" Luxury spending higher than pre-recession levels (Luxury Daily) "Luxury retail spending has eclipsed pre-recession levels as affluent consumers continue to regain confidence, according to a study from American Express Business Insights." Stella McCartney launches iPad app (New Media Age)...

Japan represents only 9 percent of LVMH's total revenue (compared to almost 25 percent in 1995) Going up: • Biggest winners are Tod's and Ports with share prices increases well into double digits following strong results announcements Going down: • US luxury companies, namely Coach,...

Labelux, a luxury goods company backed by Germany's billionaire Reimann family, on Sunday confirmed it had bought Jimmy Choo from private equity firm Towerbrook Capital Partners, which bought the company in 2007 for £185 million. Last year Jimmy Choo, which was founded in 1996, reported net...

Shanghai Tang Autumn/Winter 2011 | Source: Shanghai Tang Can China Produce A Luxury Brand?(Forbes) "China is more known as a luxury consumer rather than a producer. And while it is a manufacturing hub for many global labels and retailers, it has yet to produce its own luxury brand in the...

The Pursuitist is heading to Charleston, SC, to experience hands-on the new 2013 Infiniti JX Luxury Crossover. Check back soon, as we go behind the wheel of the latest luxury from Infiniti. Meanwhile, here's an exclusive first look at the 2013 Infiniti JX Luxury Crossover. The new model will...

(South China Morning Post) "The latest brand name must-haves don't crack it for today's luxury consumer. They are putting their money in a far more elusive thing: originality." (Jing Daily) "As Vogue publisher Condé Nast expands beyond its traditional magazine business into the world of...

According to a recent study by the Luxury Institute, Seattle-based department store Nordstrom is the leading retailer among wealthy American shoppers. The industry research firm surveyed shoppers with household income of $150,000 per year or more for the 2012 Luxury Consumer Experience Index,...

This slowdown by Richemont – which owns brands such as Cartier, Piaget, Jaeger-LeCoultre, IWC and Montblanc – could be hinting at a consumer confidence decline, since conglomerates often have a finger on the pulse on consumer spending. This could at least be true for brands that are not...

uk CITY FOCUS: Luxury goods are back in fashion despite austere times Daily Mail Italian fashion house Prada has raised eyebrows with its £9bn price tag as it plans to float on the Hong Kong stock exchange later this month. It follows hot on the heels of Jimmy Choo's sale for £500m in May and...

Has Luxury Gone Too Mass? Luxury brands have long been mass consumer brands. After all, real exclusivity — selling highly select items to a limited audience — offers limited opportunity for scale and business growth. Indeed, the world's most elite luxury houses, like Louis Vuitton, Dior and...

 

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