Natura &Co has signed an agreement with L’Oréal, selling the Australian luxury beauty brand Aēsop at an enterprise value of USD 2.525 billion. In [L’Oréal Groupe’s website](https://www.loreal.com/en/press-release/group/l-oreal-signs-an-agreement-with-natura-and-co-to-acquire-aesop/) , an...
Coventry Motors Corp., distributor of Land Rover in the Philippines, revealed the New Range Rover Sport on February 28th at the Solaire Resort and Casino poolside. The new Range Rover Sport redefines sport luxury, combining on and off-road performance with Range Rover refinement and sophistication....
A major exhibition of the most iconic designs from the 102-year history of this revered Italian brand Gucci archive space at Palazzo Settimanni in Florence, Italy (Agnes Berdeni) “Gucci Cosmos” is a major new exhibition of Gucci’s most iconic and timeless designs from its 102-year history. A...
Pharrell Williams joins Louis Vuitton (and maybe takes it to new heights) By Maggy Donaldson Pharrell Williams is the superstar behind scores of music’s earworms, whose agelessness, sharp taste, and forays into design have also made him a fixture on the fashion circuit for decades. The pop...
Capri Holdings appoints Cedric Wilmotte as CEO Cedric Wilmotte is currently Versace’s chief operating officer. Prior to his time at Versace, Wilmotte led the Michael Kors EMEA (Europe, Middle East, and Africa) business from its inception in 2008 through 2021. Capri Holdings Limited (NYSE:CPRI), a...
President Ferdinand "Bongbong" Marcos Jr. has deemed "reasonable" the proposal to increase taxes on luxury goods from 20 percent to 25 percent. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) "alagay ko naman (I think), it’s reasonable that we will tax the consumption side of those who...
The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the imposition of higher taxes on luxury items, but not the “wealth tax”, to help address the country’s huge budget deficit. PCCI President George T. Barcelon raised this proposal in reaction to clamor to impose wealth tax,...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
Amid calls to impose higher taxes on the rich, Albay 2nd District Rep. Joey Salceda on Monday, Jan. 16, revealed plans to tax luxury items, such as wristwatches, bags, beverages, and paintings, among others. (Photo from the office of Albay Rep. Joey Salceda) This came after international...
Mercedes-Benz C180 Avantgarde Luxury is all about indulging in conveniences, especially those you’ve worked hard for. As such, there can be no better way to reward yourself than with one of the gold standards of luxury sedans, the Mercedes-Benz C-Class. Now in its 5 th generation, the C-Class has...
Arm candies of the moment The best films are something that you watched so many times and yet still able to surprise you with some of its elements—or at least made you think and dig deeper about a scene. One of the movies that never failed to grab the attention of fashion savants is the 2006...
The National Capital Region Police Office (NCRPO) has refuted claims that it owns a luxurious Toyota Alphard vehicle, a photo of which went viral on social media. Courtesy of PNP PCADG A photo of a white Toyota Alphard with hood markings “PULISYA” and Philippine National Police (PNP) logo on...
