Search results for: “luxury retail”
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Luxury shoppers visit the mall 25% more times than the average shopper
Luxury shoppers are bucking the trend in retail: visiting the mall more often and spending more money in each visit than the average shopper. They’re in malls because they know they can find the most variety and enjoy spending time there, according to Eye’s survey, one of the US leading mall media provider, that has…
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Luxury hoteliers expanding in Africa region
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…
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Global Retail Development Index led by Brazil, Chile, China, Uruguay and India
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…
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Brian Atwood’s acquisition to accelerate the development as a global luxury brand
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…
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Nordstrom, Bergdorf Goodman and Barneys New York ranks first in luxury for wealthy shoppers: survey
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…
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Strong Q1 sales growth for French luxury group PPR. Luxury division surged 29.1%
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…