Dr. Rick C. Ernst
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Luxury Brands

Small luxury crossover cars aimed at young
www.poughkeepsiejournal.com

The 2015 Lincoln MKC small premium utility vehicle is the second of four new vehicles Ford Motor Co. is counting on to revive its luxury brand. It goes on sale in the U.S. next summer for a starting price of $33,995. / AP …

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Hugo Boss and Remy Cointreau are both falling as Chinese gloom hits luxury …
www.cityam.com

It's been a distressing morning for luxury brands – both Hugo Boss and Remy Cointreau. Updates released this morning reveal that both are underperforming in China. Hugo Boss CEO Claus-Dietrich Lahrs has said that the group won't be hitting its 2015 …

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Louis Vuitton, Gucci Lose Shine With Chinese
live.wsj.com

Louis Vuitton, Gucci Lose Shine With Chinese. Chinese shoppers are increasingly favoring lesser-known luxury brands like Givenchy and Coach over labels like Gucci and Louis Vuitton that have been in the country for years. HSBC's Erwan Rambourg tells …

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Oroton moves into luxury handbag market to revitalise brand after sales drop
www.smh.com.au

Accessories retailer OrotonGroup plans to take on global brands such as Burberry, Gucci and Chloe in the luxury handbag market as part of a plan to revitalise the 75-year-old label. Oroton's leather totes and handbags sell for about $500, but new chief …

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Cramer: Chinese elite 'an engine of growth'
www.cnbc.com

Cramer said the strong Tiffany sales in China pointed to a larger trend of the country's elite class using luxury Western goods as status symbols. (Read more: Chinese real estate influence extends to the Big Apple). "We don't tell the story enough …

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Luxury brands fail omnichannel test
www.warc.com

NEW YORK: Many luxury brands have developed good sites or apps or in-store technology but few have successfully brought them all together to offer a consistent omnichannel experience, a leading marketer has said. "Luxury is a couple of steps behind, …

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Top Luxury Brands Are Losing Their Shine in China
online.wsj.com

As China's market for luxury goods matures, some second-tier brands are seeing an opportunity. Demand for luxury goods is set to slow this year, hurt by Beijing's anticorruption drive, decelerating economic growth and increasingly discerning shoppers.

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Tourism drives 55% of UK luxury goods spending
www.professionaljeweller.com

(Getty). Management consultancy firm Bain & Company has released its 2013 Luxury Goods Worldwide Market study, revealing that more than half of luxury goods sales in the UK are driven by tourism. The findings have been presented in collaboration with …

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On China's roads, where luxury risks becoming ordinary
uk.reuters.com

GUANGZHOU, China (Reuters) – Luxury car dealers are resorting to offering customers massages, mini-golf and other gimmicks, hoping this will give them an edge in a ferociously competitive Chinese market where brand loyalty is less common than in the …

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