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John Mayer Sues Dealer Over Fake Rolexes

Posted by Andru Edwards Categories: Celebrities, News,

John MayerJohn Mayer has sued a man for selling him fake Rolexes.

The "Who You Love" singer spent a total of $5 million on what he believed to be a collection of authentic luxury watches from dealer Robert Maron - a friend of Charlie Sheen - back in 2007, but was shocked to find one of the timepieces was a replica when he sent it off for repairs three years later.

According to TMZ, Mayer returned the watch and was given credit to buy another but now wants a refund for $656,000 he spent on seven other watches which Rolex have told him are counterfeit.

Maron is a "watch dealer to the stars" and that's how he met and got close to Sheen, who has even used him as his manager and "media adviser."

Rolex is one of the world's most prestigious watch brands, with the coveted timepieces ranging anywhere from $5,000 with the most exclusive designs costing upwards of $500,000.

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Louis Vuitton Named World’s Most Valuable Luxury Brand

Posted by Andru Edwards Categories: Fashion Designers, News,

Marc JacobsLouis Vuitton has been named the world's most valuable luxury brand.

The French fashion house - whose creative director is Marc Jacobs - took the title for a seventh consecutive year after being valued at $25.9 billion following a study based on analysis of company performance and consumer interviews conducted by global research company Millward Brown Optimor.

Louis Vuitton beat off competition from Hermes, which was second with $19.1 billion, and Swiss watchmakers Rolex were third with $7.17 billion.

"Luxury is seen as a good investment with people increasingly buying classic pieces rather than high fashion. Those who can afford it indulge, including young professionals who, increasingly unable to buy houses, are spending their disposable income on mid-tier luxury," Nick Cooper, managing director of Millward Brown Optimor, said in a statement.

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