Mulberry chief executive steps down in wake of profits warning
Bruno Guillon leaves luxury handbag maker after attempt to move upmarket by raising prices causes shares to tumble
Bruno Guillon leaves luxury handbag maker after attempt to move upmarket by raising prices causes shares to tumble
Forbes Travel Guide’s Ratings: Luxury Brands Continue to Shine. Forbes Travel Guide unveiled its 56th list of Star Rating recipients worldwide, including 15 new Five-Star hotels, 16 new Five-Star restaurants and five new Five-Star spas. The total number of Five-Star hotels now numbers 97 worldwide, the most in Forbes Travel Guide’s history. This year’s list … Read more
Reversing the trend of recent years, the Americas region is the king of the luxury goods spending hill, estimated to grow at four percent in 2013 versus 2012, surpassing the estimated 2.5 percent growth rate for China, as luxury spending in that country moderates, according to the 12th Edition of Bain’s Luxury Goods … Read more
Around the world, the retail market rebounded in the first half of the year, with international and luxury brands expanding to new markets and high street properties growing in popularity, according to a new report from Colliers International. The 2013 Global Retail Highlights Report indicates increasing sales around the world, growing rents in highly coveted … Read more
Interbrand’s 2013 Best Global Brands. The luxury sector. Despite the fact that China’s GDP growth has slowed, luxury brands performed solidly in this year’s Best Global Brands ranking by Interbrand. Seven of this year’s 100 most valuable brands hail from the luxury sector, and each increased its brand value by five percent or more. The top … Read more
Digital growth may be embryonic, but its luxury publications continue to show resilience to magazine downturn