Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
Bain Projects Global Luxury Goods Market Will Grow Overall by 10% in 2012, Though Major Structural Shifts in Market Emerge Strong Holiday Sales Will Cap Off Strong Performance in 2012 Worldwide luxury goods market revenues will grow by seven percent in the final three months of 2012 versus the same period in 2011, culminating in full … Read more
‘The Mentalist’ star Simon Baker teamed up with Givenchy The upcoming Givenchy fragrance will have the 43-year-old Australian actor Simon Baker as the new face of the campaign. “He has an aristocratic elegance and charisma,” commented Thierry Maman, Givencgy president, “values associated with the brand since Hubert de Givenchy.” Since 2008, Simon Baker has starred in … Read more
Designer Mathilde Castello Branco quits Azzaro The French-Brazilian AZZARO creative director Mathilde Castello Branco left the fashion house, without announcing her next steps or details about a replacement. The designer joined AZZARO label over a year ago, replacing designer Vanessa Seward. The label plans to name a successor “shortly.” “The House of Azzaro and Mathilde … Read more
American actress Katie Holmes has partnered with Bobbi Brown Cosmetics as the brand’s first-ever celebrity face. The first iteration of the partnership will appear in spring 2013. Additionally, Bobbi will be the lead makeup artist at the Spring/Summer 2013 Holmes & Yang Fashion Show, the eponymous line founded by Katie Holmes and celebrity stylist Jeanne Yang. … Read more