Qatar set to acquire luxury Sardinia assets Qatar continues the recent buying spree. The Middle East state made a name as an international investor by acquiring stakes in household name companies like Porsche, Paris Saint-Germain or French luxury goods group LVMH. The new assets spotted by Qatar’s sovereign wealth fund are situated on the Italian island … Read more
“What’s your Wild Rabbit?” Hennessy, the number one selling Cognac brand in the world, unveiled the brand’s new landmark communications campaign, entitled “Wild Rabbit.” Hennessy aims to draw parallels among the journeys of leading icons invarious fields and the paths being forged by those who enjoy Hennessy. Throughout their experience of the new campaign, Hennessy … Read more
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
Hublot, the Swiss watch brand owned by LVMH Moet Hennessy Louis Vuitton, unveiled at 2012 Baselworld Fair the world’s most expensive watch with a price tag of $5 million and inlaid with more than 1,200 diamonds, including six stones of more than 3 carats each. The watch was made by 17 people in 14 … Read more
Champagne sales increased significantly in volume in 2011, with emerging markets like Russia and China fuelling growth. In anticipation of rising global demand for Champagne, Moet & Chandon is undertaking a major expansion of its production facilities, reports decanter. The company has been focusing on the construction of a new winery at its existing press … Read more
Forbes began the pursuit of the world’s billionaires 25 years ago. The first cut yielded 140 names. This year the magazine have counted an all-time high 1,226 billionaires worth a record $4.6 trillion. Carlos Slim tops Forbes billionaires list at $69 billion. There are now billionaires from 58 countries. The U.S. is still home to … Read more