PARIS, France — French billionaire Bernard Arnault wants you to spend the night and eat his pastries. After decades of acquiring luxury goods that consumers can drink and wear, the chairman of LVMH Moet Hennessy Louis Vuitton SA last week bought a five-star hotel in St. Barths and in June added a storied Milanese cafe, accelerating his push to meet all his well-heeled clients’ earthly needs.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The Philippines has long been overshadowed by its larger neighbours and underestimated by international fashion brands. Now the country is reporting faster economic growth than China. BoF reports.
With hundreds of Autumn/Winter advertising campaigns set to populate major fashion magazines, Internet forums and social media platforms like Tumblr, Facebook and Pinterest, BoF picks the Top 10 Campaigns of the Season.
SINGAPORE — Facing each other across Singapore’s Orchard Road shopping belt, the malls owned by Singapore Press Holdings Ltd. and Overseas Union Enterprise Ltd. have competed for shoppers. Now, they will compete for investors.