LVMH: 25% increase in first quarter 2012 revenue

LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros   In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw … Read more

Harrods unveils Harrods Technology

Harrods unveiled ‘Harrods Technology‘, a new 20,000sqft luxury department on the Third Floor of its Knightsbridge store. Openined on Friday 16th March 2012, the space offers a premium selection of consumer technology categories including home computing, audio-visual, photographic and mobile communication. The department will showcase the best of the best global brands including Sony, Apple, Samsung, … Read more

Montblanc recognised for ‘Best Support for Art and Culture’ at Luxury Briefing Awards

At the 16th annual Luxury Briefing awards, held at Whitehall’s Corinthia Hotel, products ranging from hospitality services to luxury goods were recognised across 11 categories. The panel of judges included Luxury Briefing founder James Ogilvy, chief executive of Couture Lab Carmen Busquets, Simon Burstein, Mimma Viglezio, Jamie Jouning of Conde Nast digital and Chris Sanderson, … Read more

European Commission to support the European luxury fashion industry

European Commission to promote luxury goods European luxury sector – “a key driver of sustainable growth” The European Cultural and Creative Industries Alliance (ECCIA) has welcomed a proposal by the European Commission to support the European luxury fashion industry. The European Cultural and Creative Industries Alliance is composed of the five major European luxury goods … Read more