Monthly Archives: June 2007

The Fixer

14/06/2007

The worldwide luxury market is estimated to be worth $200 billion, and is expected to grow by 10 percent in 2007, according to Pierre Mallevays, managing director of Savigny Partners LLP, a corporate finance and mergers and acquisitions firm in London.

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India – A Field of Dreams

From the press commentary and the increasing frequency of launch parties in Mumbai and Delhi, it would seem that India cannot get enough of luxury brands. Latest to stake its interest, Hermès has just announced it established a joint venture company to open stores in India, with a first unit expected in New Delhi.

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