Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
PPR and Yoox to launch Stella McCartney e-store PPR’s Stella McCartney e-store has been added to Yoox portfolio, the global Internet retailing partner for leading fashion & design brands. The joint venture agreement already includes Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga and Sergio Rossi. The Stella McCartney online store will be launched globally … Read more
After winning over Beijing and Shanghai, Boucheron house, also known as “the jeweller of light in the City of Lights”, attempts to seduce a new Asian clientele. The luxury brand opened a Hong Kong concept store located on Hong Kong’s Pedder Street. The new 850 square feet showroom was inspired by the luminosity theme, so … Read more
Aston Martin relaunches itself in Dubai with a new state of the art showroom in Downtown Dubai, near the Burj Khalifa tower, a sign of UAE’s luxury market importance. The luxury showroom is situated opposite Dubai Mall and the Burj Khalifa, the brand expecting UAE sales to pick up further in 2013. “We already have … Read more
PPR luxury group selling its American plus-size clothing business PPR announces that Redcats has entered into a definitive agreement to sell OneStopPlus Group, its plus-size business in the United States, to Charlesbank Capital Partners and Webster Capital for an enterprise value of USD 525 million. OneStopPlus Group consists of the OneStopPlus.com, Woman Within, Roaman’s, … Read more
Rolex signs global partnership with Formula 1 From the 2013 season, Luxury Swiss watch brand Rolex is the official Formula 1 timekeeper and the official timepiece to the sport. According to Rolex, the new partnership is “due to develop over the coming seasons”. The Swiss company will place its logo around the Formula 1 circuits … Read more
L’Oreal Paris Announces New Consulting Makeup Artist Billy B. Renowned celebrity makeup artist Billy Brasfield (known best around the globe as “Billy B.”) was welcomed to L’Oreal Paris’ impressive roster of experts. “I love my job. I feel lucky to have discovered my talent and consider it a privilege to share what I’ve learned. Working … Read more