“Like their peers in Japan and China, Korean women love luxury items. Here’s one way to gauge just how much: there’s a secondhand market for Chanel and other brand-name paper shopping bags.” (WSJ) “Being a multi-national brand in today’s world isn’t easy.  Forget about inflation concerns, outsourcing issues or shareholder demands…social media communication is...

“This fall, major design houses featured a number of Chinese models in fashion weeks as part of a bid by the firms to boost their sales in China.” (CNN) “Luxury’s recovery has momentum.” (The Economist) “The Times’ fashion critic talks about the business.” (Stanford Report) “Shares of Saks Inc. rose in trading Thursday after...

“A slide in the euro against major currencies should help European luxury houses attract foreign shoppers as their home markets are rocked by a debt crisis that is seen dampening consumers’ appetite for spending.” (Reuters) “The market for private online sample sales is only getting more competitive: HauteLook, which sells luxury clothing for women,...

“Just as water blankets the Earth’s surface area (and sustains life), social-networking technologies will soon cover 70% of the Web. This will breathe ubiquitous global social connectivity into once solitary experiences. The impact for luxury brands will be dramatic.” (Edelman Digital) “China’s consumer confidence has reached record levels this past quarter. According to a...