Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Landmark agreement between the luxury group home to some of the world’s most desired luxury brands and Alibaba

by

Kering Luxury Group and Alibaba Group Agree to Cooperate in Protection of Intellectual Property and Joint Enforcement. Kering Luxury Group is taking proactive measures and using advanced technology to help law enforcement bodies and other relevant authorities to address the challenges of intellectual property infringement. The luxury group owner of some of the world’s most … Read more

Total UK wealth tops £10tn thanks to City and property boom

by

Soaring value of homes and financial assets will fuel debate about inequality, as report reveals many Britons are not saving

In a luxury business environment that remains uncertain, LVMH approaches the second half of the year with caution

by

World’s leading luxury products group reports good growth in Europe, Asia and the United States; LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.7 billion in the first half of 2017, an increase of 15%. Organic revenue growth was 12% compared to the same period in 2016. All geographic … Read more

London’s Walkie Talkie building sold for record-breaking £1.3bn

by

Sum paid for City skyscraper by Hong Kong food conglomerate Lee Kum Kee is highest ever for a single UK building

Jimmy Choo auctioned off to US fashion brand Michael Kors for £900m

by

American firm fends off rival bids for fabled British luxury shoes and bag firm

LVMH Institut des Métiers d’Excellence is partnering with leading Italian fashion school

by

The LVMH Institut des Métiers d’Excellence has expanded to Italy. LVMH Institut des Métiers d’Excellence selects Polimoda as official partner in Italy for leather goods professional training. Tuscany region, a major hub of leather goods production worldwide, is offering funds for an innovative partnership between the LVMH Institut des Métiers d’Excellence (IME) and Polimoda, the … Read more