Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
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
The building that holds Tiffany & Co’s flagship Paris store is up for sale with a price tag of more than £25 million. As well as housing Tiffany & Co, the building on 6 Rue de la Paix is also home to Kornmesser, an Austrian luxury jewellery and porcelain retailer. Both jewellery retailers have recently … Read more
Greece launches tender for land on Corfu island Greece tries to raise 19 billion euros by 2015 through privatizations and concession sales. The Hellenic Republic Asset Development Fund, Greece’s privatization fund, has launched a tender for the exploitation of a large seaside plot on the western resort island of Corfu. The fund is seeking to … Read more
Inter-galactic business ventures. Clean-tech gate to near-space with a Space Balloon Low-carbon space travel is almost real. It is calm, it is quiet, it is private and it is bloon. zero2infinity from Spain is providing the dream of seeing the Earth from near-space and raising awareness of our place in the cosmos. bloon’s experience consists … Read more
Ducati Eyed by Hero MotoCorp as Indian Motorbike Maker Looks for Takeovers Ducati, maker of luxury bikes ridden by celebrities such as Brad Pitt, is among assets being examined by India’s biggest motorcycle maker Hero MotoCorp as the company looks for acquisitions to expand overseas. Ducati would add luxury products to a company that is … Read more