Lexus Ranked Best Luxury Auto Brand While Porsche Plunges: Cars Toyota Motor Corp.’s Lexus brand took back the top spot among luxury brands in 2011 Consumer Reports’ reliability ranking, beating BMW, Mercedes-Benz and Porsche, which fell the most of any vehicle line. Winning the luxury crown as well as the top spot among all brands … Read more
LVMH watch and jewellery sales up 26% Luxury products group LVMH has reported a revenue of €16.3 billion during the first nine months of 2011, an increase of 15% over the same period in 2010, with watches and jewellery recording organic revenue growth of 26%. The overall organic revenue growth of the French luxury goods … Read more
Interbrand, a leading brand consultancy, released its Best Global Brands report for 2011. The report is based on a unique methodology that analyzes three key aspects that contribute to a brand’s value: the financial performance of the branded products or services; the role of brand in the purchase decision process; the strength of the brand … Read more
A Milan court has ordered judicial administration for the parent companies of two prominent Italian fashion brands, Paul & Shark and Aspesi, following allegations of negligence in supplier oversight linked to labour exploitation. The ruling adds both names to a growing list of luxury and premium fashion houses caught up in a widening Italian judicial … Read more
Move over, Easter egg hunts. There’s a new seasonal treat in town — and it comes with fresh peonies, sage honey, and a £191 price tag with your name on it. Meghan Markle, the Duchess of Sussex and founder of lifestyle brand As Ever, has just unveiled her latest drop: The Garden Tea Bloom Box. … Read more
If the luxury world had a mood this fortnight, it would be restless elegance. Boardrooms are reshuffling, creative directors are bowing out, iconic brands are chasing new identities, and the markets are sending mixed signals. From a royal Burberry capsule to Porsche’s worst year in over a decade, from Kering’s painful surgery to Dubai’s bulletproof … Read more