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Swiss franc rate likely to affect watchmakers’ bottom line, not consumers’ spend

January 29, 2015

Industries across Switzerland have been affected by the Swiss National Bank’s lift on the value cap of the Swiss franc, but will this deter affluent consumers from purchasing one the nation’s most popular exports?

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Lamborghini breaks hiring record for 2014

January 28, 2015

Automobili Lamborghini hired 192 new employees in 2014, a record for the automaker.

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Moynat reinforces French “joie de vivre” with Chaumet trunk

January 28, 2015

As part of its 165th anniversary celebrations, French leather goods maker Moynat is teaming up with jeweler Chaumet on a one-of-a-kind trunk.

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Swiss exchange rate drives affluents to French Alps this year

January 27, 2015

When the Swiss National Bank lifted its three-year cap on the value of the Swiss franc against the euro, Switzerland’s luxury real estate and tourism markets saw a hit as affluents flocked instead to the French Alps this winter season.

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Feadship sets sail with first hybrid mega yacht

January 26, 2015

Netherlands-based yacht builder Feadship has unveiled the first hybrid yacht to appeal to wealthy and environmentally-conscious consumers.

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Puig acquires Penhaligon’s to further prestige fragrance positioning

January 23, 2015

Spanish group Puig has acquired British perfume house Penhaligon’s, which takes affect Jan. 23.

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Poltrona Frau taps Alexander Wang to appeal to urbanites

January 22, 2015

American fashion designer Alexander Wang is helping Italian furniture brand Poltrona Frau reach urbanites with a capsule collection.

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Fendi to open European ecommerce shop this March

January 21, 2015

Italian fashion house Fendi has announced that it will soon offer global ecommerce after an inital launch in Europe.

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Christie’s sees 60pc increase in ecommerce art sales

January 21, 2015

Art auctioneer Christie’s is looking toward 2015 with positive sales projections as a result of 2014′s increase across every selling platform.

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Fairmont continues China expansion with Wuhan property

January 20, 2015

Fairmont Hotels and Resorts is extending its presence in China with the development of a property in Wuhan.

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