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Fendi Unveils Restored Palace at The Heart of Rome

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    Fendi has unveiled its newly restored Palazzo Fendi in the heart of Rome. The Italian luxury brand store was restored to woo the richest shoppers of Europe as well as the wealthiest shopper’s across the world. The hotel which also stands as flagship store of Fendi’s offer more than just world class, fashionable products to their loyal and potential new customers but also an adventure of a lifetime. Fendi is following the strategy of Louis Vuitton, another luxury brand in which they are making the wealthiest shoppers feel even more special by giving them exclusivity. The luxury brand industry is slowing down so it is becoming a challenge for luxury labels to stay on the top. Fendi is looking at Canada and Australia as potential new markets as China’s demand for luxury brands slowed down. They are tapping the online market, targeting Japan and several countries and looking to change the price policy for their products by charging online customers the same price as i...

Cotroceni Palace | Romania

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From Wikipedia, the free encyclopedia Cotroceni Palace is a palace in Bucharest which is the residence of the President of Romania, located at Bulevardul Geniului, nr. 1. On Cotroceni Hill, in 1679, Şerban Cantacuzino built a monastery. This was the place where a palace was built by French architect Paul Gottereau for King Carol I of the Romanians in 1888. In 1977, Nicolae Ceauşescu made the palace a guest house, and the old church of Cantacuzino was demolished in 1985. Since 1991, Cotroceni Palace has been the residence of the Romanian President. The National Cotroceni Museum is open to the public.   During the time when Ion Iliescu was president, the press reported that an owl had settled in the park which surrounds Cotroceni Palace. In Romanian folklore, an owl is said to be a funerary bird that announces the imminent death of somebody, as the hooting of the owl is likened to a mourning call. For this reason, it is alleged that a hunter was hired to shoot the owl. The Cotrocen...