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Chic clicks, Indian luxury stalls, Harvey Nichols boost, Aquascutum push, Growing a McQueen garden

Taj Hotel, Mumbai | Source: India Server
By
  • BoF Team

The chic learn to click (Economist)
"Luxury firms may at last be waking up to the internet, but they have a long way to catch up... It is odd that an industry that would not be seen dead in last season's colour is wedded to the last century's technology."

India's luxury market remains underdeveloped (CPP Luxury)
"The lack of upscale retail space, high taxes and red tape are the main factors which have been hampering the development of the Indian luxury market. Luxury spending in India… was less than a tenth of that in China last year."

Harvey Nichols profits up (Retail Week)
"Harvey Nichols... has revealed that the luxury department store will return to record pre-recession profit levels in its current financial year but has warned of a drop in shopper spend in 2011."

Aquascutum fights to turn things around (Independent)
"The fashion brand Aquascutum is working with a debt advisory firm to raise capital to drive its turnaround, following its acquisition by the owner of Jaeger last September."

Grow Your Own McQueen Garden With the New Visionaire (QS)
"The nicest touch: it turns into flowers. The issue will include images inspired by McQueen, printed on paper embedded with wildflower seeds. When you plant the pages, water and sun them, they'll eventually blossom."

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