Top tipple: rare whisky outperforms wine and gold as 2015 investment
Leading index for scotch whisky rose 14% last year, while wine fell 0.4%, gold was down 10% and FTSE 100 index lost 4.9%
Search Results for: wine industry
Taittinger to become the First Champagne House to produce premium English Sparkling Wine
Champagne Taittinger aims to make something of real excellence in the UK’s increasingly temperate climate, and not to compare it with Champagne or any other sparkling wine. Famous French champagne house Champagne Taittinger (established in 1734) announced the acquisition of land in Kent, UK to establish a UK Vineyard under the Domaine Evremond name. Working … Read more
Chanel is the new owner of the St. Supéry Estate Vineyards and Winery in Napa Valley
Chanel bought a Napa Valley winery. A taste of Chanel for a fraction of the price. French luxury fashion house Chanel is entering the U.S. wine business with the purchase of the St. Supéry Estate Vineyards and Winery, a Napa Valley winery. The 500-acre, sustainable vineyard owned by the Skalli family since 1982 is specializing … Read more
LVMH’s performance for the first half of 2015 to further strengthen its leadership in the luxury industry
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €16.7 billion in the first half of 2015, an increase of 19%. Organic revenue growth was 6% compared to the same period in 2014. The Group recorded strong growth in Europe and the United States, excellent performance at Parfums Christian Dior, … Read more
74% of luxury industry executives targeted UHNW clients through events, Luxury Sentiment survey
Most of the luxury industry insiders seem very optimistic. Wealth-X Luxury Sentiment Survey. Despite slowing global demand and consumption, luxury industry executives are optimistic about the first quarter of 2014, with nearly 80% confident they will see an increase in revenue from ultra high net worth (UHNW) individuals during the period, according to the inaugural … Read more
Music and the industry’s first bottle wash jets in the Monogram dishwasher
In addition to an advanced cleaning technology, GE’s new Monogram dishwasher is the first appliance to feature its own soundtrack. Harsh beeps and buzzers are a thing of the past for Monogram owners. “Adding a complementary sound element can enhance everyday interactions with your appliances,” said Lou Lenzi, GE’s Industrial Design Operation Director. “The fit, … Read more