Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
How the total ban on animal testing will impact the cosmetics industry? From March 2013 it is illegal for manufacturers to test any cosmetic ingredient on an animal. Even if the European Commission might grant exemptions, the ramifications are monumental for cosmetic companies and the industry is currently striving to adapt itself to the new … Read more
Bentley EXP 9 F, the Maserati GranTurismo Sport, the Infiniti Emerg-E sports car, the high-priced Lamborghini Aventador, the Mercedes-Benz A Class, the Bugatti Veyron Grand Sport, the BMW M6 Coupe and the BMW X6 M50d and the Ferrari F12 are the stars of 2012 Geneva Motors Show (8-18 March 2012) in luxury category. Bentley unveiled … Read more
Forbes began the pursuit of the world’s billionaires 25 years ago. The first cut yielded 140 names. This year the magazine have counted an all-time high 1,226 billionaires worth a record $4.6 trillion. Carlos Slim tops Forbes billionaires list at $69 billion. There are now billionaires from 58 countries. The U.S. is still home to … Read more
Boeing delivers biggest 747 to secret VIP buyer First of nine 747-8 VIP airplanes will enter service after interior-completion program Boeing, the world’s second-largest plane-maker, celebrated a major achievement in the effort to create a Queen of the Skies for the 21st Century, delivering the first 747-8 Intercontinental VIP airplane to an undisclosed customer, thought … Read more
Bloomberg Billionaires Index Tracks Daily Wealth Bloomberg launched “Bloomberg Billionaires Index,” – a daily global ranking of the richest people with access to each billionaire’s profile. “The index is a dynamic measure of the world’s wealthy based on changes in markets, the economy and Bloomberg reporting. Each net-worth figure is updated every business day at … Read more
Yves Saint Laurent and PPR luxury group announced the appointment of Hedi Slimane as Creative Director of the maison Yves Saint Laurent. Slimane will assume total creative responsibility for the brand image and all its collections. In parallel with this new position, the designer will continue to pursue his career in photography. Hedi Slimane thus … Read more