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....Look no further. French luxury brand Chanel has your back: a boomerang for $1,460 (€1,260; £1,130). ... [Read full article on BBC ]
Tuesday 16th of May 2017 11:19:56 AM
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Ridicule and condemnation for Chanel's $1,500 boomerang image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:19:56 AM
....Look no further. French luxury brand Chanel has your back: a boomerang for $1,460 (€1,260; £1,130). ...
Coach announces $2.4bn bid for Kate Spade brand image
Source : Guardian [Read Article] Monday 8th of May 2017 01:51:46 PM
....Coach has made an aggressive push to polish its image as a purveyor of opulence, ending many of the promotions it had used to ramp up sales. But to power future growth, it’s begun to build an empire of luxury brands. ...
Burberry to relocate 300 jobs from London to Leeds image
Source : BBC [Read Article] Thursday 4th of May 2017 05:04:20 PM
....Fashion retailer Burberry has announced plans to relocate 300 jobs from its London offices to West Yorkshire as part of cost-saving measures. The luxury brand said it plans to open a new business services centre in Leeds in October in a bid to save £100m. ...
Cycling fashion outfit Rapha plots route into the fast lane image
Source : Guardian [Read Article] Monday 1st of May 2017 01:44:14 PM
....“Rapha is by its nature a premium lifestyle brand with its clubhouses and holidays,” says one industry executive with knowledge of the sector. “If I was Simon I’d be looking for the support of a luxury brand or the private office of a wealthy family, who will let him carry on doing what he’s doing, rather than a private equity firm. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
....“But Jimmy Choo needs to be careful not to get ahead of itself. Remember what happened to Mulberry, another niche British luxury brand, when it drifted too far from its comfort zone? One year sales were soaring, the next they were dropping amidst a spate of profit warnings. ...
Burberry's sales growth slows despite 'exceptional' UK performance image
Source : Guardian [Read Article] Wednesday 19th of April 2017 05:23:32 PM
. Shares in Burberry have slumped after the luxury brand revealed that strong sales in the UK and China had failed to offset a slowdown in the US and Hong Kong. ...
Our high streets don’t need new shops – they need new ideas | Suzanne Moore image
....When regeneration is centralised, it is often dislocating. Hackney Walk, in east London, a post-riots project that created 450,000sq ft of retail space and then handed it over to luxury brand outlets including Burberry, Anya Hindmarch and Aquascutum, is a place where there is so little relationship between buyers and locals that it feels like two fingers up. ...
Ralph Lauren to close flagship Polo store in cost-cutting plan image
Source : BBC [Read Article] Tuesday 4th of April 2017 02:52:30 PM
....Americans are spending less on clothing and Ralph Lauren's sales have fallen over the last two years. Online retailers which mimic catwalk fashion at high speed are challenging lower end luxury brands. ...
Viagogo: who runs it and who owns it? image
Source : Guardian [Read Article] Friday 24th of March 2017 06:03:57 PM
.... He too declined a request for comment. Another major investor who did not want to discuss Viagogo is billionaire Bernard Arnault, chief executive of Louis Vuitton Moet Hennessy, the luxury brands company based in France. ...
London 'cheaper than New York or Tokyo' after pound's Brexit plunge image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:07 AM
....London’s new-found bargain-basement status has encouraged a flood of international shoppers to the city. Even low-cost clothing store Primark has reported strong sales to foreign tourists, joining luxury brands such as Burberry in enjoying a boost in sales from visitors drawn by the cheap pound. ...
Gucci, Versace, D&G ... now top brands target fashion for kids image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
....7m in 2015. It’s no surprising, then, that everyone from luxury brands to aspirational start-ups and mass retailers want a piece of the action. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
....Joe Corré, the son of Dame Vivienne Westwood, warned that Ashley and 3i, the private equity fund has offloaded the brand, will “face a phenomenal swath of litigation actions” over the controversial deal. Ashley has bought Agent Provocateur for around £30m through Four Holdings, the parent company of Four Marketing, a fashion agency which runs websites for luxury brands and owns their flagship stores. ...
Jimmy Choo revenues boosted by menswear range image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:15:36 AM
. Jimmy Choo, the British luxury brand regularly seen on the red carpet, has reported strong revenue growth boosted by China, the weak pound and its menswear lines. ...
Primark sales boosted by bargain-hunting tourists after pound's Brexit slide image
. Primark has joined luxury brands such as Burberry in enjoying a boost in sales from tourists drawn by the cheap pound. ...
Diamond rings sparkle for the internet dating generation image
Source : Guardian [Read Article] Monday 13th of February 2017 01:39:04 PM
....”. Kormind first set up the diamond sales site in 2005 while working for Marketing 77, a firm that helped luxury brands including Estee Lauder and Anya Hindmarch set up transactional websites. ...
Burberry sales soar – from £14 nail varnish to £28,000 alligator coat image
Source : Guardian [Read Article] Wednesday 18th of January 2017 08:48:43 AM
.... But a surge in luxury spending will never be as obvious as queuers battling for a Black Friday TV. The marbled flagship store of Britain’s biggest luxury brand probably has at least four immaculately black-clad assistants for every shopper – but they insist they’ve been rushed off their feet. ...
Joining a gym? Save pennies as you shed the pounds image
Source : Guardian [Read Article] Saturday 7th of January 2017 06:59:12 AM
.... For example, in Manchester we found that The Gym’s Ashton Old Road branch would charge just £153. 88 in the first year for a new member – little more than a tenth of luxury brand David Lloyd across town at its Trafford City club. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
....Marco GobbettiThe chief executive designate of Burberry will not take the helm until the middle of the year – 12 months after his appointment was announced in a move that marked the end of Christopher Bailey’s unusual dual role as creative director and chief executive. Gobbetti won plaudits while running the French luxury brand Celine, and Bailey, who will become president and focus on his role as creative director, welcomed him with a promise of a “wonderfully collaborative relationship”. ...
Boxing Day shoppers expected to splash out before Brexit price rises image
Source : Guardian [Read Article] Monday 26th of December 2016 07:37:30 AM
....”. Retailers in London’s West End are expected to outperform the national picture as the devaluation of sterling since the Brexit vote draws high spending tourists to its high end department stores and luxury brands. ...
Prada found wanting in assessment of forced labour safeguards image
Source : Guardian [Read Article] Thursday 8th of December 2016 03:19:13 PM
....An assessment (pdf) of the quality and transparency of efforts by 20 major apparel companies to safeguard against forced labour from their supply chains, undertaken by KnowTheChain, an accountability initiative, gave Prada a score of nine out of 100. The Italian luxury brand, which charges hundreds of pounds for its bags and clothing, was one of three companies that scored less than 25 out of 100. ...
Could a railway force Chanel No 5 out of its historic home? image
Source : BBC [Read Article] Friday 2nd of December 2016 05:57:28 AM
.... . But in an open letter, the luxury brand said it would be a disaster for its "artisanal activities" in Grasse. ...
Starbucks boss Howard Schultz to step down image
Source : BBC [Read Article] Thursday 1st of December 2016 10:35:13 PM
....The chief executive of the Starbucks coffee chain, Howard Schultz, will step down from his post next year. Mr Schultz will become executive chairman and will change his focus to growing new Starbucks luxury brands. ...
China introduces 10% extra tax on 'super cars' image
Source : BBC [Read Article] Thursday 1st of December 2016 03:37:58 AM
.... . It is part of a wider effort by Chinese authorities against flashy demonstrations of wealth, which has already hit other luxury brands. ...
Samantha Cameron launches her first fashion label image
Source : BBC [Read Article] Wednesday 30th of November 2016 04:37:24 PM
....". Mrs Cameron became known for her fashion style during her time at Number 10 and previously worked as creative director of luxury brand Smythson, where she still holds a consultancy role. ...
Jimmy Choo's revenue walks tall in 'challenging' market image
Source : BBC [Read Article] Friday 18th of November 2016 02:49:52 PM
. Many luxury brands are complaining that the economic slowdown in China has hit their sales - but not Jimmy Choo. ...
Absent brands image
Source : BBC [Read Article] Tuesday 27th of September 2016 11:51:21 PM
.... Nor will Mazda or Volvo. A whole host of luxury brands, including Rolls Royce, Bentley, Lamborghini and Aston Martin will also be giving it a miss. ...
Trip tips image
Source : BBC [Read Article] Wednesday 14th of September 2016 11:39:10 PM
....Maiden Voyage now has 8,000 members, operates in more than 80 countries, and offers services including recommending female-friendly hotels and restaurants, as well as cultural training for women going to less familiar environments. Membership is free for individuals, but companies pay for their female employees to join, and the company's corporate clients include oil and gas companies, luxury brands, and universities. ...
Ex-BHS boss to lead women's fashion retailer LK Bennett image
Source : BBC [Read Article] Wednesday 14th of September 2016 07:14:31 AM
.... . Mr Topp said: "LK Bennett is a fantastic business and we look forward to building on and continuing Robert's strategy of developing LK Bennett as a premium accessible luxury brand. ...
Prada seeks younger customers in bid for growth image
Source : BBC [Read Article] Friday 26th of August 2016 03:34:46 PM
....The company added it was working on a "potential launch of 'shoppable' content with selected key items on Instagram". This at a time when rival luxury brand Mulberry, also known for its leather handbags, reported a trebling of profits in June following a switch to more affordable products. ...
Time for a comeback image
Source : BBC [Read Article] Wednesday 17th of August 2016 11:14:13 PM
....Yet it is among but a handful of British watchmakers to be so successful. According to the most recent World Watch Report by research body Digital Luxury Group, of the top 62 luxury brands that were searched for online worldwide in 2015, only one was British - Bremont. ...
Alibaba shows strong global growth image
Source : BBC [Read Article] Thursday 11th of August 2016 03:53:41 PM
.... . Alibaba is also facing a lawsuit from several international luxury brands accusing the company of not policing the sale of knock-off products on its site. ...
Ralph Lauren and Michael Kors report weak sales image
Source : BBC [Read Article] Wednesday 10th of August 2016 03:30:05 PM
....3m. Hakon Helgesen, retail analyst at Conlumino, said luxury brands were not being helped by what he called "the car-crash that is the American department store channel". ...
South Korea suspends sale of 80 Volkswagen models image
Source : BBC [Read Article] Tuesday 2nd of August 2016 05:07:58 AM
....That is about 68% of the 300,000 cars sold by VW in Korea since 2007, Yonhap news agency said. The country is an important market for VW, especially for the firm's luxury brands Bentley and Audi, and the company had more than tripled its sales before it was hit by a slump in the wake of the emissions scandal. ...

Burberry investors question boardroom shake-up
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Source : Telegraph [Read Article] Monday 11th of July 2016 01:31:40 PM
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Giorgio Armani revenues hit by China slowdown image
Source : Guardian [Read Article] Wednesday 1st of June 2016 01:03:09 PM
....Italian fashion house Giorgio Armani experienced a slowdown in revenues and profits in 2015, after suffering a drop in business from Chinese consumers. Big luxury brands such as Burberry and Hugo Boss have also been hit by the economic slowdown in China and emerging markets, while terrorist attacks in Paris and Brussels have deterred overseas tourists from visiting Europe. ...
BHS collapse: former Mothercare and Burton chief leads rescue bid image
Source : Guardian [Read Article] Tuesday 24th of May 2016 05:17:03 PM
....Since then Tufnell has been involved in setting up a number of smaller companies and leading the buy-outs of small retailers. He is the managing partner of Prime Advantage, a boutique corporate finance firm, and a non-executive director of The House of Britannia, which invests in small luxury brands. ...
Burberry tightens belt as global fashion slows image
Source : Daily Express [Read Article] Thursday 19th of May 2016 07:37:00 AM
....“Creating new demand has to be at the core of Burberry’s future strategy. It has re-established itself as a desirable luxury brand. ...
Burberry to overhaul retail operations after 10% fall in profits image
Source : Guardian [Read Article] Wednesday 18th of May 2016 07:39:27 AM
. British luxury brand Burberry said it would overhaul its retail operations and simplify its product range after full-year profits fell 10%. ...
Hotel Chocolat shares surge on stock market debut image
Source : Guardian [Read Article] Tuesday 10th of May 2016 08:06:04 AM
....”. Hotel Chocolat portrays itself as a luxury brand, having as much in common with Burberry as with rival chocolate makers, such as Thorntons. ...
Luxury retailer LVMH sees revenues rise image
Source : BBC [Read Article] Tuesday 12th of April 2016 12:57:01 AM
.... . LVMH owns more than 60 luxury brands, including the Kenzo fashion line and the high-end watch labels Bulgari and TAG Heuer. ...
Jimmy Choo says Asia will help it outperform luxury market image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 08:52:39 AM
....Japanese revenues were up 29%, driven by domestic demand as well as an influx of tourists from mainland China. Growth in the luxury goods market has slowed, particularly in the second half of 2015 after the Paris attacks put tourists off travelling to Europe, where many luxury brands make a significant proportion of their sales. ...
Why do so many brand spin-offs fail? image
Source : BBC [Read Article] Tuesday 22nd of March 2016 12:08:19 AM
.... . A Harvard Business Review study of 150 luxury brand extensions says that the number of new areas a company extends into isn't a problem by itself, but says their success depends on whether they are "adjacent" products: things which have some kind of logical link to the company's main offering. ...
VIDEO: What's the best way for firms to expand? image
Source : BBC [Read Article] Tuesday 22nd of March 2016 12:07:47 AM
....Buoyed by success in one area some brands have sought to expand into others. But getting this right is not easy so what's the best way to extend a luxury brand?. ...
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Burberry jumps 5% on takeover talk but FTSE falls after Chinese data image
Source : Guardian [Read Article] Tuesday 8th of March 2016 09:48:22 AM
....Possible holdes of the stake could be rivals LMVH and US group Coach, private equity or an activist investor. “Burberry is one of the few luxury brands without family interest and thus an easier target for acquisition,” said Macquarie analyst Daniele Gianera told the FT. ...
Can we predict Oscar winners using data analytics alone? image
Source : BBC [Read Article] Friday 26th of February 2016 12:00:03 AM
....This is surprising because "it's completely the opposite of how brands usually treat sentiment", says Mr Patel. In other words, you don't usually buy a perfume if the fragrance makes you feel sick, and luxury brands would have kittens if this was the customer reaction picked up on social media. ...
How social media is transforming the fashion industry image
Source : BBC [Read Article] Friday 5th of February 2016 12:08:40 AM
....While trying to work out whether sales are directly linked to social media campaigns is difficult, companies with higher levels of engagement on Instagram are tending to grow their online sales faster than their less clued-up rivals, turning the traditional fashion hierarchy on its head. In L2's Digital IQ Index, which ranks fashion brands according to their website offerings, e-commerce, digital marketing and social media awareness, US women's clothing designer Tory Burch beats well-known global luxury brands such as Gucci, Hermes and Chanel. ...
Toyota remains world's biggest carmaker image
Source : BBC [Read Article] Wednesday 27th of January 2016 07:14:03 AM
.... . The company is best known for its Prius hybrid, Camry and Corolla sedan models and the Lexus luxury brand. ...
City news: Renault, Countryside Properties, Argos, growth in China image
Source : Daily Express [Read Article] Thursday 14th of January 2016 10:25:00 PM
....”. A RETURN to growth in mainland China and healthy demand for its products in Europe lifted quarterly sales at luxury brands group Burberry. ...
VIDEO: 'Super-car' unveiled at Detroit show image
Source : BBC [Read Article] Thursday 14th of January 2016 01:20:11 AM
. Two legends of the car industry, designer Henrik Fisker and General Motors veteran Bob Lutz, have teamed up to form a new luxury brand, VLF Automotive. ...
Why firms limit how much you can buy image
Source : BBC [Read Article] Thursday 14th of January 2016 12:00:24 AM
....Some customers can turn into your competitors. LVMH, which owns luxury brands from Christian Dior clothing to Dom Perignon champagne, has had its Chinese business undermined by bulk sales ferried into the country by so-called "daigou" agents. ...
Burberry attracts the attention of short-sellers image
Source : Guardian [Read Article] Sunday 10th of January 2016 04:24:52 PM
. The pressure is building on Burberry boss Christopher Bailey, one of the best-paid bosses in Britain, with hedge funds betting hundreds of millions of pounds on the luxury brand enduring a difficult year. ...
Questor share tips for 2016 image
Source : Telegraph [Read Article] Saturday 2nd of January 2016 07:00:50 AM
British men are splashing the cash on designer labels  image
Source : Telegraph [Read Article] Saturday 26th of December 2015 12:01:31 AM
.... . Designer jeans, shirts, t-shirts and polo shirts are the items that are attracting the highest spend among young male consumers, while Armani and Ralph Lauren are the most desirable luxury brands. ...
Boutique brand ST Dupont feels the force with luxury Star Wars and James Bond goods image
. What do you get for Christmas when you cross a 143-year-old French luxury brand with Star Wars, James Bond, Formula One and The Rolling Stones? . ...
Eton College outfitter sold to US investor  image
Source : Telegraph [Read Article] Saturday 19th of December 2015 05:09:19 PM
.... . New & Lingwood has been sold by South African entrepreneur Anthony Spitz to POP Capital, a New York-based firm focused on luxury brands. ...
Walker Greenbank warns on profits after Storm Desmond floods fabrics factory image
...." . Standfast & Barracks specialises in printing designs onto fabric for luxury brands such as Burberry, Barbour and Ted Baker. ...
Mulberry back in black after rise in UK store and online sales image
Source : Guardian [Read Article] Thursday 10th of December 2015 04:27:51 PM
. Mulberry is back in the black and back on the catwalk after the British luxury brand benefited from a surge in sales at British stores and online. ...
Mulberry is back in the black image
Source : Telegraph [Read Article] Thursday 10th of December 2015 09:39:19 AM
.... . The luxury brand has eked out an improvement to £0. ...
Questor share tip: Floods hit Walker Greenbank shares image
Source : Telegraph [Read Article] Monday 7th of December 2015 05:07:58 PM
.... . Standfast & Barracks specialises in printing designs onto fabric for luxury brands such as Burberry, Barbour and Ted Baker. ...
Powerboat builder Fairline collapses shortly after sale by Better Capital image
Source : Telegraph [Read Article] Wednesday 2nd of December 2015 06:09:12 PM
.... Wessex Bristol also owns Fletcher powerboats. Wessex Bristol, which also owns powerboat maker Fletcher Boats, focuses on acquiring luxury brands. ...
Bank of China faces daily fine in US image
Source : BBC [Read Article] Wednesday 2nd of December 2015 12:56:13 AM
....The records stem from a 2010 lawsuit by a group of luxury retailers including Gucci and Yves Saint Laurent that sued a group of Chinese companies for allegedly selling counterfeits goods like handbags. The luxury brands had asked US district judge Richard Sullivan to order the Bank of China (BOC) to pay $12m (£8m) to cover their losses from counterfeiting or impose a fine. ...
Volkswagen sees 25% US sales drop compared with 2014 after scandal image
Source : Guardian [Read Article] Tuesday 1st of December 2015 05:56:12 PM
....“Automakers are in a very healthy position after the close of Black Friday promotions, with nine of the top 12 manufacturers experiencing notable revenue gains,” said Eric Lyman, vice president of industry insights at TrueCar. “Revenue in December should also be strong as it’s historically a huge month for luxury brands, ranking as the top-selling month for premium vehicles for the past six years. ...
It's official - drivers of luxury cars cause more accidents, insurers say image
Source : Telegraph [Read Article] Wednesday 18th of November 2015 09:32:44 AM
.... • Insurers pledge to end £200 'auto-renewal' rip-off – but only if you're 'vulnerable' • Mapped: how new tax will add £73 to your annual car, household and medical costs • Drive in ice or rain and your insurance could jump £200 . By comparison, luxury brands Land Rover and Audi joined Lexus in the bottom five, clocking 110. ...
Billions wiped off European travel shares after Paris attacks image
Source : Guardian [Read Article] Monday 16th of November 2015 07:05:23 PM
....3bn was knocked off the value of travel and leisure shares as measured by the Stoxx Europe 600 Travel & Leisure Index. As the European Central Bank expressed fears that the attacks might affect consumer spending, luxury brands also came under pressure from worries that Paris boutiques would see a drop off in visits from rich foreigners. ...
The global economy is slowing down. But is it recession – or protectionism? image
Source : Guardian [Read Article] Saturday 14th of November 2015 04:13:00 PM
....Luo’s observations were echoed on a wider stage last week, when the Paris-based Organisation for Economic Co-operation and Development voiced the fear gripping many economists: that the drop-off in trade, driven by China, may be a harbinger of something more worrying – a global recession. Days later, Rolls-Royce became the latest British exporter to face what it called “headwinds” from China, joining a slew of others, from carmaker Jaguar Land Rover to luxury brand Burberry. ...
Luxury brands beat expectations image
Source : BBC [Read Article] Thursday 12th of November 2015 10:44:07 AM
....Luxury brands Hermes and Burberry have issued financial results that have beaten analysts' expectations. The figures come at a challenging time for luxury brands in the key Asia-Pacific region, including China. ...
New Look to open 20 menswear stores as expansion gathers pace image
Source : Guardian [Read Article] Tuesday 10th of November 2015 02:12:32 PM
.... “We are a little bit more aggressive than we had been as China continues to work for us,” Kristiansen said. New Look’s fortunes in the country contrast sharply with luxury brands such as Burberry, which has experienced a slowdown in sales as a result of restrictions on shopping in Hong Kong and a crackdown on corporate gifting. ...
VW offers US customers $1,000 vouchers image
Source : BBC [Read Article] Monday 9th of November 2015 04:28:44 PM
....It is also offering free roadside assistance to those who have owned their cars for three years. Volkswagen said its Audi luxury brand would launch a similar program on Friday. ...
Burberry backs Britain by opening new trench coat factory in Leeds image
Source : Telegraph [Read Article] Tuesday 3rd of November 2015 07:19:03 PM
.... . Christopher Bailey, chief creative and chief executive of the luxury brand, announced that the business would be injecting an initial £50m investment into the new site near the HS2 route in the area. ...
Porsche and Audi now embroiled in Volkswagen emissions scandal image
Source : Daily Express [Read Article] Monday 2nd of November 2015 06:44:00 PM
....The US Environmental Protection Agency (EPA) announced this evening Porsche, Audi and VW 4x4 vehicles from model years 2014 to 2016 are now being looked at to see if their reported emissions have been embellished. Both luxury brands are owned by VW who has admitted using a special device in its VW branded diesel vehicles which can tell when a car is is being tested and changes the performance accordingly to improve results. ...
Global luxury goods market exceeds €1tn image
Source : Guardian [Read Article] Thursday 29th of October 2015 04:00:30 PM
.... Now, we are starting to feel the impact of that slowdown,” said Claudia D’Arpizio, a Bain partner in Milan and lead author of the study. “The challenge for luxury brands in this environment is how to successfully navigate through hard-to-predict volatility. ...
VW chief to accompany Angela Merkel on trade visit to China image
Source : Guardian [Read Article] Tuesday 27th of October 2015 06:41:12 PM
.... VW sales fell in China, the company’s biggest export market, for the first time in a decade. Meanwhile, Volkswagen’s luxury brand Bentley has recalled almost 28,000 cars worldwide – including nearly 6,000 in China – because of potentialy faulty battery cable connections. ...

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