07/24/2014
Luxury goods giant LVMH Moët Hennessy Louis Vuitton on Thursday said its first-half profit dropped 4% despite a small sales increase, showing the sector's vulnerability to fluctuations in exchange rates.
07/22/2014
The results of the study will likely inform brands of how to positively change in-store and online experiences to appeal more highly to affluent consumers.
07/22/2014
US billionaire buys Westin Hotel in Dublin for €65m
The billionaire behind UPC-owner Liberty Global, has bought the five-star Westin Hotel in Dublin for €65 million.
07/21/2014
Tiffany & Co. announced today that its long-standing chief executive officer, Michael J. Kowalski, will retire from the company effective March 31, 2015. Mr. Kowalski, who has been a member of the company's Board of Directors since 1995, will con
07/21/2014
The chief executive of Gruppo Coin has previously said that OVS would have a free float of at least 30 percent and would be spun off by the end of the year.
07/20/2014
Ward is keen to defend Harrods not just against the legitimate competition, but also against the conmen of the internet. Like all luxury-brand businesses, Harrods is concerned by the booming online trade in forged prestige items, from handbags to watches.
07/18/2014
Already, Nigerian made luxury brands are making inroads into high end stores in Nigeria and other countries in the region, including Namibia and South Africa, which have the largest luxury market on the continent.
07/18/2014
British luxury car maker Aston Martin has revealed its eagerly-awaited V12 Vantage S Roadster, claim to be the brand’s fastest and most powerful convertible ever.
07/15/2014
These fresh insights form part of a study analysing luxury product purchases that was conducted by market researcher Albatross Global Solutions, in cohorts with Paris-based 1000mercis Group.
07/11/2014
The name Elon Musk sounds like a Bond villain or a perfume.
07/11/2014
She says Kenyan manufactures, and craftsmen only tend to produce products that suit the average person, forgetting the high end market.
07/09/2014
Luxury brands made an effort to appear more inclusive and to streamline the purchasing process in the second quarter of 2014.
07/09/2014
Belmond has signed a management agreement with Cadogan Estates to operate The Cadogan, a 64-key hotel on Sloane Street in the heart of Chelsea, London.
07/09/2014
The results mirror the success of Rolls-Royce
07/08/2014
Beluga caviar, cigars and fine dining are among the luxury goods and services that became more affordable for wealthy Londoners over the last year
07/07/2014
The days of gang wars – Miami Vice style – might be long gone but a battle for the luxury brands has led to a three-way tussle, all competing for the 14 million international and domestic visitors to Miami every year
07/07/2014
Burberry's £22.5m 'golden handcuff' awarded to Christopher Bailey is likely to come under fire from investors
07/04/2014
British luxury watch brand Christopher Ward has stunned the global $23 billion Swiss watch industry by announcing the creation of its own in-house movement - the engine of the watch - Calibre SH21.
07/04/2014
Our advice to brand owners is effective because it is delivered in the context of a deep understanding of technology
07/04/2014
‘Gucci, Prada and Burberry are opening more men-only stores to catch up with this trend’