To help the country compete with Hong Kong and Singapore, Thailand’s government announced intention to scrap import duties on luxury products, visitors from China being key target of the new measure. The duty on some luxury goods will be cut to zero from 30 percent by the end of the year, Permanent Secretary for Finance … Read more
Between France and Italy, the men’s wear business is “ready-to-war,” says Suzy Menkes in her latest article dedicated to men’s wear booming. The French luxury companies have seized the opportunity to ally with Italian savoir-faire. PPR, the luxury group headed by François-Henri Pinault, completed its 100 percent purchase of the Italian men’s wear brand Brioni. … Read more
Roberto Cavalli has teamed up with Swiss haute horlogerie brand Franck Muller for the “Roberto Cavalli by Franck Muller” watch collection, scheduled to bow globally this fall. WWD reports January 16 that the timepieces will be available in Cavalli boutiques, as well as Franck Muller stores and selected retailers. Available for men and women, prices … Read more
Italian luxury house GUCCI, which celebrates its 90th birthday this year, will officially inaugurate its Museum in Florence on September 26th. It will be located at Palazzo Mercantazzia, in Piazza della Signoria. The ceremony will be marked by a lavish event attended by celebrities such as Madonna and Jennifer Lopez. The Gucci Museum covers 1,700 … Read more