Belmond inaugurates a new rail route at the bottom of the Alps
Luxury Tribune
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The luxury hotel group Belmond - now owned by the LVMH empire - has announced the inauguration of a new exclusive itinerary at the bottom of the French Alps in December 2023, aboard the legendary Venice Simplon-Orient-Express train. A strategic sector that the rival group Accor also intends to occupy with its Orient Express trains.
A turning point in the fight against counterfeiting
In the lawsuit between the GAFA giant Amazon and the luxury shoe brand Christian Louboutin , the decision seems to be in favour of the latter. A few days ago, the famous shoe brand announced that the Court of Justice of the European Union considered Amazon to be potentially responsible for the sale of counterfeit products, either distributed directly by the delivery giant or sold on its platform by third parties.
The luxury sector performs well on the Paris stock exchange
Since the announcement of the easing of sanitary measures in China, the LVMH share jumped by +2.43% to 690 euros at the beginning of the week on the Paris stock exchange. Meanwhile, on Tuesday, the Kering group's share price was 479.95 euros, whereas on Friday 23 December, before the Christmas festivities, the share price was around 472 euros.