November 30, 2012
Today in luxury marketing:
Louboutin expands men's presence
Paris-based Christian Louboutin is opening men’s stores in Los Angeles and London and dual-gender stores in Chicago and São Paulo, Brazil, WWD reports.
Tiffany lowers forecast as Asia same-store sales fall
Tiffany & Co. lowered its fiscal-year sales and profit forecast for the third straight quarter and reported lower-than-expected revenue and earnings after a drop in same-store sales in its key Asia market, according to Reuters.
Fashion frenzy at Target + Neiman Marcus holiday pop-up shop
Before the line hits stores nationwide Dec. 1, New Yorkers could score items from the collection Nov. 29 at the retailers’ one-day-only pop-up shop, per ABC News.
Trump brand expands to South America
With much fanfare, Donald Trump held a press conference Nov. 28 to announce Trump International Realty’s first project in South America: a tower in Punta del Este, a status-conscious resort town off the southeastern coast of Uruguay, Forbes reports.