Today in luxury marketing:
LVMH CEO stars in the second handbag war
On his way to creating the world’s biggest luxury group and becoming the richest man in France, Bernard Arnault has made a career of swallowing grand, family-owned businesses and the years he has picked many a fight with founders of luxury firms, or their heirs, who were unwilling to sell, according to The Economist.
Click here to read the entire story on the Economist
Asians are more likely to buy fancy watches than Americans, according to Hublot CEO
Hublot CEO Jean-Claude Biver says that Asians appreciate expensive, fancy watches much more than Americans do, according to The Cut.
Click here to read the entire story on The Cut
Jimmy Choo’s launches first fragrance
After 15 years in the shoe biz, the brand is launching its first fragrance, exclusively at Saks Fifth Avenue on Jan. 15, according to StyleList.
Click here to read the entire story on StyleList
Beyond Twitter: What’s next for designers in 2011
In the midst of the recession, designers could actually help their hard-hit businesses by focusing on e-commerce and social network connections, according to the New York Times.
Click here to read the entire story on the New York Times