In an attempt to find growth, the companies are, again, turning to multichannel, believing that when channels coordinate, the whole is greater than the sum of its parts. Although e-commerce continues to register double-digital growth year-over-year, online sales have not matched the hype and vision evangelized over the last 15 years. In the same vein, … Read more
LVMH: 22% Increase in Revenue for the First Nine Months of 2012 LVMH’s Beauty Sales Remain Strong LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the … Read more
Specialty Retail 2012: Mobile and Amazon are reshaping retail. M-commerce is the fastest growing channel in the history of commerce Digital IQ Index: Specialty Retail 2012: E-commerce is now M-commerce L2, a think tank for digital innovation, released its third annual Digital IQ Index: Specialty Retail. The report benchmarks the digital competence of 76 global … Read more
Karl Lagerfeld launching Shu Uemura beauty line After the capsule line for French beauty chain Sephora, Karl Lagerfeld’s next beauty partnership in his endless series of collaborations is a line with Shu Uemura, the international cosmetics brand founded by world-renowned Japanese make-up artist and beauty guru Shu Uemura. Karl Lagerfeld, a longtime customer and … Read more
Marc Jacobs is expanding its fashion & beauty empire wiht a new makeup range produced in partnership with beauty giants Sephora. “Anything to me that is part of the joy, the ritual, of getting dressed — things that women enjoy like bags, shoes, fragrance, clothes, makeup — that’s what fashion’s about for me,” the designer … Read more
What about your mobile competence? L2 Prestige 100: Mobile IQ: study Sephora, Nordstrom, Macy’s, NET-A-PORTER and Bloomingdale’ssecure the top spots in the inaugural L2 Prestige 100: Mobile IQ report that measures the mobile competence of 100 brands. The Mobile IQ distribution reveals a significant, widespread underinvestment in mobile, as nearly half the brands were designated … Read more