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Luxury Items

Gucci's Slowest Sales Growth in Four Years Weighs on Kering
www.bloomberg.com

Kering SA (KER)'s Gucci luxury–goods brand posted the weakest quarterly sales growth in four years amid softening demand in Europe and China, increasing concern over a slowdown at the company's biggest unit. Gucci's fourth-quarter comparable sales …

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Youni: The Chinese M-Commerce App That's A Hotbed For Secondhand Luxury …
jingdaily.com

On January 13, China's Business Press Release Newswire published an article on the growing number of secondhand luxury goods transactions on Youni. According to the article, the strong social links formed by close acquaintances, zero advertising fees, …

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North Korean ski resort obtained “luxury goods” in breach of sanctions
www.lexology.com

North Korea is said to have obtained Canadian snowmobiles, Swedish snow-blowers and Italian and German snow ploughs despite these items being subject to UN and EU sanctions. An article in the British Daily Telegraph reports that North Korea was able …

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In real estate, kitchens can make or break the sale
www.ahwatukee.com

Vast amounts of colors, textures, surfaces, products and luxury items in the kitchen are now common requests when it comes to purchasing a new home or remodeling an existing one. Budget wise, money spent on kitchens has evolved making it a challenging …

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Kim Jong-Un has spent more than double his father on luxury items
www.upi.com

… first year in power, which is more than double his father, Kim Jong-Il, reportedly spent. The report says the exorbitant spending went towards buying a 1,000-seat movie theater for Kim Jong-Un and his closest allies, luxury cars, grand pianos, and …

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Kering Looks Past 'Pivotal Year'
online.wsj.com

Sales for high-end drinks and luxury–goods companies have dropped in the past year as a Chinese anticorruption campaign curbed lavish state banquets and gift giving among officials and executives. "Gucci has been among the hardest hit of fashion brands …

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The luxury appeal of high-end craft pieces
www.sheffieldtelegraph.co.uk

The exhibiton explores the different aspects of craft that make handmade products luxurious, from the materials and skill involved in the creative process to the experience of using the finished product. Among the items on show will be shoes made by …

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Arte Gras raffle items ooze luxury
www.news-daily.com

Those are just a small sample of the items organizers of this year's Arte Gras fundraiser said they have gathered as raffle items for this year's event. Raffle Committee Co-Chairs Kim Lister and Sandra Henderson said at least 30 items have been donated …

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Foreign Office sells off diplomats' luxury gifts: Watches and jewellery given …
www.dailymail.co.uk

Watches by Baume et Mercier and Givenchy, which can be worth as much as £3,000, are among items accepted by diplomats abroad then sold by the Foreign Office. The Mail on Sunday has obtained a list of auctioned gifts, which includes bracelets, a gold …

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