“Louis Vuitton has done a lot to innovate its products, but consumers – especially in China – are still not embracing it in full,” Luca Solca, luxury goods analyst at Exane BNP Paribas, said. LVMH's comments contrasted with a more upbeat trading update …
"People were starting to get bored with LVMH because there was a bit of commonness in its luxury goods but the product is looking a lot better and prices are bit higher," Rahul Sharma, managing director at Neev Capital, told CNBC in a phone interview.
In recent years, however, the promise of that American Dream has begun to fade, as college costs have now risen to such a level that for many they have become like unaffordable luxury goods. During the last 30 years, American postsecondary education …
SINGAPORE — Reebonz, the brand best known for its large range of luxury products, has taken “privileged accessibility” to a new level with its latest online intiative, Royale. “With Reebonz, we bridged the gap between luxury and affordability, making …
French luxury products group LVMH SA LMVUY is due to report after the closing bell and will be looking to fare better than rival Hermes International SA HESAY , whose shares fell heavily earlier in the week after reporting weak sales in Japan.
The group leads the world in luxury products and experienced growth in the United States and Asia and resilience in Europe for this half of the year. LVMH's report was released on July 24 and highlights the first half of the year while looking toward …
Through its site, Secoo.com, the company sells luxury products such as Cartier watches and Hermes bags, and allows consumers to sell second-hand products. The company encourages site visitors to review products and exchange ideas with other …
Luxury Packaging, easyFairs' event for high-end brands looking to source the latest in packaging products, ideas and inspiration, is launching an integrated conference for the industry, when it returns to the Business Design Centre (BDC) on 30 September.
So it wisely is working with partners to build and market the devices. “It makes sense that they would try to work with existing brands,” Greengart says. “And the fact that they have been getting people from luxury goods brands to work on the project …