Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

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LONDON (Reuters) – U.S. retailer Michael Kors (KORS.N) agreed to buy luxury shoemaker Jimmy Choo (CHOO.L) for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner. … Read More

TheTopTier reveals the best luxury sharing economy services

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The sharing economy has exploded in markets as a different way of marketing services and acquiring capacity for just about anything. The sharing economy has its roots in the luxury business and the category has seen an explosion of services … Read More

Louis Vuitton Launches eCommerce Site In China

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French fashion brand Louis Vuitton, part of LVMH, announced that it has launched an eCommerce website in China. According to Reuters, the move comes as the luxury retailer tries to tap into the country’s booming online shopping market. Louis Vuitton, … Read More

Luxury brands look to Australia: 50 different retailers are considering expanding Down Under

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International luxury and premium brands are eyeing off Australia as a prosperous market, with experts believing the local luxury goods market could become more similar to Europe’s in the coming years. Real estate firm CBRE said in a recent trip to … Read More

This $38.5 million Ferrari tops the list of world’s most expensive classic cars

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A 1962 Ferrari 250 GTO is the most expensive car sold at auction Owning a piece of automobile history may give you more than the pleasure of driving around in olden style. Classic, usually luxury, cars, have fetched millions in … Read More

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