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Louis Vuitton, BMW, Bergdorf Goodman and Chinese luxury tax – News briefsBy Staff reports
Joshua Schulman to head Bergdorf’s
Joshua Schulman, former chief executive of Jimmy Choo, has landed one of retail’s plum jobs: He is set to become president of Bergdorf Goodman on May 7, WWD has learned.
Click here to read the entire story on WWD
Chinese luxury gets in the zone
China’s government departments are locked in a battle over whether to cut the country’s luxury tax. The Ministry of Commerce wants to drop a roughly 30% tax that drives shoppers to Hong Kong and Paris to buy their Prada handbags and Chanel sunglasses.
Click here to read the entire story on WSJ
BMW fends off Audi for luxury-car lead with revamped 3-Series
BMW defended its lead in luxury-car sales in the first quarter as the revamped 3-Series sedan helped it stave off challenges from Audi and Mercedes-Benz.
Click here to read the entire story on Bloomberg
The cheapest Louis Vuitton piece you will ever own
While Marc Jacobs has been at the helm of Louis Vuitton since 1997, we can venture to say there has never been such a classic piece as the new Louis Vuitton Marc Jacobs Rizzoli coffee table book.
Click here to read the entire story on Refinery29
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