LuxuryLab Daily Digest

Posted by Lauren Proctor on September 29, 2009

Asian Luxury Market Could Grow Between 5% and 7% Over Next 12 Months (Channel News Asia)
Asian consumers are still prepared to dip into their branded wallets to splurge on luxury products despite the global recession.

Cuts Meet a Culture of Spending at Condé Nast (New York Times)
At Condé Nast, it is consultants versus car service.

Everyone’s Doing It: Brands Take on Social Media (Women’s Wear Daily)
For fashion companies, 2009 is turning out to be the year of social media.

Luxury Car Market May Never Look the Same (MSNBC)
The Great Recession may have forever altered demand for high-end brands.

Will Hermès Acquire Asprey? (Fashion Week Daily)
Change continues to brew at Hermès as the company capitalizes on its phenomenal performance during the current recession by continuing to develop an aggressive growth plan.

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