Luxury and high-end industries recognised as strategic sectors for European growth and employment

The European Commission recognizes the strategic importance of the high-end industries Important days for Europe’s luxury sector. The European Commission has adopted “Cultural and Creative Sectors for creative growth in the EU” political action plan. This policy strategy qualifies cultural and creative business models, such as the luxury industry, as strategic sectors for European growth … Read more

Playboy’s digital wine cellar promises exclusivity and innovation

Gentlemen Prefer Blondes, Sexy, Spicy, Spanish Reds or a Playboy Blind Date? The recently launched Playboy Wine Club promises exclusivity and innovation as it will provide Playboy’s fans with a unique experience to enjoy wine as a part of their lifestyle. The digital wine cellar includes themed packages, curated bottles and regular shipments for Playboy … Read more

Reinterpreting the appeal of a myth: ultimate luxury Hasselblad Lunar

Hasselblad Lunar: Vintage and high-tech, with Italian design and Swedish tradition The legendary Hasselblad 500C of 1957 to be reinterpreted  It was the first camera to go into space – an object of desire for every photographer around the world. Thanks to this camera some of the most evocative and iconic images of our time have … Read more

Online luxury retail proves that smaller and newer brands can shake up incumbents

2012 Luxury Online Experience Index (LOEI) survey   Wealthy shoppers with minimum annual income of $150,000 rated the online experience at websites of 10 traditional luxury retailers and 16 online-only retailers in the 2012 Luxury Online Experience Index (LOEI) survey by the independent New York-based Luxury Institute. LOEI scores include evaluations of a site’s navigation, … Read more

The luxury goods market continues to prove resilient

 Global Luxury Goods Industry to Generate Additional US$74 Billion in New Sales by 2017 Despite the global volatile economic outlook, the luxury goods market continues to prove resilient, according to the new luxury market research from Euromonitor International, one of the world’s leading provider for global business intelligence and strategic market analysis. In 2012, the … Read more

France’s richest man Bernard Arnault still pays taxes in France

Bernard Arnault is and remains resident in France for tax purposes Despite the potential obtention of the French-Belgian double nationality, France’s richest man and CEO of LVMH Bernard Arnault is and remains resident in France for tax purposes, luxury giant LVMH group announced in a press release. Contrary to informations published in the international press, … Read more