Chinese luxury consumer interest dominated by heavyweights

The most-sought after luxury brands in China. Chanel overtakes Louis Vuitton as most sought-after global luxury brand in Digital Luxury Group‘s World Luxury Index China – 2nd edition. Chanel overtook Louis Vuitton thanks to rising interest in various product segments, particularly beauty. Interest for Louis Vuitton on the other hand originated mainly from the fashion … Read more

Top 10 most expensive prime global retail markets

The 10 most expensive cities for retailers Hong Kong continues to rank as the world’s most expensive global retail market, recording prime rents nearly 150 percent higher than New York City and more than 400 percent higher than London and Paris, according to new research from CBRE Group. CBRE’s quarterly survey (Q1 2013), which tracks … Read more

Virgin Galactic breaks speed of sound

Virgin Galactic, the world’s first commercial spaceline owned by Sir Richard Branson’s Virgin Group and Abu Dhabi’s aabar Investments PJS, completed the first rocket-powered flight of its space vehicle, SpaceShipTwo (SS2). The test officially marks Virgin Galactic’s entrance into the final phase of vehicle testing prior to commercial service from Spaceport America in New Mexico. … Read more

The most sought-after luxury brands in Brazil

The most-searched luxury brands in Brazil What are the most sought-after luxury brands in Brazil? 20+ million consumer online searches originating from Brazil shaped the key trends of the Brazilian luxury market identified in the latest World Luxury Index – Brazil released by Digital Luxury Group (DLG). The study covers 300+ luxury brands within six … Read more

10 Heroes in boating and ocean advocacy

Yachtworld Heroes honoring individuals who inspire with their work in ocean advocacy and friendship with the sea YachtWorld, the world’s largest Internet yacht brokerage portal, recognized ten YachtWorld Heroes for their love of oceans and good work so they may inspire others. 2012 YachtWorld Heroes Awards is an international program honoring individuals who inspire with … Read more

Bernard Arnault: “2012 was another remarkable year for LVMH”

LVMH well-equipped to continue its growth momentum Despite an uncertain economic environment in Europe, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, says it is well-equipped to continue its growth momentum across all business groups in 2013. LVMH recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011. … Read more