© The Financial Times Ltd 2014 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
Luxury 360 is the FT's new online hub for global news and views relating to the luxury goods industry. Here's how you can stay updated with us:
Sign up for our weekly Monday email bulletin - the top five luxury stories of the week, plus the latest posting from Vanessa Friedman's Material World straight to your inbox.
Find out how to tell the Luxury360 team about your thoughts, advice and complaints