Prada Milano

Prada announces retail strategy in Middle East

Prada said on Wednesday it will open stores across the Middle East as part of a joint venture with Emirates luxury retailer Al Tayer Insignia to develop a new retail network. “The joint venture company, headquartered in Dubai, will oversee the roll out of Prada and Miu Miu stores across the region, leveraging on Al [...]

China Luxury Customer

China gets the luxury goods – but maybe not the style

A rise in the spending power of China‘s younger consumers is apparently not helping them when it comes to picking up a little style at the same time. Mainland Chinese media have this week picked up on a report released by the Hong Kong Institute of Fashion Buying and given it a interesting spin, saying [...]

caviar factory

Abu Dhabi to build largest caviar factory

Abu Dhabi is closer to building the world’s largest caviar farm after two dozen live sturgeon were flown from Frankfurt in last month. The fish arrived at the world’s largest aquaculture plant in Abu Dhabi, a new 60,000 square meter facility that is expected to produce 32 tons of caviar a year. The notion of [...]

Christian Louboutin heels

Louboutin sees red, sues YSL over soles in US

French footwear star Christian Louboutin has filed suit against rival Yves Saint-Laurent in New York, alleging a deceitful use of red soles on YSL‘s women’s shoes. The million-dollar suit for “trademark infringement, unfair competition and false designation of origin” filed on Thursday in Manhattan claims Louboutin was the first to come up with the idea [...]

prada spring summer 2010 China

Prada considers Hong Kong IPO

Italian luxury goods company Prada is set to file a listing application for a Hong Kong IPO that could be worth almost $2 billion, Reuters reports. The Milan-based company, known for its colorful Miu Miu dresses and Prada handbags, planned to list in Hong Kong at the end of June. Prada would be only the [...]

Miu Miu E-Commerce

Miu Miu launches first e-commerce

For being one of the fastest-paced industries, fashion has sometimes been remarkably slow in jumping on the online bandwagon. One of the brands that took especially long to get selling on the internet is Miu Miu, which finally launches its first e-shop on April 6. According to Women’s Wear Daily, the site will feature all [...]

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