Luxury Consumer Stories

  • Puma picks up the pace with yet another forecast update for 2017

    Puma picks up the pace with yet another forecast update for 2017

  • Rémy Cointreau sees first quarter sales rise 10%

    Rémy Cointreau sees first quarter sales rise 10%

  • ANTA Sports Products collaborates with the Economist to uncover what drives China’s athletic apparel sales

    ANTA Sports Products collaborates with the Economist to uncover what drives China’s athletic apparel sales

  • Kering aims to double revenue at Saint Laurent

    Kering aims to double revenue at Saint Laurent

  • LVMH partners with Polimoda to deliver leather goods training

    LVMH partners with Polimoda to deliver leather goods training

  • ClubCorp agrees to acquisition by Apollo Global Management LLC.

    ClubCorp agrees to acquisition by Apollo Global Management LLC.

  • Starbucks puts coffee on tap

    Starbucks puts coffee on tap

  • Burberry sees stellar sales in China

    Burberry sees stellar sales in China

  • Live Nation Switzerland acquires Europe’s leading hip-hop event

    Live Nation Switzerland acquires Europe’s leading hip-hop event

  • LVMH hopes to take a bite out of Apple’s business

    LVMH hopes to take a bite out of Apple’s business

  • Raymond James: Nike’s Instagram deal could send share price up 20%

    Raymond James: Nike’s Instagram deal could send share price up 20%

  • L’Oreal’s incredible long-term growth story

    L’Oreal’s incredible long-term growth story

  • What makes Ulta Beauty more attractive than its rivals?

    What makes Ulta Beauty more attractive than its rivals?

  • Zalando forms JV with Bestseller to own FashionTrade.com

    Zalando forms JV with Bestseller to own FashionTrade.com

  • Burberry welcomes new CEO

    Burberry welcomes new CEO

  • Starbucks reiterates premium focus with historic Kyoto café

    Starbucks reiterates premium focus with historic Kyoto café

  • Pandora’s plans for US retail

    Pandora’s plans for US retail

  • Nike looks to social media for fashion sales

    Nike looks to social media for fashion sales

  • Nike beats the street, confirms Amazon deal

    Nike beats the street, confirms Amazon deal

  • H&M sees surprise profit rise

    H&M sees surprise profit rise

  • Essilor’s CEO talks Luxottica deal

    Essilor’s CEO talks Luxottica deal

  • Live Nation spends $2 million on ‘pop-up’ events

    Live Nation spends $2 million on ‘pop-up’ events

  • Mandarin Oriental continues to realise value from real estate

    Mandarin Oriental continues to realise value from real estate

  • Tiffany makes play for female empowerment with HardWear collection

    Tiffany makes play for female empowerment with HardWear collection

  • The secret to Ulta Beauty’s success? Omnichannel done right!

    The secret to Ulta Beauty’s success? Omnichannel done right!

  • Is Nike about to sell directly on Amazon?

    Is Nike about to sell directly on Amazon?

  • Brown Forman celebrates Early Times bourbon with “special expression”

    Brown Forman celebrates Early Times bourbon with “special expression”

  • Millennials exert their influence on luxury market

    Millennials exert their influence on luxury market

  • TripAdvisor returns to TV

    TripAdvisor returns to TV

  • LVMH CEO fears ‘scary’ global crisis – but long-term optimist

    LVMH CEO fears ‘scary’ global crisis – but long-term optimist

  • Fast fashion is speeding up

    Fast fashion is speeding up

  • Nike experimenting with ‘local’ theme

    Nike experimenting with ‘local’ theme

  • Inditex sees profits rise by 18% in first quarter

    Inditex sees profits rise by 18% in first quarter

  • Is L’Oreal selling The Body Shop?

    Is L’Oreal selling The Body Shop?

  • Pandora’s President of the Americas talks retail

    Pandora’s President of the Americas talks retail

  • Luxury is picking up digital pace in 2017

    Luxury is picking up digital pace in 2017

  • Luxury retail still has winners – if you pick wisely

    Luxury retail still has winners – if you pick wisely

  • Luxury sector comes out of its ‘blue period’

    Luxury sector comes out of its ‘blue period’

  • Remy Cointreau advances thanks to Chinese thirst

    Remy Cointreau advances thanks to Chinese thirst

  • Brown Forman reports strong underlying growth for full year

    Brown Forman reports strong underlying growth for full year

  • Are watches and luxury outperforming in 2017?

    Are watches and luxury outperforming in 2017?

  • LVMH looks to transform selling luxury into an online experience

    LVMH looks to transform selling luxury into an online experience

  • Live Nation invests in festival platform Everfest

    Live Nation invests in festival platform Everfest

  • Japan could be next big win for Las Vegas Sands

    Japan could be next big win for Las Vegas Sands

  • Richemont bets on Dufry to deliver in automated future

    Richemont bets on Dufry to deliver in automated future

  • Hermes handbag pricing power hits new high

    Hermes handbag pricing power hits new high

  • Vapormax: can the not-so-secret weapon to put Nike back on top?

    Vapormax: can the not-so-secret weapon to put Nike back on top?

  • Moncler thinks art is in this summer

    Moncler thinks art is in this summer

  • The technology trends reshaping luxury

    The technology trends reshaping luxury

  • Adidas revitalizes Stan Smith, creates future sales blueprint

    Adidas revitalizes Stan Smith, creates future sales blueprint

Latest Luxury Stories

  • Puma picks up the pace with yet another forecast update for 2017

    Puma picks up the pace with yet another forecast update for 2017

    Luxury, Friday, 21 July 2017

    German sporting goods maker Puma has increased its full year forecast for the second time in three months, sending a strong message about the brand’s turnaround this year. Puma now expects a larger jump in sales and profit for full year 2017. It says that ...
  • Rémy Cointreau sees first quarter sales rise 10%

    Rémy Cointreau sees first quarter sales rise 10%

    Luxury, Friday, 21 July 2017

    Last month, global premium spirits seller Rémy Cointreau said that China was driving sales of its key brands, particularly cognac. This month, we have discovered how much by. The company has released their first quarter earnings for the fiscal year, showing a ...
  • ANTA Sports Products collaborates with the Economist to uncover what drives China’s athletic apparel sales

    ANTA Sports Products collaborates with the Economist to uncover what drives China’s athletic apparel sales

    Luxury, Thursday, 20 July 2017

    Leading Chinese sportswear brand ANTA Sports Products Limited (ANTA) has collaborated with The Economist to produce a report that gets to the heart of China’s growing athletic apparel and sportswear market. The report’s headline finding is that ...
  • Kering aims to double revenue at Saint Laurent

    Kering aims to double revenue at Saint Laurent

    Luxury, Thursday, 20 July 2017

    Saint Laurent is luxury powerhouse Kering’s second biggest brand, exceeded only by Gucci. And the company is hoping to double revenue at the fashion house, and hit $2.2 billion in sales, by 2021. Key to Kering’s plans are Millennial women, who are ...
  • LVMH partners with Polimoda to deliver leather goods training

    LVMH partners with Polimoda to deliver leather goods training

    Luxury, Wednesday, 19 July 2017

    Luxury conglomerate Moët Hennessy Louis Vuitton (LVMH) is hoping to guarantee a strong skills pool when it comes to leather-goods artisans in the future. The company’s Institut des Métiers d’Excellence (IME) and Italian fashion and design ...
  • ClubCorp agrees to acquisition by Apollo Global Management LLC.

    ClubCorp agrees to acquisition by Apollo Global Management LLC.

    Luxury, Tuesday, 18 July 2017

    ClubCorp, the leading name in professional club management, has agreed to a $1.1 billion acquisition. The move comes less than a year after activist investor FrontFour Capital urged the company to consider “any and all strategic alternatives” including a ...
  • Starbucks puts coffee on tap

    Starbucks puts coffee on tap

    Luxury, Monday, 17 July 2017

    Starbucks is looking to combat slowing U.S. sales growth and make headway in an increasingly saturated coffee market with a novel new product: coffee on tap. This new coffee will be cold – nitrogen-infused cold – and resemble a pint of Guinness rather ...
  • Burberry sees stellar sales in China

    Burberry sees stellar sales in China

    Luxury, Friday, 14 July 2017

    British fashion house Burberry has reported strong sales increases over the last three months, pushed in large part by an increase in demand in China. The company reported a 4% increase in like-for-like sales, but claimed that China saw sales growth in the ...
  • Live Nation Switzerland acquires Europe’s leading hip-hop event

    Live Nation Switzerland acquires Europe’s leading hip-hop event

    Luxury, Friday, 14 July 2017

    Global live-event market leader Live Nation has acquired a majority stake in Openair Frauenfeld, Europe’s biggest hip-hop festival. The gathering is also one of Switzerland’s biggest festivals, and started its life as a rock and pop festival. It’s ...
  • LVMH hopes to take a bite out of Apple’s business

    LVMH hopes to take a bite out of Apple’s business

    Luxury, Thursday, 13 July 2017

    Luxury giant LVMH is planning to release its own smartwatch, in a move that may signal increasing convergence between technological and luxury trends. The company will also be hoping to steal some of the limelight from Apple Watch, which might be best thought of as ...
  • Raymond James: Nike’s Instagram deal could send share price up 20%

    Raymond James: Nike’s Instagram deal could send share price up 20%

    Luxury, Wednesday, 12 July 2017

    Raymond James has declared that Nike is its “top pick” in the consumer sector, thanks to announcements that the luxury sporting apparel seller is pursuing various Ecommerce and direct-to-customer sales routes. The firm is not alone in responding ...
  • L’Oreal’s incredible long-term growth story

    L’Oreal’s incredible long-term growth story

    Luxury, Tuesday, 11 July 2017

    Luxury beauty company L’Oreal is the largest of its kind in the world. This size has been attained through a powerful trend towards stable, long-term, growth: in the last seventeen and a half years, L’Oreal’s share price has steadily increased, and ...
  • What makes Ulta Beauty more attractive than its rivals?

    What makes Ulta Beauty more attractive than its rivals?

    Luxury, Monday, 10 July 2017

    Ulta Beauty is the largest beauty retailer in the United States. It sells cosmetics, fragrances, skin-care products, hair care products, and an in-store salon service. And while other companies are questioning their brick-and-mortar retail operations, Ulta is going ...
  • Zalando forms JV with Bestseller to own FashionTrade.com

    Zalando forms JV with Bestseller to own FashionTrade.com

    Luxury, Friday, 07 July 2017

    Online fashion retail powerhouse Zalando has entered into a joint venture partnership with Danish fashion group Bestseller to take ownership of wholesale fashion website FashionTrade.com. The partners have announced a plan to “be at the forefront” of the ...
  • Burberry welcomes new CEO

    Burberry welcomes new CEO

    Luxury, Thursday, 06 July 2017

    British fashion house Burberry is about to get a new boss. Outgoing chief, Christopher Bailey, is arguably a creative genius – but many observers have felt that he lacks the business acumen required for the top job. The company will get to retain ...
  • Starbucks reiterates premium focus with historic Kyoto café

    Starbucks reiterates premium focus with historic Kyoto café

    Luxury, Wednesday, 05 July 2017

    Starbucks is the dominant force in the global coffee house market, and it’s future may well be tied up with offering premium products in premium settings. This reflects a forward-looking ethos that the company has profited from in the past: it understood the ...
  • Pandora’s plans for US retail

    Pandora’s plans for US retail

    Luxury, Wednesday, 05 July 2017

    Charm bracelet maker Pandora has had a strong week, seeing its share price appreciate by 5% over the last five days. But, like many companies involved in retail, it has suffered over the course of 2017 so far. The company is not taking it lying down, and recently ...
  • Nike looks to social media for fashion sales

    Nike looks to social media for fashion sales

    Luxury, Tuesday, 04 July 2017

    Visually orientated social media site Instagram is fast becoming a go-to platform for luxury brands, and the world’s largest seller of fashionable sporting apparel, Nike, wants in on the game. The appeal of Instagram is obvious: it exists solely as a platform ...
  • Nike beats the street, confirms Amazon deal

    Nike beats the street, confirms Amazon deal

    Luxury, Monday, 03 July 2017

    The world’s largest seller of fashionable sporting apparel, Nike, reported fourth quarter earnings last week that handily beat Wall Street estimates. Investors also got another piece of potentially good news: Nike has confirmed that it is entering a pilot deal ...
  • H&M sees surprise profit rise

    H&M sees surprise profit rise

    Luxury, Monday, 03 July 2017

    Luxury fashion retailer Hennes & Mauritz AB (H&M) surprised investors last Thursday with a 10% jump in profit. The company reported earnings that sent its share price up at the end of the week, and made noises over future growth coming from online channels, ...
  • Essilor’s CEO talks Luxottica deal

    Essilor’s CEO talks Luxottica deal

    Luxury, Friday, 30 June 2017

    Hubert Sagnières, the chairman and CEO of Essilor, thinks that the $50 billion mega-deal the company signed with Luxottica earlier this year can make up for lost opportunities. The logic behind it is simple: Luxxotica makes almost all the frames, has access ...
  • Live Nation spends $2 million on ‘pop-up’ events

    Live Nation spends $2 million on ‘pop-up’ events

    Luxury, Thursday, 29 June 2017

    Sports and concerts are undergoing a change: there is increasing popularity around “pop-up experiences” – last minute combinations of partying fans and dedicated venues. Now, gig-booking market leader Live Nation wants in. The way it’s ...
  • Mandarin Oriental continues to realise value from real estate

    Mandarin Oriental continues to realise value from real estate

    Luxury, Wednesday, 28 June 2017

    Mandarin Oriental hotel group has just sold two more luxury apartments at The Residences at Mandarin Oriental, Atlanta in Buckhead. The units sold for $1.9 million each. This sale marks four at the location this year alone (the previous units were sold for $2.6 ...
  • Tiffany makes play for female empowerment with HardWear collection

    Tiffany makes play for female empowerment with HardWear collection

    Luxury, Wednesday, 28 June 2017

    Tiffany & Co. is putting female empowerment at the heart of its latest stunning jewelry line: the HardWear collection. Fronted by the outspoken music icon Lady Gaga, and already visible on fashionable celebrities like Kate Mara, Scarlett Johansson, and Zoë ...
  • The secret to Ulta Beauty’s success? Omnichannel done right!

    The secret to Ulta Beauty’s success? Omnichannel done right!

    Luxury, Tuesday, 27 June 2017

    While many traditional retailers are downsizing, or closing entirely, Ulta Beauty is going from strength to strength. Ulta has been opening 100 stores annually for the past several years, and this shows no sign of slowing down. It also saw rising sales last year to ...
  • Is Nike about to sell directly on Amazon?

    Is Nike about to sell directly on Amazon?

    Luxury, Monday, 26 June 2017

    In the past, global sporting apparel and footwear market leader Nike has resisted the urge to sell its goods directly on Amazon. But that may be about to change. On Wednesday, analysts at Goldman Sachs issued a research note that speculated whether the footwear ...
  • Brown Forman celebrates Early Times bourbon with “special expression”

    Brown Forman celebrates Early Times bourbon with “special expression”

    Luxury, Friday, 23 June 2017

    Early Times Bottled-in-Bond Kentucky Straight Bourbon – Early Times, for short – is one of Brown Forman’s most popular whiskeys. So, 75 years after its debut, it makes sense that the company wants to celebrate it. According to a Brown Forman news ...
  • Millennials exert their influence on luxury market

    Millennials exert their influence on luxury market

    Luxury, Thursday, 22 June 2017

    According to researchers Bain & Co., 2017 is shaping up to be a good year for luxury. After an underwhelming year in 2016, which saw the sector contract slightly, the first quarter of 2017 has shown 4% growth – and that’s projected to continue with a ...
  • TripAdvisor returns to TV

    TripAdvisor returns to TV

    Luxury, Thursday, 22 June 2017

    After a 2-year hiatus, TripAdvisor is returning to TV screens. The company has recently announced that it will spend $70 million on TV advertising this year, in an attempt to explain the company’s capabilities. This is the latest attempt to convince people ...
  • LVMH CEO fears ‘scary’ global crisis – but long-term optimist

    LVMH CEO fears ‘scary’ global crisis – but long-term optimist

    Luxury, Wednesday, 21 June 2017

    Bernard Arnault, CEO of the world’s largest luxury group Moët Hennessy Louis Vuitton (LVMH), has weighed in on the global economic outlook, describing it as “scary”.  He told CNBC: “For the economic climate, the present situation ...
  • Fast fashion is speeding up

    Fast fashion is speeding up

    Luxury, Tuesday, 20 June 2017

    Powerful companies like Inditex – the world’s largest apparel retailer – have redefined fashion over the last decade. Where once, the turnaround from catwalk to shop was a half-year prospect, with little wiggle room for evolving consumer tastes, ...
  • Nike experimenting with ‘local’ theme

    Nike experimenting with ‘local’ theme

    Luxury, Monday, 19 June 2017

    Nike is trying on a new idea to see if it fits: going local. The company, despite being one of the world’s most popular brands, is hoping to respond to mounting competition from Adidas and others by focusing more on customers’ local experiences in a ...
  • Inditex sees profits rise by 18% in first quarter

    Inditex sees profits rise by 18% in first quarter

    Luxury, Friday, 16 June 2017

    Inditex, the company behind popular fast-fashion brands like Zara and Massimo Dutti, reported first quarter earnings this week. The company, which became the largest ever company to list on the Spanish exchange earlier this year, helped to increase the distance ...
  • Is L’Oreal selling The Body Shop?

    Is L’Oreal selling The Body Shop?

    Luxury, Friday, 16 June 2017

    Global beauty giant L’Oreal is in talks to sell The Body Shop to Natura Cosmeticos, the biggest beauty company in Latin America. The Body Shop has been a pioneer in environmentally friendly beauty and skincare products ever since it was founded by entrepreneur ...
  • Pandora’s President of the Americas talks retail

    Pandora’s President of the Americas talks retail

    Luxury, Thursday, 15 June 2017

    Scott Burger, President of Pandora Americas, sees a strong future for the brand. While he realizes it’s not immune to wider retail trends – and he confesses that he has, at times, been challenged by them – he thinks the company’s quality over ...
  • Luxury is picking up digital pace in 2017

    Luxury is picking up digital pace in 2017

    Luxury, Wednesday, 14 June 2017

    If 2016 taught the luxury sector anything, it’s that now is the time to go online. Digital sales vastly outperformed the rest of the luxury market last year, and companies in the space have taken note. According to The Wall Street Journal, citing ad-buying ...
  • Luxury retail still has winners – if you pick wisely

    Luxury retail still has winners – if you pick wisely

    Luxury, Tuesday, 13 June 2017

    As another of our stories today demonstrates, things are tough for retailers at the moment. However, that doesn’t mean that all retailers are suffering: there are some great companies – many of which are managing the shift between offline and online ...
  • Luxury sector comes out of its ‘blue period’

    Luxury sector comes out of its ‘blue period’

    Luxury, Monday, 12 June 2017

    It is not news to many luxury investors, but 2016 wasn’t the sector’s greatest year. A combination of slow global growth, geopolitical issues, austerity in the west and the east, and more, led to the luxury sectors first contraction for years. And ...
  • Remy Cointreau advances thanks to Chinese thirst

    Remy Cointreau advances thanks to Chinese thirst

    Luxury, Monday, 12 June 2017

    Remy Cointreau’s shares jumped by 4% last week after reporting full year sales and profit that beat analysts expectations. The French drinks maker has Chinese tastes to thank for a big part of its success, and said that momentum in China indicated more growth ...
  • Brown Forman reports strong underlying growth for full year

    Brown Forman reports strong underlying growth for full year

    Luxury, Friday, 09 June 2017

    Premium spirits supplier Brown Forman reported financial results for its fourth quarter of 2017, as well as the full year. Although the company’s net sales declined 5% during the quarter, and 3% during the year, the underlying figures were much stronger (+4% ...
  • Are watches and luxury outperforming in 2017?

    Are watches and luxury outperforming in 2017?

    Luxury, Thursday, 08 June 2017

    So far, 2017 has been positive for watches and jewelry. After a year (2016) in which luxury goods were in retreat across the board – described by luxury powerhouse Richemont’s chairman, Johann Rupert, as “horrible” – luxury seems to ...
  • LVMH looks to transform selling luxury into an online experience

    LVMH looks to transform selling luxury into an online experience

    Luxury, Wednesday, 07 June 2017

    LVMH’s chief digital officer, Ian Rogers, has a major challenge ahead of him: translating the in-store luxury shopping experience into a similarly attractive online one. Rogers joined LVMH – a company that counts big names like Christian Dior, Louis ...
  • Live Nation invests in festival platform Everfest

    Live Nation invests in festival platform Everfest

    Luxury, Tuesday, 06 June 2017

    Everfest is a festival editorial and membership platform – likened, by co-founder Jay Manickam, to a TripAdvisor for the festival scene. So it is unsurprising that Live Nation – a premier ticket selling company for concerts and festivals – has ...
  • Japan could be next big win for Las Vegas Sands

    Japan could be next big win for Las Vegas Sands

    Luxury, Monday, 05 June 2017

    Casino operator Las Vegas Sands could be onto a winning ticket in Japan. Last year, the Japanese government passed the Integrated Resort Promotion Act, authorizing the development of casinos in the country for the first time. It will likely be 2024 before these ...
  • Richemont bets on Dufry to deliver in automated future

    Richemont bets on Dufry to deliver in automated future

    Luxury, Friday, 02 June 2017

    If you’re inclined to listen to Johann Rupert – and many people in the luxury world are – then Dufry is poised for long-term growth over the next few decades. Rupert is the owner of giant luxury conglomerate Richemont, the company behind brands ...
  • Hermes handbag pricing power hits new high

    Hermes handbag pricing power hits new high

    Luxury, Thursday, 01 June 2017

    Christie’s auctioneers in Hong Kong recently sold a matte white Himalaya Niloticus crocodile diamond Birkin 30 handbag for $377,000. This sets a new record for the most expensive handbag ever sold at auction, demonstrating the pricing power that Hermes’ ...
  • Vapormax: can the not-so-secret weapon to put Nike back on top?

    Vapormax: can the not-so-secret weapon to put Nike back on top?

    Luxury, Wednesday, 31 May 2017

    Nike is still the overwhelming market leader in the U.S. trainer business. But Adidas has been logging numerous wins, and is trying to catch up to the frontrunner every day. Can Nike outpace its smaller rival? The company hopes that it can, and it’s betting on ...
  • Moncler thinks art is in this summer

    Moncler thinks art is in this summer

    Luxury, Tuesday, 30 May 2017

    Luxury clothier Moncler, most famous for its fashionable outerwear, has collaborated with Parisian-born artist Jean-Philippe Delhomme to create a series of three postcard inspired prints. These brightly coloured, seaside-themed, visuals – inspired by ...
  • The technology trends reshaping luxury

    The technology trends reshaping luxury

    Luxury, Friday, 26 May 2017

    Luxury brands tend to prioritise craftsmanship, artisanal qualities, and classical ideas of quality. So it’s no surprise that many consumers imagine these brands are less technologically savvy than those of other industries. While it is true that some of the ...
  • Adidas revitalizes Stan Smith, creates future sales blueprint

    Adidas revitalizes Stan Smith, creates future sales blueprint

    Luxury, Thursday, 25 May 2017

    Adidas has big plans for its sneakers, hoping to increase sales by 40 million pairs per year by 2020. If the company succeeds, it will be selling half a billion pairs annually in three years time, focusing on fashion-conscious teens and urban hipsters. And key to ...