Qatar emirate buys over 1% of luxury group LVMH

Vivre à la française: Qatar Holding investment in LVMH raised at 1.03% Sovereign wealth fund Qatar Holding made a new investment in French luxury sector. The gas-rich emirate which has a participation in London department store Harrods, aquired a stake of slightly more than 1% in French luxury goods group LVMH Louis Vuitton Moet Hennessy. … Read more

Speaking about luxury with Barbara Coignet – CEO 1.618 Sustainable Luxury

1.618 is a mathematical ratio that defines the divine proportion, a universal key to harmony that originates in nature and provides a formula at the service of aesthetics. It is a definition in symbiosis with the positioning of the event. 1.618 is a unique event, multidisciplinary, pioneering and innovative, at the crossroads of different worlds. … Read more

London Business School and Walpole to unveil innovation in luxury business plan competition

London Business School and Walpole To Unveil Luxury Industry Competition London Business School and Walpole, the organisation that represents the British luxury industry, have launched the Innovation in Luxury Business Plan Competition, to help promote and inspire innovation in the British luxury industry. Through the new programme, applicants from London Business School are being invited … Read more

Il Successo nelle Mani

Manual work is suffering a crisis of vocation. This is happening due to poor fascination the artisans are able to exercise on boys & girls in the delicate moment of the choice of their career. Italian luxury association Altagamma Foundation initiated a project for the development and promotion of manual labor, called “Success on your … Read more

Luxury Consumers Lack Commitment: survey

Downward shift in luxury consumer attitudes at the start of 2012 signals shift toward ‘inconspicuous’ consumption that minimizes ostentation Media reports of a ‘renaissance’ in the luxury market appears to be limited to an extreme top tier of consumers, a small number compared with the bulk of the luxury marketplace potential, says the latest Unity … Read more

Strong demand despite weakening global economy: Hermes posted record 2011 sales

Luxury brands have continued to enjoy strong sales despite world economic concerns. French luxury group Hermes said to AFP it posted record sales of 2.8 billion euros in 2011, highlighting the resilience of luxury brands in the face of the weakening global economy. French luxury goods giant LVMH said last week it had enjoyed a … Read more