November 9, 2012
Today in luxury marketing:
Hermès sales growth accelerates
Wealthy consumers' zeal for goods at the high end of the luxury market is continuing to buoy sales for luxury labels such as Hermès International, which Nov. 8 raised its full-year guidance for the second time in recent months as sales growth accelerated in the third quarter, The Wall Street Journal reports.
Diane von Furstenberg adorns Australia's luxury island with a touch of high-fashion
Cashmere linings, organic cotton linens, specially-printed drapery, personal art collections - when fashion designers work with luxury hotels, the end result is an experience worth indulging in, per the Huffington Post.
Labelux sells Derek Lam business
As part of an effort to focus its energies on high-end accessories, Labelux has sold the Derek Lam brand to its founders, Lam and Jan-Hendrik Schlottmann, according to WWD.
British man sells his McLaren F1 for over $5.5 million
Tom Hartley Jr. recently earned himself a spot in the record books when he sold his F1 to a very happy buyer, per AutoBlog.