French Press | Le Monde Reports on LVMH’s Secret Hermès Plan, São Paulo’s Fiercely Competitive Luxury Malls, Sports and Lifestyle Brands
Bernard Arnault | Source: PursuitistBoF distills recent fashion stories from the French media.
Bernard Arnault | Source: PursuitistBrazilian Luxury Mall Operator Iguatemi in Expansion Mode
JK Iguatemi | Photo: Daniela TovianskiSAO PAULO, Brazil — Mall operator Iguatemi Empresa de Shopping Centers SA is expanding at its fastest pace since going public in 2007, betting that luxury shoppers will be more resistant to a souring economy.
Global Briefing | Forget the Beach, Mall Culture Rises in Brazil
SÃO PAULO, Brazil — In emerging markets like India and China, luxury shopping malls have often struggled to successfully take root. Quality and execution issues have plagued many of India’s new shopping centres, while, apart from the very best developments, many of China’s large-scale malls are often worryingly empty. But despite the fact that the sun is always shining and the breeze is always blowing, Brazil’s luxury malls are
