Dr. Rick C. Ernst
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Luxury Items

Costco Slapped with Lawsuit from Michael Kors
247wallst.com

(NASDAQ: COST) is being sued by a luxury goods maker for selling or promoting luxury items that the warehouse store doesn't sell. Today, Michael Kors Holdings Ltd. (NYSE: KORS) filed suit; last February it was Tiffany & Co. (NYSE: TIF) that was peeved.

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Thrift trumps Abenomics as Japan shoppers stick to bargains
www.dailytimes.com.pk

Abe's policies have boosted Japan's benchmark Nikkei average by two-thirds since mid-November, cheering stock market investors who used their new-found wealth to splurge on luxury goods such as handbags from LVMH-owned Louis Vuitton and jewelry …

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Net-a-Porter Now Airdropping Luxury Goods to Rich People in Hamptons for …
fashionista.com

Net-a-Porter will now be airlifting (via The Standard's seaplane) emergency luxury items ordered on the site before 10am and dropping them off at your beach mansion on the same day, between 5pm and 9pm. “Our Premier same-day delivery service is …

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SaleMove Wants To Make Selling Big-Ticket Items On The Web More Personal
techcrunch.com

SaleMove (founded by Justin DePietro and Dan Michaeli) graduated from New York City's Entrepreneur Roundtable Accelerator last summer, and have spent the intervening months reaching out to car dealerships and luxury goods dealers during a private …

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The most luxurious soaps, bar none
www.nst.com.my

Khoo, 33, said there was a growing demand for handmade soaps and luxury skincare products that was not being met. After one-and-a-half years of doing market research, collating soap-making recipes, sourcing for raw materials, finding a shop and setting …

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Samantha Cameron's fashion past drives luxury label Smythson's future
www.scmp.com

Janowksi, who joined the firm last May from Burberry, says: "Smythson is the iconic British luxury leather goods brand, so in everything we do it's important to share that message. And now we are shipping all over the world every day." New languages …

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Dubai accounts for 30 per cent of the luxury market in the Middle East
gulfnews.com

The revenues of worldwide luxury goods market are forecast to grow as much as 50 per cent faster than the global GDP, achieving a four to five per cent growth in 2013 and five to six per cent annual average through 2015. By mid-decade, the global …

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Banks sit idle on excess funds
www.thedailystar.net

He said the central bank also imposed restrictions on imports, especially luxury items, as it followed a cautious monetary policy to contain inflation. As imports fell, the excess liquidity with banks gradually increased. Bakht said banks became …

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Study: Youth attitudes shift in Great Recession
www.theitem.com

In comparison, they note that the Great Recession group also showed a bit less interest in luxury items than the students who were surveyed in the mid-2000s. For instance, 41 percent of high school seniors questioned 2008-2010 said it was important to …

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