Search results for: “art market”
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Biggest Luxury Group Acquires Italian Jewelry Producer To Significantly Increase Production Capacity
LVMH strengthens its position in jewelry with the acquisition of Pedemonte. LVMH Group announces the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer present in Italy and France. This strategic operation for the Watches & Jewelry Division and its jewelry Maisons will allow the Group to significantly…
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What’s New in Luxury: 11 News From the Industry
Antoine Arnault Becomes CEO of LVMH Holding Company The second-oldest son of billionaire Bernard Arnault is replacing the 71-year-old Sidney Toledano as chief of Christian Dior SE, the investment vehicle through which the Arnault family controls luxury goods conglomerate LVMH. Read here. What Will China’s Looser Covid Restrictions Mean for Fashion? This week, China rolled…
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Luxury Consumers Keep On Dreaming Of Home Overseas. Report
Strength of the U.S. dollar and rising costs of living have U.S. affluent buyers looking abroad for their dream home, according to new Coldwell Banker Global Luxury data. Whether it is the desire for warmer weather, better prices or experiences around the world, wealthy U.S. buyers want to move abroad. According to a recent survey…
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Only 0.5% Of The Total Red Ginseng Production Is Named Pure Extract Heaven
Pure Extract Heaven is the highest premium Korean red ginseng It was said that the best Korean Red Ginseng could only be found in Heaven. And it was said that only the Ginseng Masters could find it. Korean ginseng has been called Asia’s treasure for the past millennium and has been loved for its outstanding…
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New Luxury Properties On Private Islands: The Maldives And Neom
This luxurious 34-hectare resort is Damac Group’s first project in the Maldives. The Indian Ocean resort stretches across three private islands on Bolidhuffaru Reef in South Male Atoll, accessed by an easy 20-minute speedboat ride from Male’s Velana international airport. Dubai-based DAMAC Group signs contract with Mandarin Oriental to manage luxurious resort in The Maldives…
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Recaro Celebrates 60 Years of Seating Focus With Two World Premieres – Sport C and Podium GF
Almost 60 years ago, a new era began when Reutter Carosserie began to focus on the development of innovative car seats under the new name Recaro. Since then, the brand has been synonymous with performance like no other: on the race track, on the road or at home. Recaro is celebrating the prelude to the…