Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
McQ Alexander McQueen London Flagship Store McQ, the slightly more affordable line of Alexander McQueen luxury British house, has innaugurated the first London store. Covering a surface of 400 sqm on three levels, the new store concept on 14 Dover Street in London was conceived by Sarah Burton at Alexander McQueen and realised together with … Read more
New technologies and novel green ingredients are the focal themes of the European edition of the Sustainable Cosmetics Summit (21-23rd November, 2012) The impact of new technologies on the sustainable development of the cosmetics industry is the focal theme of the 10th edition of the Sustainable Cosmetics Summit that will take place in Paris … Read more
2012 Luxury Online Experience Index (LOEI) survey Wealthy shoppers with minimum annual income of $150,000 rated the online experience at websites of 10 traditional luxury retailers and 16 online-only retailers in the 2012 Luxury Online Experience Index (LOEI) survey by the independent New York-based Luxury Institute. LOEI scores include evaluations of a site’s navigation, … Read more
Global Luxury Goods Industry to Generate Additional US$74 Billion in New Sales by 2017 Despite the global volatile economic outlook, the luxury goods market continues to prove resilient, according to the new luxury market research from Euromonitor International, one of the world’s leading provider for global business intelligence and strategic market analysis. In 2012, the … Read more
Bernard Arnault is and remains resident in France for tax purposes Despite the potential obtention of the French-Belgian double nationality, France’s richest man and CEO of LVMH Bernard Arnault is and remains resident in France for tax purposes, luxury giant LVMH group announced in a press release. Contrary to informations published in the international press, … Read more
Ferrari in first half of 2012: record in revenues and in the numbers of cars delivered Ferrari’s Luca di Montezemolo announced record results for Ferrari in the first six months of 2012. Ferrari registered a record in revenues and in the numbers of cars delivered. Revenues reached 1,208 million euro (+11.9 per cent), while a … Read more