Search results for: “gucci”
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Champagne sales are bubbling again
After a serious hit in 2008 and 2009, the French champagne industry is preparing for a good season. The first signs of a bumper year came this past summer. The CIVC, which sets the criteria for the harvest, authorized the maximum volume of grape picking—a sign of optimism for the medium term as grapes picked…
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When consumers buy luxury footwear, they buy more than shoes: study
Christian Louboutin most sought-after luxury footwear brand: study According to findings from a study released by Digital Luxury Group, the United States is the most important market for the shoes industry right now. Individuals from the country make up more than 40 percent of the searches. Following is Britain with 17 percent, France at 9.6…
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Food Design: The most expensive artisan mince pie
December is the month of suprizes and “most expensive” experiments. Andrew Stellitano, who runs food design firm Astarism, created a £3,000 mince pie. The Christmas cookie was made for a pie workshop in a London shopping centre, where visitors can create their own “artisan” mince pies. Using a mix of traditional ingredients from recipes dating…
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Young consumers are racing to purchase “New Luxury” Goods, finds PM Digital Study
E-Commerce Landscape Shifting Towards “New Luxury” Goods While many consumers remain focused on prestige pieces that will retain their worth, young consumers are racing to purchase “new luxury” accessories like high-priced handbags and shoes, according to a study just released by PM Digital, a New York-based digital marketing agency. This is among the findings in…
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Luxury divisions increased PPR sales with 7 pct
Luxury Group PPR sees 7 pct increase in sales, led by luxury divisions French retail and luxury company PPR posted a solid increase in revenue for the third quarter as its luxury divisions made up for shortfall in retail. The company behind Yves Saint Laurent and Gucci said Wednesday that a 25-percent jump in sales…
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Burberry named most digitally competent luxury brand. Prada – biggest digital disappointment in luxury
L2, a think tank that conducts research on digital business innovation, has released its annual study on the most web-savvy designers. L2 Digital IQ Index reports provide brands with a benchmark to measure digital competence against peers. Developed by L2 founder and NYU Stern Professor Scott Galloway, the Digital IQ is a tool that scores…