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January 27, 2010

Daily News: A Global Roundup

By Robert Cordero
Daily News: A Global Roundup

“InStyle pulled off an incredible 33.5% jump in year over year ad pages for its March issue, and Vogue eked out a 0.6% increase.” (Blogging Stocks)

“Alexander Wang chooses Gilt Groupe over physical sample sale.” (New York Magazine)

“Lulu Guinness will open her first pop-up shop off London’s Carnaby Street from February 8 to 22.” (Drapers)

“The luxury goods industry still looks broadly cheap, assuming Asian demand will help it regain the multiples it sported back in the halcyon days of 2001-2007, and this suggests it’s time for a strategic move by cash-rich Compagnie Financiere Richemont.” (Wall Street Journal)

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