Archive for November, 2009

S&P Lifts Outlook On Saks On Improved Liquidity, Margins – Wall Street Journal 0

Novinite.com S&P Lifts Outlook On Saks On Improved Liquidity, Margins Wall Street Journal Standard & Poor's Ratings Services lifted its junk-level ratings outlook on Saks Inc. (SKS) to...

What have the wealthy got against Scandinavia? 0

Denmark, Norway, Sweden and Finland invariably top prosperity surveys, their cities lead quality-of-life reports and their citizens live long lives.

Hedge funds set for best year in a decade 0

Hedge funds are poised to register their best investment returns for a decade, staging a remarkable turnaround as some of last year’s worst-performing funds leap to the top of the tables.

Why the Luxury ‘Rebound’ May Be Premature 0

Luxury is making a quiet comeback–at least according to the luxury industry. A spate of recent reports suggests that luxury goods, which were clobbered during the downturn, are being revived by...

Comite Colbert Adds Five New Members – Fashion Wire Daily (subscription) 0

Comite Colbert Adds Five New Members Fashion Wire Daily (subscription) The past few weeks have been busy for the luxury grouping which last month inaugurated a major new website designed to allow...

Was It All a Bad Dream? Ad Business Optimism at 2007 Levels. [MediaMemo] 0

Your semidaily dose of advertiser pulse-taking: People who plan to spend money on ads seem more chipper than they have been in two years. The summary, via MediaPost: The optimism of ad executives...

Bling creeps back amid the frugality 0

Luxury retailers lost their traditional resilience during a financial crisis that hit the rich hard but offered attractive leverage to Wall Street’s resurgence, the global recovery and increasingly...

EBay Fined $2.5 Million Over LVMH Perfume Sales on French Site – Bloomberg 0

BBC News EBay Fined $2.5 Million Over LVMH Perfume Sales on French Site Bloomberg EBay, the most-visited US e-commerce Web site, has had some success defending its anti-counterfeiting efforts in...

Chinese Paintings Beat Estimates as Buyers Battle in Hong Kong – Bloomberg.com 0

A 4-meter abstract painting of falling snow by Chinese artist Chu Teh-Chun fetched a record HK$45.5 million ($5.9 million) in Hong Kong, the surprise top lot of an auction that saw bidders vie for...

Wealthy Investors Plan to Buy More Real Estate, Barclays Says – Bloomberg.com 0

Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global...

The Media Equation: The Fall and Rise of Media 0

Print publishers and the writers and editors who worked for them once ruled the literary roost in New York. Now, make way for those who push pixels.

Shhh! Wall Street Is Spending Again 0

Confident of getting fat bonuses, Wall Street's elite traders and executives are quietly spending again.

Mideast meltdown puts Barneys in creditors’ reach – New York Post 0

Stuff.co.nz Mideast meltdown puts Barneys in creditors' reach New York Post Perry quietly became Barneys' largest bondholder earlier this year, and Burkle has recently amassed a big chunk of...

E-tailer of the Year: Gilt Groupe 0

Gilt Groupe's Websites have attracted a cult-like following of fashion-hungry customers.

Company of the Year: Steven Madden Ltd. 0

The firm is beating the recession with cool collaborations and a successful pricing formula.

Demand for Luxury Watches Percolating 0

There are signs that demand for luxury timepieces is picking up, even as the impact of the global recession drags on.

Not Buying Bravo’s “Launch My Line” 0

Bravo Dan and Dean Caten of DSquared host “Launch My Line.” As a German philosopher once noted, “In fashion, one day, you’re in, and the next day, you’re out.” So it goes for reality fashion...

Armani, Cavalli Target Online Shoppers to Boost Holiday Sales – Bloomberg 0

Armani, Cavalli Target Online Shoppers to Boost Holiday Sales Bloomberg “I expect a significant boom in online luxury sales during the Christmas period,” said Alessandro Perego, a professor in charge...

Art Basel Miami Beach: It’s About the Art Again 0

Art Basel Miami Beach starts on Thursday, and the word "test" is being used instead of "expectation." Even though there have been signs this month that the art market is turning the corner (or at...

Luxury home prices rebound in London – Economic Times 0

Luxury home prices rebound in London Economic Times LONDON: Luxury home prices in central London rose on an annual basis for the first time in 17 months as bank and hedge-fund executives bought...

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