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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
The CFDA signs partnership with China’s leading online fashion retailer The Council of Fashion Designers of America (CFDA) has signed its first Chinese partnership with Shangpin.com, China’s leading online fashion retailer and China’s first online retailer to sell in-season contemporary and designer brands at full price. As part of the agreement, Shangpin will support CFDA … Read more