The first contemporary luxury brand from China sold to Italian entrepreneur Alessandro Bastagli

Richemont-owned luxury brand Shanghai Tang sold to Italian entrepreneur Alessandro Bastagli. Richemont, the Swiss luxury goods group, announces that it has completed the sale of luxury brand Shanghai Tang to a consortium of investors led by Italian entrepreneur Alessandro Bastagli. For its financial year ended 31 March 2017, Richemont reported sales of € 10 647 … Read more

Morgan Freeman tapped as ambassador for luxury hospitality chain

Mandarin Oriental announced new celebrity fan for global brand advertising campaign American actor, film director and “golden voice” Morgan Freeman has become the latest brand ambassador for luxury hotel group the Mandarin Oriental. The luxury hotel group is elegantly connecting itself with well-recognized symbol and international celebrities who regularly stay at the Group’s hotels. Morgan … Read more