Jean Schlumberger for Tiffany's | Source: Tiffany & Co.
Shine returns as Tiffany’s sales rise (FT)
“Tiffany, the US jeweller, raised its profit outlook yesterday as strong holiday sales brought some shine back to an industry that cash-constrained consumers shunned during the worst of the recession.”
Tony Blair could help LVMH’s forays into new markets (Reuters)
“Tony Blair’s expected appointment as adviser to LVMH… could help it penetrate tough yet promising markets such as India… The former British Prime Minister, a friend of LVMH boss Bernard Arnault, is now free to pursue other commitments having been passed over for the EU presidency in November.”
Italy fashion to exit crisis first, body says (Reuters)
“Italy’s fashion sector will emerge from the financial crisis before others but the government needs to help companies be more competitive, the head of an industry body said on Tuesday.”
Have the Wealthy Changed their Values? (WSJ)
“A new survey from PNC aims to show how the wealthy have changed their values because of the recession. According to the survey, of more than 1,000 people with net worths of at least $500,000 in investible assets, 88 percent agreed with the statement that it is ‘more important than ever to live within my means.’”
Fashion on the web: Le click, c’est chic (Independent)
“Ten years ago, you had to head to the city to buy designer threads. Then a clutch of new websites changed the way we shop for ever.”
