Fake Chinese Lafite will be eradicated within two years French wine maker Chateaux Lafite Rothschild has won six lawsuits against Chinese companies as nearly 70 percent of Chateaux Lafite in China is fake. The Chinese companies have been ordered to pay a total of at least US$126,984 in compensation, Chateaux Lafite Rothschild told Shanghai Daily. … Read more
Debate is raging in China about officials’ spending on wining and dining, funded by public money. This year particular attention has been paid to Moutai, Chinese liquor also known as baijiu, a high-priced drink beloved of China’s wealthy businesspeople and officials. Recently ranked the fourth-most valuable luxury brand in China on the Hurun Report’s 2011 … Read more
What’s more valuable than gold? First Fairtrade and Fairmined gold is celebrating its first anniversary. The Fairtrade Foundation, which certifies the gold, has announced that 350kg per year of gold will soon be available to jewellers, with more to follow. In the first year of trading, four gold mining organisations have become certified and an … Read more
The Bulls legend, now the owner of the Charlotte Bobcats, has listed his house in Highland Park Basketball superstar Michael Jordan’s longtime family home has gone on sale for a cool $29 million Michael Jordan‘s made-to-measure Chicago mansion goes on the market for a cool $29million. The suburban Chicago residence is the most expensive property … Read more
How the total ban on animal testing will impact the cosmetics industry? From March 2013 it is illegal for manufacturers to test any cosmetic ingredient on an animal. Even if the European Commission might grant exemptions, the ramifications are monumental for cosmetic companies and the industry is currently striving to adapt itself to the new … Read more
Alonside Porsche Museum in Stuttgart, BMW World in Munich, Walter P Chrysler Museum and the Henry Ford Museum, a new place of pilgrimage for motorsports fans has opened its doors. Legendary Enzo Ferrari, both a driver and engineer,has a new museum in Modena. Formerly Ferrari’s house, the new Museo Casa Enzo Ferrari museum is something … Read more