Europe’s finest luxury designer hotel suites: Dior, Bottega Veneta, Bulgari
http://t.co/4kXxRZawjd - Understanding China's middle class
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- China's Dalian Wanda to build luxury hotel in London: http://t.co/PJZ733fAdV
- Balenciaga (Kering) to sue Nicolas Ghesquière for damaging statements
- I posted 6 photos on Facebook in the album "The Savoy Hotel, London (Fairmont)" http://t.co/xm7ayJuUvU
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Hermes files new civil legal action against LVMH
According to French daily Les Echos, French luxury maison Hermes has filed a civil lawsuit against luxury giant LVMH following the conclusions of the investigations conducted by AMF – the French stock exchange regulator, which concluded the fraudulous use of ‘equity swaps’ by LVMH to build up its 22,6% stake in Hermes. In its 40 page court filing, Hermes calls LVMH’s actions...
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Chinese Dalian Wanda Group buys Sunseeker Yachts
Dalian Wanda Group, controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in British yachtmaker Sunseeker and a London site to build Western Europe’s tallest residential tower. Wanda will spend 700 million pounds on a 62-story luxury hotel and apartment building on the land on the South Banks of the Thames. It also agreed to pay 320 million pounds to buy 92 percent of Sunseeker...
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Kering could acquire Richard Mille
Following its official rebranding from PPR to Kering, the French conglomerate has announced the listing of Fnac (the books, DVDs retailer) on NYSE Euronext in Paris. The move is in line with the group’s new strategy to focus on luxury, in February this year having completed the sale of online mass market retailer Redcats for 275 million euros. Last month, Kering bought Italian jeweler Pomellato,...
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Michael Kors launches in Brazil with first store i...
U.S. premium brand Michael Kors opened earlier this week its first store in Brazil, in Rio de Janeiro. The new Michael Kors store in Rio covers 1.500 sqm and is situated within the upscale Shopping Village Mall. The new store features the entire range of products signed by Michael Kors, including the MICHAEL Michael Kors line. By the end of the year, the company plans to open 3 additional mono-brand stores in...
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Bulgari inaugurates flagship store in Shanghai, th...
Situated within L’Avenue Mall in Shanghai (Hongqiao district), the new Bulgari flagship store is the fourth mono-brand store of the brand in Shanghai and the 29th Bulgari mono-brand store in China. The L’Avenue Mall in Shanghai, which is partly owned by LVMH (parent company of Bulgari) houses the majority of the brands of the group, each with mono-brand boutiques Louis Vuitton, Dior, Fendi, Tag...
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