Looks like we couldn’t find what you were searching for Search again?
At five points in the past 500 million years, life on Earth was almost completely wiped out. We are now on the brink of a sixth mass extinction, and we are the cause. Can humans right their wrongs? The luxury industry must lead by example.
An influx of capital ends a year marked by a boom in sales at auction and on the pre-owned market as watches take on a new role as investment products.
A country rich in natural resources with an educated - and peaceful - population, over the past ten years Colombia has emerged from violence and progressed. The Colombians now welcome luxury as a reward, and are happy to take it onto streets that are at last safe.
It's no small task to develop a clear and effective strategy aimed at a frivolous, fickle youth who believe the best things in life should be free. (Part 1 of 2)
Since the 1960s, the Dutch bank ABN AMRO has forged a solid reputation as the leading financial partner to the diamond industry. Leveraging on this position the bank is aiming to expand into the watch industry, a natural extension in the world of luxury.
The world's biggest luxury conglomerate is adding to its stable of watch and jewellery brands to reach critical mass in the sector. Its takeover of Bulgari will double its sales in the segment.
Forbes has published its 2011 list of the world's richest people. Bernard Arnault, 61, Chief Executive of LVMH which recently added Bulgari to its portfolio, has climbed three places to fourth position, behind Mexican telecom mogul Carlos Slim (US$ 74 billion / € 52 billion), Bill Gates, founder of Microsoft (USD 56 billion / € 39.5 billion), and Omaha guru Warren Buffet (US$ 50 billion / € 35 billion). As LVMH shares surged +57% last year, Arnault added US$ 13.5 billion (€ 9,5 billion) to his fortune and now has a net worth of US$ 41 billion (€ 28,9 billion).
