Kempinski To Open Luxury Hotels In Ghana This Year Over the next few years, key destinations in Africa will be populated with 4 Kempinski hotels. Europe’s longest- established luxury hotel company announced the signing of a management agreement with the Simba Corporation Limited for a 200 key hotel in the heart of Nairobi and … Read more
Brazil Tops A.T. Kearney Global Retail Development Index for the Second Year A growing middle class economy, high consumption rates, a large, urban population, and reduced political and financial risk has catapulted Brazil to first place of the 2012 A.T. Kearney Global Retail Development Index. Brazil tops A.T. Kearney Global Retail Development Index for … Read more
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