News briefs

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.

Today in luxury marketing – Nayla Hayek becomes CEO Of Harry Winston; Vanity Fair lands John Galliano interview; China’s anti-corruption campaign is masking the real causes of the luxury slowdown; The new luxury kids’ rooms.

Today in luxury marketing – The ultimate Slimane on Avenue Montaigne; Richemont appoints new heads to Montblanc, Jaeger-Le Coultre brands; Ferrari tries to cut car sales to protect brand exclusivity; Daimler says it is in supply discussions with Aston Martin.

Today in luxury marketing – Valentino thinks big for Fifth Avenue store; Probably the punkest windows Bergdorf will ever have, up now; Selfridges to launch drive-through service; Lehman puts Ritz-Carlton Maui resort up for sale.

Today in luxury marketing – Tiffany vs. Costco: Which diamond ring is better?; Barneys CEO Lee takes anti-Penney approach to turnaround; Neiman Marcus explores options; LVMH appoints new TAG Heuer CEO.

Today in luxury marketing – Roy Lichtenstein accessories at Barneys New York; Audi $1.3 billion Mexico SUV plant aimed at unseating BMW; BMW’s car profits slip on Europe and technology costs; Estée Lauder shares reach 52-week high.

Today in luxury marketing – Zegna posts 13pc gain in full-year profits; Hugo Boss Q1 sales fall more than expected; Vivienne Westwood designs Virgin uniforms; Mercedes extends US luxury lead over BMW in April.