Usain Bolt Celebrates With Top Brass at Hublot
With all of the honors he has amassed, it’s hard to believe that Usain Bolt only turned 26 yesterday. To mark the day, the Hublot brand ambassador enjoyed a helicopter sightseeing tour of the Alps bef…
Richemont Shares Rise on Profit Announcement
Swiss luxury conglomerate Richemont exhibited strong growth in 2012, despite significant investments and the heavy tariffs imposed on its goods by Chinese regulators. As the owner of several luxury br…
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…
Richemont CEO tells Europe to Shape Up
Europe is at risk of becoming nothing more than a tourist attraction for wealthy Chinese if it does not reform, head of luxury goods group Richemont Johann Rupert said. Rupert, the South African chair…
Bulgari Family Sells LVMH Stock
Subsequent to the Bulgari family selling their shares of French luxury group LVMH, sales dropped 3.5%. The family was under guidance from the same financial consultant who acted as their counselor whe…
