LVMH acquires Tiffany for $16.7bn

Bernard Arnault’s luxury LVMH is set to buy Tiffany & Co for $16.7bn, after the US jeweller negotiated to raise the offer by $600m to clinch an agreement. Europe’s richest man and his group can restore Tiffany to its former glory as one of the top brands in global luxury. The boards of both companies…

French Luxury group LVMH pounces on Tiffany with a $14.5bn takeover bid

Tiffany is expected to rebuff an unsolicited $14.5bn takeover approach from Bernard Arnault’s French luxury group LVMH. Tiffany’s adviser were yesterday still examining the surprise indicative offer from LVMH, the world’s largest luxury group by sales. The all-cash offer came earlier this month which pitches Tiffany shares at $120 per share at that time. Shares…

H&M cash in on hair styling and vegan cosmetics with fewer clothes

A streamlined Hennes & Maurtiz store, decluttered in  Karlaplan, affluent district of Stockholm, started crucial experiment which could turn the fortunes of the Swedish purveyor of cheap chic. H&M struggled for profitability in the wake of tough competition from Zara, owned by Spain’s Inditex,  whose fashion were sharper. Menswear has been ditched so the selection…

Downside of vaping illness

  Nearly 3 million people in UK uses Vaping and e-cigarettes, which is inhailing a mix of nicotine and heated oil which is often seen as an alternative to smoking which can help you quite but its safety is still very much in the dark.  In the US however, the potential risks are in the…

New trend to attract the rich and elite

Audemars Piguet’s new presence in London’s Bond Street with brass plague and a small flag is tapping into the value of discretion that is inherent in the concept of luxury, like a private member’s club than conventional watch shop. Wealthy customers invited to the venue for dinner and drinks will find plasma screens and deep…

Rihanna is the world richest female musician with £471m fortune

According to Forbes’ annual Rich List, Rihanna is the richest female musician in the world with an estimated fortune of $600, ( £471m) with the majority of that coming from her Fenty Beauty range. She’s overtaken Madonna and Beyonce, who previously topped the list. The 31- year-old has been putting her efforts into her beauty,…

Rihanna launching new Fenty fashion line LVMH

  Rihanna, one of the best-selling music artist worldwide, has teamed up with LVMH to create luxury clothing and footwear brand, making the largest luxury group by revenues. Luxury brands like Christian Dior, Dom Perignon Champagne and Sephora owner said the new brand of ready-to-wear shoes and accessories would be named Fenty ready for spring…

The New Murano Gallery: Murano Europe’s elite glassmaking factory

  Seventh century’s traditional and famous Murano glass from the Venetian island is world beater located off the shore of Venice, Italy, the lagoon city’s historic and artistic glass factory connecting the historic buildings. Italian artisans are keen to avoid mass-produced generic but produce premium handmade, painstakingly rendered, authentic to get a sense of real…

Ted Baker To Offer Up Complimentary Movember Grooming

Sharpen up for a good cause November heralds a month of moustaches (of varying success rates) thanks to the Movember charity appeal. For 30 days the non-whiskered become the whiskered – it’s hirsuteness’ moment in the sun! – helping to raise funds and awareness for men’s health issues. This year, Ted’s Grooming Room – Ted Baker’s space…