Friday, 9 Mar 2012 | Posted By:
| Source: CNBC.com
As the world’s biggest watch a jewelry fair opens its doors to 100,000 visitors in the Swiss town of Basel on Thursday, chiefs from some of the most exclusive luxury brands told CNBC they were optimistic about 2012.
French wine and spirits maker Moet Hennessy wants to produce a super-premium red wine at the foot of the Himalayan mountains in southern China, targeting the palates of the country's wealthy wine drinkers, in a move whose results won't be known for years.
Over the next five years, Brazil's consumption of personal care and beauty products will outpace that of developed markets including the U.S., making the country ripe for industry expansion... Read More