The world-renowned auction house selected Jinqing Caroline Cai to be its first managing director in China. Ms. Cai will effectively assume her new executive level position... Read More
There are those who have a serious attraction, probably bordering on addiction, to Winter skiing, and never think of keeping their skis out after the first day of Spring. But then there are those who wait for a certain time, when the weather is warmer, but the snow is still dry and powdery and the slopes are less crowded.... Read More
Whether intentional or not, fashion month is increasingly becoming associated with designer – and often executive – musical chairs in the luxury industry. Literally days before showing his Fall Winter 2012 collection in Milan, it emerged that Raf Simons had been dismissed by Jil Sander, to make way for Jil Sander’s return as creative director.... Read More
Executive matchmaking for upscale men is nothing new, but there are agencies of note that specifically cater to the discriminating mindset and standards of successful, suave and selective single men looking to meet high-caliber women — ladies with that perfectly balanced, arguably elusive combination of brains, beauty and personality to boot.... Read More
Wall Street has trimmed 2011 discretionary pay, political pressure forced RBS chief Stephen Hester to forgo his £1 million bonus, but what does this all mean for luxury spending?... Read More
Neiman Marcus is making its first move into the luxury retail market in China. The high-end retailer is making an investment in a privately owned e-commerce company, Glamour Sales Holding. Neiman Marcus will invest $28 million into the firm to drive Glamour Sales Holding’s successful flash sales in Asia. Additionally, a new branded e-commerce business also will be established.... Read More
Montegrappa pens are known for their history and legacy, but their unusual designs, symbolizing their unique relationships and associations with substantial celebrities, are quite significant also. Montegrappa writing instruments have been designed for the POPE, Fidel Castro, Muhammad Ali, Joe Frazier, Bruce Lee, and others.... Read More
Apparently, both luxury and non-luxury brand automobiles are on the minds of U.S. consumers in the market for a new car this year, according to results of an ongoing market research study conducted by Phoenix Marketing International.... Read More
Christel DeHaan sets empathy into action, daily. Yet, away from her exceptional work at Christel House, and from the timeshare/fractional industries she helped establish, her name is not yet a household word. But for those who know that for thousands of children, the cycle of poverty has been permanently broken because of her work, her name could, and no doubt should be a household word.... Read More
William Taubman is the CEO of Taubman Centers, a real estate investment trust that owns, develops, acquires and operates high end/upscale suburban shopping centers in the US. His latest work, co-developed with the Mormon Church, will open on March 22, 2012. The $1.5-2B City Creek Project will be one of the largest mixed-use developments in the U.S. City Creek is a sustainably designed, walkable, urban community of residences, offices, and retail stores on 20 acres of land spread across three blocks in downtown Salt Lake City. City Creek Center has been Silver LEED Certified.
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I would be happy to argue that luxury has become one of the most globalised industries in the world. Rapid and aggressive expansion by super brands like Louis Vuitton, Rolls Royce, Rolex and Four Seasons, backed by powerful super conglomerates like LVMH, Richemont and PPR, has seen luxury permeate areas of the earth once better known for human rights conflicts than seven-star hotels.... Read More
The basic definition of impact investing combines the words well with good: doing well and doing good. Back in the old days, say, a few years ago, if you wanted to invest money in a company or stock or industry, you would look at the single bottom line: the financial return.... Read More
After a string of encouraging results announcements by luxury conglomerates and brands, it is somewhat surprising to learn of layoffs and retrenchments within various pockets of the industry. Just today, AFP reported that Fisker Automotive – maker of luxury electric and hybrid supercars – will layoff 26 workers in Delaware and another 40 contractors and employees concerned with design and development in California.... Read More
Ferretti Group said yes, General Motors said no. We take a closer look at recent cross-border mergers and acquisitions in the luxury industry... Read More
KCD’s Digital Fashion Shows platform wins the approval of editors and designers, but does it pose the potential to negate the need for the press?... Read More
After a shaky 2011 fiscal year, Portugal rallied its supporters from Mozambique to Macau for the 17th annual SISAB food and wine trade show held in Lisbon February 27-29. Hundreds of Portuguese suppliers and thousands of importers were in attendance at the annual trade fair — the largest Portuguese food and wine expo in existence.... Read More
