LVMH bought 10 percent stake in China fashion maker Ochirly

LVMH has acquired a 10 per cent stake in China fashion maker Ochirly French luxury giant LVMH has acquired through private equity arm L Capital, a 10 percent stake in mainland fashion maker Ochirly. The deal is worth US$200 million. Ochirly, established in late 1990s, currently operates about 200 retail outlets across the mainland and … Read more

Speaking about luxury with Elena Garcia – eco designer and owner Elena Garcia Eco-Couture

Born in Spain but based in London since 1992, Elena Garcia originally trained as a linguist, specialising in Public Services Interpreting. Her interpreter’s job has led her to work with many local groups and has made her aware of the problems faced by migrant communities and people in penitentiary institutions. Following her passion for design, … Read more

Strong demand despite weakening global economy: Hermes posted record 2011 sales

Luxury brands have continued to enjoy strong sales despite world economic concerns. French luxury group Hermes said to AFP it posted record sales of 2.8 billion euros in 2011, highlighting the resilience of luxury brands in the face of the weakening global economy. French luxury goods giant LVMH said last week it had enjoyed a … Read more

Jason Wu revisits Chinese roots at New York Fashion Week

Jason Wu‘s dramatic show at New York Fashion Week featured a collection inspired partly by his Chinese roots. Jason Wu has been considered a strong up-and-comer since Michelle Obama wore a gown by the then-barely known designer to the presidential inaugural balls in 2008. Then came a Target deal that put a limited collection in … Read more

Tesla shows off Model X: an electric SUV with faster acceleration that a Porsche 911

Tesla shows off Model X: its electric SUV with falcon-wing doors Carmaker to start production of Model X – which it claims has faster acceleration that a Porsche 911 – in late 2013 Tesla Motors has shown off a prototype of its Model X, a battery-powered SUV. Tesla Model X, which features what the company … Read more

Made-to-measure youthfulness for the face from Armani

Made-to-measure youthfulness for the face: Giorgio Armani Designer Lift Foundation Giorgio Armani introduced the next generation of made-to-measure youthfulness for the face – Giorgio Armani Designer Lift Smoothing and Firming Foundation. Just like in couture, the difference is in the details.  The patented MICRO FIL Stretch Matrix acts as a flexible mesh providing comfort and … Read more