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The Bay's fashion focus, Omnipresent customers, LVMH rebound, China boosts Burberry, Motoyama wisdom

Mobile diversity | Source: w3
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  • BoF Team

The Bay finds new fashion focus (Vancouver Sun)
"Two years after Bonnie Brooks took over the helm of the Canadian heritage department store -several months after it was bought by U.S. real estate magnate Richard Baker - Brooks's fashion focus has finally arrived."

How mobile has given rise to the omnipresent customer (Luxury Daily)
"These new types of customers are no longer confined to a PC or laptop. They are now on the move and it is up to retailers to not only catch up with them, but meet them at the point of need and anticipate their next move. Mobile provides this capability."

LVMH Third-Quarter Sales Rise 24 percent (Bloomberg)
"Demand for luxury goods is recovering as wealthy Asian shoppers splurge on timepieces and handbags, and retailers replenish inventories in the U.S. and Europe after the industry's worst year on record."

China's love of luxury goods boosts Burberry (Telegraph)
"Burberry, the luxury goods retailer, said that like-for-like sales in its stores around the world increased by 9pc over the six months to September 30, boosted by shops in emerging markets."

Fashion retailer Choichiro Motoyama (Japan Times)
"Choichiro Motoyama, 89, is a pioneering Japanese retailer ...He relentlessly advocated elegance and is widely known as the man responsible for creating the demand and subsequent boom for foreign luxury goods in Asia."

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