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
After the successful launch of three new boats in 2012, Chris-Craft, the legendary American boat brand founded in 1874, brings to the 2013 Miami International Boat Show (February 14-18) an entirely new version of luxury, in only twenty feet. The all-new 2013 Carina 20 is built with a vertical bow profile complete with stainless steel … Read more
360° Electric concept: BMW i seals global partnership deal for customer-friendly electric mobility BMW i is turning electric mobility into a serious alternative for drivers around the world. To further increase the technology’s acceptance, the manufacturer of electric cars intends to offer the customers a one-stop shop for tailor-made electric mobility solutions through a partnership … Read more
Bombardier to showcase two class-leading jets at Aero India India represents big potential for business aviation. As the economy grows and the need for global and regional corporate travel increases in the region, the value of a business jet is now well established. Bombardier Aerospace announced that it will showcase two of its class-defining jets … Read more
Banner Year for Hawai‘i’s Tourism Industry Hawai‘i’s tourism industry sets new visitor spending and arrival records in 2012, reports the Hawai‘i Tourism Authority (HTA), the state’s agency for tourism. Visitor spending in 2012 reached $14.3 billion, surpassing the previous record of $12.8 billion set in 2007. Visitor arrivals to the Hawaiian Islands also reached … Read more
Michele Ferrero, Leonardo Del Vecchio and Giorgio Armani top the list of Italian billionaires Top 10 Wealthiest Italians The collective wealth of the top 10 wealthiest Italians stands at US$88 billion, which comprises 40% of the combined net worth of the Italian UHNW population. In particular, fashion moguls constitute half the list and represent … Read more