The most powerful street-legal Ferrari was recently unveiled. The Ferrari F12 Berlinetta, designed by Iacoski Design, has a top speed of 340km/h and can go from 0 to 100km/h in 3.1 seconds.

Moutai and Wuliangye are two Chinese high-end alcohol brands that you may not have heard of but that are among the best-selling luxury liquors in the world and among the 10 most valuable luxury brands overall. It is estimated that Moutai’s brand value is at $12 billion and Wuliangye’s is at $7 billion.

Founded in San Francisco in 1852, Shreve & Co. is the Bay Area’s premier luxury retail jeweler. The company will be showcasing several historic pieces courtesy of the Petra and Greg Martin Collection for a limited time.

The second iteration of YOU CAN’T FAKE FASHION campaign was launched last week by eBay and the Council of Fashion Designers of America. The campaign was designed to raise awareness against counterfeit goods and celebrate original design. The spring tote collection includes 76 customized designs and four unique totes styles, including one by Kate Spade.

Several Russian record labels are bringing forward claims against mobile companies, which they claim did not pay them royalties for the public use of musical content for personal purposes. The Russian Union of Right-holders is the official representative of the record labels’ interests and is claiming that specifically Nokia and Samsung owe Russian record companies approximately $40 million in author’s royalties.

Fashion mogul Karl Lagerfeld has just launched his new website, Karl.com, which is being called the “Official Online Boutique by Karl Lagerfeld.” The site was debuted just in time to help promote his new “masstige” line called Karl.

Pitfire Pizza has opened a new location in Los Angeles in the West Hollywood area of the city. The new restaurant location, which opened today, is the company’s fifth location and was designed by architect Ana Henton.

Worldwide manufacturer of innovative bathroom systems has a new collection called AQUA-SENSE, which is expected to become the future of shower design.

Actresses turned fashionistas, Mary Kate and Ashley Olsen will be releasing their special capsule shoe collection for Superga, which will be available exclusively at Harvey Nichols at the end of March. The twins were named the brand’s creative directors in September 2011.