Category: Business
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Jaguar Land Rover posts record sales thanks to demand in China and US
UK’s biggest car manufacturer sold 604,009 vehicles in 12 months to end of March, the most in its 95-year history
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2017 is the year of Baijiu Brands
Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. The world’s 50 most valuable spirits brands are included in the Brand Finance Spirits 50 and the top 25 beer brands in the Brand Finance Beers 25. 2017 is the year of Baijiu brands. For the…
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Belmond acquires a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies
Belmond acquires Caribbean Luxury Resort Cap Juluca in Anguilla, a British overseas territory in the Caribbean. Belmond will rebrand the resort as Belmond Cap Juluca. Belmond, the global portfolio of luxury travel experiences including hotels, trains, cruises and safaris in some of the world’s most inspiring and enriching destinations, acquired Cap Juluca in Anguilla, a…
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Jean-Michel Basquiat breaks US art record with £85m sale
Painting by Basquiat, who died aged 27, is most expensive at auction of any US artist, also breaking record for a black artist
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First Park Hyatt hotel in Thailand opened its doors
Park Hyatt Bangkok opened its doors A move announced in 2012, The Park Hyatt brand makes its entry into Bangkok, marking the first Park Hyatt hotel in Thailand. Centrally located in the heart of the Thai capital’s central business district, Park Hyatt Bangkok hotel sits on the top floors of the Central Embassy. As the…
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LVMH enters the highly competitive luxury e-commerce segment. A successful entry could shake up everything
The world’s biggest luxury goods group steps up the digital side of its business. 24 Sevres, LVMH’s multibrand website and mobile app, will go live on June 6 in more than 70 countries. Parisian department store Le Bon Marche is the inspiration behind LVMH’s new venture into luxury e-commerce. The multi-brand e-commerce website named…