LVMH: an abundance of riches
The company’s margin hit a record 21.6 per cent. Chairman and chief executive Bernard Arnault must try to keep up that momentum and to manage volatile exchange rates.
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Richemont luxury sales increase 29%
Group behind Cartier and Montblanc demonstrate the resilience of the luxury goods sector as buoyant demand in Asia pushes sales up sharply
Burberry in step with digital age
Luxury fashion brand shuns magazine adverts in favour of a Facebook campaign to promote the launch of its latest fragrance, Burberry Body
High-end retailers thrive despite US weakness
Macy’s and Ralph Lauren enjoy strong profit growth in spite of a weak US economy and subdued consumer sentiment
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The Milan-based fashion house’s choice to list in Hong Kong is less about Chinese expansion than high valuations for trophy assets
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Unlisted family owned luxury goods companies may be better off selling themselves to large conglomerates rather than trying to do a partial IPO
Luxury goods: investors should be wary
Luxury good companies will in all likelihood continue to make lots of money. But that does not mean people who buy their shares will too
Fashion: Creative destruction
John Galliano, whose downfall culminated this week in his firing from Dior, is only the latest in a line of designers facing growing pressure to keep pace with high-street brands
Goodbye Galliano
Dior’s star may have felt that his alleged gross anti-Semitism, captured on video, was provocative but his dismissal will hopefully have disabused him of any such erroneous idea
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