October 31, 2012
Hermès family members invest in jeweler
French jeweler Arthus-Bertrand has sold a 45 percent stake in its capital to the Guerrand-Hermès family, part of the family group that owns Hermès International, for an undisclosed sum, a spokeswoman for the firm said Oct. 30, per WWD.
Robert Pattinson will be repping Dior fragrances
His on-again girlfriend Kristen Stewart is the face of a Dolce & Gabbana fragrance, and now it is Robert "SparkleVamp" Pattinson's turn to work with a high-end brand - in this case, Dior, who just signed him to a three-year deal, according to Racked.
Fiat plans to launch 17 new cars in Europe by 2016
While European competitors close factories and get government bailouts, Italian car maker Fiat is banking on its under-exposed luxury brands to put idled Italian car plants to work and stem losses in its European operations, Bloomberg Businessweek reports.
HR Owen driven by luxury car demand
Shares in HR Owen picked up speed yesterday after the luxury car dealership upgraded its full-year revenue and pre-tax profit guidance, according to the Financial Times.