PPR & Yoox prepare a joint e-commerce project French luxury group PPR and Italian online fashion retailer Yoox are holding commercial discussions to examine the possibility of working together on an e-commerce project “No definitive agreement has been signed to date,” PPR said in a statement. Shares in Yoox rose more than 10 percent after … Read more
Selfridges Named Best Department Store in the World At the Global Department Store Summit in Paris (GDSS), The Intercontinental Group of Department Stores (IGDS) announced that Selfridges has once again been recognised as the Best Department Store in the World for a second time, and will retain the honour until 2014. Selfridges took the … Read more
New L2 Study Ranks Digital Competence of Over 100 Iconic Brands in Brazil, Russia, and India L’Occitane ranks #1 in both Brazil and Russia, and Westin Hotels & Resorts leads in India in the new L2 Digital IQ Index: Brazil Russia India. The Index, the first study of its kind, measures the aptitude of over … Read more
Although Fisker Karma was met in the U.S. with sharp criticism and damaging publicity, the manufacturer of luxury Electric Vehicles with extended range had an exceptionally strong quarter in Europe. Fisker Automotive become one of Holland’s best-selling vehicles. Fisker was the second-highest-selling brand in the Netherlands in luxury four-door models between January and April, overtaking … Read more
Estée Lauder Companies Third Quarter Earnings Per Share Rise to $.38, before Restructuring Activities Underlying Sales Growth Remains Solid For the quarter, The Estée Lauder Companies reported net sales of $2.25 billion, a 4% increase compared with $2.17 billion reported in the prior-year quarter. Excluding the impact of foreign currency translation, net sales increased 5%. … Read more
Moonmachine by Stepan Sarpaneva MB&F’s innovative bug-eyed HM3 Frog has a brother with artistic ambitions. The MB&F Moonmachine hybrid watch was created together with Finnish watchmaker Stepan Sarpaneva who used his own face to work on the project. Retailed at ~ $98,000, the Moonmachine is the first of the MB&F Performance Art pieces by … Read more