Category: Business
-
Total UK wealth tops £10tn thanks to City and property boom
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
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…
-
London’s Walkie Talkie building sold for record-breaking £1.3bn
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
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
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…
-
Woodinville Whiskey has become part of Moët Hennessy’s wine and spirits portfolio
Moet Hennessy has acquired Washington-based Woodinville Whiskey Co. Artisanal small-batch brown spirits are made at this local distiller with tours & a tasting room. Woodinville Whiskey Company’s Rye and Bourbon Whiskies are matured for at least five years. Having relied primarily on sales of its Micro Barreled Bourbon and Rye, the company was able to…