Net-A-Porter – first major foray into the China luxury e-commerce market

Chinese e-commerce platform Shouke Limited is set to be acquired by the London-based luxury online retailer Net-A-Porter.com, marking that company’s first major foray into the China market. The members-only Shouke shopping website was only one of many well-capitalized luxury e-commerce platforms to spring up in China in the last couple of years, and the country’s … Read more

Apple’s Retail Store and iPad 3 Launch at Harrods

The big brands at London’s Harrods are known to attract large crowds on a daily basis, which makes it an ideal spot for Apple to launch its iPad 3 overwhelmingly hyped tablet. If the rumours from sources within Harrods are to be believed, expect the Cupertino chain of stores coming to Harrods in mid-March. This … 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

Speaking about luxury with Alwyn Stephen – President/CEO Beauty Contact Group

Alwyn Stephen began his career in the United Arab Emirates way back in 1985 as a salesperson. By sheer coincidence in 1988, he got into the fragrance business and from that year on there was no turning back. He started his career in the fragrance business with one of the leading perfume companies in Dubai. … Read more

Cavalli partnering with Franck Muller for luxury watch line

Roberto Cavalli has teamed up with Swiss haute horlogerie brand Franck Muller for the “Roberto Cavalli by Franck Muller” watch collection, scheduled to bow globally this fall. WWD reports January 16 that the timepieces will be available in Cavalli boutiques, as well as Franck Muller stores and selected retailers. Available for men and women, prices … Read more

LVMH plans a store on the the most expensive retail streets in UK

Bernard Arnault Plans a £300 Million Louis Vuitton store on London’s Bond Street LVMH CEO Bernard Arnault is reportedly in talks to open Louis Vuitton’s flagship stores at 17-20 New Bond St. The famous Bond Street houses a number of high-end stores, including Mulberry and Chanel, and is regarded as one of the most expensive … Read more