Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Louis Vuitton celebrates two decades in China with two grandiose projects: a journey of the Louis Vuitton Express from Paris to Shanghai and the opening of 16th Maison worldwide in Shanghai’s Plaza 66. Photographer, blogger and fashion celebrity Todd Selby have teamed up with the luxury house for a video following the path of the … Read more
In an economy that’s barely expanding, France presages larger tax increases and spending cuts next year. France’s Socialist government unveiled 7.2 billion euros ($9 billion) of tax increases to meet deficit-reduction goals and avoid bond-market punishment, according to bloomberg. The largest new levy will be a one-time surcharge on wealthy individuals’ assets to raise 2.3 billion … Read more
As global jewellery market is set to grow faster than other luxury industries, Louis Vuitton is expanding its jewelry segment with a dedicated store on Paris’ Place Vendome, the Heart and Soul of High Jewellery. The new Paris store will sell both mid-range items, from as little as 650 euros ($820), to diamond and sapphire-encrusted … Read more
Airbus to establish first assembly line in United States In a major strategic announcement, Airbus said it will establish a manufacturing facility in the United States to assemble and deliver A320 Family aircraft. Located at the Brookley Aeroplex in Mobile, Alabama, it will be the company’s first U.S.-based production facility. The facility in Alabama will … Read more
Intersolar North America, the premier solar industry exhibition and conference in North America for solar professionals to exchange information and develop business opportunities in the U.S. solar market, returns July 9-12, 2012, marking its fifth year in San Francisco. This year’s conference program offers attendees a fresh perspective on the companies and technologies that promise … Read more
The letters of one of the most inspirational man in history are to be auctioned in London. Wanting to acquire Mahatma Gandhi memorabilia offered for auction at Sotheby’s London on July 10, the Indian government is now pitted against relatives of the Father of the Nation who have expressed reservations. “Public funds should not be … Read more