Market Pulse | Giving Thanks?

Savigny Luxury Index November 2013 | Source: Savigny Partners

Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.

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Crocodile Bites Show Why Your Birkin Bag Is So Expensive

Hermes alligator Birkin | Source: PurseForum

PARIS, France — Crocodile-skin handbags can be to die for. Really. As demand from the world’s elite surges for the skins, luxury-goods companies from LVMH Louis Vuitton Moet Hennessy SA to Gucci-owner Kering SA are making acquisitions to secure supply of the beasts, whose habits can make simply collecting their eggs a matter of life and death. Raising the reptiles from hatchling to arm candy without scratches from other crocs is

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LVMH Quarterly Revenue Trails Estimates as Fashion Growth Slows

Louis Vuitton Autumn/Winter 2013 Campaign | Source: Louis Vuitton

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-products maker, reported third-quarter revenue that trailed analysts’ estimates amid slowing growth in fashion and leather-goods sales.

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