Monday 29 December 2014
 
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LVMH

Demand boost for luxury brands

Strong demand for luxury brands from developing markets drove a 33 per cent rise in fourth quarter sales at Burberry, sending the British group's already buoyant shares to a new high. Burberry's better-than-expected sales figures came a da

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Orascom Holdings, LVMH in luxury hotel deal

Orascom Development Holdings, developer and largest owner of hotel rooms in Egypt, and LVMH, an international group with over 50 luxury brands, have signed up to build two luxury resorts, one in Oman and another in Egypt. The French l

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