Tom Ford opens women’s store in luxury-loving Russia Fashion designer Tom Ford has opened his first women’s clothes store in Moscow, giving a confidence boost to Russia’s reviving luxury goods market. The 50-year-old Ford said he was not phased by the prospects of another economic recession in Russia, which previously ranked as the fourth-largest buyer … Read more
The world’s oldest jeans are in San Francisco, in a Levi’s recently opened store. Launching the new space, the legendary label has opened its arhives and has exhibited the most precious “jewels” of denim, which include the oldest organic pair of jeans. The one-pocket denim model dates from 1879 and has is estimated at … Read more
Luxury shoemaker Ferragamo in jewelry debut Italian luxury goods house Salvatore Ferragamo launched its first jewelry collection this week, targeting wealthy clients who see gold, precious metals and jewels as a safe-haven amid uncertain financial times. Global sales of designer clothes, leather bags and jewels showed double-digit sales growth in the first half of this … Read more
With the occasion of Milan Fashion Week, Patrizio Bertelli, CEO of PRADA announced his company will set up a training school for youngsters wishing to pursue craftsmen careers and become artisans. The training school which will be launched in 2012 is a continuation of Prada’s continuous efforts to maintain the unique Italian craftsmanship, as a … Read more
Booming China is number one Bordeaux importer According to figures released by the Bordeaux Wine Industry Association (CIVB), last year China surpassed Germany to become the world’s largest importer of French Bordeaux wines in terms of wine volume as well as transaction volume. Mainland China now buys some 10 percent of all exports from the … Read more
Greece issues are reviving the sale of famous Greek islands. One of the sellers is Sheikh Hamad bin Khalifa Al Thani, Emir of Qatar, who has shown willingness to buy two islands in the Ionian Sea, including the island of Scorpios, owned by Aristotle Onassis. Scorpios Island, the island where took place the wedding … Read more