Zetta Jet Managing Director is being sued for embezzlement while the company uses Chapter 11 process to restructure debt while continuing air travel services.
JAB Holding, owner of Bally, Belstaff and Jimmy Choo, has been divesting its luxury fashion businesses to concentrate on its food & beverage portfolio.
The next Singapore Airlines could be in the wings but with Temasek's acquisition of Stone Island, it seems that local brands are being overlooked. Here are some Singaporean brands the Holding company could consider.
Luxury lifestyle event THE PENANG RENDEZVOUS to showcase yachts, supercars & classic cars, sea planes, helicopters, private aviation operators, properties, art and more
The Swatch Group Half-Year report for 2017 confirms similar analysis from Bloomberg which posted positive recovery of the Swiss watch industry with export growth in June 2017 trending 5.3% higher than the same period in 2016.
It is already somewhat miraculous that high-end, jewel-encrusted handsets have been a trend that have lasted close to 10 years. Luxury phones like Vertu were never meant to be and this also says something about luxury smartwatches.