Champagne producers try to regain fizz as weak pound dents UK sales
As sales slide thanks to Brexit uncertainty and inflation, the French industry is turning to even more exclusive vintages
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
The 5 Strangest Luxury Property Conversions in London
Prime central London is getting younger by the year, and property buyers are demanding more from their potential homes. Not only do they desire the latest technology, one-of-a-kind design, and luxurious features, consumers are looking for individuality and character is their residence. London is home to a wealth of historic buildings, full of character, and … Read more
Kering x Maison Cartier launch eyewear
Kering Eyewear will integrate the Manufacture Cartier Lunettes plant in Sucy-en-Brie, France. Kering Eyewear, part of Kering global Luxury group, and the Maison Cartier, owned by Compagnie Financière Richemont, announced a joint project in the eyewear segment. The partnership will create a platform for the development, manufacturing and worldwide distribution of the Cartier eyewear collection. Founded … Read more
Ex-Agent Provocateur Fabrizio Malverdi is the new CEO of Italy’s Brioni
Brioni has a new CEO. Kering luxury group announced the appointment of Fabrizio Malverdi as the CEO of Brioni, effective 18 April 2017. Fabrizio Malverdi will report to Jean-François Palus, Kering’s Group managing director. Fabrizio Malverdi has held management positions in luxury companies including Dior Homme, Givenchy and John Galliano. From 2016, he was CEO … Read more
Apple is tired of making Coca-Cola and now wants to sell champagne
The company’s philosophy once followed Warhol’s line about Coke. But with a premium iPhone Pro rumoured, this sense of egalitarianism no longer applies
UK millionaires think Brexit will make them even richer, survey finds
Rich ‘now taking a more positive view’ of Britain’s departure from the EU, UBS Wealth Management finds