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Luxury Brands

Global power of luxury goods
www.thehindubusinessline.com

Three of the top 10 companies in the luxury goods space globally are conglomerates participating in multiple categories with numerous brands. Another three are cosmetic and fragrance companies; two are watch companies; one is an accessory firm and …

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Cadillac, amid US sales slump, mulls more features to hold luxury prices
www.autonews.com

DETROIT (Bloomberg) — The two men charged with defending General Motors' Cadillac brand against German luxury automakers ought to know something about that topic: One is from BMW, the other is from Audi. Uwe Ellinghaus, Cadillac's chief marketing …

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InterLuxe acquires stake in fashion brand Jason Wu
www.pehub.com

New York-based fashion brand Jason Wu has received an undisclosed investment from InterLuxe, a platform that seeks to invest in emerging fashion and luxury brands. Lee Equity Partners teamed up with Allen Questrom, Gary Wassner, and Melissa Beste to …

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Growth In High-End Luxury Vehicle Sales Boost Volkswagen's Top Line
www.forbes.com

In addition to the U.S., Porsche's sales remained strong in Asia and the Middle-East, with sales in China, the luxury brand's second largest market, increasing 20%. Porsche's models are included in the high-end of the luxury segment, with average …

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Patek Philippe: discreet luxury brand with cult following
www.ft.com

Patek Philippe is a brand that comes “close to a religion” for watch collectors, according to John Reardon, co-chief executive of Christie's watch department. At auction, the brand's rarer pieces regularly break the $1m barrier. And although only a few …

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Google and LVMH Unite Against Fake Online Luxury Goods
gadgets.ndtv.com

The agreement ends nearly 10 years of litigation over complaints by LVMH owner of top luxury labels in everything from champagne to luggage that the Google Adwords key words service helped counterfeiters sell their products on the back of LVMH brands.

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How Yoox turned the luxury-goods industry onto digital
www.wired.co.uk

These parts of the fashion industry don't receive the attention of catwalk shows or play into the popular notion of the agonised genius in the atelier, but nevertheless are crucial to the way that luxury brands are perceived. To achieve this Marchetti …

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Shanghai Bund loses luster for luxury brands
www.ecns.cn

(ECNS) — Despite being known as the home to many global high-end boutiques, the Shanghai Bund's glamour has been fading as luxury brands are leaving one after another, the National Business Daily observed on Thursday. The famous waterfront area of …

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Yves Carcelle, Empire Builder at Louis Vuitton, Dies at 66
www.nytimes.com

PARIS — Yves Carcelle, the charismatic executive who transformed Louis Vuitton from a staid French maker of handbags and travel trunks into one of the world's most recognizable luxury brands, died on Sunday in Paris. He was 66. LVMH Moët Hennessy …

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