September 6, 2012
Today in luxury marketing:
Richemont's Asia luxury bonanza slows
Richemont, the world's second-largest luxury goods group, said sales growth in Asia had slowed markedly and Europe was now its fastest-growing region, helped by tourist spending including buying by Chinese visitors, according to Reuters.
Zegna outlines Pilati's plan
The Ermenegildo Zegna Group is banking on the design prowess of Stefano Pilati to lift its fortunes in menswear — and Agnona women’s wear — to a new summit, per WWD.
Intrigue builds as BMW, Benz conduct rematch in U.S.
Things got really interesting in August in the ongoing battle between BMW and Mercedes-Benz, with Lexus trying to make a game of it again, for the U.S. luxury-sales crown, Forbes said.
Four Seasons looks for next hot luxury spot
Rebounding nicely from a drop-off in demand for luxury travel during the recession of the late 2000s, Four Seasons Hotels & Resorts now is looking for the next big thing. Or rather, says president/CEO Katie Taylor, the next big place, per The Wall Street Journal.