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Luxury brands battle for fans on Facebook

On Monday, November 22, Gucci hit the 3 million fan mark on Facebook. The Italian label may soon surpass Burberry, which boasts 3.2 million fans, as the most widely followed fashion brand on the social networking site. Gucci’s Facebook milestone follows hot on the heels of the announcement made by Burberry on November 19 that [...]

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Burberry reaches 3 million Facebook Fans

Burberry just reached 3 million Facebook fans (3,157,000 at current count) – the highest number of fans for any luxury fashion brand. It took one year for the company to reach one million fans, six months to reach two million fans and just one month to reach three million. To celebrate the moment and to [...]

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Louis Vuitton, Chanel top China’s most-wanted list

China’s ever increasing economic clout has again been reflected in a survey on consumer tastes in luxury goods which has shown the nation not only knows what goods it wants, it most certainly now has the means by which to buy them. A report released this week by Bain & Company has claimed China is [...]

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Hermes rejects LVMH foray, luxury battle in offing

Hermes rejected on Wednesday “an attack” on its capital by luxury goods giant LVMH, sounding the start of what could become a bitter battle for control of one of France’s most iconic brands. The head of LVMH, Bernard Arnault announced he had bought 17 percent of his rival Hermes, insisting that this does not herald [...]

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Christian Louboutin To Open Beijing Store Next Year

French Luxury Shoemaker Christian Louboutin plans to open two stores in China next year, propelled by the rising incomes of Chinese shoppers. The first-ever Beijing standalone store is slated to open in July 2011, followed by a Shanghai boutique in December 2011. Louboutin said in a recent interview with Bloomberg that he may operate as [...]

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Ralph Lauren’s New Flagship on Madison Avenue

Ralph Lauren has opened the doors to a palatial store last month on Madison Avenue in Manhattan. It is built as an extension of the Polo flagship across the street at the Rhinelander Mansion. The 22,000-sq-.ft. store, reminiscent of the grand Beaux-Arts architecture of the early 20th Century, is dedicated to Lauren’s Women’s and Home [...]

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