Loro Piana, which makes 30 percent of its sales in Asia, has enjoyed continued strong demand in China even as some other luxury brands such as Gucci and Louis Vuitton have experienced slowdowns. Earlier this year, it said it expected sales to grow a …
Brits have the enduring pound, techies have the illusive bitcoin and fashionistas have luxury designer goods. More chic than the dowdy green dollar bill, high-end designer duds are becoming their own currency and gaining liquidity thanks to e-commerce …
July 09, 2013:Dubai, UAE – Worldwide luxury goods market revenues will grow as much as 50 per cent faster than global GDP, with an expectation of 4 to 5 per cent growth in 2013 and 5 to 6 per cent annual average through 2015, on track to break the €250 …
Luxury marketers revamped their voices without losing their core DNA to keep target consumers engaged while attracting new, younger consumers during the second quarter of 2013. This past quarter, many brands made their presence known on new social …
Japan is currently the third largest economy in the world- a country at the forefront of design, quality and technology, accounting for approximately 40% of the total luxury market. Additionally, Japan has a renowned appreciation for design and …
Luxury brand Nicole Farhi is in administration, but were the warning signs there to be seen? The collapse into administration of premium fashion brand Nicole Farhi last week illustrates perhaps just one thing: you never know where you are in luxury world.
“Until now, though, there have been no direct luxury flights to pull in a lot of those people. You have all the low-cost airlines operating out of Las Vegas, and, frankly, nothing in the middle and its luxury brands that work well. Nothing exists, so …
Bernard Arnault, the billionaire head of French luxury goods group LVMH, once dismissed a question about a rival group, saying: “As far as competitors, there are two I admire: Chanel and Hermès.” That was soon after Mr Arnault's tenacious “handbag war …
For other automakers, often the more established, larger makes as well as luxury brands, getting customers to stick to the brand is the top priority. 24/7 Wall St. reviewed trade-in data from automotive online site Edmunds.com for the first five months …