Today in luxury marketing – Ralph Lauren sales miss estimates, but it sees a pick-up; Fabrizio Cardinali appointed Dunhill CEO as change continues at Richemont; Luxury-goods companies go to great lengths for China’s VIP shoppers; Luxury buyers preferring bright colors over sober classics.
Luxury Daily will not publish on Monday, May 27, in observance of Memorial Day. Thanks to all veterans for your service to our country.
Today in luxury marketing – Chanel leads luxury fashion brands on Pinterest: study; Dine at the world’s first Armani café; Fabio Guidetti named Elie Tahari international president; Mercedes dealer review opens home front in luxury war.
Today in luxury marketing – Asia growth lifts Burberry profit 14pc; Armani growth continues as operating profit rises 20pc; Marty Wikstrom exits Richemont; Collecting art with François Pinault.
Today in luxury marketing – Qatar Holding “looking at” Versace investment; Neiman Marcus scales back in China; Saks stock gains on down day for market; Luxury car prices fall in China amid government frugality push.
Today in luxury marketing – LVMH readies workshops for visitors; Jewelry expected to help Richemont to outshine peers; $1M of Chopard jewelry stolen at Cannes Film Festival; Do not give Nordstrom the boot.
Today in luxury marketing: Carolina Herrera puts renewed focus on Asia; New Mercedes-Benz S-Class unveiled; Audi sees new performance cars joining A3 to drive 2013 growth; Richemont chairman to take a break.
Today in luxury marketing – Kering to make luxury leather goods in Serbia with state support; Cartier line inspired by Paris; Pininfarina and BMW collaborate on concept car; Porsche again staring down another $1.8B in hedge fund lawsuits.
Today in luxury marketing – Tod’s Q1 earnings fall, CEO sees growth abroad; Nicole Kidman to appear in Jimmy Choo ads; Audi sales in China exceed BMW, Mercedes on demand for SUVs; Aston Martin holder Investment Dar offers assets to creditors.
Today in luxury marketing – Italian shoemaker Ferragamo Q1 profit doubles; Ralph Lauren to open on Fifth Avenue in New York; Wedgwood repositions as luxury home and lifestyle brand with BuroCreative; Luxury brands blame slowdown on China’s gifting crackdown.