Luxury vehicles are important because they bring in higher margins for automakers, while not competing with mainstream brands — two very important factors. For many luxury consumers, it's hard to imagine that just over 15 years ago, Lincoln was the …
“We believe the market is understating the long-term potential for LVMH's large and diverse group of luxury brands.” Richemont said earlier this month that the pace of sales growth remained steady in the last three months of 2013, rising 9 per cent at …
Richard Baker, CEO of HBC, which bought Saks for $2.4-billion (U.S.) in November, was initially convinced by HBC vice-chair Bonnie Brooks that Saks should be at Bloor & Yonge, near all the other luxury brands such as Holts and Tiffany & Co. But when …
Luxury vehicles are important because they bring in higher margins for automakers, while not competing with mainstream brands — two very important factors. For many luxury consumers, it's hard to imagine that just over 15 years ago, Lincoln was the …
Big dreams, adaptability in exploring the market needs, helping customers and enjoying the work have transformed a small company in Cebu into a flourishing retailer and distributor of luxury brands. Italian entrepreneur Gabriele Boschi (pronounced …
PARIS, Jan 31 (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth.
Seemingly it has, as Mulberry issued a profit warning today, stating that the luxury brand had suffered a great deal over the Christmas period due to rival brands starting their sales much earlier. Despite many others doing so, Mulberry did not alter …
They promise award-winning architecture, luxury brands and a return of the Crossroads to an “iconic and transformative” center of commerce. To put the wrecking ball in motion, Krejci and Yates are seeking a total of $161 million in city incentives — a …
PARIS (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth. Rapidly …