Europe and South Africa.
09/09/2012
Responding to the strong level of interest in its cars in Japan, Rolls-Royce Motor Cars has opened up increased retail space in Tokyo and a new presence in Osaka, in addition to an upgraded showroom in Yokohama.
09/09/2012
The fastest growing luxury sector has been watches at 26%, followed by cosmetics and fragrances at 23%, men’s fashion at 10% and women’s fashion at 4%.
09/09/2012
Gucci is currently only present in Brazil (4 mono-brand boutiques, of which only one street level) compared to Louis Vuitton which is present in Chile (1), Brazil (5 stores), Colombia (1), Argentina (1); Salvatore Ferragamo has 8 stores in Brazil, 3 stor
09/06/2012
The company will predominantly focus on resort developments, many of which will be offplan, and destinations will be both established and emerging markets.
09/06/2012
Besides acquiring one of UK’s most prominent actors as a spokesperson, Cooper is further repositioning Belstaf to the luxury fashion world by broadening its offerings.
09/04/2012
Luxury fashion retailer Hermes has taken legal action against rival LVMH, citing the way it bought a stake in it two years ago.
09/03/2012
The acquired company owns Bruichladdich single malt scotch whisky and its assets based on the Isle of Islay, Scotland.
09/03/2012
As with the previous agreement, Harry Winston Diamond Corp. has provided a US$20 million limited guarantee in respect of the new facility, which is available to its luxury brand segment for general corporate purposes.
09/03/2012
The facility will be located at Siam Paragorn, a luxury shopping destination and will offer easy access to Rolls Royce products for customers. It will complement the 2-storey Rolls-Royce showroom already located there.