Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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Luxury Items

Reed Krakoff in $50m buyout
www.ft.com

Coach said this week that it would retain a minority stake in Reed Krakoff, which sells luxury items such as $1,200 alligator print sweatshirts and tote leather handbags for $3,300. Coach launched the company with Mr Krakoff in 2008. Mr Krakoff spent …

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Managing the Gross Margin of your Ecommerce Business
www.practicalecommerce.com

Or, if your margins are high on your luxury items, you may want to discount them to attract more luxury buyers. You may need to adjust pricing to make your target products more attractive. You may want to price a lower-end product slightly higher than …

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Women Carry Designer Bags to Keep Their Men From Straying, Study
www.counselheal.com

Researchers from the University of Minnesota believe that some women buy luxury items because they want other women to know their mates are spoken for. "Women at different ages and relationship status inferred that a woman with designer outfits and …

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Why does a fancy purse say 'stay away from my man'?
medicalxpress.com

"Spending on luxury goods in the US amounts to as much as $525 billion per year, with women's products accounting for over half of this consumption. Why do women desire luxury goods?" write authors Yajin Wang and Vladas Griskevicius (both University of …

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Students add to personal debt with nonacademic activities
www.bsudailynews.com

However, one way students can drag themselves further into debt is by borrowing more than they need for school — especially if they spend the extra money on luxury items. Americans have around $1 trillion in outstanding student loans, according to a …

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Asia Briefing: Bed fit for a king the latest luxury item for super rich
www.irishtimes.com

China is a booming market for luxury items, even as the economy slows, and high-end brands seem ready to cater for every waking hour of the super rich with watches, cars and jewellery. So it was only a matter of time before someone stepped in to ensure …

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Miami Dolphins name Tom Garfinkel President and CEO
www.sun-sentinel.com

“Sixty-inch high-def televisions are commodities now, they're not luxury items anymore. I think everybody in sports in every league has to work harder to ensure that experience the fan has in any venue trumps staying home. “The key is every step along …

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Vintage designer pop-up Fashionaires returns to town
www.philly.com

The Fashionaires, a vintage, designer collection company that offers luxury items at costs up to 80% off, is returning to town next Friday, Sept. 20. The pop-up sale will be held at the Hotel Palomar's Tyng event space. Offerings include Louboutins …

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TARP watchdog sinks teeth into fraud
www.politico.com

The unit has seized more than $4.3 billion related to TARP fraud, along with luxury goods and property, like 19th-century European oil paintings, a bronze candelabra with green malachite columns, waterfront vacation homes and a slew of luxury and …

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