Hermès names CEO, Neiman profits up, Consumer confidence sinks, Made in Britain, Dolce & Gabbana

| Daily Digest

Le Carré Hermès Spring/Summer 2012 Campaign | Source: Hermès

Hermès Family Back in Saddle (WSJ) “The founding family of French luxury-goods maker Hermès International Tuesday named a member of its sixth generation to become chief executive next year, cementing its grip as the threat lingers from larger rival LVMH Moët Hennessy Louis Vuitton.” Neiman Marcus 3Q profit rises 35 pct (Businessweek) “Upscale retailer Neiman Marcus Inc. said Tuesday its fiscal third-quarter profit

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Loewe’s trajectory, Burberry rising, Vuitton’s top spot, Uniqlo expands, Prada and Polanski

| Daily Digest

Backstage at Loewe Fall/Winter 2012⎮Source: Wonderland Magazine

Spain’s got talent (Telegraph) “Stuart Vevers and Lisa Montague, the British duo who set Mulberry on the road to global superstardom, have taken their recipe to Loewe, the luxury heritage brand based in Madrid. Will it taste as sweet?” Burberry to invest in new, bigger stores (Reuters) “British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million

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Gucci’s payoff, Tales of Hermès, Hong Kong rents spike, Runway tweens, Theyskens’ singular voice

| Daily Digest

Gucci Spring/Summer 2012 campaign | Source: Gucci

Gucci wins $4.66 million, ban on Guess knock-offs (Reuters) “A U.S. judge said Gucci may recover just $4.66 million in its lawsuit accusing apparel retailer Guess Inc of copying its trademarked designs, a small fraction of the more than $120 million sought by the Italian luxury goods company.” Hermès tells a playful tale of leather (IHT) “Every invention by Hermès, the French leather goods company, seems to have a

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Dubai’s new draw, Hermès rises, Online recipes, Collette Dinnigan prize, Who’s that girl?

| Daily Digest

Dior store Dubai UAE | Source: CPP Luxury

Dubai Finesses Ease of Luxury Shopping for Chinese (NY Times) “Chinese shoppers, rare birds not long ago, are flocking to Dubai’s malls. Up to 25 percent of luxury goods sold in Mall of the Emirates are purchased by Chinese tourists… ‘So now, it’s about how we market to them,’ Mr. Malas said. ‘For example, many stores are hiring Chinese speakers dedicated to these consumers.’ Dior had two Chinese

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Leather forever, China momentum, Adidas profits to rise, Curator wears Prada, ‘It’ brand again

| Daily Digest

Hermès winged saddle bag | Source: Glam

Wings of desire: 175 years of Hermès (Telegraph) “Fast-forward to now, and Hermès is the world’s best-regarded luxury company. The regard is reflected in its performance: last year, its profits rose 41 per cent to £495 million. Its exquisitely printed silk scarves are lusted after, but the cult of Hermès is predicated primarily on its handbags.” Slowdown in China? Not for luxury brands (CNN) “China’s

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