Archives: July 2008

Jil Sander for Sale--Again?

Posted by: Charles DuBow on July 30, Categories: Fashion Business

Blogger Diedre Woollard over at Luxist has a post today that German fashion house Jil Sander could be for sale--again. It's been a rough couple of years for the label....

Coach Cautious About 2009

Posted by: Charles DuBow on July 29, Categories: Fashion Business

Luxury products blog--and guilty pleasure--Luxist has a nice post today on Coach (COH), which announced just its fourth quarter earnings. Like many other luxury products and services companies, the handbag...

LVMH Sees Strong Gains Overall But Weakness in Wine & Spirits

Posted by: Charles DuBow on July 29, Categories: Fashion Business

When the going gets tough, the tough drink cheaper booze. LVMH Moet Hennessy Louis Vuitton (LVMH) announced Tuesday that its first-half profit growth slowed due to weaker demand for premium...

Gucci's Owner Posts Fashionably Late Sales Increase

Posted by: Charles DuBow on July 23, Categories: Fashion Business

Better late than never, they say. PPR SA (PRTP), the French luxury conglomerate that owns luxury brands such as Gucci and Yves Saint Laurent, as well as European book and...

Waiting for the Luxury Shoe to Drop?

Posted by: Charles DuBow on July 22, Categories: Fashion Business

In line with its peers at the upper end of the luxury business, Hermes (HRMS)has so far been immune to the global economic downturn. On Tuesday the 171-year-old Parisian company...

More Wealthy Asians Buying Yachts Locally

Posted by: Charles DuBow on July 21, Categories: Global Wealth

Interesting piece over the weekend in the IHT about the booming Asian yacht business. It comes as no surprise that wealthy Chinese and Taiwanese are buying megayachts. What does come...

Burberry's Stellar 2008

Posted by: Charles DuBow on July 17, Categories: Fashion Business

Burberry's stock price is unfashionably up. British fashion-house Burberry Group PLC (BRBY) continues its stellar 2008. Back in May it announced that it had posted a 15% gain in...

How Will Luxury Companies Fare in the Third Quarter?

Posted by: Charles DuBow on July 16, Categories: Global Wealth

Swiss luxury goods giant Richemont announced a 13% increase in first quarter sales, largely on the strength of its jewelry brands such as Van Cleef & Arpels and Cartier. And,...