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News briefs

Luxury retail stocks, Neiman Marcus and China woes – News briefs

September 14, 2012

 

By Staff reports

Today in luxury marketing:

How to trade the global luxury market today
Luxury retail stocks got a beating earlier this week following Burberry's announcement that it would cut its full-year profit outlook. The London-based fashion house blamed weakness in the luxury goods sector for a possible shortfall in sales. Other global luxury stocks traded down on the news, including Richemont, Christian Dior and LVMH Moet Hennessy Louis Vuitton. Meanwhile, luxury brands on this side of the pond couldn't catch a break either, per Daily Finance.

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  1. Mandarin Oriental hosts charity gala in London
  2. 2019 luxury spend expected to grow highest in UK
  3. Ruinart to bring ‘Conversations with Nature’ to Frieze New York
  4. Alexander McQueen exec lands CEO role at Harvey Nichols
  5. Dior explores the craft of Sauvage in new campaign
  6. Dior takes a step towards film with latest perfume ad
  7. Luxury Unfiltered: The mistake the luxury industry is making with AI
  8. Louis Vuitton sparks joy with travel-inspired ‘Towards a Dream’ campaign films
  9. Chanel pushes Chance fragrances in Gen Z-powered campaign
  10. YSL Beauty boosts rewilding mission in Morocco
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