Monthly Archives: July 2008

Jil Sander for Sale–Again?

Blogger Diedre Woollard over at Luxist has a post today that German fashion house Jil Sander could be for sale–again.

It’s been a rough couple of years for the label. Founded in 1968 by Jil Sander, it became famous for its minimalist designs and pal… Continue reading

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Coach Cautious About 2009

Luxury products blog–and guilty pleasure–Luxist has a nice post today on Coach (COH), which announced just its fourth quarter earnings. Like many other luxury products and services companies, the handbag and accessories maker continues to see strong … Continue reading

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LVMH Sees Strong Gains Overall But Weakness in Wine & Spirits

When the going gets tough, the tough drink cheaper booze. LVMH Moet Hennessy Louis Vuitton (LVMH) announced Tuesday that its first-half profit growth slowed due to weaker demand for premium spirits and wines. Nevertheless, while revenue for that group… Continue reading

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Gucci’s Owner Posts Fashionably Late Sales Increase

Better late than never, they say. PPR SA (PRTP), the French luxury conglomerate that owns luxury brands such as Gucci and Yves Saint Laurent, as well as European book and CD retailer fnac, unexpectantly beat second quarter forecasts by generating reven… Continue reading

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Waiting for the Luxury Shoe to Drop?

In line with its peers at the upper end of the luxury business, Hermes (HRMS)has so far been immune to the global economic downturn. On Tuesday the 171-year-old Parisian company posted a surprise 12.8% increase to 398 million euros, or around $622.4 mi… Continue reading

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