Archive for July, 2009

High-End Retailers Offering More Discounts – New York Times 0

New York Times High-End Retailers Offering More Discounts New York Times More and more, the action is on the Internet. “Not so long ago, many of the luxury brands saw it as a mass vehicle,” said...

Global Tech Trends | HotelNewsNow.com 0

Technology has always lent itself favorably to the notion that to survive in unprecedented times, innovation is the name of the game. Software and microchips are practically obsolete by the time...

Gucci Says World Luxury Demand Stable After Post-Lehman Plunge – Bloomberg 0

The Associated Press Gucci Says World Luxury Demand Stable After Post-Lehman Plunge Bloomberg July 31 (Bloomberg) -- Gucci's billionaire owner, Francois- Henri Pinault, said the world's...

Bulgari Shares Surge; Analysts Say Worst Has Passed For Co – Wall Street Journal 0

Bulgari Shares Surge; Analysts Say Worst Has Passed For Co Wall Street Journal The shares have lost about 40% in the last 12 months, after poor earnings and a consumer slowdown in the high-end luxury...

Book Review: ‘Rich: The Rise and Fall of American Wealth Culture’ – WSJ.com 0

Book Review: ‘Rich: The Rise and Fall of American Wealth Culture’ – WSJ.com 0

Report Shows Bonuses Paid by Bailed-Out Banks – NYTimes.com 0

Report Shows Bonuses Paid by Bailed-Out Banks – NYTimes.com 0

BofA said to be eyeing Chinese wealth market 0

Bank of America intends to provide wealth management services to wealthy Chinese clients under the Merrill Lynch brand, as the US lender prepares to establish a wholly owned local subsidiary, sources...

BofA said to be eyeing Chinese wealth market 0

Bank of America intends to provide wealth management services to wealthy Chinese clients under the Merrill Lynch brand, as the US lender prepares to establish a wholly owned local subsidiary, sources...

Business of Luxury: Multi-Brands 0

While the luxury industry has not been as hard hit as most enterprises, the crisis has had it’s impact. Some luxury goods manufactures have spotted the opportunity to slug it out by not...

Business of Luxury: Multi-Brands 0

While the luxury industry has not been as hard hit as most enterprises, the crisis has had it’s impact. Some luxury goods manufactures have spotted the opportunity to slug it out by not...

Bulgari Reports Net Loss in First Half 0

Revenues fell 21.7 percent to 396.4 million euros, dragged down by slow jewelry and watch sales.

Website Seeks To Lure Drinkers To Sherry 0

Can sherry be made cool? Advertising Age says that a Seattle ad agency called Creature has been given the task of bringing a drink more seen in classic literature than in local bars back into the...

Wall Street’s $1 Million-Plus Bonus Club 0

Call it Wall Street's million-plus club: Thursday's report from New York State's attorney general detailed how many employees at the biggest financial firms got bonuses above $1 million for 2008.

Liz Peek: New York Needs Bonuses! 0

New York Mayor Mike Bloomberg must have slept like a baby on July 14. That day, Goldman Sachs reported second-quarter earnings of $3.44 billion, up 93% from the 2008 total, and also told investors...

Around the Net In Brand Marketing: High-End Jeans Take A Battering As Old Standbys Thrive 0

Bottom Lines Squeezed At Key Beauty Firms 0

Revlon, Avon and Shiseido continue uphill battle.

Bottom Lines Squeezed At Key Beauty Firms 0

Revlon, Avon and Shiseido continue uphill battle.

Luxury Society and the Social Media Revolution in Women’s Wear Daily 0

LONDON, United Kingdom — Yesterday, Women’s Wear Daily published an in-depth report about Luxury Society, a project which was first announced on BoF in March of this year. Since the Luxury...

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