Brian Atwood brand was acquired by the Jones Group. Brian Atwood will retain an ownership stake in the brand and will continue in his role as Creative Director and Designer. Since the founding of his shoe label in 2001, he has established himself as a celebrated designer of statement-making footwear. Working with Brian Atwood, The … Read more
Nordstrom Ranks First in Luxury for Wealthy Shoppers; High-End Retailer Earns Top Scores on Multiple Measures of Customer Experience and Loyalty Wealthy U.S. shoppers earning at least $150,000 a year rank Nordstrom highest among luxury retailers in the 2012 Luxury Consumer Experience Index (LCEI) survey by the independent New York-based Luxury Institute. LCEI … Read more
Strong Q1 sales growth for French luxury group PPR • Group sales up 8% comparable, +15% reported • Luxury division: +18% comparable, +29% reported • Sport & Lifestyle division: +3% comparable, +15% reported In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and … Read more
Harry Winston Diamond Corporation Reports Fiscal 2012 Fourth Quarter and Year-End Results Harry Winston Diamond Corporation announced its fourth quarter and year-end results for the period ending January 31, 2012. The annual results highlights include: Rough diamond production for the calendar year 2011 was 6.7 million carats compared to 6.5 million carats in the prior calendar … Read more
The French luxury group Richemont (Jaeger-LeCoultre, Van Cleef & Arpels, Montblanc, Vacheron Constantin and Shanghai Tang) opened a “retail academy” in Shanghai (China) aimed to fight against poor customer service, one of the biggest issues facing the luxury industry within China. Accepted applicants to the Richemont program will take part in nine weeks of training, … Read more
On the occasion of the third edition of 1.618 Sustainable Luxury, HEC Paris (École des Hautes Études Commerciales de Paris, one of the foremost business schools in France and in Europe) and 1.618 associated their expertise around the prize: “HEC 1618 & Sustainable Luxury Award 2012”. HEC 1618 & Sustainable Luxury Award 2012 goes to the Brazilian … Read more