Louis Vuitton family wine for Chinese market
A fifth-generation family member of the Louis Vuitton dynasty has launched a wine in Hong Kong developed specifically to cater to the Asian palate.
Winemaker Xavier-Louis Vuitton’s XLV, an exclusive private label, was developed with the Asian drinker in mind, a palate that favors fruit-driven notes and softer tannins in red wines, reports industry publication The Drinks Business.
While XLV has no connection with the Louis Vuitton brand LVMH, the family connection and name recognition is sure to sway consumers in brand-obsessed Hong Kong, notes the story.
Vuitton owns a wine estate near the village of Apt in southern France, which he manages with his son Quentin-Louis who acts as cellar master.
Only the Ventoux wine is made from Vuitton’s estate grapes, while others are made with grapes from the Bordeaux, Rhone, and Champagne regions.
The XLV brand is available through Hong Kong-based online retailer yeswine.com, with prices ranging from HK $360 (€36) for the XLV Ventoux 2010, to HK $2,450 for the XLV Pauillac 2007 or €242.
While Xavier-Louis may be developing a wine made with French grapes for Chinese drinkers, another brand within the LVMH family Moet Hennessy has set its sights on China as a wine-producing nation in its own right, snapping up estates in Shangri-La county in Yunnan Province.
Similarly, Chateau Lafite Rothschild has also begun work on a vineyard in the Penglai region of China’s eastern Shandong province to cater to the country’s growing thirst for premium luxury wines.
China is the fifth largest wine market by volume in the world, having recently knocked Britain into sixth place
LVMH opens training hub in Singapore
Luxury-goods giant LVMH Moët Hennessy Louis Vuitton has opened a managerial training center in Singapore, its first outside of Europe.
The LVMH Asia Pacific Talent Development Centre will focus on developing management talent in Singapore, Hong Kong and Shanghai.
The roughly 6,000-square-foot facility houses numerous training rooms, as well as displays of flagship goods from most of LVMH’s stable of labels.
Patek Philippe Maison Opening in Shanghai
Swiss watch company Patek Philippe last week opened its second store in China, a 13,000-square-foot retail outlet and parlor in Shanghai in the former residence of the British consulate, one of the city’s priciest parcels of real estate.
There the company will show off its collection of watches valued at $16,000 to $240,000, said Thierry Stern, president of Patek Philippe, in an interview.
In addition, the company rolled out a local service center so wealthy watch buyers can maintain their pricey pieces without having to send them overseas.
The brand sells about 55,000 watches globally each year, with Chinese sales accounting for 40% of this figure, though most sales are made outside of China owing to the country’s high luxury tax.
According to a report by the Wall Street Journal, Patek Philippe is hoping that China’s demand for luxury watches will continue, despite concerns that the market is slowing.
Watches have taken a significant hit. Swiss watch exports fell for the first time in three years to 1.73 billion Swiss francs ($1.86 billion) in September, down 2.7% from the year-earlier month, according to the Federation of the Swiss Watch Industry.
China accounted for the biggest decline, as sales of Swiss watches plummeted 28%, according to the data. Hong Kong sales fell 20%
Vogue café to open in Dubai
Vogue has announced plans to open a café for the well-heeled inside the largest shoe store in the world by the end of the year in Dubai.
The Vogue Café will serve international cuisine inside Dubai Mall’s Level Shoe District, which will house designer shoe brands across 8,919 square meters.
Plans are also afoot for a GQ Bar which will open in an as-of-yet unnamed international five-star hotel in the city.
Currently, parent company Condé Nast Restaurants operates a Vogue Café, GQ Bar and Tatler Club in Moscow, with plans to launch more outposts in Istanbul and Kiev early next year
Sexy Sharon Stone for Roberto Cavalli
Roberto Cavalli is pleased to announce Sharon Stone will be participating at the inauguration event for the new Just Cavalli flagship store, which will be held in Corso Matteotti 18 in Milan.
Alexander McQueen Revamp!
On the heels of Gap’s announcement that former COS designer Rebekka Bay would be taking the helm as creative director of the brand, comes another big-name appointment: McQ has tapped former Pringle designer Alistair Carr as head of design, the Telegraph is reporting.
Carr’s first collection for the brand will be for pre-fall 2013/14, and given the designer’s preppy-cool aesthetic, Central Saint Martin’s degree and past stints at Balenciaga, Marni, Chloé, and Pringle, our expectations are pretty high.
Carr will also be working closely with Alexander McQueen’s creative directorSarah Burton, who will still have overall creative control of the diffusion brand.
The timing of the announcement hardly seems coincidental, as Pringle debuted their spring/summer 2013 collection today, just moments before news of Carr’s new post was released.
First campaign image for Saint Laurent Paris!
Saint Laurent Paris — the brand formerly known as Yves Saint Laurent — has offered a photographic glimpse of its upcoming campaign on the social networks.
The picture was taken by none other than the house’s artistic director, Hedi Slimane, who shot the campaign in black and white.
Making reference to two other passions of his, photography and music, Hedi Slimane shot Christopher Owens, who sings in the band Girls.
The first picture of a series of 15 acts as a teaser for the upcoming official Saint Laurent Paris campaign, which is set to be fully revealed in December.
First look at Yves Saint Laurent rebranding
Last month Hedi Slimane made the headlines when it was announced he would rename Yves Saint Laurent‘s ready-to-wear line as Saint Laurent Paris, and now the first images of the rebranding have emerged online.
A picture of a black product box with the new branding on it appeared on the label’s official Facebook page this weekend.
The box has ‘Saint Laurent’ written on it, with Paris appearing in smaller type beneath, surrounded by a simple square black frame.
Valentino sold to Qatar royal family!
On July 12 it was confirmed that Italian luxury label Valentino has been sold to the royal family of Qatar for an estimated $858 million.
Mayhoola, an investment group controlled by Qatar’s royal family, explained its vision for the fashion house — which was founded in 1959 by namesake Valentino Garavani and is famed for its ultra feminine frocks.
“Valentino has always been a brand of unique creativity and undisputed prestige,” said a Mayhoola spokesperson in a release.
“Our vision is to back management for the long term to exploit the full potential of this exciting brand. We believe Valentino is ideally suited to form the basis for a global luxury goods powerhouse.”
Meanwhile, Valentino chief executive officer Stefano Sassi added the new investors will help the brand “reach its full potential.”
As well as acquiring Valentino, the Qatar group also reportedly picked up the M Missoni license, while the Qatar Luxury Group, owned by the Qatar Foundation, acquired French leather goods company Le Tanneur last year.
Sheikha Mozah bint Nasser Al Missned, the glamorous wife of Qatar’s Emir Sheikh Hamad bin Khalifa Al Thani, was behind the creation of the Qatar Luxury Group in 2008, and is considered to be one of the world’s biggest couture collectors
Lionel Messi for Audemars Piguet!
Argentine Football superstar Lionel Messi became a brand ambassador for Audemars Piguet in 2010 and today he gets his own AP.
The Audemars Piguet Royal Oak Leo Messi Limited Edition watch is based on the new 41mm Royal Oak chronograph and will come in three different models!
Limited to just a 1000 pieces, the watch uses hour markers crafted from white gold for the steel version and pink gold for the pink-gold version with the platinum version packing a deep blue dial with contrasting white gold markers.