Luxury News Summary


Home \| Search \| Members

Public Relations
China
Emerging Luxury Markets
Crisis Management
Counterfeits
People
Careers
Global Luxury Markets
Internet
Cause Marketing
Currency
Advertising
Brand Extension
Eco-Luxe
Pricing
Private Equity
Events
Sponsorships
Conspicuous Consumption

Richemont
Brioni
Hermès
Fabergé
PPR
Dior
Fendi
Mercedes
Bang & Olufsen
Cartier
Versace
LVMH
Burberry
Louis Vuitton
Tod's Group
Asprey
Neiman Marcus
Polo Ralph Lauren
Lanvin
Aston Martin
Audi
Bulgari
Coach
Mulberry
Ritz-Carlton
Tiffany
Valentino
Vertu
Ferrari
Nordstrom
Joseph Abboud
Roberto Cavalli
Salvatore Ferragamo
Orient-Express
Prada
Bentley
Chanel
Land Rover
Van Cleef & Arpels
Donna Karan
Ebel
Saks
Giorgio Armani
Ann Taylor
Boucheron
Zegna
de Grisogono
David Yurman
Gucci
BMW
Harry Winston
Hugo Boss
Michael Kors
Movado
Pernod Ricard
Escada

home | Luxury News Summary

Luxury Market Growth to Slow, Says New Study
An annual study on global luxury markets predicts that luxury sales growth will rise 4-5% in 2013, down slightly from 5% in 2012. While the study, by Bain and Altagamma, then predicts that sales will . . . keep reading

China Luxe Market Cooling With Government Crackdown
LuxuryBrandNetwork Exclusive
A combination of factors is slowing luxury sales in China, affecting nearly every luxury niche. Experts cite three main factors for the tailspin: a government crackd . . . keep reading

UK Luxe Market to Double by 2017
(Source: Vogue UK)
The U.K. luxury market is set to nearly double in revenue in the next five years, growing from GBP 6.6 billion in 2012 to GBP 12.2 in 2017, according to a new report. The 2013 UK Luxury Benchmark . . . keep reading

Dubai Police Add World's Fastest Car to Fleet
(Source: Khaleej Times)
Commander in chief of the Dubai Police Force Lieutenant General Dhahi Khalfan Tamim announced that a Bugatti Veyron has been added to his fleet. The Veyron is the world's fastest car, with a reported . . . keep reading

Apparel Company Vince Planning IPO
(Source: Reuters)
Apparel maker Vince will file for an initial public offering (IPO) later this year. Vince is owned by luxury brand Kellwood, which itself is controlled by private equity firm Sun Capital. Kellwoo . . . keep reading

Luxury Hotel Development Rises 61%
Source: Travel Weekly
U.S. hotel developers are adding luxury and upscale rooms at a torrid pace. While the overall hotel development pipeline is up 9.2% versus 2012, the figures for luxury rooms is up +61%. Upscale . . . keep reading

Richemont Chief to Rupert to Take Year Off
Source: London Evening Standard
In unprecedented move, Richemont Chief Johann Rupert will step down for one year to travel and recharge. . . . keep reading

Lured by Incentives, PPR to Manufacture in Serbia
(Bloomberg)
Lured by the promise of EUR 8,000 for each job created, luxury group PPR will begin manufacturing luxury leather goods in Serbia. As part of the deal, PPR will invest EUR 6 million in a tannery in . . . keep reading

Tod's Records 13.5% Revenue Rise for 2011
(Source: LuxuryBrandNetwork.com)
Tod's of Italy posted revenue of €893.7 million for 2011, a 13.5% rise from the previous year. At constant exchange rates, the increase was 13.6%. . . . keep reading

Euro Crisis Boosts Luxury Company Earnings
(Source: Bloomberg)
A weaker Euro is helping boost European companies' earnings as their foreign revenues are worth more in home currency terms. . . . keep reading

Top Brands Buzzing China's Top Social Media Outlets
(Source: Wall Street Journal)
Gucci, Louis Vuitton and Coach battle for supremacy in consumer buzz in China. . . . keep reading

Volkswagon Looking to Complete Takeover of Porsche
(Source: Der Spiegel)
European auto giant Volkswagon will try to complete its takeover of Porsche this year, according to a report in Der Spiegel. Porsche tried to take over Volkswagon in 2008, but the attempt failed and the tables were turned when Volkswagon bought 49.9 percent of the luxury sports car maker. . . . keep reading

LVMH Fund to Buy Stake in Indian Chain Fabindia
(source: Fashion United (India))
LVMH looks likely to close a deal with a local partner that will bring Sephora to India by the end of 2012. . . . keep reading

LVMH Inks Licensing Deal for Sephora in India
(source: Times of India)
LVMH looks likely to close a deal with a local partner that will bring Sephora to India by the end of 2012. . . . keep reading

Burberry Sales Rise 22%, but U.S. Performance Lags
(Source: Luxury Brand Network * EXCLUSIVE *)
Burberry posted strong growth for its quarter ended 31 December, but reported weak U.S. performance and warned of softening num . . . keep reading

Richemont Sales Up 24% in Final Quarter of 2011
(Source: Luxury Brand Network * EXCLUSIVE *)
For the three months ended Dec 2011, Richemont posted 24% sales growth in both constant and actual exchange rates. Growth was solid across all regions and channels. / . . . keep reading

More Headlines

Receive free e-mail summaries containing news, exclusive analysis, competitive intelligence, trends and data for top luxury executives.


Email:

LuxuryBrandNetwork.com provides the exclusive analysis, tips, trends and data that luxury executives need to make informed decisions.

Keep on top of luxury best practices, competitive intelligence and emerging trends by signing up today. It's completely free and you may unsubscribe at any time.

Who Should Subscribe?

• Executives of luxury companies
• Luxury brand managers
• Brand managers with premium products
• Brand managers contemplating launch of premium products
• Corporate marketing professionals
• Advertising executives
• Luxury brand sales professionals
• Luxury brand service executives
• Ad agency personnel
• Corporate PR professionals
• Third-party PR professionals
• High-net worth financial service professionals