Heesen Yachts announced the sale of the second motor yacht whose naval architecture is based on the FAST DISPLACEMENT HULL FORM (FDHF) by Van Oossanen and Associates. YN 16750 is a 50 metre, below 500GT, all-aluminium explorer yacht. With her striking lines and vertical stem, she will be fully custom-built for delivery in 2015. The … Read more
Brioni bought by PPR luxury and retail group In order to strengthen its position in the high-end menswear market, PPR luxury group will acquire Italian men’s fashion brand Brioni. Zegna and Eurazio, the French private-equity firm, had also talks with the Bond suit-maker about a potential offer, but PPR is the winner of this contest. … Read more
The October 2011 issue of Andrew Harper’s exclusive Hideaway Report reveals the results of an annual survey of his readers’ favorite luxury hotels and resorts worldwide. Andrew Harper and his editors travel incognito to write opinionated and unbiased travel reviews for a private membership service, which provides personalized travel planning assistance, bespoke tours and valuable … Read more
French luxury brand Hermes said on Friday it was on track for record sales this year amid “remarkable growth” in Asia and the Americas, as it announced an 18 percent rise in third-quarter sales. “We are going to beat the 2.4 billion euros in sales of 2010,” Hermes boss Patrick Thomas told AFP after the … Read more
Comlux America, the Indianapolis-based completion center of the Comlux Group, has delivered its first VVIP cabin of an Airbus A320 Prestige. The company, created just over two years ago, strategically developed all the capabilities and shops in-house to perfectly outfit this ultra luxurious cabin. The aircraft’s interior was designed by Comlux Creatives who selected the … Read more
Russia to stop using ‘Soviet Champagne’ name Russian sparkling wine producers are to stop using the Shampanskoye name on labels after an historic agreement was reached at the weekend. The name, which was established under Stalin in the 1920s, is still widely used by privately-owned producers today. It is understood that there was strong opposition … Read more