Luxurygoods


Burberry’s First Half Up 46%

Burberry storefront

London--Burberry today booked a 46% hike in first-half pre-tax profit, helped by strong growth of its apparel and leather bags in … [Read more...]

Richemont Half Year Profit Jumps 88%

Richemont

Geneva—While Richemont reported Friday that profit from its luxury brands such as Cartier, Mont Blanc and Van Cleef & Arpels, … [Read more...]

Hermes Lifts Full-Year After 31% Q3 Sales Increase

Hermes window

Paris—Hermès continues to make news in luxury retailing and this time it’s not just about the recent fight over LVMH’s “hostile” … [Read more...]

Report: U.S. Retail Swings to Positive Momentum

Shopping Street

Purchase, NY—Retail sales in October continued a momentum that puts many fashion categories into strong positions heading into the … [Read more...]

Gucci Brand Helps PPR’s 3Q Sales Rise 13%

Gucci 2011

Paris—PPR, the luxurygoods conglomerate that owns Gucci, Yves Saint Laurent and Bottega Veneta, reported Thursday that its third … [Read more...]

Luxury Forecast: A Drought Ahead?

Pam Danziger's new book on the changing luxury marketplace

New York—While some luxury brands have been trumpeting a rebound in the luxury market, one leading expert says it may still be too … [Read more...]

Coach Reports 34% Surge in Q1 Profits

Coach Logo

New York—Coach reported today a 34% increase in first-quarter profit after luring more shoppers with collections that hit more … [Read more...]

Bain: Luxurygoods Sales Recover This Year, Slow Down in 2011

Luxury Goods

Milan--The United States and Asia have been behind an unexpectedly strong recovery in luxury spending this year but sales are … [Read more...]

Coach Reshuffles Asian Management

Coach Logo

New York--Coach has made a number of senior management changes in Asia as the brand seeks to drive expansion in the region. The … [Read more...]

LVMH Posts 23% Increase in Q3, Confident on Q4

LVMH

Paris—LVMH Moet Hennessy Louis Vuitton  reported today a 23% jump in third-quarter sales, confirming a strong rebound for luxury … [Read more...]

Mulberry Sales Rise 57%, Lifts Full-Year Forecast

Mulberry's Alexa bag

Somerset, England--Shares in Mulberry hit a new highs last week after the British leathergoods brand reported record sales … [Read more...]

New Pawn Market: Designer Handbags?

Designer It Bags

San Diego—Using a retail model similar to those in estate fine jewelry and watches, The Handbag Buyer is a new venture where women … [Read more...]