Archive for the ‘Retail’ Category

Inconspicuous Consumption

Posted by Lauren Proctor on October 7, 2009

For all the uncertainty about the current state of the economy, everyone is sure of one thing: this recession has permanently remade American consumers, turning them from spendthrifts into tightwads. (The New Yorker)

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Neiman Marcus Gifts Go Luxury Lite

Posted by Lauren Proctor on October 7, 2009

Neiman Marcus, whose holiday gift catalogue is a hallmark of opulence, unveiled a “lite” version for 2009 Tuesday, offering an Icon sports plane for a mere $250,000 (U.S.), a $105,000 Jaguar car and a $25,000 cupcake-shaped car. (The Globe and Mail)

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Luxury Goes Local in Asia

Posted by Lauren Proctor on October 6, 2009

Could Ulan Bator be the new front line for luxury goods makers? (New York Times)

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The Future of Social Shopping

Posted by Lauren Proctor on October 2, 2009

Paul Dunay is global managing director of services and social marketing at Avaya and author of “Facebook Marketing for Dummies.” He talks to eMarketer about the future of social commerce as it shapes up on brand Websites, Facebook and Twitter. (eMarketer)

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WWD Luxury Forum Recap: Reading the Winds of Change

Posted by Lauren Proctor on September 30, 2009

The recession has bitten into the luxury category just like any other sector. On Sept. 17, WWD hosted a one-day forum, “Luxury Redefined: Strategies for Success in the New Economy,” that drew together experts from the fashion, retail, media, automotive and marketing worlds to talk about how to cope with the bumpy road ahead. (WWD)

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Asian Luxury Market Could Grow Between 5% and 7% Over Next 12 Months

Posted by Lauren Proctor on September 29, 2009

Asian consumers are still prepared to dip into their branded wallets to splurge on luxury products despite the global recession. (Channel News Asia)

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Designers Turn to the Practical

Posted by Lauren Proctor on September 28, 2009

The world of high fashion is coming down to earth a bit. (Courier Post Online)

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China Luxury Market Revenue Expected to Break $5 Billion

Posted by Lauren Proctor on September 27, 2009

According to a recent report released by Goldman Sachs, the sales revenue of China’s luxury market is expected to break $5 billion this year, enjoying the largest growth pace compared to other parts of the world. (Alibaba)

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India: The Epicentre for Western Luxury Brands

Posted by Lauren Proctor on September 27, 2009

Consider the latest catwalk collections at the most recently concluded Indian fashion weeks. Notice anything different? Yes the divas and fashionistas of New Delhi 110011 and Mumbai 400006 were all there. (The Economist)

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Luxury Retailers See Rents Drop Globally

Posted by Lauren Proctor on September 24, 2009

The average price to rent space in some of the world’s most exclusive shopping districts dropped by the largest amount on record last year, a global survey has found. (CBS News)

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