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POPSLuxury Brands Refuse To Predict The Future Even luxury brands that have fared well during the recession are hesitant to forecast sales for the end of 2009 or 2010. Check out our latest coverage on the luxury industry: http://www.forbes.com/2009/03/19/hermes-lvmh-ppr-markets-equity-luxury.html
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POPSLagerfeld Says The Internet Makes Luxury Look Cheap Chanel designer--and fashion superstar--Karl Lagerfeld says that the internet does not convey "the unique feel and sophistication of luxury materials," and is aiming to ensure a law that allows brands to control who sells their goods on the internet stays in place after 2009. Here's our story about how luxury lovers shop online: http://www.forbes.com/2008/10/08/shopping-online-spending-forbeslife-cx_ls_1008style.html
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POPSLVMH Still Going Strong I wish I wasn't about to get on a plane, because I'd really like to sink my teeth into this fascinating piece of news. LVMH sale third quarter sales increased by 6%. That's pretty incredible considering the state of the global economy. Here's our take from last quarter: http://www.forbes.com/2008/08/26/style-luxury-earnings-forbeslife-cx_ls_0826earnings.html
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POPSPhilo's Back Former Chloe designer Phoebe Philo will return to LVMH as creative director of Celine. The last big name to hold that position was Michael Kors.
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POPSLVMH Buys Hublot They already own threen luxe watch companies and now LVMH has acquired Swiss watchmaker Hublot.
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POPSMore Fashion IPOs in 2008 After over a decade of flirtation with an IPO, it looks as though Prada will finally take the plunge this year. Check out my story, When Fashion Goes Public, which details Ferragamo's attempt: http://www.forbes.com/home/2006/11/15/fashion-public-offering-forbeslife-style-cx_ls_1116house.html
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