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
THE FIRST LIMITED EDITION ROYAL OAK 41 MM CHRONOGRAPH “In football as in watchmaking, talent and elegance mean nothing without rigour and precision.” Leo Messi Audemars Piguet Royal Oak, the first luxury sports watch, remains an icon of sporting elegance paying a tribute to Leo Messi – world’s best football player. The Limited … Read more
IWC Portuguese Automatic Edition Dragon Year in the Lunar Year of the Dragon IWC, one of the world’s leading brands in the luxury watch segment, profits by the good fortune of the sign of the Dragon, a sign so loved in 2012 by the entire luxury industry. The latest IWC masterpiece of Haute Horlogerie … Read more
TA Associates private equity firm has signed an agreement to acquire a 30% stake in Zadig & Voltaire, one of the most successful French brands in the new luxury ready- to-wear market. Zadig & Voltaire represents TA’s third investment in France since 2009 following investments in fund manager DNCA Finance and in a leading provider of … Read more
Know Your Diamond: MidEast Watch & Jewellery Show in Sharjah, the region’s most popular jewellery fair, focused on gold and diamond opportunities The 32nd MidEast Watch & Jewellery Show, the region’s most popular jewellery fair, got under way on March 27 at Expo Centre in Sharjah. For its spring edition, the five-day show is hosting … Read more
Baselworld 2012 (March 8th to 15th 2012 ) followed on from an excellent year that saw 29.8 million watches exported representing a total value of 19.3 billion Swiss francs. A unique and yet fairly logical economic case, since demand for luxury products continues to increase and the potential of certain emerging markets, including Asia and … Read more