On November 25, Luxury retailer Saks Fifth Avenue will carry the iconic Christmas windows tradition forward with the debut of its Snowflake Spectacular, a dramatic light show projected onto the façade of the building. . Everyone—from resident New Yorkers to tourists—will be dazzled by this year’s display, says Saks Fifth Avenue. Saks Fifth … Read more
A Selection of Fantasy Gifts and Experiences, Including a Limited-Edition Aston Martin, Indian Larry’s “Wild Child” Motorcycle, and a Forevermark Diamond Experience. Bespoke Global Falconry Companion, $150,000. The arrival of the Neiman Marcus’ Christmas Book is considered by many to mark the official start of the holiday shopping season. The 87th edition of the … Read more
eBay Style: eBay Joins with Xiu.com to bring global style to China eBay, the world’s leading online marketplace, and Xiu.com, a leading Chinese online fashion and luxury retailer, launched a localized online shopping experience, called eBay Style. The new venture aims to “bring the very best of eBay to Chinese consumers, particularly in fashion”. Through … Read more
Luxury retailer Georg Jensen sold to Investcorp Teaming up with luxury sector entrepreneur David Chu, to cultivate a leading global luxury brand Scandinavia’s leading luxury retailer Georg Jensen, founded by the eponymous Danish designer in 1904, was sold to Investcorp group for $140 million. As part of this transaction, Investcorp has teamed up with David … Read more
Luxury Brands Move into Chinese E-Commerce Space Salvatore Ferragamo is the latest luxury brand to move into Chinese E-Commerce following moves by other retailers such as Net-A-Porter, Yoox, Zara, Armani, and Coach. Luxury house’s sales in China grew 36% first quarter of 2012.In 2011, online retail generated about $121 billion in sales. Ferragamo‘s online retail … Read more
Saks Incorporated Announces Opening of Saks Fifth Avenue Store in Almaty, Kazakhstan The growing and vibrant Almaty, Kazakhstan has its own tri-level, approximate 91,000 square foot Saks Fifth Avenue store – the first of its kind in Kazakhstan. The new store will include a VIP Club for both women and men and offer an ongoing … Read more