Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Porsche reports best-ever sales in 2012 Porsche Cars North America (PCNA) announced it has achieved an all-time record for U.S. sales, with 35,043 cars sold in the U.S. in 2012. This compares to 29,023 cars sold in the U.S. in 2011, an increase of 21 percent. The previous record year for Porsche in the U.S. … Read more
Roberto Cavalli opens flagship and Caffè in India Roberto Cavalli, one of Italy’s best-loved designers, has launched first boutique and Caffè in India with plans to open a second store in Mumbai in mid-2013. The 180 square meter (1,937 square feet) store, India’s first taste of Roberto Cavalli, is housed in Indian capital New … Read more
Renault x Caterham Alpine sports car will be launched by the end of 2015, announced Renault’s officials. According to Renault marketing head Stephen Norman, the new Alpine will be “light and look different, and have a touch of French dash. […] We know who the buyer is: he’s either French or a Francophile. And the … Read more
On 3rd January, LG begins rollout of eagerly anticipated revolutionary OLED TV. Only 4 millimeters (0.16 inches) thin and weighing less than 10 kilograms (22 pounds), LG’s OLED TVs will be sold first in South Korea with deliveries scheduled to begin next month. The retail stores in South Korea will begin accepting orders from consumers for … Read more
Inter Parfums Signs an Exclusive License Agreement for Alfred Dunhill Fragrances Alfred Dunhill looks to develop its global fragrance business by signing a ten-year exclusive worldwide fragrance license with Inter Parfums. The agreement commences on April 3, 2013 and replaces a previous license agreement with Procter & Gamble that terminates on April 3, 2013. … Read more
Denzel Washington Voted Top Money-Making Star of 2012 Quigley Publishing Company’s 81st Annual Poll of Motion Picture Exhibitors voted Denzel Washington as the Top Money-Making Star of 2012. This is Washington’s eighth appearance in the Quigley Poll, and his first win. Exhibitors felt Washington was responsible for more traffic to movie theatres than any other … Read more