luxury brand

China’s Trinity Limited buys Cerruti

Chinese clothing retailer Trinity Limited said Wednesday it has agreed to buy the Cerruti luxury fashion and perfume brand for a maximum of 70 million dollars. Trinity Limited said its purchase of Cerruti Holdings "fits...

LVMH Takes Minority Stake in Hermès

Luxury conglomerate LVMH said Saturday it had taken a 14.2 percent stake in Hermes but denied it wanted to take over the French luxury goods firm. The company controlled by French businessman Bernard Arnault said...

Burberry reaches two million fans on Facebook

Burberry crossed a social media threshold this week: earning two million fans on Facebook. The British company has invested heavily in its online platforms and digital marketing strategy and has quickly risen to become luxury's...

Chanel to sell goods online

Chanel is to begin selling products directly through its website later this year in a landmark decision likely to be followed by rival luxury brands. Chanel will sell only its fragrances online but is looking...

Sportswear tops luxury on Facebook

A marketing company called Stylophane has developed a new index that ranks brands by Facebook followers, with its list highlighting the popularity of sportswear brands in comparison to luxe brands including Burberry and Gucci. The...

Luxury brands turn to Asia for salvation

Wang Jing was all smiles as she strolled out of a Cartier boutique in Singapore after blowing close to 5,000 US dollars on a watch and a ring. "It's something I have always wanted, and...

European luxury invades NY’s Madison Ave

For the man who has everything except that perfect alligator skin jacket, he need only visit Hermes' newly opened boutique on Madison Avenue in New York, where the snappy garment sells for 158,000 dollars. In...

Chinese sales boosts luxury goods market in 2009

Despite the economic crisis, 2009 ended better than it began for the French luxury goods sector, thanks largely to China's growing taste for high-end products, encouraging thoughts of a better 2010. Following the trend set...

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