Louis Vuitton acquires Tiffany for $16.2 billion in Cash

LVMH Group, owner of Louis Vuitton (along with dozens of other luxury brands) announced Monday that it has reached an agreement with Tiffany to acquire the American jewelry company. The consideration in the More...

How The Super Rich Spend Their Money

accounted for a massive slice of the global luxury goods market last year. Across the world, the super rich spent almost $438 billion on fancy cars in 2014. Personal luxury items like perfume, jewellery More...

Marc Jacobs makes changes at the top as it looks to its IPO

– Marc Jacobs International has appointed Sebastian Suhl its new CEO –   High fashion firm Marc Jacobs International has appointed Sebastian Suhl its new CEO. The move comes as the company More...