Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Jean Paul Gaultier gets new boss Ralph Toledano, ex-ceo and chairman at luxury fashion house Chloé, was named new head of Jean Paul Gaultier, announced Spanish perfume and fashion group Puig. Ralph Toledano will now take over the Puig fashion division beginning January 30, and will initially run Gaultier, which Puig took over last year, … Read more
Wealthy Consumers From Seven Nations Define What Constitutes Luxury and How They Shop and Rank Brands; Superior Quality, Craftsmanship and Customer Service Remain Essential but Many Firms Fall Short New York City-based Luxury Institute released “Luxury Branding and Marketing: A Global Comparison of Wealthy Consumers in Top Markets,” a survey of wealthy consumers in the … Read more
Vacheron Constantin Says Watches for 2012 are Already Sold Out In the first two days of the 2012 SIHH watch fair in Geneva, Vacheron Constantin, the oldest Swiss watchmaker in continuous operation sold out all the production for the year. Vacheron Constantin expects to have a “great” year and to increase its revenue, though growth … Read more
Us Ambassador to China interviewed by Gary Locke. “China is an old civilisation and a new country constantly reinventing itself…with metropolitans from 5 to 10 million confident people, looking for the future… IP protection will become the success of China….” Chinese mind is so different than Western mind, it is brilliant from the US to … Read more
Between France and Italy, the men’s wear business is “ready-to-war,” says Suzy Menkes in her latest article dedicated to men’s wear booming. The French luxury companies have seized the opportunity to ally with Italian savoir-faire. PPR, the luxury group headed by François-Henri Pinault, completed its 100 percent purchase of the Italian men’s wear brand Brioni. … Read more
Roberto Cavalli has teamed up with Swiss haute horlogerie brand Franck Muller for the “Roberto Cavalli by Franck Muller” watch collection, scheduled to bow globally this fall. WWD reports January 16 that the timepieces will be available in Cavalli boutiques, as well as Franck Muller stores and selected retailers. Available for men and women, prices … Read more