Today marks the start of one of biggest auctions in vintage designer sale history. Heritage Auctions have launched Heritage Vintage. As many may know Heritage Auctions are the world’s third largest auction house and the largest collectibles auctioneer, established in 1976.

After a year of mourning the victims of Japan’s earthquake in March 2011, there will be a concert held in the Moscow Kremlin to show support of victims that have been sadly devastated by the aftermath in May.

The City of Moscow has decided to upgrade and expand their infrastructure for the third consecutive time by doubling their annual funding for projects. This year alone, the city is expected to spend more than 100 billion roubles for efforts to expand.

Gianni Versace has done it again. The fashion powerhouse has always been known for their iconic brand of style, but this time they’ve managed to bring a vintage-like feel with their breath-taking Gold Draped ‘Oroton’ dress.

Just after a week of opening, Napa Valley Biscuits have taken an unexpected turn to close after last Saturday at 2:30pm. Owners Chef Curtis and wife, Tara Lindley have decided to close their brand new restaurant in hopes to remodel and make more room for additional food storage, refrigerators and frying equipment.

Asia’s expansion in their operations, with an increase in companies has caused a rise in property prices. According to ECA International, a human resources consulting firm that has conducted a new study, has recently found out based on luxury homes, Hong Kong is the most expensive city.

For 2012 China is on a roll. First, beating out India for holding a record of the world’s largest consumer of Gold, now China has set another record, but this time it beats out the US for the highest demand in luxury watches.

Asia’s expansion in their operations, with an increase in companies has caused a rise in property prices. According to ECA International, a human resources consulting firm that has conducted a new study, has recently found out based on luxury homes, Hong Kong is the most expensive city.

As of March 5th, LVMH names Sebastian Suhl as CEO of Givenchy, according to an article published by WWD. Suhl has been a well-known chief operating officer for Prada since 2009 until last November.