Search results for: “luxury retail”
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The world’s leading luxury products group – an increase of 6% in the first half 2013
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13.7 billion in the first half 2013, an increase of 6%. Organic revenue growth was 8% compared to the same period in 2012, which itself saw strong growth. The luxury conglomerate continued to experience good momentum in the US and Asia,…
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Tiffany & Co. to open jeweler’s first wholly owned retail business in Russia
Tiffany to Open a Store in Moscow Tiffany & Co. announced plans to open a two-level store in Moscow’s GUM department store, the city’s premier destination for luxury shopping and a center for art and culture, located in Red Square. At approximately 420 square meters, it is the jeweler’s first wholly owned retail business in…
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The key for winning in the luxury market over the next 15 years, is “to get ready for Luxury 2.0″
Luxury revenues grew by 10 percent in 2012 (at current exchange rates), given the strong growth tailwinds present in the first half of last year, according to Bain & Company, the leading advisor to the global luxury goods industry, in the Spring 2013 update to its “Luxury Goods Worldwide Market Study”. All growth estimates for…
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Top 10 most expensive prime global retail markets
The 10 most expensive cities for retailers Hong Kong continues to rank as the world’s most expensive global retail market, recording prime rents nearly 150 percent higher than New York City and more than 400 percent higher than London and Paris, according to new research from CBRE Group. CBRE’s quarterly survey (Q1 2013), which tracks…
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Most valuable luxury beauty brands
Top 50 Cosmetics Brands: Find out what the best cosmetics brands are Despite the ongoing economic difficulties in many parts of the world, the beauty industry continues to defy the downturn. NPD, R&D and the creation of new brands in the beauty sector is outstripping many other consumer industries and the outlook from analysts is largely…
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Esxence 2013. Join the club. Interview with Sergio Momo – Xerjoff luxury perfume house
The 5th Esxence 2013 was a great opportunity to meet the Italian Luxury Perfume house Xerjoff helmed by Sergio Momo, its founder and creative director. We had the pleasure of taking with Sergio, a perfectionist with an unrivaled passion for fine arts, quality, rarity, heritage in combination with innovation. We saw, smelled and experienced on…