Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Feminine Entrepreneurship For the 40th anniversary of Veuve Clicquot Business Woman Award creation, the Swiss edition of the award was presented to Bea Petri, founder and CEO of Schminkbar. Her company’s successful “makeup bar” concept won over the jury, comprised of prominent figures from the worlds of the business, media and culture. Paying tribute to … Read more
54 Percent of Top Brands Now Using Instagram More than half of the world’s top brands now view Instagram as a major part of their social strategy. Instagram has graduated from a ‘fun new social network’ to an integral component of a brand’s social strategy, according to Simply Measured’s quarterly study of Instagram. The mobile-only … Read more
Celebrity chef Raymond Blanc teams up with Eurostar Celebrity self-taught chef Raymond Blanc, one of Britain’s best-known cooks and a world renowned Michelin starred chef, has been appointed Culinary Director of Eurostar transport provider. Raymond Blanc has developed a menu based on seasonal ingredients from the three countries connected by Eurostar. The new gastronomic partnership … Read more
Nicolas Ghesquiere leaves Balenciaga Nicolas Ghesquiere, the Creative Director of Balenciaga fashion house since 1997, will be parting ways with the brand at the end of the month. PPR, the owners of La Maison Balenciaga since 2001, announced that the fashion designer will leave the artistic helm of the house beginning with 30 November 2012. … Read more
Tiffany & Co. will open a European flagship store in Paris in 2014. The approximately 976-square-metre (approximately 10,000 square feet) multi-level store will be located at 62, Avenue des Champs Elysées. “This is a significant development and sales opportunity for Tiffany & Co. While we have been successful in operating three smaller stores in Paris, … Read more
To start off the new winter season on December 21, LVMH-owned uber-luxurious Cheval Blanc Hotel in Coucheval ski resort introduces 8 new suites decorated by interior designer Sybille de Margerie. The alpine palace situated in resort billed “International billionaires club” extended also 6 of its other suites. Cheval Blanc offers thirty rooms and suites over … Read more