LVMH: 25% increase in first quarter 2012 revenue

LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros   In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw … Read more

The future in “By VOLTA” vision – speaking with Olivier Bergeron – CEO and Creative Director By Volta

They anticipate things to come and create an exciting future. 1,618 Sustainable Luxury Fair gathered the visionary talents in the “Prospective Innovation Space”. This section of the Parisian event dedicated to sustainable luxury development allowed visitors to grasp the planetary challenges ahead, through prospective, inspirational and discovery installations. An interview taken by 2LUXURY2 during 1.618 Sustainable Luxury … Read more

BMW Group sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter

BMW sold more cars in March than in any other month in history. Record Rolls-Royce sales in first quarter. The BMW Group sold more vehicles in March than in any other month in its history. The company sold a total of 185.728 BMW, MINI and Rolls-Royce vehicles in the past month, not only significantly exceeding … Read more

American Royalty: The digital behaviors and lifestyle changes of the top 1%

While new technologies may come and go, the one thing that doesn’t change in the world of marketing is that the customer is always in central position. Experian’s 2012 Digital Marketer: Benchmark and Trend report offers a perspective on the digital landscape and how brands can influence more meaningful connections with customers. The report contains trend … Read more

Qatar set to acquire Sardinia’s Costa Smeralda

Qatar set to acquire luxury Sardinia assets Qatar continues the recent buying spree. The Middle East state made a name as an international investor by acquiring stakes in household name companies like Porsche, Paris Saint-Germain or French luxury goods group LVMH. The new assets spotted by Qatar’s sovereign wealth fund are situated on the Italian island … Read more

Harry Winston luxury segment increased 19% in the prior year

Harry Winston Diamond Corporation Reports Fiscal 2012 Fourth Quarter and Year-End Results Harry Winston Diamond Corporation announced its fourth quarter and year-end results for the period ending January 31, 2012. The annual results highlights include: Rough diamond production for the calendar year 2011 was 6.7 million carats compared to 6.5 million carats in the prior calendar … Read more