Articles Tagged ‘Milton Pedraza’


Richemont’s Asia focus drives full-year sales up 14pc

May 17, 2013

Richemont is attributing its full-year sales increase to demand in China and Asia-Pacific, contributions from currencies and exchange rates and the broad growth from its brands across all regions.


Going public could bring more innovation, long-term growth for Neiman Marcus

May 8, 2013

If Neiman Marcus Group Inc.’s private-equity owners decide to launch an initial public offering of the company, it could mean more innovation and long-term growth for its department stores.

75pc of affluent consumers would buy luxury brand’s mainstream extension: Luxury Institute

May 3, 2013

Most affluent consumers will continue to purchase from a luxury brand that offers a mainstream line, according to a new report from the Luxury Institute.

What Cartier’s China-based trademark win means for luxury marketers

April 15, 2013

Richemont-owned Cartier’s recent win with a trademark infringement lawsuit against China-based companies indicates that luxury marketers should not ignore threats to brand equity in the country and send a message to counterfeiters.

Bentley’s showrooms, Flying Spur propelled Q1 units sold 25pc

April 12, 2013

British automaker Bentley Motors reported a 25 percent increase in units sold during the first quarter of 2013 due to the release of the Flying Spur and eight new dealerships.

Should luxury marketers grow their UAE retail presence?

April 1, 2013

Kering-owned Saint Laurent Paris’ plans for a new flagship store in United Arab Emirates capital Abu Dhabi will help the French fashion house strengthen customer relationships in a market with concentrated wealth.

Affluent women control 68pc of household purchases: Luxury Institute

March 21, 2013

Affluent female consumers are making 68 percent of their household’s purchases, while more women are becoming the bread winners of their families, according to a new survey from the Luxury Institute.

63pc of affluent consumers want to opt out of online tracking: Luxury Institute

March 13, 2013

Sixty-three percent of affluent consumers would choose to keep their online history and Internet activities private through an opt-out tracking policy, according to a new survey from the Luxury Institute.

Do Saks’ woes signal luxury retail shift?

February 28, 2013

Saks Fifth Avenue is offering cues for fellow luxury retailers as it revamps its bricks-and-mortar strategy and gears up for a comeback from weak 2012 profits by marrying the in-store and ecommerce experiences.

Rolls-Royce caters to India’s wealth via physical market presence

February 25, 2013

Rolls-Royce Motor Cars is securing its place in India’s up-and-coming luxury marketplace by opening up a third showroom in the country.