Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Manolo Blahnik, Frida Giannini, Donatella Versace and Jean Paul Gaultier added to the line-up for the International Herald Tribune IHT Luxury Conference

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Manolo Blahnik and Donatella Versace are just two of the latest stellar names to be added to the line-up for the International Herald Tribune (IHT) Luxury Conference in Rome on the 15thand 16th November, 2012, which will open with a keynote address from legendary designer Jean Paul Gaultier. Curated by IHT Fashion Editor, Suzy Menkes, … Read more

Christian Louboutin’s online platoform to fight counterfeiting

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Christian Louboutin is engaged in a long legal battle. The luxury shoes designer has decided to offer customers a way to hunt down counterfeit: an online platform called Stop Fake – Christian Louboutin.  The new online platform will deal not only with the sites offering fake Christian Louboutin products, but the sources thereof, the distribution … Read more

Journées Européennes des Métiers d’Art, France’s Festival of Artisans, went Pan-European

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Journées Européennes des Métiers d’Art, France’s Festival of Artisans, is a 3 days festival that let the visitors go behind the scenes in workshops, learn a unique savoir-fair. A sort of open doors with demonstrations of skill, exhibitions, meetings, a glimpse to a world of creation and knowledge. Some 4,169 craftsmen opened their studios and … Read more

World’s largest mall remains 99% vacant

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Ranking as one of the world’s largest malls, it has all of the space in the world but no customers to fill it. With an area of over 650,320 square meters and a potential for 2,350 shops, the New South China Mall in Dongguan China is the largest mall in the world. Dubbed “The Temple … Read more

BMW Group sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter

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BMW sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter. The BMW Group sold more vehicles in March than in any other month in its history. The company sold a total of 185.728 BMW, MINI and Rolls-Royce vehicles in the past month, not only significantly exceeding … Read more

Billionaires club: The Arab world boasts 36 billionaires with a combined total net worth of $121.3 billion

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According to Forbes Middle East, Arab billionaires rankings, the total wealth of the region’s billionaires rose to $121.3bn from last year’s figure of $117.6bn. Saudi Arabia and Lebanon led the way on the list with eight billionaires each. Topping the ranking was Saudi Arabia’s Prince Alwaleed Bin Talal Al Saud with an estimated fortune of … Read more