Luxury

Luxury

LVMH profits rise as Asian demand continues
February 06, 2012
Profits at LVMH for last year have beaten forecasts, with world's largest luxury goods group saying the outlook for 2012 was "excellent". Net profits rose 1 percent to EUR3.06 billion (USD4...
Entertainment, EUR
Luxury goods losing their shine in HK
February 06, 2012
After years of steady growth thanks to strong demand from deep-pocketed mainland Chinese tourists, jewellery shops in Hong Kong should brace for tougher times, with sales growth in luxury goods...
Caroline Mak Shui, Mak Shui-king, Person Career, Quotation
Next frontier for luxury brands
February 06, 2012
Gone is the era in which the developed economies of Western Europe and North America ruled the global business landscape with their well-developed markets, massive middle-class populations,...
Social Issues
World's top 100 most valuable luxury brands
January 31, 2012
The "World's Top 100 Most Valuable Luxury Brands Official Release", organised by World Luxury Association, was successfully held in January 2012 in Beijing. This event, commonly referred to...
Business on a handshake fits Ferragamo just fine
January 31, 2012
Italian luxury fashion house Ferragamo has done business the old-fashioned way for decades with the factories that make its goods – "a firm handshake and a look in the eye". And this...
Company Founded, Company Location, Ferruccio Ferragamo, Person Career
HK Chow Sang Sang's sales jump as customers double holiday spending
January 31, 2012
Sales at Hong Kong's jewellery retailer Chow Sang Sang jumped by up to 28 percent as customers almost doubled their average spending during the Lunar New Year holiday, the company said. Sales in the...
Business, Person Career, Quotation, Sang Sang
Western brands aim for China's "Dragon" riches
January 27, 2012
It's meant to bring riches and power befitting an emperor, but if Western luxury brands have their way the Year of the Dragon will cost their wealthy Chinese customers a fortune instead. The dragon...
Emerging markets drive sales for Luxottica
January 27, 2012
Italian based luxury eyewear maker Luxottica SpA said on Tuesday that fourth-quarter sales grew 12 percent on strong demand from emerging markets, solid US consumer confidence, a sharp rebound in...
Company Earnings Announcement, Luxottica SpA
Chinese jewellery brands tarnished by poor quality products
January 24, 2012
Top Chinese jewellery brands have been accused by watchdogs of not having enough precious metals or quality jewels in their goods, Nanfang Daily reported on Thursday. South China's Guangdong Province...
What Burberry is doing right that other luxury retailers are not
January 20, 2012
While many of these European fashion houses suffered, unable to win market share from more cautious luxury customers, Burberry has been tackling all fronts of its business with full force, from...
Burberry, Europe
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