LuxuryLab Daily Digest

Posted by Lauren Proctor on September 18, 2009

Burberry Looks To Win Over Friends Online (Financial Times)
Burberry, the fashion brand that has gone from classic to cutting edge, is to launch its own social networking site next month.

Net Wealth Rose in 2nd QuarterNet Wealth Rose in 2nd Quarter (Associated Press)
Americans’ wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded.

EBay Calls On EU to Change Luxury Brand Rules (Forbes)
EBay Inc. called Thursday on the European Union to change antitrust rules that allow luxury manufacturers to choose who can sell their branded goods online.

Despite Their Prices, Gourmet Tea Sales Thrive as Global Economy Sags (New York Times)
The global economic crisis may have damped the appetite for high-end goods, but one small daily luxury — gourmet tea — has been posting surprisingly strong sales, prompting some tea brands to consider expanding around the world.


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