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Luxury Brands

Bad news for richest 1% as luxury firms hike prices
www.cnbc.com

Prices of luxury goods rose 4 percent annually between 2012 and 2014, and some could rise up to 6 percent this year, according to a note from Sanford Bernstein. The financial research firm based its research on its index tracking the prices of 19 …

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At Hyundai, luxury lives with low-end
www.autonews.com

The industry's obsession with brand positioning has long enforced a strict separation between luxury vehicles and the mass market, cleaving Acura from Honda, Infiniti from Nissan and Lexus from Toyota. BMW won't put its cars in the same showroom as a …

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The Monday Interview
www.ft.com

Eyewear is “ready to fly” because it has evolved from maker of sight-correctors to provider of fashion accessories and luxury goods. A pair of cateye filigree Dolce & Gabbana sunglasses, made by Luxottica, retails for £895 on online site Net-a-Porter …

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Kering's Marco Bizzarri has the billion-euro touch
www.ft.com

In his new role, the 51-year-old Italian former management consultant will oversee some of the world's best-known luxury brands, including Bottega Veneta, Saint Laurent, Alexander McQueen, Stella McCartney, Brioni and Tomas Maier. Kering's global …

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Websites make it easy to buy, sell used luxury goods
www.newsday.com

About 10 percent of luxury goods — including clothing, handbags, accessories and home furnishings — are sold in the aftermarket, with about 1 percent of pre-worn goods sold online, estimates Forrester Research's Sucharita Mulpuru. But data suggest it …

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Traditional luxury markets benefit as China slows
www.ft.com

… Chinese demand, the luxury industry is experiencing a cold blast of reality. “The bad news is that easy growth on the back of opening stores in China is over for most luxury brands,” says Luca Solca, head of luxury goods research at Exane BNP Paribas.

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Why global recovery could depend on China's taste for luxury
www.theguardian.com

Around half of the international visitors who flock to Bicester retail village are Chinese nationals, making the one-hour train trip from London, or using the fleet of special coaches that head there each day – to stock up on luxury goods. A World Bank …

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'Britishness' gives UK luxury brands an advantage in emerging markets
www.marketingmag.com.au

Cultural icons such as David Beckham and the Royal family help the UK's luxury brands outperform its global rivals in emerging markets, new research has found. A survey of Chinese consumers in Shanghai, Beijing and those that travel thousands of miles …

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Rich pay, rich clients, but luxury retail jobs go begging
www.scmp.com

Hays recruitment consultant Eddie Chui, who specialises in hiring managers for luxury stores, said most major luxury brands faced the same problem. “Matching [candidates with a company] isn't the most difficult; rather it's that [the job seekers] have …

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