Tiffany

Luxury and super-verticalisation of the supply chain: from birth to death of a product

May 28, 2013 1:17 pm by Vanessa Friedman

Today my colleague Scheherazade Daneshkhu has written a terrific piece about the luxury race to the vertical – the move among the big groups to own not only their own manufacturing and retail, but their suppliers – and lo! what should happened but yet more proof of the trend: Loro Piana has bought a majority stake in the Argentinian alpaca producer Sanin SA. It ain’t just about leather and python anymore: now fibers are in the mix. And I wonder how far it will go?

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Posted in Luxury goods |

Tiffany, Neil Lane and Van Cleef milk Oscars red carpet

February 25, 2013 11:26 am by Vanessa Friedman

Forget clothes; the red carpet is all about the jewellery now. Would be that of an after-awards morning my in-box would be full of who-wore-what emails. Not any more! Now it’s jewels, all the way down (or pretty much). Yet I can’t help feeling that there’s a difference between fine jewellery and clothes, even really expensive clothes, and the “if-it-worked-for-fashion-it-will-work-for-gems” theory is wrong.  Read more

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Posted in Fashion, Hollywood, Jewellery, Luxury goods |

Luxury CEOs get even more pessimistic

October 11, 2012 4:09 pm by Vanessa Friedman

Today Ledbury research is publishing their “CEO Sentiment Indicator,” an exciting document in which they chart the words of luxury execs as they reveal the thoughts of said execs about how things are shaping up for the future. They gave us an exclusive peek at it before release. And guess what? They are not feeling the love.

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Posted in China, Fashion, Financial results, Luxury goods, Recession |

What’s up with those Qataris?

August 6, 2012 1:19 pm by Vanessa Friedman

Let’s do a quick recap here: in the last two years the Qatari soverign wealth fund has bought all of Harrod’s and a 5.2% stake in Tiffany’s; the Qatari royal family bought Valentino; and yesterday, it was announced that An Unnamed Qatari Investor had bought 38% of Anya Hindmarch. There’s a new luxury player in the land, and he – or she — is spending! But who is this masked man? And why are the Qataris suddenly making such a big play in luxury? Read more

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Posted in Fashion, Luxury goods, Middle East |

Luxury CEOs reveal fears for future

April 30, 2012 3:40 pm by Vanessa Friedman

Luxury brands from PPR to LVMH may be announcing more banner results this month, but according to a new report from UK luxury consultancy Ledbury Research, their CEOs are probably a lot more worried about the industry’s prospects in 2012 than they are letting on. Read more

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Posted in China, Financial results, Luxury goods, Recession |

Tumi’s IPO appeal

April 20, 2012 4:03 pm by Vanessa Friedman

And so yet more proof lands in the in-box that people are still buying luxury – and this time I’m not talking about the products. I’m talking about stocks. Hot on the heels of the revelation that Qatar’s sovereign wealth fund has bought a 5% stake in jeweler Tiffany comes the news that luggage maker Tumi’s value was up by over 50% after their IPO yesterday raised $338 million.

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Posted in Accessories, Luxury goods |

Parsing Interbrand’s best global luxury brands

September 20, 2010 10:23 am by Vanessa Friedman

The Interbrand 100 best global brands list 2010 just came out, and there was some interesting (or depressing, depending on your perspective), movement in the luxury rankings.  Read more

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Posted in Fashion, Luxury goods, Recession |