Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Tom Ford to open first London flagship Tom Ford joins Chanel, Gucci and Louis Vuitton on London’s Sloane Street at The Cadogan Estate‘s new 201-206 Sloane Street development, one of the capital’s most exclusive neighbourhoods. The luxury brand will open the first flagship in London, leasing an 8,000 sq ft store on a 10-year … Read more
Californian wine boycottin the centre of world foie gras production Wine merchants in Gers in southern France, the centre of world foie gras production, reacted to the ban of foie gras in California by a similar way. French merchants boycott Californian wine, as local winemakers are doing their bit to show solidarity to the region’s … Read more
High-end menswear brand Brioni announced the appointment of Brendan Mullane as Creative Director, who assumes full responsibility of the creation and development of the whole Brioni product portfolio. “I’m very glad and honoured to join such a prestigious house as Brioni, whose quintessential Italian timeless elegance has gained worldwide recognition in menswear. I’m looking forward … Read more
Shard celebrates completion of exterior work Europe’s tallest building, the Shard, is being officially unveiled in central London. The 309.6-metre skyscraper is joint-owned by the state of Qatar and the Sellar Property Group and was funded by the Qatar National Bank. The Shard is an iconic, landmark building on the London skyline, designed by … Read more
Valentino fashion house was sold to a sovereign wealth fund for €600 million. The current deal, which will separate the Valentino brand from Hugo Boss, will see the design house sold to one of Permira‘s investors,according to brisbanetimes. The fund has not been identified. In 2011, Valentino had sales of €322.4 million, up 20 per … Read more
