Saks Fifth Avenue OFF 5TH Store Opening in Westbury

Saks Incorporated’s Saks Fifth Avenue OFF 5TH opened its doors in Garden City, NY. The new store is located in the Gallery at Westbury Plaza, which opened in August, and will be featured among a variety of premier retailers and restaurants, including The Container Store, Shake Shack, and Trader Joes. The store will be remodeled … Read more

Stiletto a must have shoe.A history of HIGH HEELS and suggestions for buying them

Stiletto a must have shoes. Stiletto: from fantasy shoe to a highly charged symbol. Elegant, submissive, aggressive, subversive, uncomfortable, very impractical, but sexy as hell, the stilettos reign in the public mind for decades. Named after the stiletto dagger, the homonymous thin high heel has, like its inspiration source, a long slender “blade” and needle-like … Read more

LVMH reports an increase of 26% in the first half revenue

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. “All business groups contributed to this performance, which is even more remarkable coming on top of the strong growth in first half of 2011. The … Read more

Top market-defining factors for luxury in the next three to five years

Factors to watch in the mix of consumers and luxury products   Bain & Company, one of the leading advisor to the global luxury goods industry expects an average of seven to nine percent annual increases in global sales to fuel luxury brands’ growth aspirations until the middle of the decade. “Brands must develop strategies … Read more