Luxurygoods


New Research Reveals Luxurygoods Role in Relationships

"Roman Skyline", the Fendi F/W 2013-2014 ad campaign shot by Karl Lagerfeld.

Minneapolis—We all know that women love their handbags and shoes as a means to update their wardrobes or express their style … [Read more...]

LVMH Increases Stake in Hermès (Again)

LVMH-Hermes

Paris—LVMH confirmed today that it has increased its stake in Hermès International to 23.1% from 22.6% in what it described as “an … [Read more...]

Week in Review: Articles to Recall

Legendary model Lauren Hutton appears in Lucky Brands' Fall '13 ad campaign

New York—We learned a lot about luxury this week. LVMH and Kering, two of the largest luxurygoods conglomerates, reported their … [Read more...]

LVMH’s First Half Profit, Sales Miss Expectations

Louis Vuitton

Paris—LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxurygoods company, today reported a first half profit increase … [Read more...]

Kering’s Half Year Profit Slides Due to Exited Businesses

Lady Buckle structured top-handle bag for fall from Gucci

Paris—Kering SA, parent to Gucci, today reported a steep decline in its first half profit as its luxury and sporting goods brands … [Read more...]

After Stronger-Than-Expected Q2, Hermés Headed to Another Record Year?

Hermes claimed victory this year in its long-running dispute with LVMH.

Paris—Buoyed by a 12% jump in its second quarter sales, Hermés said today that its full year revenue is well on its way achieving  … [Read more...]

America’s Wealthiest Women’s Favorite Brand? Tiffany, Michael Kors

From Tiffany's Ziegfeld Collection

New York—Which brands do America’s ultra-wealthy consumers like best? Tiffany & Co. and Michael Kors. That’s what the … [Read more...]

Affluent Shoppers Are Playing a Larger Role in Fashion, Study Concludes

From Gucci's Cruise 2014 Collection

Stevens, PA—Although the so-called mass market accounts for the most sales in the fashion industry, a new study found that … [Read more...]

Chanel Tops List of China’s 50 Most Popular Luxury Brands

Backstage at the Cruise 2013/14 fashion show with Karl Lagerfeld and models

Shanghai—With China the key target for expansion among luxury brands (nearly all brands for that matter), the top ranked brands … [Read more...]

Study: Ultra-Wealthy Spend More on Experiences, Less on Accessories?

Wealthy Shoppers

New York—Although a new survey of ultra-wealthy U.S. consumers by the Luxury Institute found pentamillionaires plan to spend more … [Read more...]

Burberry Gains 14% Profit as Asia Sales Prosper

British musician Sophie-Rose Harper in the latest Burberry Spark Sunglasses campaign

London—In what was viewed as a dramatic turnaround in the luxury market, Burberry Group PLC today reported a pretax profit ahead … [Read more...]

Week in Review: Top Fashion Reads from the Web

CK Calvin Klein Summer 2013 watch ad. A new campaign for Calvin Klein platinum label will replace starting this fall.

New York--Retail earnings season is definitely off to a mixed result. The U.S. Commerce Department reported better-than-expected … [Read more...]

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