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Creative crunch, not credit crunch, threatens luxury brands

19 Mar 2009 | by Nicola Clark

is decimating the luxury goods market according to a new report....creative routes to achieve a brighter future in the luxury market. "In our 24/7 world the cult of instant ... , waiting in itself has become a luxury because 'it gives an opportunity to learn'. The research points ...

Kylie Minogue promotes Tous on London buses

09 Jun 2009 | by Sarah Johnson

LONDON - Luxury goods retailer Tous has partnered with CBS Outdoor to wrap two London buses in ads

Jimmy Choo brand finds new owner as founder stays on

23 May 2011 | by Daniel Farey-Jones

-held luxury goods group, for an undisclosed sum....years ago and has expanded into handbags, leather goods, eyewear, scarves, belts, fragrance and men ...

Diageo mulls purchase of LVMH's Moet and Krug champagne brands

22 Apr 2009 | by Jeremy Lee

luxury goods company....The 10.6bn bid could see LVMH's Krug, Dom Perignon and Moet Chandon brands united with Diageo's Guinness, Smirnoff and Baileys. An insider said that the deal would allow LVMH to buy Hermes and concentrate on fashion and luxury goods. Hermes would fit with LVMH's existing fashion portfolio, which ...

Luxury: Because you're still worth it

22 Feb 2011 | by Nicola Clark

Bernard Arnault, chairman and chief executive of the world's biggest luxury-goods group, described his ... of 5000 purchasers of luxury goods in the US, China and Europe. Findings revealed a significant shift ... on best-in-class examples of affinity marketing need look no further than the luxury-goods market. While ...

Chanel to sell goods online

16 Feb 2010 | by Nicola Clark

landmark decision likely to be followed by rival luxury brands....The fashion house has appointed R/GA New York to develop an ecommerce platform following a pitch. Initially, Chanel will sell only its fragrances online but is looking to extend this to eyewear and accessories. In the past, luxury fashion brands have shied away from selling goods via the web, but some ...

Luxury brands ditch mass-market strategy as credit crunch deepens

24 Feb 2009 | by Nicola Clark

LONDON - Luxury brands have overstretched themselves and as aspirational consumers slash...-income consumers desert luxury brands they have been so keenly buying during the good times, so their profits have started to plummet. Such was the growth in luxury goods over the past decade that the traditional sales ... ' - people who earn their own money - could have a devastating effect on the luxury goods market. 'Over ...

Grazia and retail guru Mary Portas team up for Westfield luxury charity-shop initiative

29 May 2009 | by Becky Wilkerson

-fareast-language:#0400; mso-bidi-language:#0400;} The luxury second-hand goods store will open between 4 and 27 ...

Profile: Good nose for business

27 Jul 2010 | by Nicola Clark

Barbes-Petit. 'It can switch from a highly creative meeting, working with the perfumers to get a good ... , they were perceived as luxuries, today women under the age of 35 are far more likely to view fragrances ...

Sector Insight: Bread and baked goods

13 Apr 2011 | by Jane Bainbridge

. In 2010, the sector was worth 4.9bn, with bread accounting for about 3.4bn and baked goods 1.5bn. Efforts by manufacturers to expand the bread sector have focused on extending into baked goods such as muffins, crumpets, teacakes and malt loaves. Value sales of baked goods have increased 7% in the past two ...

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