Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
MB&F opens First Chinese store in Beijing MB&F’s “horological machines” are now available in Beijing, in ParkLife Beijing Yintai Centre, in the heart of the city’s business district.ParkLife Beijing Yintai Centre houses luxury brands, exclusive bars and restaurants and a landscaped roof garden. Swiss watch manufacturer MB&F opened its very first MB&F Boutique in Beijing, in … Read more
Marine sourcing to increase in the coming years. Marine Ingredients in Cosmetics: Sustainability implications The popularity of marine ingredients is leading to concerns that large-scale sourcing, or non-sustainable production methods, could disrupt marine ecosystems already under strain. With the cosmetics industry having an insatiable appetite for novel ingredients, Organic Monitor expects marine sourcing to increase … Read more
Harry Winston says not in active talks over luxury brand sale In response to recent media reports, Harry Winston Diamond Corporation, the diamond enterprise with premium assets in the mining and retail segments of the diamond industry, confirmed that it has received various indications of interest regarding a potential purchase of its luxury brand segment, … Read more
PPR luxury group third-quarter 2012 revenue PPR continue to boast strong performances even as growth cools in the luxury and high-end market PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR’s Luxury division posted an 11.9% leap in revenue in the third quarter of the … Read more
Karl Lagerfeld, one of the world’s most influential and iconic designers, announced a new fragrance to be launched in 2014. The internationally renowned haute couture fashion house will launch the new perfume line under Interparfums, the creator of prestige perfumes and cosmetics. The two companies signed a worldwide and exclusive license agreement to create, produce and … Read more
“Important Modern & Vintage Timepieces” auction Antiquorum‘s fall auction of “Important Modern & Vintage Timepieces” puts under hummer unique and collectible timepieces with unparalleled importance for the horological world. Collectors can look forward to bidding on 613 modern and vintage timepieces. The highlight of the sale include the “Magnificent Royal Presentation Musical Fan With Concealed … Read more