Inter Parfums Signs an Exclusive License Agreement for Alfred Dunhill Fragrances Alfred Dunhill looks to develop its global fragrance business by signing a ten-year exclusive worldwide fragrance license with Inter Parfums. The agreement commences on April 3, 2013 and replaces a previous license agreement with Procter & Gamble that terminates on April 3, 2013. … Read more
Ferrari is cutting emissions and working on a new hybrid model. To control the air’s humidity levels, Ferrari have planted trees on the Maranello factory. The buildings have also been built to allow more light in and slash electricity consumption. “We’re working on reducing energy consumption without forgetting that the symbol of Ferrari is performance. We’ve … Read more
The American Society of Furniture Designers (ASFD) board of directors created the Pinnacle Design Achievement Awards in April 1995 to encourage superior design quality and promote the recognition of furniture designers within the retail home furnishings industry. This year’s Pinnacle Award winners were announced at the High Point Market and two premier lighting companies were … Read more
The Digital IQ Index: China While Mainland China’s organic luxury sales growth softened to single digits, Chinese tourist spend abroad increased 58 percent in Q3 2012, suggesting consumer demand remains robust, according to the latest “Digital IQ Index: China” research released by L2 think tank. The Digital IQ Index: China ranks the digital competence of … Read more
Worldwide Diamond Consumption to Surge by More Than 60 Percent by End of Decade Global diamond demand will outpace supply, signaling solid pricing prospects and a strong positive outlook for the industry overall, according to the 2012 Global Diamond Industry Report, released by global business consulting firm Bain & Company. A surge in rough diamond … Read more
Chinese interest for luxury watches is growing. The big players get bigger Chinese consumers are becoming more educated and sophisticated A near 40% increase in searches shows that the interest for luxury watches in China remains strong despite a macroeconomic slowdown, according to the “World Luxury Index China: Watches” study launched by Digital Luxury … Read more