End of September, Galeries Lafayette will shut off part of Boulevard Haussmann in Paris and transform the area to a giant stage for the world's largest catwalk. Models? They are "people from the street", who will show off their own fashions.
French luxury goods group Hermes reported on Tuesday a near 23-percent surge in first half sales and doubled its revenue forecast for the year, in an indication the market for high-end products is vibrant.
USA's #1 Online Rolex Watch Retailer thanks Germany's stable economy and more disposable income to the luxury spending that continues. Melrose Jewelers have taken market share on Rolex's sold in Germany.