gilt luxury website

Men’s luxury e-commerce site to launch

Invitation-only flash sales site Gilt Groupe plans to launch a full-price men’s retail site in summer 2011, the company announced Tuesday. Gilt Groupe is a shopping site that specialises in 36-hour flash sales with designer brands like Vivienne Tam, Marc Jacobs, and Derek Lam sold for up to 70 percent. The site offers a curated [...]

cerruti store

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 in with the Group’s strategy to own intellectual property rights or take on very long term licenses in high-end to [...]

Ne-Tiger

Western luxe still rules China

The Chinese luxury site NobleChinese posted a Top Ten List of preferred domestic luxury labels, as chosen by its readers. Only two of the entries are fashion brands affirming that when it comes to fashion, Western brands are still the best-known and favored amongst Chinese netizens. It comes as little surprise: A September 2010 study [...]

Hermes Paris boutique

LVMH increases Hermes stake to 20 percent

LVMH said Tuesday it had increased its stake in smaller rival Hermes to more than 20 percent, sparking fresh speculation about its ultimate intentions. Mr. Arnault surprised the family behind Hermès two months ago by announcing he had racked up a 17.1% stake in their company. LVMH said in a statement to the market regulator [...]

exhibition luxury magazine

A new luxury magazine: “Exhibition”

A new luxury magazine, titled Exhibition, will be hitting newstands worldwide on January 25. The mission of Exhibition is to showcase one particular object or product in-depth for its single edition out yearly. The first theme for the glossy magazine’s debut edition is lipstick. “The lipstick is a commercial object yet full of symbols and [...]

Airstar Avenue Incheon airport

The world’s first Louis Vuitton airport store

Shilla Duty Free has struck a landmark agreement to open the world’s first Louis Vuitton airport store, at Incheon International Airport. The luxury brand has traditionally rejected the airport retailing channel – though it is present in downtown travel retail through selected Gallerias run by fellow LVMH subsidiary DFS, and through high-class Korean retailers such [...]

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