New L2 Study Ranks Digital Competence of Over 100 Iconic Brands in Brazil, Russia, and India L’Occitane ranks #1 in both Brazil and Russia, and Westin Hotels & Resorts leads in India in the new L2 Digital IQ Index: Brazil Russia India. The Index, the first study of its kind, measures the aptitude of over … Read more
Hermes luxury handbags and silk scarves were sold in 2011 like hotcakes. Hermes reported a record year in 2011 with a 40.9-percent rise in net profit which helped push up its shares 3.01 percent in early trading, informs AFP. Hermes reported record sales, and a net result of 594.3 million euros ($787 million). The luxury … 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