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BoF Daily Digest | Bottega’s cruise, Returns rise, LVMH strong in China, Macy’s loss
Bottega Veneta Invests in Cruise (WSJ)
In a difficult time for luxury retailers, Bottega Veneta is launching a glitzy marketing campaign.
Returns on the Rise–Retailers Are Rolling Out More Flexible Return Policies (WSJ)
According to the Wall Street Journal, “Retailers are expected to see the value of
merchandise returned in 2008 increase a whopping 23%.”
LVMH Stresses China Growth (WWD)
LVMH “issued a statement saying its business in China remained strong.”
Macy’s Posts $44M Loss in Q3 (DNR)
In its Q3 ending in the 4th quarter, Macy’s posted a $44M loss.
Bottega Veneta’s Cruise campaign, photo courtesy of Bottega Veneta.
