World news about “Luxury” published by euronews.
Where do the world’s richest people live? There is a short answer to the question, “where the world’s richest people live?” The answer is simple. Anywhere they like. Nowadays however with so many… 08/05/2013
The secret behind the scent – Chanel No 5 exhibition in Paris An exhibition on an iconic perfume opens in the Palais de Tokyo in Paris this weekend, inviting visitors to explore the history and mystery behind Chanel No… 03/05/2013
Hermes sees demand rise Hermes has posted record profit for last year. Robust demand for the French luxury group’s super-expensive hand-crafted leather goods and printed silk… 21/03/2013
Italy police seize assets from luxury goods firm Bulgari The Italian luxury goods firm Bulgari has had 46 million euros worth of assets seized, say police investigating alleged tax evasion. The assets belong to… 14/03/2013
Lamborghini: from nought to 50 In 1963 Ferruccio Lamborghini founded the famed car company of the same name, in Sant’Agata Bolognese, a village in Northern Italy’s “motor land”. For 50… 08/03/2013
Luxury in pole position The car is the star in this edition of News+ as we focus on the Geneva Motor Show. Before speaking to a senior executive with luxury car maker Bentley, we… 06/03/2013
Luxury industry growth questions Will profits keep ticking up for top-end watch makers? That is the big question dominating the Geneva watch fair – the first major luxury goods industry… 22/01/2013
Triomphe of the luxury stores on the Champs Elysées The almost certain departure of the Virgin Megastore from the Champs Elysées is part of the transformation of one of the world’s most famous shopping streets… 09/01/2013
Markets give PPR a FNAC smack on the back PPR’s decision to spin off its Fnac unit, its entertainment goods subsidiary, was welcomed by the markets on Wednesday in Paris. The French retail and… 10/10/2012
Ferrari boss wants better future for his country Ferrari president Luca Cordero di Montezemolo was in Paris for the World Automobile Fair. Euronews spoke to him about the state of the car industry, sports… 05/10/2012
Burberry warning spooks luxury goods makers A profit warning from Burberry has shaken the whole luxury industry on Tuesday. The British brand – which saw its share price slump in London – blamed… 11/09/2012
Profits jump forecast from Richemont Richemont’s net profit in the first half of 2012 may beat expectations. Despite the crisis, the luxury goods maker has changed its forecasts. 06/08/2012
Italian fashion house Valentino sold to Qatari royal family Qatar’s royal family has bought the iconic Italian fashion house Valentino. The sellers are the London-based private equity fund Permira and Italian textile… 12/07/2012
Burberry’s sales worries sparks luxury sell off After Burberry published quarterly sales that missed expectations the markets expressed a fear that the economic crisis may finally be taking its toll on the… 11/07/2012
Luxury spending set to rise Sales of luxury goods are set to rise unless there is a major global economic crisis. A report by Boston Consulting Group predicts sales should increase by… 05/06/2012
Burberry defies crisis Burberry, the British luxury group’s sales enjoyed double-digit growth in all segments and all geographic areas in the financial year that ended in March as… 23/05/2012
Richemont defies the crisis Swiss luxury goods group Richemont saw its shares jump after posting better than expected full-year earnings. The company, with brands including Cartier… 16/05/2012
Lagerfeld presents Chanel cruise collection Chanel chief Karl Lagerfeld is not one to shy away from the spectacular. He presented his cruise collection in the splendour of the gardens of Versailles, a… 15/05/2012
Asia and US boost LVMH sales LVMH has announced its revenue was up by 25 percent in the first three months of the year. The world’s biggest luxury goods group credits particularly… 18/04/2012
Confident Hermes raises dividend Hermes’ confidence in the global luxury goods market was in evidence as it upped its dividend to shareholders by 33 percent. That reflects an increase in… 22/03/2012
2011 bumper year for Rolls-Royce Rolls-Royce, the British-based luxury carmaker, which is owned by Germany’s BMW, has announced production rose by 31 percent last year and it sold 3,538… 09/01/2012
Swarovski crystal toilet goes on display in Tokyo – nocomment It’s more flash than flush – a toilet decorated with 72,000 pieces of Swarovski crystal has gone on display in Japan. Although it isn’t for sale, the… 14/12/2011
Most expensive car crash ever? – nocomment In what could be the most expensive pile-up in history, crumpled Ferraris and other supercars littered a Japanese expressway after a huge crash on Sunday… 05/12/2011
Crisis misses luxury groups You would not know much of the world is going through hard times by looking at the profits and statements of the makers of luxury goods. LVMH, the world’s… 18/10/2011
Solidarity’s birth place now builds luxury yachts Poland’s Gdansk Shipyard — where once the Solidarity trade union movement fought to bring down the communist regime — is now a shadow of its former self and a… 07/09/2011
Switzerland’s last finishing school – nocomment Switzerland’s last original finishing school the ‘Institut Villa Pierrefeu’ has updated its curriculum to target business women of all ages and nationalities… 01/07/2011
Ferragamo shares step out in style Shares of Italian luxury shoemaker Salvatore Ferragamo rose in their first day of trading in Milan, defying expectations for a muted debut. The… 29/06/2011
Modest HK debut for Prada’s shares Italy’s Prada posted slim gains as it shares started trading in Hong Kong. They were snapped up by investors who could not buy into the company’s initial… 24/06/2011
Prada raises 1.5 billion euros in Hong Kong share sale Faced with volatile global markets and caution from Chinese investors, Prada has cut the price of the shares it is selling in an initial public offering on… 17/06/2011
Is Prada’s HK IPO too pricy? Italy’s Prada has set the indicative price for its initial public offering of shares in Hong Kong. They are to sell for a price that could raise as much as… 06/06/2011
Prada ‘closer to Hong Kong IPO’ Prada has moved a step closer to its planned 1.4 billion euro initial public offering of shares in Hong Kong. The Italian luxury goods company has… 20/05/2011
Pushkin exhibit honours Christian Dior gowns After the John Galliano debacle, Christian Dior can use all the positive publicity it can get. A new retrospective of the French haute couture house has… 02/05/2011
Luxury brands continue strong growth Strong demand for luxury brands from developing markets drove a 33 percent rise in quarterly sales at the British fashion group Burberry. Revenue in the… 19/04/2011
Hermes moves to sell Gaultier stake French luxury group Hermes is looking to sever longstanding ties with star designer Jean-Paul Gaultier by selling its 45 percent stake in his fashion… 01/04/2011
Diamond weighing 56.15 carats in auction preview in GenevaA Christie’s member of staff displays an unmounted heart-shaped diamond weighing 56.15 carats during an auction preview in Geneva in Switerzland. The item is… 01/04/2011
Japan worries hit luxury firms Shares in luxury goods companies fell on Monday, hit by worries about future sales in Japan after the earthquake. Japan is the world’s third largest market… 14/03/2011
LVMH taking over Bulgari There has been more major consolidation in the luxury goods world as LVMH – the world’s biggest such company – announced it is to take over the Italian… 07/03/2011
Hermes profit jumps It seems the rich continue to spend – luxury group goods Hermes said the year had started very well and it expected that to trend to continue. The French… 04/03/2011
Three million euros of gems stolen from Paris jewellerLess than a day after the spectacular diamond robbery at Brussels airport, two armed men held up the De Beers jewellery stand at a Paris department… 20/02/2013
140m euro makeover for iconic Paris hotelParis’s celebrated Ritz hotel is to close its doors for two years while extensive renovations take place. The 140m euro works are a result of failing to win… 02/08/2012
Foreigners flock to buy luxury property in ParisEstate agents in France claim that despite the crisis in the eurozone, sales of luxury properties in Paris are beating all records and selling for record… 13/03/2012
Crisis takes back seat at Doha Motor ShowThere is little sign of crisis or recession at the Doha Motor Show which has opened in Qatar. That is hardly surprising, as the tiny Gulf state is by some… 28/01/2012
Chinese tourists snap up luxury goods in SpainRecession? What recession? Luxury goods in Spain appear to by flying off the shelves despite the country’s economic woes, and it is all down to… 09/01/2012
Taylor collection breaks records at Christie’sShe will be remembered for her performances on screen now her most treasured jewellery will live on too. The world-renowned jewels of actress Elizabeth… 14/12/2011
200-year-old wine fetches record priceA 200-year-old bottle of wine has set a new record for the most expensive bottle of white wine ever sold. The 1811 Chateau d’Yquem was bought for £75,000… 27/07/2011
Heiress buys America’s most expensive houseFor those who have always wanted an entire wing of your house solely for storing your clothes, or a room dedicated to present-wrapping, it’s time to be… 16/06/2011
Iranian fashion icon Bijan diesThe brains behind the self-proclaimed “most expensive company in the world”, purveyors of perfumes, jewellery and fashion to kings and queens, presidents and… 17/04/2011
Richemont warns on Q4 resultsSwiss luxury goods group Richemont is cautioning investors about its fourth quarter results – for the period from January to March. It said that was because… 17/01/2011
Hermes sounds warning to rival LVMHFrench luxury brand Hermes has told larger rival LVMH to back off it’s share capital, after LVMH pounced to capture 17% of Hermes. The French regulator is… 03/11/2010
Share purchase boost Hermes and LVMHShares in Hermes and LVMH jumped on Monday after LVMH revealed over the weekend that it had built up a stake of 17.1 percent in its smaller rival. LVMH –… 25/10/2010
Hermes bounces backFrench luxury goods group Hermes saw its operating profit rise by 52 percent in the first half of the year. It came in at 304.5 million euros from 199.8… 31/08/2010
Bags of profit for Louis VuittonLuxury item outfit Louis Vuitton, posted a better than expected 13 per cent rise in comparable sales for the first quarter, helped by a strong showing in… 13/04/2010
Watch and jewellery makers more hopefulAfter suffering an extremely difficult year, watch and jewellery makers have gathered in Switzerland for Baselworld, the industry’s biggest trade show. They… 19/03/2010
Richemont earnings beat all forecastsSigns the rich are spending again comes from Richemont group, the name behind Cartier watches and Chloe handbags. Christmas sales beat all forecasts, with… 18/01/2010
