Seth Semilof, Publisher of Haute Living magazine, has been a devoted watch enthusiast since he can remember. It was out of this passion that, last year, Semilof and business partner Kamal Hotchandani launched luxury timepiece website Haute Time. The two curate the site, hand-selecting all content that goes live. Semilof highlights his favorite—and the most sought-after—watch brands through weekly five-question interviews with the CEOs and Presidents of these top-tier companies. Finally, he curates the site on a daily basis, including three or more updates on newsworthy topics every day.
LVMH: the Latest Luxury Brand to Forge Through Tough Times
LVMH group announced healthy profits this week, despite the troubled European economy and faltering Chinese housing market. Revenues for the first half of 2012 topped 13 billion euros, up 26% compared to the first half of 2011. According to LVMH Chairman and CEO Bernard Arnault, sales across all 60 of the conglomerate’s subsidiaries contributed to this year’s robust numbers. Most notably, newly acquired Bulgari doubled LVMH’s jewelry operations, which saw an increase of 13% in organic growth. Other luxury brands under the LVMH umbrella also pulled their own weight, including Hublot, Tag Heuer, Marc Jacobs and Louis Vuitton. “A host of READ MORE