LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw … Read more
‘Olympics’ of the food world: the winners for Europe Following a two-year winning streak, Rasmus Kofoed (Bocuse d’Or Europe 2010 and Bocuse d’Or 2011) will now be succeeded by Orjan Johannessen. Chef Orjan Johannessen, 26, of Norway was crowned the winner of 2012 Bocuse d’Or Europe, knowm as the ‘Olympics’ of the food world. … Read more
Vivre à la française: Qatar Holding investment in LVMH raised at 1.03% Sovereign wealth fund Qatar Holding made a new investment in French luxury sector. The gas-rich emirate which has a participation in London department store Harrods, aquired a stake of slightly more than 1% in French luxury goods group LVMH Louis Vuitton Moet Hennessy. … 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
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
Salvatore Ferragamo Debuts Fine Jewelry Collection Salvatore Ferragamo presents its first jewellery collection created in partnership with Gianni Bulgari. Futurista, Vara and Gancino gold and diamond lines celebrate Ferragamo’s symbols and icons. The Ferragamo Jewellery Collection is available in a limited number of stores, selected from the most important retail outlets in the Ferragamo network. … Read more