LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13.7 billion in the first half 2013, an increase of 6%. Organic revenue growth was 8% compared to the same period in 2012, which itself saw strong growth. The luxury conglomerate continued to experience good momentum in the US and Asia, … Read more
The most-sought after luxury brands in China. Chanel overtakes Louis Vuitton as most sought-after global luxury brand in Digital Luxury Group‘s World Luxury Index China – 2nd edition. Chanel overtook Louis Vuitton thanks to rising interest in various product segments, particularly beauty. Interest for Louis Vuitton on the other hand originated mainly from the fashion … Read more
In an attempt to find growth, the companies are, again, turning to multichannel, believing that when channels coordinate, the whole is greater than the sum of its parts. Although e-commerce continues to register double-digital growth year-over-year, online sales have not matched the hype and vision evangelized over the last 15 years. In the same vein, … Read more
Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more
Mille Miglia has always been known for its unmatched elegance, individuality and prestige. Amongst its unparalleled attributes lies the fact that it is the rarest “traveling museum” in automotive history. Every year, in Brescia, the most priceless treasures come together: the very automobiles that have written the pages of international motor sporting history. The 31st … Read more
The copper naturally removes any unwanted sulphur-based compounds from vodka, creating an unique character and clean, crisp taste. This feature was used by Absolut to create the ABSOLUT ELYX vodka manually distilled in a 1921 still with columns, pumps and pipes made of solid copper. The vodka is made from the highest quality, 100% hand- … Read more