Brioni bought by PPR luxury and retail group In order to strengthen its position in the high-end menswear market, PPR luxury group will acquire Italian men’s fashion brand Brioni. Zegna and Eurazio, the French private-equity firm, had also talks with the Bond suit-maker about a potential offer, but PPR is the winner of this contest. … Read more
Luxury Group PPR sees 7 pct increase in sales, led by luxury divisions French retail and luxury company PPR posted a solid increase in revenue for the third quarter as its luxury divisions made up for shortfall in retail. The company behind Yves Saint Laurent and Gucci said Wednesday that a 25-percent jump in sales … Read more
Luxury cheeses and cooked meats top the shop lifting league as middle classes pilfer More people are stealing and they are stealing more Cheese and cold meat top the target list for British shoplifters, as cash-strapped consumers struggle to maintain their lifestyles. Customers and shop staff stole a total of £4.9billion of goods last year … Read more
Worldwide luxury goods market poised to surge 10 percent in 2011 as growth in China and mature markets increases, according to newly-released 10th edition of Bain & Company’s luxury goods worldwide market study. Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in … Read more
Pentawards is an worldwide competition exclusively devoted to packaging design in all its forms. It is open to everybody in all countries who are associated with the creation and marketing of packaging. The winners receive bronze, silver, gold, platinum or diamond Pentawards according to the creative quality of their work. Packaging design from the world … Read more
Luxury Institute’s trends for 2012: The luxury industry players are asking the same question: How much will last the relative growth registered in 2011? Luxury Institute, after an actionable research with wealthy consumers, presented its annually report on trends that all luxury brands should follow the next year: 1. The Annual Luxury Brand Check-Up Emerges … Read more