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

What are luxury handbag consumers interested in?

World Handbag Report – industry’s first global analysis of the luxury handbag market China – the 3rd largest volume of luxury handbag searches European handbag brands dominate China    After the World Luxury Index Handbags study release this July, Digital Luxury Group and Luxury Society released The World Handbag Report, the industry’s first global analysis … Read more

LVMH’s sales continued to show strong momentum. 22% increase in revenue for the first 9 months of 2012

LVMH: 22% Increase in Revenue for the First Nine Months of 2012 LVMH’s Beauty Sales Remain Strong  LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the … Read more