Month

May 2011

Showing: 1 - 6 of 46 Articles

UK Luxury Industry Report: Gilts Drop, Pound Rises, and London Luxury Home Prices

U.K. government bonds declined, paring this month’s advance, as equities rose amid renewed optimism the European Union will take steps to resolve Greece’s debt crisis without forcing investors to incur losses. Two-year note yields also increased after reaching the lowest this year last week. The pound weakened against the euro as Jean-Claude Juncker, head of …

Paul&Shark Targets India Luxury With New Express Avenue Mall, Chennai Store

After the successful launch of its stores in Delhi, Hyderabad and Mumbai, Italian luxury sportswear brand Paul&Shark recently launched its store in Chennai. Paul&Shark has entered India through an equal joint venture with Reliance Brands Ltd – a part of Reliance Industries.   Paul&Shark is a lifestyle sportswear brand distinguished by the unmistakable “shark logo”. …

Louis Vuitton In National Museum of China Targets Luxury Travel

A guide looks in from the entrance of a hall for a Louis Vuitton Voyages exhibition at the National Museum of China in Beijing May 31, 2011. Louis Vuitton is making a pitch to consumers in a spot no Western brand has ventured before: the National Museum of China. The French luxury giant, celebrating its …

Happy Birthday Peninsula Chicago, Luxury Hotel Success Formula

The Peninsula Chicago turns ten today, and in the first decade of the 21st century the hotel has quickly established itself amongst the finest in the world. Peninsula is without a doubt one of the marquee hospitality brands in human history, but what is surprising, given its big reputation, is how small it is. The …