Luxury Consumer Stories

  • Kering retains spot as most sustainable luxury company in the world

    Kering retains spot as most sustainable luxury company in the world

  • Mandarin Oriental share price soars +30% on news of Excelsior proposal

    Mandarin Oriental share price soars +30% on news of Excelsior proposal

  • New boss at Zenith says evolution is a must in Swiss watches

    New boss at Zenith says evolution is a must in Swiss watches

  • Justin Beiber to team up with H&M for follow-up collection

    Justin Beiber to team up with H&M for follow-up collection

  • Ctrip signs “strategic cooperation” agreement with Israeli tourism bureau

    Ctrip signs “strategic cooperation” agreement with Israeli tourism bureau

  • Brown-Forman launches interactive website for sole wine brand

    Brown-Forman launches interactive website for sole wine brand

  • Asia drives growth at Richemont, according to recent figures

    Asia drives growth at Richemont, according to recent figures

  • Last Ferrari LaFerrari Aperta sells for $10 million

    Last Ferrari LaFerrari Aperta sells for $10 million

  • Tiffany & Co. launches first new fragrance in fourteen years

    Tiffany & Co. launches first new fragrance in fourteen years

  • Kering and LVMH take a stand for models’ health

    Kering and LVMH take a stand for models’ health

  • L’Oreal searches for a few good men

    L’Oreal searches for a few good men

  • Marriott eyes up Cuba as potential growth market

    Marriott eyes up Cuba as potential growth market

  • Sri Lankan authorities give Dufry the go-ahead

    Sri Lankan authorities give Dufry the go-ahead

  • LVMH to open Parisian… theme park?

    LVMH to open Parisian… theme park?

  • Enter the affordable-ish Ferrari

    Enter the affordable-ish Ferrari

  • Swiss watches climbed in July – pricier timepieces lead the way

    Swiss watches climbed in July – pricier timepieces lead the way

  • Burberry pays homage to British portrait photography at old London courthouse

    Burberry pays homage to British portrait photography at old London courthouse

  • Samsonite outperforms in first half

    Samsonite outperforms in first half

  • Tiffany & Co. report sparkling results for last quarter

    Tiffany & Co. report sparkling results for last quarter

  • Perth joins the Lindt chocolate shop club

    Perth joins the Lindt chocolate shop club

  • PVH Corp. beats its own guidance in Q2

    PVH Corp. beats its own guidance in Q2

  • Richemont reorganizes in an effort to rejuvenate businesses

    Richemont reorganizes in an effort to rejuvenate businesses

  • Tiffany & Co. just won a $19.4 million lawsuit against Costco – but the real value is in brand protection

    Tiffany & Co. just won a $19.4 million lawsuit against Costco – but the real value is in brand protection

  • Denim’s back – great news for Nike?

    Denim’s back – great news for Nike?

  • Could a new Dino push Ferrari into pole position?

    Could a new Dino push Ferrari into pole position?

  • H&M bucks trends: upmarket, slow fashion

    H&M bucks trends: upmarket, slow fashion

  • Dufry embraces cruise retail with center of excellence

    Dufry embraces cruise retail with center of excellence

  • Inditex pushes into Belarus fashion market

    Inditex pushes into Belarus fashion market

  • Marriott launches ‘Golden Rule’ campaign

    Marriott launches ‘Golden Rule’ campaign

  • Burberry boss to embark on cost-cutting spree

    Burberry boss to embark on cost-cutting spree

  • Anta Sports sees biggest ever six-month profit

    Anta Sports sees biggest ever six-month profit

  • Samsonite sees online sales opportunities in India

    Samsonite sees online sales opportunities in India

  • Puma embraces artificial intelligence in partnership with Lumo Bodytech

    Puma embraces artificial intelligence in partnership with Lumo Bodytech

  • Luxury Institute: “Tiffany is no pretender”

    Luxury Institute: “Tiffany is no pretender”

  • How one town is crucial to the leather goods industry

    How one town is crucial to the leather goods industry

  • Kering and Alibaba join forces in the fight against counterfeiting

    Kering and Alibaba join forces in the fight against counterfeiting

  • L’oreal: the next big cosmetics trend could be makeup for guys

    L’oreal: the next big cosmetics trend could be makeup for guys

  • For Ferrari, size might matter

    For Ferrari, size might matter

  • Burberry and the Beast?

    Burberry and the Beast?

  • Marriott beats the street and makes a play for China

    Marriott beats the street and makes a play for China

  • Some brands are scared of China – not Starbucks

    Some brands are scared of China – not Starbucks

  • YNAP beats expectations thanks to smartphone sales

    YNAP beats expectations thanks to smartphone sales

  • Ferrari’s profit accelerates, leaves share price behind

    Ferrari’s profit accelerates, leaves share price behind

  • IDEXX Laboratories beats the street on revenue and earnings

    IDEXX Laboratories beats the street on revenue and earnings

  • Dufry’s organic growth hits 5-year high thanks to UK

    Dufry’s organic growth hits 5-year high thanks to UK

  • Moncler sees 18% revenue growth in first half of 2017

    Moncler sees 18% revenue growth in first half of 2017

  • Kering outperforms expectations to deliver record growth in first half of 2017

    Kering outperforms expectations to deliver record growth in first half of 2017

  • Las Vegas Sands beat expectations in Q2, Macau rebound in full swing

    Las Vegas Sands beat expectations in Q2, Macau rebound in full swing

  • LVMH reports ‘robust’ first half of the year

    LVMH reports ‘robust’ first half of the year

  • New Oriental Education continues meteoric rise, beats estimates

    New Oriental Education continues meteoric rise, beats estimates

Latest Luxury Stories

  • Kering retains spot as most sustainable luxury company in the world

    Kering retains spot as most sustainable luxury company in the world

    Luxury, Thursday, 21 September 2017

    For the third time, international luxury giant Kering has been named the world’s most sustainable luxury company. The rankings, put together by DJSI, are the gold standard for corporate sustainability. Kering took top spot in the “Textiles, Apparel & ...
  • Mandarin Oriental share price soars +30% on news of Excelsior proposal

    Mandarin Oriental share price soars +30% on news of Excelsior proposal

    Luxury, Wednesday, 20 September 2017

    Mandarin Oriental International Ltd., an international hotel investment and management group, has seen its share price appreciate dramatically over the past nine months. These gains have largely been driven by investors’ speculation over the value of the ...
  • New boss at Zenith says evolution is a must in Swiss watches

    New boss at Zenith says evolution is a must in Swiss watches

    Luxury, Tuesday, 19 September 2017

    Zenith, LVMH’s 152-year old Swiss watch brand, has a new CEO: Julien Tornare. And he has big plans for the brand and the industry. He’s in a good position to know what he’s talking about, having spent 17 years at Richemont’s Vacheron ...
  • Justin Beiber to team up with H&M for follow-up collection

    Justin Beiber to team up with H&M for follow-up collection

    Luxury, Monday, 18 September 2017

    True Beleibers, as fans of the 23-year old pop sensation are known, had a nasty surprise in July, when he cancelled his Purpose World Tour prematurely. But now, they have reason to cheer: they can pick up a little piece of him from H&M and keep him with them ...
  • Ctrip signs “strategic cooperation” agreement with Israeli tourism bureau

    Ctrip signs “strategic cooperation” agreement with Israeli tourism bureau

    Luxury, Friday, 15 September 2017

    This month saw Yariv Levin, minister of tourism for the state of Israel, visit China for the first time. While there, he was eager to visit Ctrip – China’s leading online travel agent – and discuss the future of Chinese travel into Israel. Later ...
  • Brown-Forman launches interactive website for sole wine brand

    Brown-Forman launches interactive website for sole wine brand

    Luxury, Friday, 15 September 2017

    The Brown-Forman Corporation is best known for its high-end spirits – but the company also has a wine brand up its sleeve: Sonoma-Cutrer Vineyards. Now, in an effort to push that brand further, Brown-Forman has enlisted the help of digital agency Blackstone ...
  • Asia drives growth at Richemont, according to recent figures

    Asia drives growth at Richemont, according to recent figures

    Luxury, Thursday, 14 September 2017

    In a trading update released Wednesday, Richemont revealed that Asia remains the main driver of growth for its many brands. Those brands include Cartier, Van Cleef & Arpels, and Piaget, amongst many others, and sales across them all increased by 12% over the ...
  • Last Ferrari LaFerrari Aperta sells for $10 million

    Last Ferrari LaFerrari Aperta sells for $10 million

    Luxury, Wednesday, 13 September 2017

    The media is rife with speculation over Ferrari’s future models: will they produce an entry-level model at a lower price point? Will they produce an SUV? The manifold discussions as to whether Ferrari will branch out from supercars, and whether it will offer ...
  • Tiffany & Co. launches first new fragrance in fourteen years

    Tiffany & Co. launches first new fragrance in fourteen years

    Luxury, Tuesday, 12 September 2017

    At an exclusive event on September 6, Tiffany launched its first new fragrance since 2003. According to the brand, the perfume – simply called Tiffany – is a “contemporary take on the most precious ingredients of traditional haute perfumery.” ...
  • Kering and LVMH take a stand for models’ health

    Kering and LVMH take a stand for models’ health

    Luxury, Monday, 11 September 2017

    French luxury groups Kering and LVMH – most usually rivals – have come together over a pressing issue in the fashion industry: the health and wellbeing of the models that parade clothes, bags and perfumes in front of us, on catwalks and magazine ads. ...
  • L’Oreal searches for a few good men

    L’Oreal searches for a few good men

    Luxury, Friday, 08 September 2017

    Cosmetics kingpin L’Oreal has never had any trouble attracting female staff. But while companies in Silicon Valley and further afield scrabble to add women to their rosters, the French company faces an equal and opposite problem: a dearth of men lining up to ...
  • Marriott eyes up Cuba as potential growth market

    Marriott eyes up Cuba as potential growth market

    Luxury, Thursday, 07 September 2017

    Legendary luxury hotelier Marriott International has its sights set on Cuba. The company is planning a renovation of the country’s Hotel Inglaterra, the historic property based on the fringes of Old Havana, but it’s not stopping there. Time Sheldon, ...
  • Sri Lankan authorities give Dufry the go-ahead

    Sri Lankan authorities give Dufry the go-ahead

    Luxury, Thursday, 07 September 2017

    The Sri Lankan cabinet has approved Bandaranaike International Airport (BIA)’s decision to award Dufry the second of two duty free contracts at the Colombo airport for five years. Dufry will be picking up the property that old acquisition World Duty Free used ...
  • LVMH to open Parisian… theme park?

    LVMH to open Parisian… theme park?

    Luxury, Wednesday, 06 September 2017

    Multinational luxury powerhouse LVMH is bringing something new to Paris. But this time, it won’t be a stylish new leather bag, or high-end perfume – it will be a “steampunk” theme park. Steampunk is a science fiction genre that centers around ...
  • Enter the affordable-ish Ferrari

    Enter the affordable-ish Ferrari

    Luxury, Tuesday, 05 September 2017

    Ferrari has been making waves in recent months as news broke that the company is considering some “mass-market” vehicles – such as SUVs – to bolster sales and provide a route to growth in the future. Of course, the words ...
  • Swiss watches climbed in July – pricier timepieces lead the way

    Swiss watches climbed in July – pricier timepieces lead the way

    Luxury, Monday, 04 September 2017

    Swiss watch exports climbed for the fourth month out of five in July, as higher-end watches proved popular with consumers. While lower price models struggled, expensive watches saw an uptick in sales. The Federation of the Swiss Watch Industry said that watches ...
  • Burberry pays homage to British portrait photography at old London courthouse

    Burberry pays homage to British portrait photography at old London courthouse

    Luxury, Friday, 01 September 2017

    Fashion brand Burberry might have a global sales footprint, but it is still quintessentially British. Over the years it has turned its high-end brand into a powerful creative property that embraces music, art, and entertainment – and if you listen to the ...
  • Samsonite outperforms in first half

    Samsonite outperforms in first half

    Luxury, Wednesday, 30 August 2017

    Global luggage market leader Samsonite is seeing success with its mission to bring top quality bags and carryalls across the world. The company saw underlying constant currency growth of 7.5% in the first half of 2017. Chairman Tim Parker said that Samsonite was ...
  • Tiffany & Co. report sparkling results for last quarter

    Tiffany & Co. report sparkling results for last quarter

    Luxury, Wednesday, 30 August 2017

    Iconic jeweler Tiffany & Co. has reported unexpectedly high profit and sales figures for its second quarter of 2017. The company said that net sales rose 3% from the year-ago quarter to $959.7 million. This was a clear beat against analysts’ expectations ...
  • Perth joins the Lindt chocolate shop club

    Perth joins the Lindt chocolate shop club

    Luxury, Tuesday, 29 August 2017

    Chocolate lovers in Perth are in luck: Lindt & Sprüngli, the Swiss luxury chocolatiers, are opening one of their branded shops in the city. The shop will be situated in the popular Watertown Brand Outlet Centre, and is set to open on September 7. The ...
  • PVH Corp. beats its own guidance in Q2

    PVH Corp. beats its own guidance in Q2

    Luxury, Friday, 25 August 2017

    PVH Corp., the American clothing company known for brands like Van Heusen, Tommy Hilfiger, and Calvin Klein, reported second quarter earnings for 2017 that beat its own guidance. The company saw a 7% increase in revenue for the quarter against the same period last ...
  • Richemont reorganizes in an effort to rejuvenate businesses

    Richemont reorganizes in an effort to rejuvenate businesses

    Luxury, Thursday, 24 August 2017

    The world’s second largest luxury company Richemont, owner of brands like Cartier and Montblanc, is reorganizing itself to become more efficient. This means divesting itself of struggling Chinese brand Shanghai Tang and changing up the company’s ...
  • Tiffany & Co. just won a $19.4 million lawsuit against Costco – but the real value is in brand protection

    Tiffany & Co. just won a $19.4 million lawsuit against Costco – but the real value is in brand protection

    Luxury, Wednesday, 23 August 2017

    Tiffany & Co. has been in a legal battle with the world’s second largest retailer, Costco, since Valentine’s Day 2013. The jeweler’s complaint was pretty clear to understand: Costco had labeled diamond rings in its stores “Tiffany” ...
  • Denim’s back – great news for Nike?

    Denim’s back – great news for Nike?

    Luxury, Tuesday, 22 August 2017

    Accessible sports apparel and fashion seller, Nike, might be in for a run of good luck. According to global financial services company UBS, jeans are on their way back in. A research note the company sent out says that as the athleisure trend “moves past its ...
  • Could a new Dino push Ferrari into pole position?

    Could a new Dino push Ferrari into pole position?

    Luxury, Monday, 21 August 2017

    Should Ferrari embrace a lower-cost model to bring in new drivers and help swell the company’s top and bottom lines over the next five years? That’s a question that has divided senior decision makers at the exclusive motor brand recently, as they debate ...
  • H&M bucks trends: upmarket, slow fashion

    H&M bucks trends: upmarket, slow fashion

    Luxury, Monday, 21 August 2017

    Fast fashion powerhouse Hennes & Mauritz (H&M) will debut a new line at the end of the month: Arket. This line, which will come with its own set of stores, will be launched on 25 August in London, and it’s a step sideways from some of the things ...
  • Dufry embraces cruise retail with center of excellence

    Dufry embraces cruise retail with center of excellence

    Luxury, Friday, 18 August 2017

    Duty Free retail giant Dufry has announced plans to establish a Center of Excellence for the cruise and ferry retail market in Miami. Currently, the division only makes up about 2% of Dufry’s revenue, but the company says it is a “strategic growth ...
  • Inditex pushes into Belarus fashion market

    Inditex pushes into Belarus fashion market

    Luxury, Friday, 18 August 2017

    Spanish fast fashion expert Inditex has opened its first stores for its flagship brands in Minsk, Belarus. The company will now be selling clothing from its Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home labels in the Dana Mall in ...
  • Marriott launches ‘Golden Rule’ campaign

    Marriott launches ‘Golden Rule’ campaign

    Luxury, Thursday, 17 August 2017

    Marriott International has debuted a new advertising campaign that seriously updates its brand marketing. The company’s new advertisements – collectively called ‘Golden Rule’ – focus on its four “classic select” brands: ...
  • Burberry boss to embark on cost-cutting spree

    Burberry boss to embark on cost-cutting spree

    Luxury, Wednesday, 16 August 2017

    When he was installed in the role of Burberry CEO some 40 days ago, Marco Gobbetti had two clearly defined tasks: return the company’s sales to growth, and cut £100 million in costs by 2019. Well, Burberry did see its sales return to growth at the end of ...
  • Anta Sports sees biggest ever six-month profit

    Anta Sports sees biggest ever six-month profit

    Luxury, Wednesday, 16 August 2017

    Chinese sportswear retailer Anta Sports has reported its biggest ever six-month profit for the first half the year. The company said that sales of its kids’ product line soared, and a promising showing on the ecommerce front, drove performance. The company ...
  • Samsonite sees online sales opportunities in India

    Samsonite sees online sales opportunities in India

    Luxury, Tuesday, 15 August 2017

    Global luggage market leader Samsonite is planning to push its online business to new heights in India. According to the company’s president of Asia Pacific, Subrata Dutta: "In India, online sales contribution is 8 per cent whereas on a global scale, ...
  • Puma embraces artificial intelligence in partnership with Lumo Bodytech

    Puma embraces artificial intelligence in partnership with Lumo Bodytech

    Luxury, Tuesday, 15 August 2017

    Sporting apparel maker Puma is entering the world of high tech training thanks to a recent partnership with Lumo Bodytech. Lumo, which has developed an artificial intelligence (AI) platform for smart sensors and software that allows athletes to optimize performance ...
  • Luxury Institute: “Tiffany is no pretender”

    Luxury Institute: “Tiffany is no pretender”

    Luxury, Monday, 14 August 2017

    Macy’s, Sears, and J.C. Penney have all struggled with shrinking growth over the last twelve months, as their brick-and-mortar operations fail to compete against the steamroller effect of ecommerce – a proposition that offers more choice, more ...
  • How one town is crucial to the leather goods industry

    How one town is crucial to the leather goods industry

    Luxury, Monday, 14 August 2017

    Two leather bags: made by different luxury companies, and bought in different hemispheres of the world – what do they have in common? Amongst the obvious fashion appeal, the answer may surprise you: they were probably made next to one another. The town of ...
  • Kering and Alibaba join forces in the fight against counterfeiting

    Kering and Alibaba join forces in the fight against counterfeiting

    Luxury, Friday, 11 August 2017

    Luxury giant Kering, the company behind brands like Yves Saint Laurent and Gucci, has partnered with Chinese ecommerce titan Alibaba to put an end to counterfeit goods being sold online. The deal will see Kering withdraw a lawsuit against Alibaba and affiliate ...
  • L’oreal: the next big cosmetics trend could be makeup for guys

    L’oreal: the next big cosmetics trend could be makeup for guys

    Luxury, Friday, 11 August 2017

    It’s no secret that the rise of social media, smartphone selfies, and reality TV has led Millennial consumers to be more image conscious than their predecessors. But one trend that is not widely reported on is the fact that this doesn’t just put pressure ...
  • For Ferrari, size might matter

    For Ferrari, size might matter

    Luxury, Thursday, 10 August 2017

    Ferrari is allegedly considering adding a four seat “utility vehicle” to its line of vehicles. The Italian luxury supercar maker is working on a five-year plan to double profit by 2022, according to people familiar with the matter, who asked not to be ...
  • Burberry and the Beast?

    Burberry and the Beast?

    Luxury, Thursday, 10 August 2017

    British fashion house Burberry is branching out into more ‘Beastly’ apparel, courtesy of its latest line of accessories. Playing on the popularity of Disney’s classic Beauty and the Beast, the company is hoping that Millennial mummies and their ...
  • Marriott beats the street and makes a play for China

    Marriott beats the street and makes a play for China

    Luxury, Wednesday, 09 August 2017

    Luxury hotel group Marriott beat analysts’ expectations when it released earnings for its second quarter. The company reported that RevPAR (revenue per room – a critical metric in the hospitality industry) increased 2.2% worldwide, and 0.9% in the U.S. ...
  • Some brands are scared of China – not Starbucks

    Some brands are scared of China – not Starbucks

    Luxury, Wednesday, 09 August 2017

    Starbucks is all in on China. While brands like Coca Cola and McDonalds are selling their businesses in the country, the coffee house kingpin is increasing its own. Starbucks is currently opening more than a store a day in China. This confidence in the Chinese ...
  • YNAP beats expectations thanks to smartphone sales

    YNAP beats expectations thanks to smartphone sales

    Luxury, Monday, 07 August 2017

    Online luxury retailer Yoox Net-a-Porter reported first half earnings that beat the Street’s expectations thanks to an uptick in mobile usage amongst consumers. The company’s mobile platform now accounts for more than half of its total sales. Adjusted ...
  • Ferrari’s profit accelerates, leaves share price behind

    Ferrari’s profit accelerates, leaves share price behind

    Luxury, Friday, 04 August 2017

    Ferrari, the Italian company behind some of the most famous and exclusive supercars ever made, reported quarterly earnings this week, showing a robust underlying business. The company saw consistent strong demand for its special editions, including the LaFerrari ...
  • IDEXX Laboratories beats the street on revenue and earnings

    IDEXX Laboratories beats the street on revenue and earnings

    Luxury, Thursday, 03 August 2017

    IDEXX Laboratories (Idexx) is the world’s largest pet health equipment maker. This segment is the fastest growing when it comes to discretionary pet spending worldwide, and Idexx holds 40% of the market. On Tuesday the company released its second quarter ...
  • Dufry’s organic growth hits 5-year high thanks to UK

    Dufry’s organic growth hits 5-year high thanks to UK

    Luxury, Wednesday, 02 August 2017

    Duty free market leader Dufry reported earnings for its second quarter last Monday, revealing organic growth that hit levels not seen for 5 years. The company’s second quarter organic growth accelerated to 8.9% from the year ago quarter, driven by strong ...
  • Moncler sees 18% revenue growth in first half of 2017

    Moncler sees 18% revenue growth in first half of 2017

    Luxury, Monday, 31 July 2017

    Italian luxury outerwear maker Moncler beat analysts’ expectations last week when it released earnings for the first half of 2017. The company saw a rise in revenues of 18% - or 17% when adjusted for currency fluctuations – and said it expects more in ...
  • Kering outperforms expectations to deliver record growth in first half of 2017

    Kering outperforms expectations to deliver record growth in first half of 2017

    Luxury, Monday, 31 July 2017

    Luxury titan Kering has released earnings for the first half of the year, beating expectations and delivering record growth in both revenue and profits. The company said that like-for-like sales grew 26.5% year on year in the first half of 2017, as demand for its ...
  • Las Vegas Sands beat expectations in Q2, Macau rebound in full swing

    Las Vegas Sands beat expectations in Q2, Macau rebound in full swing

    Luxury, Friday, 28 July 2017

    Las Vegas Sands Corp. reported second quarter results that beat expectations on both earnings and revenue, demonstrating the extent of the luxury turn around in Macau. Earnings per share came in at $0.73, easily beating consensus estimates of $0.61 by an impressive ...
  • LVMH reports ‘robust’ first half of the year

    LVMH reports ‘robust’ first half of the year

    Luxury, Friday, 28 July 2017

    The world’s largest luxury group, Moët Hennessy Louis Vuitton (LVMH), released results for the second quarter this week that demonstrated a ‘robust’ first half of the year. The company reported a 23% rise in first-half operating profit, driven ...
  • New Oriental Education continues meteoric rise, beats estimates

    New Oriental Education continues meteoric rise, beats estimates

    Luxury, Thursday, 27 July 2017

    New Oriental Education and Technology Group Inc. (New Oriental) reported earnings for the fourth quarter of its fiscal year, beating analysts’ estimates and returning strong performance across pretty much every metric. The company has increasingly focused on ...