Richard Branson’s Virgin Galactic aims to test fly ship in space this year

Richard Branson’s Virgin Galactic, expects to test fly its first spacecraft beyond the Earth’s atmosphere this year, with commercial suborbital passenger service to follow in 2013 or 2014, company officials said to reuters. Virgin Galactic is the most visible of a handful of companies developing spaceships for tourism, research, educational and business purposes. The suborbital … Read more

Baselworld 2012 novelties: Hublot, Harry Winston, Zenith, Pierre Deroche, Hyt, Maurice Lacroix, Muzo

  Each spring, some 1800 companies from the watch, jewellery and precious-stone industries, together with related sectors, showcase their latest developments and innovations in Basel. The world’s most renowned brands display their collections exclusively at BASELWORLD. About 100,000 visitors from the specialist retail and wholesale trade make their way to Basel from all over the … Read more

Moderate growth for the high end segment in 2012 according to top international retailers

During the Opening Ceremony of February edition of Milano Unica International Textile Fair, Executive Director of the Altagamma Foundation, Italy’s luxury goods trade association, Armando Branchini, presented the forecasts on the sales trends of personal high end products as formulated by the top management of the biggest luxury retailers in the world. According to Chairman … Read more

Mr Porter: First year in numbers

Mr Porter about 365 days of style Mr Porter luxury online retailer for men, a Cousin of the Net-a-Porter site for women, Turns 1. As the shopping site celebrates its first birthday, it gatheres some informations about the first 12 months in e-fashion business. The mix of brands sold on Mr. Porter includes high-fashion lines … Read more

China’s spectacular thirst for Bordeaux wines and chateaux

More than 12 Bordeaux chateaux – in various stages of acquisition by Chinese investors In and around French wine region Bordeaux, more than 12 chateaux are in various stages of acquisition by Chinese investors, according to the Bordeaux Chamber of Commerce (CCIB), which operates a China desk to assist would-be investors in the region. Chateau … Read more

Britain wants more Chinese shoppers

Britain should be doing more to encourage Chinese shoppers to visit the country Money is no object for many Chinese shoppers, who have become a common sight in London department stores such as Liberty, Harvey Nichols and Harrods. The average spend of a Chinese customer on a single transaction in London during January to October … Read more