09/08/2013
According to multiple online reports Sunday, Neiman Marcus Inc., the luxury retailer that filed for an initial public offering in June, is close to an agreement to sell itself to Ares Management LLC and the Canada Pension Plan Investment Board for $6 bill
09/03/2013
Almost one third of China’s richest citizens have admitted they know nothing about wine and just buy top end brands for gifting or displaying, according to a survey by Fortune Character Magazine in China.
08/24/2013
Having invested heavily in recent years to open shops around the world, notably in emerging markets, luxury leaders are now competing to control the supply lines.
08/12/2013
Fashion brand Nicole Farhi collapsed with debts of almost £20m, including more than £500,000 to the taxman, according to the administrator’s report into the retail failure
08/10/2013
A case of 1998 Chateau Lafite-Rothschild sold for 5,800 pounds ($9,000) on Liv-ex in the past week, matching its mid-March level and outperforming the four percent drop in the Liv-ex Fine Wine 50 Index over the period.