Moët Hennessy and Campari Group form of a 50/50 joint venture and intend to build a premium pan-European e-commerce player. Moët Hennessy and Campari Group announced the formation of a 50/50 joint venture (JV) with the purpose of investing in Wines & Spirits e-commerce companies and build a European e-commerce pure player in this growing … Read more
The second largest metropolis in the United States has an ever-increasing influence on the tastes and trends of consumers everywhere. And 2021 L.A. Spirits Awards medals carry commensurate sway with consumers and the spirits trade. The 2021 competition attracted a 65% increase in entries over its inaugural 2020 event, adding 10 prestigious judges to … Read more
Bugatti, the French supercar manufacturer of high-performance automobiles, to form part of a new joint company. Porsche and Rimac Automobili have finalized the plans to establish a new joint venture including Bugatti, named Bugatti Rimac. Porsche, Rimac Automobili, and Bugatti announced a partnership. Bugatti’s current owner Volkswagen brought Bugatti into this new joint … Read more
Not just another sports car. The Other sports car from the British builder of sports and racing cars. The perfect illustration of the ongoing transformation of the Lotus Cars business and brand, the Emira is an all-new mid-engined premium sports car that will be built in a new factory at Hethel, Norfolk, UK. The … Read more
Richemont luxury group acquires renowned Belgian luxury leather goods Maison Delvaux Richemont luxury group, owner of Cartier Watches, Van Cleef & Arpels, Jaeger-LeCoultre, and net-a-porter, among other, acquired 100% of Delvaux, the renowned Belgian luxury leather goods Maison, in a private transaction. Established nearly two centuries ago in 1829, Delvaux is the oldest … Read more
British Luxury Sustainability Report: Walpole’s Tips for Communicating Luxury Brands Sustainability Strategies. Sustainability is increasingly a part of conversations with investors, business customers and consumers. A significant opportunity exists for luxury businesses of all sizes to build brand loyalty by engaging consumers with their sustainability stories. In particular, with consumer trust in … Read more