Search results for: “luxury retail”
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Harry Winston luxury segment increased 19% in the prior year
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…
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Richemont Retail Academy. No more poor customer service in China?
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,…
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Osklen awarded with HEC 1618 & Sustainable Luxury Award 2012
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…
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From cheap and chic to high-end: H&M to launch new retail chain
Hennes & Mauritz are plotting a new luxury line Swedish giant Hennes and Mauritz, the owner of H&M, COS, Monki and Cheap is branching into a luxury line. The Swedish retailer confirmed that a new luxury store chain will be launched in 2013 to broaden its offering. “We are making these long-term investments in order…
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Neiman Marcus invests $28 million in Chinese e-commerce luxury market
Top U.S. luxury retailer enters Asian e-commerce market in partnership with Glamour Sales Holding (HK) Top U.S. Luxury Retailer Neiman Marcus Group announced a non-controlling strategic investment in Glamour Sales Holding (HK), a privately held e-commerce company. This will be the company’s first move into the fast-growing luxury retail market in China. “We are taking…
