The global ultra wealthy population loses US$480 billion

World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business … Read more

Novel green ingredients on focus at the 2012 Sustainable Cosmetics Summit

New technologies and novel green ingredients are the focal themes of the European edition of the Sustainable Cosmetics Summit (21-23rd November, 2012)   The impact of new technologies on the sustainable development of the cosmetics industry is the focal theme of the 10th edition of the Sustainable Cosmetics Summit that will take place in Paris … Read more

The luxury goods market continues to prove resilient

 Global Luxury Goods Industry to Generate Additional US$74 Billion in New Sales by 2017 Despite the global volatile economic outlook, the luxury goods market continues to prove resilient, according to the new luxury market research from Euromonitor International, one of the world’s leading provider for global business intelligence and strategic market analysis. In 2012, the … Read more

France’s richest man Bernard Arnault still pays taxes in France

Bernard Arnault is and remains resident in France for tax purposes Despite the potential obtention of the French-Belgian double nationality, France’s richest man and CEO of LVMH Bernard Arnault is and remains resident in France for tax purposes, luxury giant LVMH group announced in a press release. Contrary to informations published in the international press, … Read more

Bell & Ross expanded its presence in Colombia

On September 8, Bell & Ross, the French watch company headed by the French and Swiss designer Bruno Belamich and businessman Carlos A. Rosillo, brought together Aeroclub de Colombia, Colombian Air Force (FAC), the Colombian Army, the National Police, and aeronautic enthusiasts for the first Bogota’s airshow. The watch brand celebrated its launch in Colombia … Read more

A shimmering facelift for Samsung Galaxy S II: Limited Crystal Edition

Samsung Galaxy S II Crystal Edition to debut at IFA 2012 Samsung Galaxy S II, last year’s Samsung’s flagship smartphone tailored with the female auditory in mind, has a new shimmering facelift. Dressed in white leather, the white Samsung Galaxy S II Crystal Edition is adorned with 129 Swarovski crystals. The smartphone identical to the … Read more