Luxury Retailing - Business Exchange Most Active Articles 2009-11-24T05:48:56.165-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:luxury-retailing Charles Dubow cdubow602 Macy’s, Kohl’s Gain by Promoting Housewares for Frugal Holidays urn:com:businessweek:bx:article:8296440038450365389-e68440eb54a16813994cdedeb67d0228 2009-11-23T09:31:57.447-05:00 Nov. 23 (Bloomberg) -- Blenders and sweaters may rise in popularity this holiday season as consumers seek to replenish kitchens and wardrobes rather than spend money on luxury gifts. Macy’s Inc. is promoting oven mitts that are meant to be used as... Nov. 23 (Bloomberg) -- Blenders and sweaters may rise in popularity this holiday season as consumers seek to replenish kitchens and wardrobes rather than spend money on luxury gifts. Macy’s Inc. is promoting oven mitts that are meant to be used as... bloomberg.com http://www.bloomberg.com/apps/news?pid=20601093&sid=a.5RnYK11N34 Charles Dubow cdubow602 0 0 0 0 Luxury Outsells High End With 'Value' urn:com:businessweek:bx:article:15687012021362802876-f18ca2659d554d35bc3cce36683ee03e 2009-11-20T09:03:17.289-05:00 As $25 million homes sat on the market and the nation's idea of credit was reduced to cash in a mattress, it was a tough year for the high-end but a good year for luxury. As $25 million homes sat on the market and the nation's idea of credit was reduced to cash in a mattress, it was a tough year for the high-end but a good year for luxury. thestreet.com http://www.thestreet.com/story/10628550/1/luxury-outsells-high-end-with-value.html?cm_ven=GOOGLEFI Charles Dubow cdubow602 18 18 0 0 Online Luxury Retail Remains Elusive urn:com:businessweek:bx:article:14895192547490039412-411cbd70db2a722d7821d75d897ffd50 2009-11-20T08:58:28.478-05:00 Many luxury brands still treat the Internet with caution, worrying an online presence will dilute a sense of exclusivity. Are they missing out? Many luxury brands still treat the Internet with caution, worrying an online presence will dilute a sense of exclusivity. Are they missing out? BusinessWeek http://www.businessweek.com/lifestyle/content/nov2009/bw20091116_196617.htm Charles Dubow cdubow602 15 15 0 0 Burberry to target shoes, purses in the recovery urn:com:businessweek:bx:article:4977771672251109142-811a9f6977243cf0df0635fd9fdc953b 2009-11-17T09:24:04.590-05:00 Burberry is targeting growth in non-clothing ranges like shoes and purses in the economic recovery, the luxury goods group said on Tuesday, as it posted a smaller-than-forecast fall in first-half profit. Burberry is targeting growth in non-clothing ranges like shoes and purses in the economic recovery, the luxury goods group said on Tuesday, as it posted a smaller-than-forecast fall in first-half profit. cn.reuters.com http://cn.reuters.com/article/swissMktRpt/idCNLG25172820091117 Charles Dubow cdubow602 11 9 2 0 Four Distinct Types of Consumers Emerging From the Recession, Study by Decitica Reveals urn:com:businessweek:bx:article:17879939402873070463-6386abe24a690fbe3a7034bdf8145ae2 2009-11-17T10:44:38.001-05:00 The Great Recession has redrawn the American consumer map into four groups: Steadfast Frugalists, Involuntary Penny-Pinchers, Pragmatic Spenders and Apathetic Materialists The Great Recession has redrawn the American consumer map into four groups: Steadfast Frugalists, Involuntary Penny-Pinchers, Pragmatic Spenders and Apathetic Materialists prnewswire.com http://www.prnewswire.com/news-releases/four-distinct-types-of-consumers-emerging-from-the-recession-study-by-decitica-reveals-69080587.html Lauren Young lyoung404 18 17 0 1 Will Luxury Lead the Retail Recovery? urn:com:businessweek:bx:article:9498505269880507231-e238d8351fcb574f057bf66d1f22276d 2009-11-18T09:25:53.657-05:00 Luxury is back. Maybe not in the form of the conspicuous consumption seen pre-2008, but high-end retailers are at least starting to pick up profit gains. Luxury is back. Maybe not in the form of the conspicuous consumption seen pre-2008, but high-end retailers are at least starting to pick up profit gains. thestreet.com http://www.thestreet.com/story/10627874/1/will-luxury-lead-the-retail-recovery.html?cm_ven=GOOGLEN Charles Dubow cdubow602 13 13 0 0 Cartier goes a touch less exclusive for Christmas urn:com:businessweek:bx:article:13986292388005387432-782770d1f50704a59f6f64f8d1764dd7 2009-11-17T11:11:21.009-05:00 Cartier, maker of fine jewelry and watches for the wealthy, has expanded its range of more affordable products ahead of Christmas, meaning more than just a select few may find its red boxes in their stockings this year. Cartier, maker of fine jewelry and watches for the wealthy, has expanded its range of more affordable products ahead of Christmas, meaning more than just a select few may find its red boxes in their stockings this year. Reuters http://www.reuters.com/article/ousivMolt/idUSTRE5AG3ST20091117 Charles Dubow cdubow602 5 4 1 0 Swiss watch Oct exports see slight pick-up urn:com:businessweek:bx:article:6655771422175869222-8560c670f81dcc821324096208f66269 2009-11-19T18:19:51.126-05:00 Demand for Swiss watches picked up slightly in October from the previous month as the pace of decline in exports slowed, pointing to a sluggish recovery reliant on sustained demand from Asia. Demand for Swiss watches picked up slightly in October from the previous month as the pace of decline in exports slowed, pointing to a sluggish recovery reliant on sustained demand from Asia. Reuters http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLI12997220091119 Charles Dubow cdubow602 1 1 0 0 Coach Shares Slide As Department Stores Sound Caution urn:com:businessweek:bx:article:14406708162201497070-3a8a1b634f3f9b48667f9f133970ccb7 2009-11-18T09:14:30.465-05:00 Coach Inc.'s shares slid Tuesday, making the company one of the biggest decliners in the S&P 500, a move analysts attributed to concerns about department stores' inventories and the luxury customer. Coach Inc.'s shares slid Tuesday, making the company one of the biggest decliners in the S&P 500, a move analysts attributed to concerns about department stores' inventories and the luxury customer. online.wsj.com http://online.wsj.com/article/BT-CO-20091117-712567.html Charles Dubow cdubow602 3 3 0 0 CONSUMERS ENTERING HOLIDAY SEASON MORE JOYFUL THAN GLOOMY WITH PLANS TO GIVE; GIFT CARDS TOP THE LIST urn:com:businessweek:bx:article:7074836678776448910-fcb5815257d951c81fb95648dd052e30 2009-11-16T10:45:33.583-05:00 NEW YORK, November 16, 2009 -- Even after a year of recession, for some consumers 'tis the season for a rise in spending. A new survey from American Express reports that 10 percent of consumers actually intend to open their wallets and spend more on holiday gifts relative to last year and 43 percent plan to spend about the same. In the next 30 days, more than one in five U.S. consumers (22%) expect to spend more when compared to the last 30 day period. NEW YORK, November 16, 2009 -- Even after a year of recession, for some consumers 'tis the season for a rise in spending. A new survey from American Express reports that 10 percent of consumers actually intend to open their wallets and spend more on holiday gifts relative to last year and 43 percent plan to spend about the same. In the next 30 days, more than one in five U.S. consumers (22%) expect to spend more when compared to the last 30 day period. home3.americanexpress.com http://home3.americanexpress.com/corp/pc/2009/joy.asp Lauren Young lyoung404 7 6 0 1 Burberry Says Its Christmas Won't Be Marked-Down urn:com:businessweek:bx:article:10940667917874336431-42f75276ca266a308aaaec1f24b6e196 2009-11-18T09:27:38.517-05:00 Luxury clothing and accessories retailer Burberry PLC won't be selling its small leather sling bags at mark-down prices this Christmas after cutting inventory to fit consumers' recessionary pockets. Luxury clothing and accessories retailer Burberry PLC won't be selling its small leather sling bags at mark-down prices this Christmas after cutting inventory to fit consumers' recessionary pockets. online.wsj.com http://online.wsj.com/article/BT-CO-20091117-708185.html Charles Dubow cdubow602 3 3 0 0 Burberry Raises Dividend as Profit Meets Estimates (Update1) urn:com:businessweek:bx:article:15957041737156321632-2437eb859e49c8e4013c8a0dc36f9fa3 2009-11-18T09:24:07.610-05:00 Burberry Group Plc, the U.K.’s largest luxury-goods company, raised its dividend for the first time in 18 months after reporting a drop in first-half profit that was no worse than analysts estimated. Shareholders will receive... Burberry Group Plc, the U.K.’s largest luxury-goods company, raised its dividend for the first time in 18 months after reporting a drop in first-half profit that was no worse than analysts estimated. Shareholders will receive... bloomberg.com http://www.bloomberg.com/apps/news?pid=20601102&sid=aAtzy4o1qRq4 Charles Dubow cdubow602 2 2 0 0 xaxii - Fashion Boutiques - a glimpse into the business model urn:com:businessweek:bx:article:1060056615552226213-bd271916be6d55f84a672414479b59a0 2009-11-18T14:06:12.868-05:00 Fashion boutiques are works of art. Each is an extension of the style and fashion sense of the owner. Consumers seek out boutiques they identify with, and often become devout followers. Boutiques are an essential element of the fashion industry,... Fashion boutiques are works of art. Each is an extension of the style and fashion sense of the owner. Consumers seek out boutiques they identify with, and often become devout followers. Boutiques are an essential element of the fashion industry,... xaxii.com http://xaxii.com/blog/-/blogs/fashion-boutiques-a-glimpse-into-the-business-model Mani Agrawal magrawal825 1 1 0 0 PPR Starts African Unit IPO to Raise $1.5 Billion urn:com:businessweek:bx:article:8154239110965919294-cd8c28616e7fd7ad8addff9c1173ee15 2009-11-17T09:26:36.147-05:00 PPR SA, the owner of Gucci Group, started selling shares in its African unit CFAO today to raise as much as 1 billion euros ($1.5 billion) in France’s largest initial public offering in two years. PPR SA, the owner of Gucci Group, started selling shares in its African unit CFAO today to raise as much as 1 billion euros ($1.5 billion) in France’s largest initial public offering in two years. bloomberg.com http://www.bloomberg.com/apps/news?pid=20601085&sid=aaxBX6eHSuao Charles Dubow cdubow602 2 2 0 0 Lanvin Finds a New Investor urn:com:businessweek:bx:article:10451201994722472141-f3af6c15860da3da5129f0b843527834 2009-11-18T11:53:45.523-05:00 Lanvin has confirmed today that it has sold a minority stake to an investor today as part of a plan to grow the business considerably over the coming years. The identity of the European family holding company behind the investment has not yet been revealed but the label did confirm that it had sold 12.5 per cent of Arpège SAS, the holding company for Lanvin in order to leverage future growth. Lanvin has confirmed today that it has sold a minority stake to an investor today as part of a plan to grow the business considerably over the coming years. The identity of the European family holding company behind the investment has not yet been revealed but the label did confirm that it had sold 12.5 per cent of Arpège SAS, the holding company for Lanvin in order to leverage future growth. vogue.co.uk http://www.vogue.co.uk/news/daily/091118-lanvin-finds-a-new-investor.aspx Charles Dubow cdubow602 1 1 0 0 Saks, Target Say They Remain ‘Cautious’ About Demand urn:com:businessweek:bx:article:698435836130336109-abf576d09e7979fbd8ce3a86bbb6593e 2009-11-18T09:22:33.336-05:00 Saks Inc., the U.S. luxury retail chain, and Target Corp., the second-largest discount chain, said they remain cautious about demand after reporting third-quarter earnings that beat analysts’ estimates. New York-based Saks... Saks Inc., the U.S. luxury retail chain, and Target Corp., the second-largest discount chain, said they remain cautious about demand after reporting third-quarter earnings that beat analysts’ estimates. New York-based Saks... bloomberg.com http://www.bloomberg.com/apps/news?pid=newsarchive&sid=as5fEBTzREn8 Charles Dubow cdubow602 1 1 0 0 How Luxury Will Survive urn:com:businessweek:bx:article:15568687938693596885-57e4bfa0fe6319189d20615e73b9b395 2009-11-05T17:49:31.485-05:00 It is no surprise that the bursting of the credit bubble led to a global crash in consumer spending on luxury goods. The traditional markets for luxury goods in the West and Japan—where 80 percent of the world’s $228 billion luxury sales take... It is no surprise that the bursting of the credit bubble led to a global crash in consumer spending on luxury goods. The traditional markets for luxury goods in the West and Japan—where 80 percent of the world’s $228 billion luxury sales take... thebigmoney.com http://www.thebigmoney.com/articles/after-fad/2009/11/03/how-luxury-will-survive Leslie MacCallum lmaccallum946 49 49 0 0 How Oakley Takes Aim at the Luxury Market urn:com:businessweek:bx:article:8808950379783708433-18b99d4e22d0db39b1f072c3d12f5a61 2009-11-16T22:49:04.242-05:00 The frame of Oakley's Elite C Six sunglasses is composed of 80 layers of carbon fiber. The glasses cost $4,000. Oakley Neil Ferrier, 25, had graduated from the Scotland's University of Strathclyde in Glasgow only six months earlier when he was asked... The frame of Oakley's Elite C Six sunglasses is composed of 80 layers of carbon fiber. The glasses cost $4,000. Oakley Neil Ferrier, 25, had graduated from the Scotland's University of Strathclyde in Glasgow only six months earlier when he was asked... BusinessWeek http://www.businessweek.com/innovate/content/nov2009/id20091111_022250.htm Michael Arndt marndt561 2 2 0 0 Reinet Investments says H1 profit at 406 mln euro | Markets | Hot Stocks urn:com:businessweek:bx:article:10552690152810485367-4a805a2c1beb9b926f9f34ee330070a0 2009-11-17T09:28:50.341-05:00 Investment firm Reinet Investments SCA--which is controlled by South African tycoon Johann Rupert, chairman and CEO of Richemont--posted a first-half profit of 406 million euro on Tuesday and said net asset value rose 22 percent to 2.25 billion euro ($3.37 billion). Investment firm Reinet Investments SCA--which is controlled by South African tycoon Johann Rupert, chairman and CEO of Richemont--posted a first-half profit of 406 million euro on Tuesday and said net asset value rose 22 percent to 2.25 billion euro ($3.37 billion). Reuters http://www.reuters.com/article/hotStocksNews/idUSLH54567320091117 Charles Dubow cdubow602 0 0 0 0 Fashion king Ralph Lauren and wife establish Yale professorship- The New Haven Register urn:com:businessweek:bx:article:14634949628881928979-fa3907e42f2d95d58f3597fa952f1165 2009-11-16T09:18:01.654-05:00 Iconic American designer Ralph Lauren and his wife, Ricky, have established a professorship at the Yale School of Architecture in memory of the late architect Charles Gwathmey, Yale University President Richard C. Levin announced... Iconic American designer Ralph Lauren and his wife, Ricky, have established a professorship at the Yale School of Architecture in memory of the late architect Charles Gwathmey, Yale University President Richard C. Levin announced... nhregister.com http://www.nhregister.com/articles/2009/11/15/entertainment/doc4aff70bd40071814931470.txt Charles Dubow cdubow602 2 2 0 0 U.S. Stocks Extend Global Rally on Retail Sales, APEC Pledge urn:com:businessweek:bx:article:12067229970568476354-8c765f2cb556d2b51fb1f1d3e768c33f 2009-11-16T11:52:04.958-05:00 U.S. stocks added to a global rally, sending the Standard & Poor’s 500 Index to a 13-month high, after retail sales increased more than forecast and Asian government leaders pledged to maintain economic stimulus spending. U.S. stocks added to a global rally, sending the Standard & Poor’s 500 Index to a 13-month high, after retail sales increased more than forecast and Asian government leaders pledged to maintain economic stimulus spending. bloomberg.com http://www.bloomberg.com/apps/news?pid=20601087&sid=aQgWDlsO0Gj0 Charles Dubow cdubow602 0 0 0 0 A Site Says Bonjour to China urn:com:businessweek:bx:article:8866091967236802498-872d28262075091479c89a81b1fbd202 2009-11-16T09:44:31.672-05:00 As the Chinese ambassador to France, Kong Quan, flipped the switch for a large display of the site, no fewer than 40 chief executives of luxury brands as diverse as Christian Dior, Baccarat, Boucheron, Hermès and the... As the Chinese ambassador to France, Kong Quan, flipped the switch for a large display of the site, no fewer than 40 chief executives of luxury brands as diverse as Christian Dior, Baccarat, Boucheron, Hermès and the... New York Times http://www.nytimes.com/2009/11/17/fashion/17iht-rcolbert.html?_r=1 Charles Dubow cdubow602 0 0 0 0 Ready to Wear: Celine is synonymous with a rigorous, metropolitan aesthetic - Frankel, Fashion urn:com:businessweek:bx:article:9402653519468106316-2325f87615d881d19d9f672e217b8481 2009-11-16T09:21:18.371-05:00 When Tom Ford parted company with the Gucci Group back in 2004, fashion pundits predicted the end of an era for the "superstar designer". Henceforth, it was argued, anonymous teams would be the order of the day, the types who did most of the work... When Tom Ford parted company with the Gucci Group back in 2004, fashion pundits predicted the end of an era for the "superstar designer". Henceforth, it was argued, anonymous teams would be the order of the day, the types who did most of the work... independent.co.uk http://www.independent.co.uk/life-style/fashion/frankel/ready-to-wear-celine-is-synonymous-with-a-rigorous-metropolitan-aesthetic-1821225.html Charles Dubow cdubow602 0 0 0 0 2010 trends: Social media marketing urn:com:businessweek:bx:article:15324440169143249990-b8b8e36e9cb39316b055aef54ee4072d 2009-11-12T02:09:16.332-05:00 Fashion industry is beginning to the success of its social media work. However, data bias and listening to customers is the challenge for next year. Fashion industry is beginning to the success of its social media work. However, data bias and listening to customers is the challenge for next year. commetrics.com http://commetrics.com/articles/leverage-best-practice/ Urs E. Gattiker ugattiker307 4 2 0 2 Future of Shopper Marketing urn:com:businessweek:bx:article:18046053224465157282-f72989973c0e3ed933266045af9996d4 2009-11-14T09:34:02.879-05:00 The Sam Walton Business School at the University of Arkansas is on our calendar every October because of the superb annual conference run by the Center for Retailing Excellence. Andy Murray, Global CEO of Saatchi & Saatchi X, was a founder of the... The Sam Walton Business School at the University of Arkansas is on our calendar every October because of the superb annual conference run by the Center for Retailing Excellence. Andy Murray, Global CEO of Saatchi & Saatchi X, was a founder of the... business-strategy-innovation.com http://www.business-strategy-innovation.com/2009/11/future-of-shopper-marketing.html Braden Kelley bkelley034 2 2 0 0