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luxury

March 26, 2013

Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish.

The spread of luxury is the story of the early 21st century. Take this fact: Louis Vuitton, which started life as a trunk-making business in Paris in 1854, will soon open a swanky new store in Kazakhstan. This follows the opening of a massive new store in Shanghai, right at the heart of what was once a hardline Communist state. Luxury goods are the quintessentially modern products, charting the spread of wealth and aspiration to the most unlikely places. Campden looks at five things that luxury brands have to do if they are to flourish in this strange new world.

March 4, 2013

Frank Wang, 32, founder and CEO of LuxSea, on luxury, entrepreneurship and why China could be the new Japan.

Frank Wang (pictured, below), 32, founder and CEO of LuxSea, on luxury, entrepreneurship and why China could be the new Japan.

My family business is in the energy sector. My grandfather was the founder of Huaneng Group, which is one of the biggest electricity generating companies in Asia. It was the first Chinese company to go public on the NYSE and is in the Fortune 500.

June 21, 2012

Do luxury brands have a place in an ethical portfolio? CampdenFB takes a look at the growing trend for sustainability among high-end companies and how family offices can get in on the action.

Luxury and sustainability do not seem like natural bedfellows. In fact during the worst excesses of the boom years, they appeared to be polar opposites. For some, luxury was synonymous with excess, waste and a culture that seemed to know the price of everything but the value of nothing. We live in different times today and the whole concept of luxury is undergoing something of a rethink.

July 4, 2011

Ever since European royalty started holidaying and building villas in Cap Ferret, Cannes and St Tropez in the 19th century, the South of France has been the preferred Mediterranean second home destination for the super rich. Campden takes a look at some of the hot properties in South France in an interactive graphic. 

Ever since European royalty started holidaying and building villas in Cap Ferret, Cannes and St Tropez in the 19th century, the South of France has been the preferred Mediterranean second home destination for the super rich. Name nearly any famously wealthy European industrialist, Russian oligarch, or movie star and the chances are they either have or have had a villa somewhere in the beautiful South of France. Campden takes a look at some of the hot properties in South France in an interactive graphic.

January 17, 2011

Privately owned real estate and entertainment company, the Trump Organisation, has announced plans to enter the Indian property market with a luxury residential tower in the city of Mumbai.

Privately owned real estate and entertainment company, the Trump Organisation, has announced plans to enter the Indian property market with a luxury residential tower in the city of Mumbai.

The New-York based company, owned and managed by Donald Trump, is to work with Indian developers Rohan Lifescapes for its first venture in India, said a report in Bloomberg.

Executive vice president, Donald Trump Jr, told Bloomberg: "The market place (in India) is beginning to understand and appreciate luxury, so there is a great opening for us there, as well as in resorts"

January 7, 2011

The founding family of Hermes International, the luxury scarves and handbag maker, was granted the right on 6 January to create a holding company to pool family shares without having to bid for the rest of the company.

The founding family of Hermes International, the luxury scarves and handbag maker, was granted the right on 6 January to create a holding company to pool family shares without having to bid for the rest of the company.

The decision, which was taken by the French stock market regulator the Autorite des Marches Financiers, gives the family better protection against the unwanted advances of fellow family-owned luxury group Moet Hennessy Louis Vuitton.

January 5, 2011

French regulators will debate on 6 January whether the plan proposed by Hermes family shareholders that would prevent a hostile takeover of the company can be allowed under antitrust laws.

French regulators will debate on 6 January whether the plan proposed by Hermes family shareholders that would prevent a hostile takeover of the company can be allowed under antitrust laws.

The family, who controls 73% of the Paris-based company, met in December to set up a holding company, which will control more than 50% of Hermes and have the first right to purchase any of the remaining family-owned shares as and when they are sold.

December 10, 2010

PPR, the France-based luxury goods group owned by the Pinault family, announced 9 December that it is in exclusive talks to sell its furniture and electrical equipment retailer Conforama to Steinhoff International.

PPR, the France-based luxury goods group owned by the Pinault family, announced 9 December that it is in exclusive talks to sell its furniture and electrical equipment retailer Conforama to Steinhoff International.

The deal would see South Africa-based Steinhoff pay €1.2 billion in cash for 100% of Conforama and would assume the net debt of the European company.

August 26, 2010

The Asprey family has been in the business of selling luxury goods for seven generations. William Asprey tells Claire Adler how he is putting his own stamp on his business

The seventh generation of the Asprey family to specialise in the sale of luxury goods, William Asprey, sits in a roomy office behind the shop, his desk and bookshelves brimming with books. They detail some of the finest collectibles, old and new, that money can buy – from auction catalogues, to a volume chronicling the works of one of the world's most exclusive jewellers, Buccellati, and a book about antique and rare steel watches recently exhibited by Francois Paul Journe. Huge paintings of William Asprey's father, John, and grandfather, Eric, adorn the walls.

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