Chinese consume 27.5% of world’s luxury goods

China has replaced the US to become the world’s second largest luxury goods consumer, only second to Japan, according to a report by World Luxury Association. The report also said Chinese people consume about 27.5 percent of the world’s luxury products. Luxury goods consumers in China are mainly aged between 20 and 40 with a … Continued

Ronaldo strips for Armani – Video

Soccer star Cristiano Ronaldo strips down and flaunts those famous abs of his for the S/S 2010 campaigns for Emporio Armani Men’s Underwear and Armani Jeans. The 24-year-old Portuguese stud, who plays for Spanish club Real Madrid and the national Portuguese team, replaced David Beckham who has been the spokesmodel for Emporio Armani Men’s Underwear … Continued

Giacometti Sculpture Fetches Record $104M

Alberto Giacometti’s “L’Homme Qui Marche” set a record for the most expensive piece of art ever sold by auction when it was sold on February 3. The Swiss artist’s characteristic sculpture of an elongated figure in bronze garnered a record-breaking 65 million pounds ($104.3 million) when it went under the hammer at Sotheby’s in London. … Continued

Top 10 Most Expensive Cars

What is the most expensive car in the world? The 1931 Bugatti Royale Kellner Coupe was sold for $8,700,000 in 1987. However, that car and many alike will not be included in this list because it is not available on the market today. DON’T MISS: THE WORLD’S PRICIEST VINTAGE CARS US financial magazine Forbes published February … Continued

Cristiano Ronaldo For Giorgio Armani

Cristiano Ronaldo has been featured in new ads of the Spring/Summer 2010 campaigns for Emporio Armani Men’s Underwear and Armani Jeans. In the new pictures that have been released by the famous clothing line, the 24-year-old athlete is seen taking off his clothes and baring his abs.

Hermes launches Shang Xia brand in China

This spring, Hermes plans to launch a new brand, called Shang Xia (meaning “topsy-turvy” in Mandarin), in the lucrative Chinese market. It’s an interesting move from Hermes, who generally tends to buy all or part of existing brands. Shang Xia will include ready-to-wear and decorative arts inspired by Chinese culture and traditions of craftsmanship.

Bugatti unveils 3 exotic models for Dubai

Bugatti chose the Dubai Motor Show to conclude its Centenary celebrations by unveiling three special editions of the Veyron supercar. The “Sang d’Argent” and the Grand Sport “Soleil de Nuit” are one-off models while the “Nocturne” will be limited to five cars only, all of them available exclusively to Middle East customers. The first two … Continued