Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
LVMH’s Green Initiative Echoing the “Green Week” European conference held in Brussels this week, LVMH luxury group has announced its own internal Green Week initiative. Speaking on the eve of the opening of 2012 Green Week, The EU Environment Commissioner Janez Potočnik said that he was happy to “see that LVMH encourages good environmental practices … Read more
Barneys digital experience Luxury specialty retailer Barneys New York introduced a new “Favorites” tool on its redesigned website. The “Favorites” allows users to browse, follow, and be inspired by “Lists” that have been created by Fashion Influencers and featured on the Barneys.com homepage. As part of the site’s launch, several fashion influencers have created … Read more
Gold demand in China is expected to rise up to 30 percent this year China – the largest jewellery market for the third consecutive quarter. Global gold demand in Q1 2012 was 1,097.6 tonnes, down 5% from the high demand levels seen in Q1 2011, according to the World Gold Council’s Gold Demand Trends … Read more
Aston Martin To Revive Lagonda SUV For China Market Lagonda SUV Concept is back into production. The reviving is meant primarily for China market, as Aston Martin wants to be on the same trend as its competitors: Bentley Falcon (EXP 9 F concept) and Lamborghini URUS. The British automaker will create a second generation Lagonda … Read more
A day after Facebook’s historic IPO, Facebook co-founder and chief executive Mark Zuckerberg (28) married his longtime Chinese-American girlfriend Priscilla Chan (27) on Saturday. Both Zuckerberg and Chan also updated their relationship status to “married.” Mark Zuckerberg has a huge sense of communication. Marrying a girl of Chinese descent, Mark Zuckerberg will seduce China to … Read more
International tourist arrivals grew by over 4% in 2011 to 980 million, according to the latest UNWTO World Tourism Barometer. With growth expected to continue in 2012, at a somewhat slower rate, international tourist arrivals are on track to reach the milestone one billion mark later this year. International tourist arrivals grew by 4.4% in … Read more