November 29, 2012
Today in luxury marketing:
Harper's Bazaar and Hermès team for exclusive sale
For the first time, the French luxury brand will sell its products on a Web site other than its own - the magazine's ecommerce site ShopBazaar.com, WWD reports.
Nicolas Ghesquière hangs with the LVMH crowd at Dior dinner
Ghesquière attended a private dinner organized by the LVMH-owned house of Dior, thus rubbing elbows with the luxury conglomerate said to be courting the former Balenciaga designer, per Fashionista.
Deal Déjà Vu: Ty Warner skips selling Four Seasons New York
Beanie Baby mogul Ty Warner has decided not to sell the Four Seasons Hotel New York, even though he had offers of roughly $900 million for the luxury property in Midtown Manhattan, according to The Wall Street Journal.
Neiman Marcus fiscal 1Q operating profit up
Neiman Marcus Inc.'s fiscal first-quarter net income rose 4 percent, helped by higher sales at existing stores, Bloomgberg Businessweek reports.