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
Converting women to grandes complications $21 billion Swiss watchmaking industry intends to transform the neglected female market into a lucrative customer base. From a market mostly dominated by simple quartz watches under $1,100, Swiss watchmakers at the Baselworld fair said they were now taking pains to design new collections of mechanical watches for women, especially … Read more
Continued demand for accessible luxury fashion Interest is strong for luxury automobiles In partnership with Luxury Society, the world’s largest community of luxury executives, Digital Luxury Group (DLG) has deciphered the top 50 most-searched for luxury brands in the United States in 2011. It will be very interesting to compare the result with a similar … Read more
Meditative Reading Space: Kosha Chair by Claudio D’Amore “In truth there are only two things that can change a human being: a great love or a great book.” [Paul Desalmand] More than a luxury piece of furniture, Kosha is a meditative space, a sort of protective sheath designed by Swiss-Italian designer Claudio D’Amore (cosanova design … Read more
Grand Prix d’Horlogerie 2011 – De Bethune DB28 awarded with the “Golden Hand” The avant-garde vision of the watchmaking art Grand Prix d’Horlogerie de Geneve (GPHG) is intended to salute the excellence of worldwide horological production, and annually rewards the finest creations and the most important figures in the watchmaking world. The international jury of … 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