Vuitton and Tiffany Seen Pressured in Japan by Weaker Yen

Tiffany & Co. store | Source: Tiffany & Co

TOKYO, Japan — Tiffany & Co. and Harry Winston stores will follow Louis Vuitton in raising some prices to offset the yen’s 12 percent slide since Prime Minister Abe took office Dec. 26 with a promise to tame the currency’s strength and revive Japan’s exporters.

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Market Pulse | Dealing in All Shapes and Sizes

Savigny Luxury Index January 2013 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) gained 2.8 percent in January, outperforming the MSCI World Index (MSCI) by a touch over 1 percent. Positive economic news coming out of China sent the SLI into a mini-rally at the beginning of the month, however mixed corporate results announcements took some of the wind out of its sails. From a mergers and acquisitions perspective though, the year has started off with a

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Lunch with Bailey, Swatch buys Harry Winston, Generation gap, Picky investors, Thomas Tait

Christopher Bailey | Source: Rumi Foundation

Lunch with Christopher Bailey (FT) “Bailey is so famous for his un-diva-ness that it risks overshadowing his fame as the designer responsible for the anointment of Burberry as Britain’s greatest global brand. Since Bailey’s arrival in 2001 as creative director, Burberry has almost doubled its revenues, from £1bn to £1.85bn, and now has 462 stores around the world.” Swatch buys Harry Winston jewelery arm for $750 million

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