Luxurygoods


Gucci Promotes “Insider” Accessories Designer as New Creative Director

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Paris—Alessandro Michele, head of accessories at Gucci, was named today as the new creative director for Gucci, according to … [Read more...]

Hong Kong Protests Dampen Burberry’s Asian Sales Gains

Campaign stars Naomi Campbell and Jourdan Dunn wearing Burberry Prorsum for the Spring/Summer 2015 campaign

London—The pro-democracy activists who camped out in Hong Kong’s main business district for two months to bring attention to their … [Read more...]

Dangerous Deals: 84% of Americans Unsure Between Knockoffs and Authentic Luxurygoods

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New York–As the countdown to the doorbusters deals of Black Friday (or Grey Thursday—Thanksgiving) begin so do the warnings from … [Read more...]

Global Luxury Business to Hit $405 Billion in 5 Years

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London--Euromonitor International, a market research firm, predicts that the worldwide luxury business will grow 19 percent to … [Read more...]

LVMH First Half Profit Hit by Exchange Rates

Pre-fall look at LVMH's Fendi brand, a strong first half performer

Paris—LVMH—the world’s largest luxurygoods conglomerate—felt the sting of a “pressured” Asian market that pushed its profit and … [Read more...]

Hermès Q2 Sales Slow, Hit by Currency Exchanges

"Once upon a time in the Wild West of Paris"...Hermès interprets Western

Paris— Hermès International SCA reported today that its second quarter sales trailed estimates as the weakness of the yen and a … [Read more...]

Item of the Day: Fendi Karlito

Bag Boy: Karlito

One of the hottest luxurygoods this summer isn’t even a handbag, wallet or piece of jewelry. The fashion cognoscenti have … [Read more...]

Burberry’s Sales Rise Bolstered by China

Fall/Winter campaign for Burberry

London—Heading into an annual meeting on Friday, Burberry reported today that its sales were strong especially out of Greater … [Read more...]

Item of the Day: Bonnie Dana Buchner

Bonnie Dana Buchner

Form and function takes a luxurious twist in the Dweller Backpack from Bonnie Dana Buchner. Four pockets pack essentials, digital … [Read more...]

Item of the Day: Zangliani

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For those of us who cannot always afford a luxurygoods splurge, there’s nothing like a jaunt though the main accessories floor of … [Read more...]

Deloitte: Global Luxurygoods Remains Resilient, Despite Tougher Market

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New York--The world's 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last … [Read more...]

Richemont Full Year Profit Rises on Steadier Luxury Demand

E-magazine Rouge Cartier – Water & Light

Geneva—Cie. Financiere Richemont SA, parent to Cartier, Montblanc, Lancel and about 20 luxury brands, reported today that its full … [Read more...]