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LVMH wins court battle over construction of La Samaritaine

June 19, 2015

Luxury conglomerate Moët Hennessy Louis Vuitton is continuing its renovation of La Samaritaine thanks to a final ruling from the Conseil d’Etat authorizing the controversial project.

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Asia Pacific wealth to overtake North American prosperity by 2016: report

June 18, 2015

A healthy global economy has led the number of high-net-worth individuals to increase worldwide, according to Capgemini’s World Wealth Report 2015.

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Increased spending power creates strong handbag market in BRICs

June 15, 2015

Increased spending power, growing Internet penetration and access to ecommerce has caused handbag sales to grow at a fast rate in BRIC nations, according to a new report by Technavio.

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Indonesia eliminates luxury tax on most goods

June 11, 2015

To combat slow growth in its economy and encourage consumers to purchase more merchandise at home, Indonesia has removed the luxury tax on most goods.

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Robust economic recovery stalled by debt addiction, says Citi economist

June 9, 2015

MONTE-CARLO, Monaco – The global economy is facing a stagnant year overall, with a general environment of disinflation, according to “The Macroeconomic Outlook” panel at the Financial Times’ Business of Luxury Summit June 8.

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Caitlyn Jenner, Greece, Mr Porter and Moët & Chandon – News briefs

June 5, 2015

Today in luxury marketing – The Caitlyn question: Will advertisers embrace her?; Greece delays IMF payment, PM to brief angry parliament; Jeremy Langmead’s return to Mr Porter; Marcelo Burlon designs range of limited-edition bottles for Moët & Chandon.

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Can China rescue economies of Russia, Brazil?

May 20, 2015

As Russia remains marooned in the West and Brazil’s economy enters intensifying turbulence, China is lending a hand, further flexing its diplomatic might.

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Britain’s conservative victory promises clear skies for development community

May 13, 2015

Pre-election polls forecasted a government of coalitions and compromises in Britain, but the Conservative Party beat back opponents and now has room to set its own agenda.

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Mercedes-Benz fined following Chinese anti-trust investigation

April 23, 2015

Mercedes-Benz has been fined $56.49 million by a Chinese pricing regulator for fixing prices at local dealerships.

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Ritz-Carlton spearheads global initiative to extend impact

December 9, 2014

The Ritz-Carlton Hotel Company is the first founding partner of Impact 2030, a global project for corporate volunteering that will combine the joint efforts of many brands to tackle otherwise unattainable goals.

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