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Italian tax authority nabs Giorgio Armani – 22/04/2014

What is it with the Italian designers and Tax isshues! It’s a roll-call of fabulous fashion folk doing the samba behind the former PM Berlusconi… so the normally ‘very appropriate’ Giorgio Armani is handing a wad of Euro’s to Italy’s internal revenue service for … well.. due taxes, a mere oversight?! WWD reports that the Giorgio

Two English brands that couldn’t be further apart. Burberry still popular whilst Mulberry has a moment – 22/04/2014

Strong sales in Asia assisted Burberry post a 19 per cent rise in second-half revenue, despite fears of the high-end retail market in China cooling down. The historic luxury house posted revenues of £1.3 billion in the six months to March 31, driven by double-digit percentage comparable sales growth in China and Korea. Retail revenue

LVMH adds burgundy to their portfolio – 17/04/2014

Burgundy could be the new luxury accessory with the news that LVMH have bought the Clos des Lambrays vineyard, adding to its holdings in Bordeaux, Champagne and the New World. Bloomberg reports that the acquisition, for which no price was disclosed, is for an 8.66 hectare (21.4 acre) vineyard which produces Clos des Lambrays