In Japan, Luxury Goods Fly Off Shelves Despite Struggling Economy

Tokyo's Ginza shopping district | Source: Shutterstock

Japan’s economy is hobbling out of a recession, inflation is a quarter of the central bank’s target and wages adjusted for price changes fell last year. And yet sales of luxury goods are growing and the stock market hita 15- year high.

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How Tiffany Lost Its Shine: Four Challenges Facing the Blue Box

Tiffany & Co packaging | Source: Flickr/minxlj

Tiffany & Co. couldn’t persuade enough customers to put a little blue box under the tree this holiday season. After a sluggish November and December — when sales fell 1 percent — the luxury jewelry chain cut its annual forecast today.

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The Creative Class | Gwenaël Nicolas, Interior and Product Designer

Gwenaël Nicolas | Source: Courtesy

Gwenaël Nicolas has a problem with gravity, likes to present industry leaders with mysterious boxes and is on a mission to make people curious. He is also increasingly sought-after by luxury brands to design retail spaces that shine with intelligence. The Creative Class is supported by CLIO Image, an awards show honouring creative excellence in fashion, beauty and retail.

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How Kitsuné Cultivated a Loyal Fashion Fanbase Through Music

Masaya Kuroki and Gildas Loaëc of Kitsuné | Photo: Sara Nataf

Former Daft Punk manager Gildas Loaëc and architect Masaya Kuroki launched the Kitsuné label with a unique blend of music and fashion. Twelve years later, the business is set to generate $15.9 million in annual revenue.

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