Aman Resorts to open eleven new properties

Luxury hotel hroup Aman will focus its expansion in the Western Hemisphere, after spending almost 30 years establishing its Asian foothold that spans 31 resorts, hotels, residences and expeditions across 20 destinations. Eleven new hotels and resorts, each with a residential component, were signed in 2016 and are in development. These properties will be located in South America – the brand’s first – as well as South-east Asia, Japan, the US and Europe. Vladislav Doronin, chairman of the Aman Group, said: “Our strategy continues to place emphasis on seeking out [...]

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Coach could acquire Kate Spade

According to sources inside both companies, Coach’s acquisition of Kate Spade may be announced in a matter of weeks, if not days. “Coach has a long-standing policy of not commenting on rumors and speculation,” a Coach representative told BoF. Kate Spade also declined to comment. The price of acquisition is not yet known, although analysts suggest it could be north of $2 billion. In a March 2017 report, Cowen & Company said that there was an 80 percent chance Kate Spade would be acquired, raising its target price to $27 [...]

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Hermes to update digital strategy

“2017 will be a year of digital change for us,” said Hermès chief executive Axel Dumas at the presentation of the company’s annual results. While those results do not detail separate numbers for Hermès’ e-commerce sales, they do say that “the growth rate of the site is significantly higher than the growth of the company’s overall turnover.”  A result which the Hermès boss is particularly proud of, considering the site “sort of stumbles along.” In fact, during the Christmas season, the Hermès e-shop was the group’s best performing store for [...]

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Moncler to open new store in London’s Mayfair at Albemarle Street

Luxury brand Moncler has signed the lease for a new store on London’s Albemarle Street. It will take over the lease from Italian luxury jeweller Gismondi. Moncler opened a three-storey flagship store on nearby Old Bond Street in London’s Knightsbridge last year and has an existing store on 197 Sloane Street, which it opened in 2009. Moncler also operates boutiques inside department stores Harrods, Harvey Nichols and Selfridges. The label was founded in France in 1952 but is now based in Italy, with more than 170 stores around the world.    

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Chopard spectacular launches at Baselworld 2017

For the Centenary Anniversary of Baselworld 2017, Chopard is presenting its latest and finest creations in jewellery and watchmaking. L.U.C Last year at Baselworld, we had the pleasure of celebrating the 20th Anniversary of our Fleurier Manufacture by showcasing, amongst other marvels, the L.U.C Perpetual Chrono. These horology masterpieces blend together infinite precision and ultimate elegance to a tee. Chopard will be presenting new editions and various L.U.C timepieces that will provide a thrill to the most demanding collectors: the L.U.C Lunar One, the L.U.C XP Esprit de Fleurier Peony, the [...]

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