LUXURY

Sotheby’s, eBay to auction “Important Watches” via shared platform

Sotheby’s New York headquarters Auctioneer Sotheby’s is gearing up for its first high-end watch sale by bid since partnering with online auction site eBay, which is scheduled for June 11. Last summer, Sotheby’s and eBay partnered to develop a digital platform that enables consumers to easily browse artwork, antiques and collectibles. Through the partnership, eBay has granted its 145 million active buyers access to Sotheby’s expertise, auction experience, artwork and

Beyoncé fans vexed by $20K Armand de Brignac Champagne dumping

Gold bottles of Armand de Brignac Pop star Beyoncé Knowles-Carter has received negative feedback on her latest music video due to the high-end Champagne featured in a particular scene. In Beyoncé’s music video for “Feeling Myself,” which features rapper Nicki Minaj, the pop star reportedly dumps a $20,000 bottle of Armand de Brignac Champagne into the water of a hot tub. The Champagne brand, owned by Beyoncé’s husband Jay Z

Floris London hosts happy hour, tea centered on summer scents

Floris London’s Bergamotto Positano British perfumer Floris London is inviting consumers to “thirsty Thursdays” at its 89 Jermyn Street boutique to explore its By Request summer fragrance. For the month of May, Floris has invited enthusiasts to join the brand for a drink every Thursday from 5-7 p.m. Programs such as this one give consumers a social reason to visit the boutique that is rooted not in sales, but getting

Michael Kors to open distribution center to met rising demand

Affluent consumers spend when they travel; image courtesy of Michael Kors U.S. fashion label Michael Kors is working to better serve its European consumers with a state-of-the-art distribution center in the Netherlands. Located in Trade Pont North in Venlo, the new European Distribution Center (EDC) will soon break ground to service Michael Kors’ European and Middle Eastern retail, wholesale and ecommerce needs. The 1 million square-foot distribution will help Michael

Fendi sketches Karl Lagerfeld’s career at house with anniversary tome

Karl Lagerfeld during the book launch party Italian fashion house Fendi is celebrating the 50-year tenure of head designer and creative director Karl Lagerfeld with an exclusive book. The book launch was held during the Cannes Film Festival with models such as Kendall Jenner and Chanel Iman in attendance, and the occasion also marked the opening of Fendi’s new boutique in Cannes. Fendi’s “Fendi by Karl Lagerfeld” offers consumers a

Japan, Western Europe lead luxury market in Q1: Bain

Steinway and Sons in the Integral House Currency fluctuations drove uneven growth in the luxury market in the first quarter of 2015, according to a new report by Bain and Fondazione Altagamma. Over the past 15 years, the global luxury market has increased from 140 million to 350 million consumers, and touristic shopping now accounts for more than 50 percent of luxury shopping. The globalized, fractured nature of luxury market means

Brioni honors anniversary with limited-edition pieces

Brioni celebrates 70 years Italian fashion label Brioni is celebrating its seven decades of menswear with 70 limited-edition pieces. The first limited-edition item is a pair of 18-karat white gold sunglasses. Seventy items will appear in the series of unique pieces drawing repetitive attention to the anniversary, a common concept among many luxury brand celebrations. Happy times Brioni sent an email to its loyal consumers with an explanation of the celebration

Carolina Herrera sponsors Frida Kahlo exhibit focusing on botanical works

Frida Kahlo exhibit at NYBG Designer Carolina Herrera is honoring the artist who has provided inspirations for fashion by sponsoring the New York Botanical Garden’s Frida Kahlo: Art, Garden & Life exhibit. Fourteen of Kahlo’s paintings and works will be on display inside the Enid A. Haupt Conservatory, and Carolina Herrera will also continue the theme at the Conservatory Ball this June. Teaming with a world-renowned artist at a prestigious

Can China rescue economies of Russia, Brazil?

Ritz-Carlton Moscow As Russia remains marooned in the West and Brazil’s economy enters intensifying turbulence, China is lending a hand, further flexing its diplomatic might. Two countries that depend on the oil industry, Russia and Brazil have been hit hard by plunging prices. Add to that economic isolation and a weak ruble for Russia and corruption and social unrest for Brazil, and both economies begin to lose the luster of the

Alibaba refines authentication practices in face of Kering counterfeit lawsuit

Gucci’s Lady Web handbag is the focus of the campaign Luxury conglomerate Kering has filed a lawsuit against Chinese ecommerce giant Alibaba, claiming the retailer has been facilitating the sale of counterfeit goods. Kering, along with its brands Gucci and Yves Saint Laurent, filed the lawsuit in a U.S. district court in New York May 15, stating that the online retailer has been allowing, and possibly encouraging, the sale of