Posted by Caroline Smith on November 23, 2010 05:00 PM
Amazon launches mobile price-comparison engine that threatens store retailers.
Apple sells 2 million Beatles songs in first week.
Dolce & Gabbana namesakes indicted on tax evasion charges.
EBS and other Irish banks are up for sale as bailout request puts nation on brink of collapse.
Foursquare takes on the TSA with “Baggage Handler” badge, as TSA launches iPhone app to advise travelers.
Gibson sues PaperJamz paper guitar-maker WowWee and retailers including Toys'R'Us and eBay.
Google allows promoted tweets to real-time search results.Continue reading...
Posted by Caroline Smith on November 3, 2010 05:00 PM
Alexander McQueen label settles with Hells Angels by agreeing to destroy merchandise with skull logo.
Apple challenged by 2010 MacBook Air owners reporting logic board and display issues.
Best Buy goes national with online launch.
Hermes tells LVMH to back off.
J. Crew promotes self-gifting for the holidays.
J.P. Morgan Vice Chairman Steve Black is leaving the firm.Continue reading...
Posted by Shirley Brady on October 27, 2010 08:30 AM
Acer is launching a line of tablet PCs.
Apple launches Chinese app store.
Bill Clinton, one-man Michelin star?
BMW recall may have been prompted by ABC News investigation.
BP CEO Bob Dudley vows company will remain committed to America.
British Airways expands mobile boarding to BlackBerry and Android smartphones.
Budweiser's new UK spot features giant game of pool.Continue reading...
Posted by Barry Silverstein on October 25, 2010 02:00 PM
As the luxury goods market looks to rebound next year, we're already seeing some interesting jockeying for position.
Shares of Hermes and LVMH rose sharply today on news that LVMH had acquired as much as a 17 percent stake in the high-end luxury brand Hermes.
LVMH, a French conglomerate, already has ownership of iconic luxury brands in a variety of markets. In fashion and perfumes, the company owns Christian Dior, Donna Karan, Fendi, Givenchy, and Louis Vuitton; in jewelry and watches, De Beers, Hublot, and TAG Heuer; in wines and spirits, Dom Perignon, Hennessy, Krug, and Moet & Chandon.
Increasing its holdings in Hermes is a "friendly" move, not a takeover bid, says LVMH. According to the company, "The objective of LVMH is to be a long-term shareholder of Hermes and to contribute to the preservation of the family and French attributes which are at the heart of the global success of this iconic brand." Continue reading...
Posted by Dale Buss on October 15, 2010 09:00 AM
Apple tries to crack the code for China, as Verizon Wireless prepares to start carrying the iPad in the U.S.
BP stations in the U.S. are looking to rebrand, presenting a challenge for new CEO Robert Dudley.
Cadbury introduces "Most pampered bar in the world" campaign.
DoubleTree by Hilton rebrands globally.
Gap Inc. is focusing on international and online growth, CEO Glenn Murphy tells investors.
GE reports quarterly growth in orders after long drought.Continue reading...
search and destroy
Posted by Abe Sauer on October 14, 2010 02:15 PM
Ambush marketing, the practice of piggybacking on the sponsorship of others brands, has most commonly occurred at large sporting events. Indeed, the recent World Cup saw an explosion of ambush marketing, some of it more effective than others.
But a new lawsuit out of Europe finds ambush marketing starting to appear in a whole new arena with extraordinarily game-changing repercussions: Google.Continue reading...
Posted by Caroline Smith on September 27, 2010 12:00 PM
Sip in style! Evian Natural Spring Water unveils fouth annual limited edition bottle, designed by fashion legend Issey Miyake. It's available for $7.99 per bottle at evian.
Gucci launches a new interactive website, adding a touch of glamour to the world of social media.
The countdown to Christmas just got an upgrade, as Porsche unveils a $1 million advent calendar.
InStyle, Saks Fifth Avenue, Nars and Foursquare are collaborating on an interactive new promotion, allowing Saks shoppers to “check-in” at hot spots in the store and win prizes.
After the jump: Jimmy Choo, Ferragamo, Swarovski and more.Continue reading...
lap of luxury
Posted by Shirley Brady on August 27, 2010 11:00 AM
* Donald Trump has launched Trump Tea, with four blends named after his favorite places, including New York's Union Square.
* Tiffany & Co. sales increased almost 10% in the second quarter, with half of sales now outside the US.
* LVMH is reportedly eyeing sister-owned fashion label Rodarte as an acquisition, and is now a part-owner of China's Emperor Watch and Jewellery brand, where it sees a big opportunity among Chinese wealthy.
* Chloe's next CEO will be Geoffroy de la Bourdonnaye, a French luxury vet with tenures at LVMH and Disney. He replaces Ralph Toledano, who unexpectedly exited this week.Continue reading...