LVMH will train its managers from Singapore, Hong Kong and Shanghai in the first managerial training center outside Europe opened in Singapore. The LVMH Asia Pacific Talent Development Centre, located in Ngee Ann City on Orchard Road, is a 6,000-square- foot facility building with training rooms, as well as displays of flagship luxury products from … Read more
American aficionados meet the world’s leading watchmaking brands Following the success of TimeCrafters’ first edition last year, this world-class luxury watch fair, the first luxury watchmaking fair to take place in the United States, takes place once again in New York. The show gives watch admirers and collectors a unique opportunity to share their passion … Read more
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. “All business groups contributed to this performance, which is even more remarkable coming on top of the strong growth in first half of 2011. The … Read more
Converting women to grandes complications $21 billion Swiss watchmaking industry intends to transform the neglected female market into a lucrative customer base. From a market mostly dominated by simple quartz watches under $1,100, Swiss watchmakers at the Baselworld fair said they were now taking pains to design new collections of mechanical watches for women, especially … Read more
Tag Heuer unveils $3,700 luxury Racer smartphone with high strength and shockproof rubber chassis GT racing cars and F1 inspired Swiss watchmaking company Tag Heuer to create “the first luxury phone crafted for high performance.” Racer is a luxury smartphone that combines shockproof rubber with titanium and carbon fiber bridges for support and strength. Racer … Read more
LVMH watch and jewellery sales up 26% Luxury products group LVMH has reported a revenue of €16.3 billion during the first nine months of 2011, an increase of 15% over the same period in 2010, with watches and jewellery recording organic revenue growth of 26%. The overall organic revenue growth of the French luxury goods … Read more