Cosmetics chain Sephora has opened a beauty mega-boutique in Shanghai featuring 7,000 products over five floors.

Chateau d’Yquem will not be producing a 2012 vintage after harvest rain prevented the grapes from reaching the levels of concentration required to make the world’s most famous sweet wine.

Luxury brand Louis Vuitton Moët & Chandon, whose portfolio of wine and spirit brands includes names like Hennessy, Dom Pérignon, Veuve Clicquot and Krug, has released a coffee table book that gives readers a behind-the-scenes glimpse at the estates that produce its world famous wines and bubbly.

Luxury-goods giant LVMH Moët Hennessy Louis Vuitton has opened a managerial training center in Singapore, its first outside of Europe.

Luxury giant Louis Vuitton Moët Hennessy LVMH will open a resort hotel in the Maldives in 2013. The resort will consist of 46 luxury villas and the property is currently under construction on the island of Randheli in Noonu Atoll.

“Maldives has (also) become the birthplace of tourism innovation,” Maleeh Jamal, deputy minister of tourism, arts and culture told the e-daily.

Luxury retailer Hermes said Tuesday that it has filed a legal complaint over the manner in which luxury giant and rival LVMH bought a stake in the company in 2010.

“This complaint relates to the terms in which LVMH became a stakeholder in Hermes International,” Hermes said.