Hotel heirs keep style in the family

Wednesday 14th April 2010

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Matilde Salvo Bocca and brother Bernabò, second-generation co-owners of SINA Fine Italian Hotels restored and opened The Centurion Palace in Venice, adding it to the hotel empire began by their father, writes Margie Goldsmith

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Richemont remains cautious despite sales hike Swiss-based luxury goods group Richemont has seen sales jump in the five months to 31 August, boosted by the acquisition of online fashion business NET-A-PORTER.COM and increasing demand from Asia.

Drinks group scrapes out a full-year profit Pernod Ricard, the Paris-based drinks group, recorded a rise in profits in 2009/10 despite seeing a slight drop in revenues.

LVMH continues push into Asia with luxury acquisition Family-controlled luxury group LVMH has continued its push into Asia by taking a stake in China-based Emperor Watch and Jewellery Ltd through its private equity fund L Capital Asia Advisors.

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