Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
One of the world’s most famous and historic diamonds, the Archduke Joseph, sold at Christie’s Geneva for record $18.8 Million. The Archduke Joseph, an awe-inspiring 76.02 carat D color, Internally Flawless Golconda diamond, was the grand finale of Christie’s sale of Magnificent Jewels, held at the Four Seasons Hotel des Bergues. One of the largest … Read more
The web giant is intent on muscling in on the online fashion business. And many feel that, once the kinks are ironed out, success is inevitable
A bespoke fragrance, 100% customized, is a supreme pleasure that can provide an intriguing experience or a priceless gift in a moment of delight. Made of pure perfume essences and essential oils, bespoke fragrances bring the olfactory art to a higher level, says the creators of hip-nose, the first hip perfumery concept store, newly brought … Read more
The auto industry in North America is experiencing its best annual sales rate since 2008, and this positive growth can clearly be seen in the number of debuts at 2012 Los Angeles Auto Show. Nearly 50 vehicles will debut at LA Auto Show (November 28-29, 2012, when it opens for Press Days and November 30 … Read more
Rolex inaugurated new watch movement production facility in Bienne Swiss luxury watch manufacturer Rolex has unveiled the brand’s new movement production workshops in in Bienne setting a new standard in luxury watch manufacturing. With a single ultra-modern 400,000 m3 site, Rolex building in Bienne is one of Switzerland’s largest industrial construction projects in recent years. The … Read more
Penelope Cruz, the face of Spanish leather goods label Loewe Spanish actress Penelope Cruz, the flagship of the Spanish culture to Hollywood, has signed a deal to represent Spanish leather goods label Loewe, led by creative director Stuart Vevers. Shot by fashion photographers Mert & Marcus, the first visuals of Loewe’s spring-summer 2013 collection feature … Read more