Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
My midget, my rabbit, my doe, my poppet, my hen, my quail, ma cocotte… After designing popular chain restaurant Paradis du Fruit, Le Royal Monceau, Café la Cigale and Mori Venice Bar all in Paris, designer Philippe Starck opened the doors of its own restaurant in Paris’ Saint Ouen flea market, one of the biggest … Read more
Jennifer Aniston became co-owner and hair care spokesperson in the Living Proof, a beauty company founded by world-renowned Biotech and Medical Scientists, a venture capital firm which “supports the translation of scientific discoveries into meaningful products”. According to the company, Aniston will actively help build the Living Proof hair care business. The actress’ role will … Read more
Digital IQ Index: Watches & Jewelry 2012 edition For the second year in a row, Tiffany & Co. has earned the top position in L2’s “Digital IQ Index: Watches & Jewelry” ranking, a study which benchmarks the digital competence of 47 prestige Watches & Jewelry brands across four dimensions: site, digital marketing, social media, and … Read more
Interparfums and Burberry announce transition agreement Burberry fragrance and beauty business will be operated by the Burberry luxury house. Interparfums, the curent fragrance and beauty partner, will continue operating the business for Burberry until March 31, 2013, at which time the business will be turned over to Burberry. Inter Parfums announced that with regard to … Read more
How leading global cities stack up against one another? Though New York and London lead cumulative scoring, emerging cities, including Beijing and Shanghai, are narrowing the gap within key economic indicators, according to the fifth edition of Cities of Opportunity released by PwC and the Partnership for New York City. While New York officially edges … Read more
LVMH: 22% Increase in Revenue for the First Nine Months of 2012 LVMH’s Beauty Sales Remain Strong LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the … Read more