Net-a-Porter to launch IPO? – 30/3/2015

Could we see another luxury IPO anytime soon? The luxury industry is rife with talk at the moment of Richemont looking to launch an IPO for Net-a-Porter Group. WWD reports that Richemont has declined to comment on speculation in the press last week that it’s mulling an initial public offering of the luxury e-tailer,

Karl Lagerfeld exhibition opens in Germany – 30/3/2015

There is no disputing that Karl Lagerfeld is king when it comes to fashion. Seen as an icon, he is described as a visionary who is always one step forward and let’s face it.. he knows how to launch a good collection too. It would only seem fitting that King Karl has his own

Hermès net year profit jumps by 9 per cent – 26/3/2015

2014 was a very good year for Hermès as their net profit came in 9 per cent higher than a year earlier. Hermès reported that consolidated net income rose 8.7 per cent to €859 million ($AUD1.2 billion). The French luxury house’s operating profit increased by 6.7 per cent to €1.3 billion ($AUD1.8 billion) with