China Fashionistas Get Best Deals on Gucci, Hermes Bling - Yahoo Finance
Cartier, the maker of $50,000 watches, sent a WeChat message in June telling some of its customers about a high jewelry exhibition with all pieces at Hong Kong prices in North China. Customers could follow up with a salesperson for details. Luxury Outlets A spokeswoman for Hermes said Aprils Hangzhou sales were held outside its own stores, similar to what it does in Paris, and the brand has organized such sales in past years in Beijing and Shanghai. Richemont spokesman Alan Grieve said the company doesnt comment on specific markets, while Ferragamo and Zegna staff were on summer holiday and couldnt respond to questions about the sales. A spokesman for LVMH, parent of handbag maker Louis Vuitton, said the company doesnt organize discounted sales. Kering declined to comment, and Dior didnt reply to e-mailed queries. Luxe brands excess inventory puts pressure on companies to open more than the current small number of outlet stores in China to sell discounted off-season items, said Armando Branchini , Milan-based vice chairman of Italian luxury brand association Fondazione Altagamma. Such stores tend to be in malls located far from central shopping districts, reducing the potential for harm to brands reputations, he said.
The Best-Selling Luxury Handbag Designers In Each Major City | StyleBlazer
(In fact, earlier this year, Buccellati released the most expensive bejeweled iPad and iPhone covers ever offered, which list for $485,000 and $208,000, respectively). You have been frustrated with the conduct of the familys business, and you feel unfulfilled in your role there, so you sell your interest and start a new handbag company in Florida called Laura Buccellati LLC. You are not concerned with name brand confusion because there are many similarities in the fashion industry Calvin Klein and Anne Klein and Lloyd Klein, Mark Jacobs and Adam Jacobs, Diane Von Furstenberg and Egon Von Furstenberg. People really seem to like your handbags and you start to make money. Then the Buccellati company sues you for infringing on their brand. They claim in U.S. District Court in Southern Florida that you deliberately are trying to associate your handbags with the Buccellati brand which is intended to confuse consumers.
Spoonful of Sugar | Vernon Hills Review
The Shanghai-based Frenchman quit as Coach's president for Greater China in 2009 to start the website, which sells off-season products from Fendi, Tod's, Dolce & Gabbana, and other luxe brands to its 4 million Chinese members. Hidden Events "In the past few months, we've signed deals for the first time with brands that didn't work with us for the previous four years," said Villet, who also introduced "hidden events" this year, restricted to VIP customers and catering korden bank equipment to brands that didn't want public sales to tarnish their image. Some recent rounds of discounting have been low-profile, with word of private sales conveyed to regular customers through personal mail, text messages to their mobile phones, or popular online messaging apps such as Tencent Holdings' WeChat. Cartier, the maker of $50,000 watches, sent a WeChat message in June telling some of its customers about a "high jewelry exhibition" with "all pieces at Hong Kong prices" in North China. Customers could follow up with a salesperson for details. Luxury Outlets A spokeswoman for Hermes said April's Hangzhou sales were held outside its own stores, similar to what it does in Paris, and the brand has organized such sales in past years in Beijing and Shanghai. A Richemont spokesman said the company doesn't comment on specific markets, while Ferragamo and Zegna staff were on summer holiday and couldn't respond to questions about the sales.
With the dirth of brands fighting for a stake in the space, and the demand for goods overpowering the supply , its interesting to see which luxury handbag brands are keeping up despite the madness. In a report done by Fashionista in conjunction with online consignment start-up TheRealReal , they identified the top selling handbag designers broken down by city. Their findings do a great job of identifying what brands are trending around the country, and while most of the report is pretty predictable there were a few surprises. Click on the next pages to see which brands reign in cities like New York, San Francisco, Miami and more! 1