Luxurygoods


Polo Ralph Lauren Eyes Growth as Quarter Surges 153%

Polo Ralph Lauren logo

New York--Polo Ralph Lauren Corporation said Wednesday it is planning "aggressive" growth of its business both in international … [Read more...]

Luxury Study: Fewer but More Affluent Consumers

Luxury Shoppers

Stevens, PA—In its annual report on the state of the luxury market released today, Unity Marketing found that the actual number of … [Read more...]

Hermes Posts 1st Quarter Sales Boost

Hermes Birkin

Paris--Hermès International posted first quarter sales Thursday that were the largest of any luxurygoods quarterly reports so far. … [Read more...]

Luxury Marketers May Face Leaner Second Quarter

Cartier store, Fifth Avenue, New York

Stevens, PA--Unity Marketing's Luxury Consumption Index (LCI) fells 9.3 points in April as affluent consumers focus on saving, … [Read more...]

PPR’S 1st Quarter Increases 1.3%

Sales in PPR's Gucci brand watches increased 36% in the first quarter.

Paris--French retail and luxury group PPR (PRTP.PA) posted a 1.3% growth, its first increase after five consecutive quarters of … [Read more...]

Luxury Groups Back New EU Online Restrictions

European Union

Brussels--New European Commission rules which could restrict the sale of luxury goods online have been backed by groups including … [Read more...]

Ralph Lauren Gives Paris an American Taste

Ralph Lauren store in Paris

Paris--For the last week, it's all been about an "American in Paris" as designer Ralph Lauren received the French medal of honor … [Read more...]

LVMH Report Signals Luxury Rebound?

Louis Vuitton brand's 2010 Monogram Collection, one of the luxurygoods conglomerate's best performers

Paris--This week’s strong first quarter showing by LVMH Moët Hennessy Louis Vuitton is fueling speculation that the “austerity … [Read more...]

Coach Sues Dallas Retailer Over Alleged Fakes

Sam Moon Trading

Dallas--Coach Inc. is suing Sam Moon Trading Co., saying the Dallas-based fashion accessories retailer prominently displays and … [Read more...]

Richemont Buys Net-a-Porter in $530 Million Deal

Net-a-Porter-iPhone app

Geneva--Luxurygoods group Richemont, which had been tentative about exposure of its high-end luxury watch and jewelry brands into … [Read more...]

Luxury Consumers Willing to Splurge Again

Rodeo Drive, Beverly Hills

New York—Apparently, wealthy customers could only hold out for so long before splurging again!Retail chains posted a 3.7% … [Read more...]

Forecast 2010 & Beyond: Indicators of New Directions

Marshal Cohen, NPD Group: "Open-sell or caseline retail environments have to give way to means for consumers to touch, feel and try on merchandise."

Market analysts predict a very different retail landscape 2010 is looking up to be a pivotal year, one that many retail analyst … [Read more...]