Search Results for: luxury retail

The world’s most expensive retailed bottle of red wine

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  At the cost of USD 195,000, Château Margaux 2009 is the world’s most expensive bottle of red wine to ever be retailed.The 2009 vintage, which can be aged for over a century, is widely reputed to be one of the best vintages ever produced by Château Margaux. Only six Balthazars have been produced, of … Read more

BRIC countries to account for more than 35% of projected luxury global sales over the next five years

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Euromonitor International’s latest research on the global luxury goods market indicates another solid year’s performance for 2013. Driven mainly by strength in emerging economies, overall retail growth is set to be stronger than in 2012, with luxury goods sales to exceed US$318 billion worldwide. This will represent a year-on-year real value gain of over 3% … Read more

Clermont luxury hotel brand enters the crowded luxury hospitality market

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 New luxury hotel brand launches out of London. An ambitious plan of glh (Global Hotel Company) hopes to put the squeeze on well-established luxury brands like the Mandarin Oriental, the Ritz-Carlton, and The Four Seasons. The London-based global hotel subsidiary of the Singapore-listed GuocoLeisure Group, announced the launch of a new luxury hotel and private … Read more

LVMH luxury group invests in J.W. Anderson

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J.W. Anderson to definitely move Loewe forward to the next chapter of its history LVMH luxury conglomerate never stops buying new promising creative talents. The luxury giant announced an agreement with designer Jonathan Anderson for the development of his London-based J.W. Anderson brand. He remains the majority shareholder of the company. Pierre-Yves Roussel, Chairman and … Read more