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

Elizabeth Arden to explore strategic options as sales plunge
money.msn.com

The company's sales have been hit by a pullback in consumer spending on beauty products in the North American retail market as well as deep discounting in key European markets that have eroded profit margins in recent quarters. South Korea's LG …

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Save money by managing IT risk
www.techrepublic.com

That has led to proactive risk management becoming a luxury that many IT departments feel that they cannot afford. However, nothing could be further from the truth – because IT departments fail to calculate the cost of not … However, there are some …

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Apple Buying Beats May Have A Strong Risk/Reward Profile (AAPL)
seekingalpha.com

Apple's continuing efforts to cement its position as a provider of designer or luxury products should help it maintain a relatively high profit margin, as well as prompt consumers to aspire towards Apple ownership. Apple appears to have sufficiently …

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Preserve Brands Launches at National Stationery Show in NYC
www.prweb.com

"There has been a gap in the marketplace…and there lies an opportunity to deliver luxurious paper products that are aesthetically pleasing to American, European, and Canadian tastes and trends and that are made in an environmentally friendly…way.".

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Study finds rude associates sell more in luxury stores
www.retailwire.com

After being treated poorly, participants who expressed an aspiration to be associated with high-end brands reported an increased desire to own the luxury products. The study also found that staff rudeness did not improve impressions of mass-market brands.

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Central shifts focus from tough China
www.bangkokpost.com

"The only concern is the problem between Ukraine and Russia, which are among the top spending countries for luxury products in Europe." At home, Central will open new retail branches in four or five border towns, hoping to benefit from the onset of the …

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Luxury: An industry redefined by cultural tensions
www.campaignasia.com

We are returning to a time when luxury was an art form, when products were admired, not just acquired, and helped advance culture as a whole. An example is Vacheron Constantin's video, A Journey through Architecture & Openworked Creations, which …

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A perfect, artsy Mother's Day Sunday at historic Alice Austen House (with photos)
www.silive.com

Minnie Brown of Bulls Head was introducing her line of handmade luxury bath and body products, marketed as NYC Metro Girl. “A lot of moms are shopping and buying for themselves,” Mrs. Brown said. Her day at the fair was something of a family affair.

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William Lauder says foreign forays go hand in hand with focus on home market
www.ft.com

The hefty spending power of this ever growing demographic has caught the attention of the luxury goods industry, but to date, most brands have remained wary of entering the country. Last year, however, one group took the plunge. US beauty giant Estée …

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