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Business of Luxury

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Inside this issue

• Diffusion brands can offer cut-price kudos – and substantial profits

• Supply and demand have created selling opportunities

• Funding and rationalisation are driving a burst of dealmaking - -

Content

Buyers dictate this season’s look

Shoppers are back and so are mergers and acquisitions as big brands adapt to increased volatility, reports Rachel Sanderson

Affordability: Shoppers warm to new methods of consuming lower-cost cool

Supply and demand have created selling opportunities, says Andrea Felsted

Middle market: Second-tier brands tap into straitened times

Diffusion brands offering cut-price kudos can also provide substantial profits, writes Barney Jopson

The world economy survives crisis after crisis

The growth of the emerging economies has proved phenomenal while the world economy has proved frighteningly unstable, writes Martin Wolf

Middle East: High-end Gulf states propel region’s sales

Hope in rest of area for the rise of a consumer class, says Sarah Mishkin

Japan: Aftershocks start to die away

In spite of the March earthquake and tsunami, the country is showing great resilience, reports Michiyo Nakamoto

M&A: Funding and rationalisation set to drive burst of dealmaking

Buyers from the US and Europe especially are more confident, says Rachel Sanderson

Counterfeiting: Silence of the brands hides fight against fakes

Internet selling has made the war much harder to win, reports Haig Simonian

Interview: Spain’s Puig Group succeeds by swimming against the stream

The hybrid house has scented an opportunity, says Vanessa Friedman

Sustainability: Recession’s byproduct

Young consumers tend to be more environmentally conscious and sufficiently media- and tech-savvy, writes Sarah Murray

Commodities: Shortages and higher prices spur innovation

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