“Maria Luisa, the iconic French designer independent, is to shut up shop in Paris to focus on trading in department stores and online, claiming they are ’100 times’ more powerful routes to market than destination boutique.” (Drapers)
“The famous dress that earned Princess Diana the nickname “Daring Di” was auctioned yesterday at £192,000, far above its expected selling price of £50,000.” (Vogue UK)
“he launch of the new Louis Vuitton maison in London shows, one of the emerging themes from the post-recessionary environment is to encourage guilt-free shopping in a store ‘disguised’ as art museum.” (Agenda Inc.)
“Strong results from upscale chain Neiman Marcus Group Inc point to an uptick in luxury spending, but a weaker euro and volatile stock markets could still hurt later.” (Reuters)
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