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LUX: \ˈləks\ Fashion. Life. Philanthropy.

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Articles Tagged "Market"

01.12.2012

Rolls-Royce rides success in China, releasing new ‘Dragon’ car

Rolls-Royce has its sights set on China. The high-end carmaker has discovered incredible success in the Asian nation, which helped drive 2011 sales to the highest point in the brand’s history. Last year, China outperformed the Unite States as the luxury car company’s biggest market,...

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12.30.2011

Sephora to unveil string of stores in Latin America

Sephora has big plans for Latin America, intending to open 10 to 12 new stores in the region in an attempt to take advantage of the quickly expanding beauty market, declared Paula Larroque, Latin America senior vice president of the French brand, reported WWD.

Having unveiled its...

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10.12.2011

Estée Lauder takes on global markets

Considering its presence in 150 countries, Estée Lauder Cos. Inc. is, without a doubt, a global business, with the majority of its sales occurring outside North America, reported WWD.

China has proved to be a particularly key market for Estée Lauder, and Cedric Prouvé, group...

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06.23.2011

Female entrepreneurs the new trend for e-commerce startups

Long gone are the days when women were relegated to being secretaries. Increasingly female entrepreneurs are playing key roles at e-commerce companies, especially in industries such as food and fashion, in which the female point of view is regarded as particularly crucial, reported...

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06.17.2011

Fine jewelry industry shows surprising growth

Today’s jewelry shopper is less worried about the struggling economy and more likely to whip out that credit card, reported WWD. The return of women to the market particularly has translated into impressive gains in sales, with double-digit growth at both fine jewelry trade shows and...

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06.09.2011

Salvatore Ferragamo eyes further expansion in China

Italian high-end retailer Salvatore Ferragamo has hit pay dirt in Asia: The region is responsible for 51 percent of the firm’s sales during 2010, reported Red Luxury.

As Ferragamo continues its international expansion, China has played a key role in driving sales. The retailer...

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06.06.2011

Fashion retailer ASOS plans move to China

Global online fashion retailer ASOS has plans to enter Chinese markets, a decision that hinged on the company’s recent aggressive sales growth – a 41 percent rise in year profit. The company has declared that it is well on its way to hitting the mark of one billion pounds (more than $2...

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03.17.2011

Gap branches out with new options

In an attempt to stay ahead of denim trends and enhance store performance, Gap is broadening its collection. Its 1969 line will include an increased array of colors, fabrics and lengths.

First launched two years ago, 1969 was a realignment of Gap jeans’ position in the market,...

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03.10.2011

Canada interests expanding retailers Topshop and David’s Bridal

Topshop, a British women’s clothing brand that has expanded around the globe, is now tackling the Canadian market. In a deal with Hudson’s Bay Co., both Topshop and its menswear brand, Topman, will be sold in Canada in The Bay department stores as store-within-a-store concepts, as...

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03.01.2011

Chloé to unveil Chinese-language blog and global e-commerce site

Chloé has gone high-tech! Not only did it live-stream its spring runway show, held in the Shanghai Expo Center, on its main website, the brand intends to launch a global e-commerce site.

This is all part of the company’s new Web-based strategy, which includes a Chinese-language blog,...

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