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Luxury Daily's live news: Peninsula Beverly Hills sues Hilton for alleged corporate espionage, unfair practices to “jump start” Waldorf Astoria Beverly Hills; French fragrance brand Creed sells majority stake to BlackRock private equity group; Burberry lays charm on Parisian shoppers with Printemps takeover; Hermès 2019 revenue up 15.4pc to $7.47B, net profit at $1.66B.

The owners of The Peninsula Beverly Hills filed court papers accusing Hilton of allegedly engaging in corporate espionage and unfair business practices by stealing thousands of proprietary documents to “jump start” the opening of the rival Waldorf Astoria Beverly Hills, located across the street.

BlackRock Long Term Private Capital has agreed to become the new majority shareholder in Creed, a storied fragrance brand that supplied perfumes to Britain’s George III and Edward VIII, France’s Empress Eugenie, Monaco’s Princess Grace and U.S. entertainer Frank Sinatra.

The custom-built space and windows will draw inspiration from animals, acknowledging the fascination with that subject’s power and symbolism for Burberry chief creative officer Ricardo Tisci and the house’s Victorian-era founder, Thomas Burberry.

Revenue from stores was sustained and growth posted in all global markets where Hermès has a presence.

British automaker Rolls-Royce Motor Cars has formally launched its own exclusive members’ club, offering unique experiences and access to products and services. Only one requirement for membership: ownership of a new Rolls-Royce.

Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, April 15 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, La Perla, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics, Luxury Portfolio International and LVMH’s Starboard Cruise Services.

LVMH-owned Spanish fashion house Loewe wants consumers to speak up in its ongoing advertising campaign featuring outspoken soccer star Megan Rapinoe.

The most striking issue is that consumerism is growing in China, but so too is the wealth gap in Chinese society. It is this change that might have catastrophic consequences for the economy.

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Luxury Daily's live news: Cunard, amid travel slowdown, marks 180 years afloat with fleet-wide sale; Significant gaps between customer expectations for personalization and retailer execution; Burberry, simulating in-store experience, debuts augmented reality shopping tool via Google Search; Neiman Marcus offers limited-edition Aston Martin, Omega timed with new Bond movie.

Sam Bright, vice president and general manager of verticals at eBay, discusses how the mega ecommerce platform has successfully infiltrated the secondary luxury watch market in an increasingly competitive field.

Luxury Daily's live news: Cunard, amid travel slowdown, marks 180 years afloat with fleet-wide sale; Significant gaps between customer expectations for personalization and retailer execution; Burberry, simulating in-store experience, debuts augmented reality shopping tool via Google Search; Neiman Marcus offers limited-edition Aston Martin, Omega timed with new Bond movie.

The 180th Anniversary Sale will be applicable only on voyages booked between Feb. 28 and May 18, incenting affluent consumers to shop with a sense of urgency.

Top among them are personalized promotions and personalized rewards.

Burberry has debuted a new augmented reality shopping tool through Google Search technology to allow consumers to imagine the British fashion label’s products around them.

U.S. department store chain Neiman Marcus partnered with British automaker Aston Martin Lagonda to offer on its fantasy gift list the Aston Martin DBS Superleggera, designed by none other than outgoing 007 actor Daniel Craig.

India will become an attractive target market for luxury marketers as the country’s middle class grows and disposable incomes rise among consumers that are ahead of the curve on digital adoption rates.

Register now for Luxury Daily's fourth annual Women in Luxury conference Wednesday, April 15 in New York. Meet with speakers from BMW, Chanel, Piaget, Apple, La Perla, Moët Hennessy, Ritz-Carlton, Mandarin Oriental, Maison Atia, Diamond Producers Association, Forrester Research, Ana Andjelic, Shanker Inc., Accenture, Modern Luxury, Worth, Meredith’s Travel + Leisure, China Luxury Advisors, Sedhom Law Group, Reputation Dynamics and Luxury Portfolio International.

Just to put things into perspective: In 2000, only 10.5 million Chinese traveled abroad, but in 2017, there were 145 million cross-border trips taken by Chinese tourists. Nowadays, Chinese visitors represent 10 percent of all international tourists – and they are big spenders.

Roman jeweler Bulgari has launched a new advertising campaign called "Mai Troppo," which translates into "Never too much" in a campaign that matches Rome's flamboyance with the models' jewels.