No Clouds Over Luxury: Sales at LVMH Increase 10.3% in Third Quarter
Crisis? What crisis? Suggesting luxury has been unruffled by recent financial turbulence, LVMH Mo?t Hennessy Louis Vuitton said sales accelerated in the third quarter gaining 10.3 percent.
From This Issue
Richard Anderson is confident his Per-fékt Beauty products are in a class by themselves. He insists they’re not quite liquid foundations, even though Sephora lists them as such, and not really primers, the group Nordstrom lumps them into.
Twenty-five years after her death, Princess Grace’s style remains a source of inspiration for designers and consumers alike, and Sotheby’s new exhibition “Grace, Princess of Monaco, A Tribute to the Life and Legacy of Grace Kelly” should further stoke…
Can luxury brands be successful on the Internet? Some high-end companies have been hesitant to move to the Web for fear of watering down their brands, but Rolex is proving a small investment on the Internet can lead to a high profile.