Burberry chief executive sells more than £5m of luxury brand’s shares
Christopher Bailey offloads shares after shareholders slapped down fashion brand for handing him share awards
Prada
Calling all shoe lovers: The ‘Shoe Heaven’ – a more five-star hotel than shoe department
Surrounded by shoe perfection in Harrods.A ‘Shoe Heaven’ with private shopping suites opened at Harrods. Shoe Heaven is a place in London’s Harrods. 17 footwear boutiques with collections from over 50 of the biggest luxury brands make the map of this new ‘Shoe Paradise’ opened at Harrods, one of the store’s biggest rennovations to date. … Read more
Fendi, Miu Miu, Giorgio Armani, and Prada fashion show seats up for grabs in charity auction
Prada, Giorgio Armani, Fendi, and Miu Miu fashion experiences up under the hammer. Typically restricted to buyers, press and celebrities, the fashion show seats are now placed up under the hammer. The full front-row experience at Milan Fashion Week next February is offered as a charity auction lot to benefit the Long Island, NY arts … Read more
Miu Miu 2014-2015 Croisière Collection @ Palais d’Iena Paris
Last weekend, Miu Miu, the high fashion brand of women’s clothing and accessories from the Prada fashion house, took center stage with an exclusive event at the Parisian Palais d’Iena (a tree-lined avenue in the 16th arrondissement of Paris) with the attendance of celebrities from cinema x art x fashion industries. The guests were welcomed … Read more
Top 10 luxury brands make exclusivity a priority over ubiquity in 2014.
Consumers felt entitled to buy luxury again. Top 10 luxury brands The value of top 10 luxury-goods brands surged 16 percent to $111 billion, according to the 2014 BrandZ study published by research company Millward Brown. The luxury category brand value rose 16 percent, following a 6 percent rise a year ago.The strong performance illustrates both … Read more
Global luxury goods sector remains resilient: LVMH tops list of world’s largest luxury goods companies
Global luxury goods sector remains resilient, despite tougher consumer market, according to a new Deloitte report. The world’s 75 largest luxury goods companies generated luxury goods sales of $171.8 billion through the end of last fiscal year (fiscal years ended through June 2013) despite a slowdown in the global economy. The average size of the … Read more