Mulberry to bring in cheaper handbags for price-conscious British customers
New boss Godfrey Davis said the company had got it wrong by following its luxury goods rivals in continually putting up prices
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
For art and interior design enthusiasts: Lutetia’s collection at auction
Parisian luxury hotel Lutetia to auction furniture collection this May. The historic luxury hotel Lutetia, the Left Bank’s only large hotel and the regular rallying point of artists, designers and intellectuals, closed earlier this month for a three-year renovation, but not before organizing a luxury furniture auction this May. The historic Parisian hotel is giving … Read more
Venetians fight to save historical, ‘haunted’ island from luxury developers
Poveglia, a deserted 7-hectare rock believed to be the burial place of plague victims, to be leased to help pay Italy’s debts
Jo Malone London lands in China
The understated luxury of Jo Malone London perfume house, a luxury British label acquired by The Estée Lauder Companies in 1999, along with the house’s use of high quality and rare ingredients will appeal to the very discerning Chinese consumer, believes Estée Lauder as it launched the Jo Malone London brand in Mainland China, at … Read more
Michael Kors x Luxottica to launch designer eyewear line in 2015
Michael Kors announced Eyewear License with Luxottica. Michael Kors, one of the most powerful American luxury lifestyle brands, and Luxottica, the industry leader in eyewear, have signed a new and exclusive eyewear license agreement for the Michael Kors Collection and MICHAEL Michael Kors eyewear. The first collection produced with Luxottica will launch in January 2015. … Read more
The Lincoln Way to China
Lincoln Motor Company, the luxury automotive brand of Ford Motor Company, is bringing its products and the Lincoln customer experience to Chinese luxury customers. Lincoln is one of the latest automotive brands to enter China. Lincoln vehicles will be sold through an independent network of 60 dealers in 50 cities across China by 2016. The … Read more