Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
LVMH well-equipped to continue its growth momentum Despite an uncertain economic environment in Europe, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, says it is well-equipped to continue its growth momentum across all business groups in 2013. LVMH recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011. … Read more
Mazda and Fiat have signed an agreement to produce an Alfa Romeo Roadster at Fiat’s Japanese plant. The two vehicles will be significantly different and reflect the individual brands. Mazda will produce an open-top two-seat sports car for Fiat’s Alfa Romeo brand at the Fiat Hiroshima, Japan plant beginning in 2015. The Mazda Roadster will … Read more
Calling all fashionistas: The opening of Chloé’s flagship store on rue Saint-Honoré Chloé fashion house celebrated the opening of the first Maison Chloé on 253 rue Saint-Honoré in Paris. The new space on Rue Saint-Honoré is the label’s first Maison with a new architectural and client experience concept, with a team of stylists who offer … Read more
Virgin Atlantics Gallery in the Air featuring works by Ben Eine Virgin Atlantic takes fine art to the skies with the first ever commercial art gallery in the air. Virgin is offering Upper Class passengers flying between London and New York the opportunity to view, and purchase, a series of one-of-a-kind paintings by renowned British … Read more
The second Giorgio Armani boutique in Paris opened this January is entirely dedicated to womenswear. The flagship is located on the prestigious avenue Montaigne in the same building where almost four decades earlier Giorgio Armani collaborated with Emmanuel Ungaro as a consultant for his menswear line. The designer returned to where he began his adventure … Read more
Andalusian Horse and Equestrian Art inspired Loewe to create a new bag viewed as a timeless piece. The new ‘Paseo’ Bag upholds Loewe’s commitment to Spain’s aesthetic heritage. The images shot for the Paseo campaign at the Royal Andalusian School of Equestrian Art showcase the bag along with the noble bearing of the horses Pizarro, … Read more