Tag Archive
Hugo Boss – A Step Too Far – US-FOREX.US
Luxury retailers may risk ruining their brand names as they struggle to cut costs to thwart slumping sales. Hugo Boss sparked some concern on this issue, despite announcing earnings that were broadly in line with expectations.The firm went all out to combat a drop in sales revenues, streamlining its operations and putting in place measures… »
Hermes Gives Rivals Wings- US-FOREX.US
Investors loved luxury on Tuesday, after an unexpected jump in second-quarter demand for Hermes’ leather handbags-famed for unique designs like the “Birkin” or the “Kelly”-helped sentiment across the sector.Shares of rival luxury firm Louis Vuitton Moet Hennessy -whose brand portfolio includes Louis Vuitton, Fendi and Christian Dior-rose 1.5%, or 90 euro cents , to 59.75… »
Burberry Hopes For Potter Magic – US-FOREX.US
Can Harry Potter star Emma Watson inject some wizardry into British fashion label Burberry? The luxury goods maker was certainly in need of a boost on Wednesday as it unveiled quarterly sales figures that disappointed an expectant market.”Expectations have been high as Burberry has done a lot to improve its business, including opening new stores… »
Jaguar Roars Into India – US-FOREX.US
Indian carmaker Tata Motors is taking a gamble in its goal to revamp struggling British brands Jaguar and Land Rover, which it bought in June last year, after launching them with much fanfare in Mumbai on Sunday.Jaguar was previously a Ford Motor property, sold off in anticipation of a cash crunch. Ford’s Jaguar diverstiture is… »
Tata Wants Jaguar To Roar In India – US-FOREX.US
Tata Motors may have launched Jaguar and Land Rover to much fanfare in Mumbai on Sunday, but the Indian carmaker is also taking a gamble in its goal to revamp the struggling British brands it bought in June last year. Tata has said that it wants to target India’s wealthy, but growth in the country’s… »
Glimmers Of Hope For British Real Estate – US-FOREX.US
If Britain really has put the worst of its property troubles behind it, the latest sign comes from the luxury market. Houses priced between one and four million pounds in central London rose 4.3% in the second quarter of 2009, according to luxury realtor Savills.It’s the first time in 18 months that luxury house prices… »