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Study: Affluents spend on men's jewelry doubles
...t, men's jewelry now accounts for 20 percent of luxury consumers' jewelry expenditures, up from 10 percent in 2007. Sales of luxury watches also were strong in 2009, with all categories of timepieces, including men's and women's and casual and dress, showing sales growth. While the report shows luxury spending by affluents faltered in 2009 overall, those who did buy personal luxuries spent almost ... |
Elle can't counter London gloom as US employees flee
...aid Wesbecher, 29, who worked for Tibco Software Inc and lived in Notting Hill, the London neighborhood that's home to billionaire Richard Branson and model Elle Macpherson. "We are all packing up."Many US expats in the UK are leaving areas such as Notting Hill, home of supermodel Elle Macpherson.[Agencies]Many US expats in the UK are leaving areas such as Notting Hill, home of supermodel Elle Mac... |
China's economy slows to 6.1 percent in Q1
...ation, Li Xiaochao, spokesman for the National Bureau of Statistics (NBS) told a press conference in Beijing.the reading may look low, especially for the Chinese who has got used to double-digit growth, but is much better than expected, analysts believed. "We were expecting a five-percent growth," Galaxy Securities chief economist Zuo Xiaolei told chinadaily.com.cn.the economy has taken on several... |
Holiday budgets stick with consumers
...ten (90 percent) plan to make gift-giving a priority this holiday season. But while 77 percent reported plans to treat themselves and others, the number of consumers budgeting more than $799 for gifts (23 percent) will fall 13 percent. Budgets of up to $499 for gifts this year will increase by 11 percent, compared with 2008 numbers. Only 18 percent will shop without a list.Shoppers will seek to fi... |
What can stop colds, coronaries & diabetes? Yippee ...SEX
... them in much better physical form than those who don’t. Sex can help fight flab, ward off colds and make you live longer. Jennifer Bass, of sex research centre the Kinsey Institute, says: here is definitely a correlation between health and sex. If you are healthier, you are going to have more sex. Making love provides a cardiovascular workout and floods the body with feel-good chemicals.� H... |
Salon International de la Lingerie 2009 expo from January 18
... a new and resolutely fashion-forward visual identity. the product range has also been given a makeover, with a newly clarified offering, grouped into 5 sectors:• Be Essentials: lingerie, corsetry and hosiery(Chantelle, Aubade, Lou, Wacoal France, Marlies Dekkers, Simone Pérèle, Implicite, Rosy…) New brands: Authentica (ITALY), Agathe et ses Princes (BELGIUM), Lisca (SLOVENIA), Disismi (GERMANY), ... |
Black Friday,shoppers,tweet,friend,clip
...ook sweepstakes to win a $500 gift card and the chance to shop its Black Friday deals before Thanksgiving.Marian Salzman, president of Euro RSCG Worldwide PR, said social media is becoming an integral part of the shopping experience for consumers who want advice from others before making a potential purchase and spending limited cash. Once deals are posting on Facebook or Twitter, consumers often ... |
Survey: Holiday shopping to go later into year
...t) will still be shopping for gifts the week leading into Christmas, and 4 percent expect to shop on Christmas Eve. However, according to the survey, these consumers aren't necessarily procrastinating: Some are time-strapped (18 percent), while many are practicing savvy shopping tactics, specifically:31 percent are holding out for the best deals.Almost one in five consumers (19 percent) is still s... |
Something new? Try borrowing as fashion rentals surge
...the downturn has done wonders for business," said Simonne Santana, founder of Love Me and Leave Me (www.lovemeandleaveme.com), the first and one of the biggest fashion-borrowing websites in Australia."We've experienced record membership intakes and rental intakes. It's obviously a trend that people have warmed to," she said, adding the site now has 5,000 members who can also buy used, or new, desi... |
Consumers to hunt for holiday bargains, NRF says
... of holiday shoppers will buy gifts or other holiday-related merchandise at thrift stores or resale shops.In order to compensate for soft sales, retailers are cutting back on inventory, a trend with which retail jewelers can identify. According to the NRF's Port Tracker report, released in September and available here, traffic to the nation's ports has scaled back to levels not seen since 20... |
US economy fuels gold rush
...their jewelry, which included gifts from ex-husbands and boyfriends who no longer inspired fond memories, 1960s cocktail rings that a man gave to his wife before they divorced, and a souvenir from a high school trip to Russia. "Somebody at a party last week had a pre-engagement ring from her boyfriend before her husband, and her 14-year-old daughter wanted the ring, and she said, `If your father e... |
Sunny side up - Matthew Williamson ft H&M
...York's Fifth Avenue the day before she was going to interview the British designer.Williamson, whose celebrity clients include Madonna, Sienna Miller, Keira Knightley, Gwyneth Paltrow and Kylie Minogue, is the latest fashion talent to join forces with the Swedish high street fashion brand H&M.Although Williamson is not as well known in China as H&M's previous collaborators, such as Karl La... |
P&G Flirts With Luxury-Makeup Market
...ese brand has been developing for two years with Procter & Gamble Co.the fashion house that parlayed provocative clothes and advertising into a $2 billion-plus luxury business now wants to seduce American women with makeup. Designers Domenico Dolce and Stefano Gabbana next month will launch a line of luxury cosmetics at Saks Fifth Avenue. It includes $59 foundation, $30 lipstick and $44 rouge ... |
Hope Diamond to get new setting
... of three new setting designs for the legendary Hope Diamond.the re-setting of the 45.52-carat deep-blue diamond is one in a series of events planned in honor of the 50th anniversary of the donation of the Hope Diamond.To mark the occasion, Harry Winston Inc., the famed jewelry company whose owner and namesake donated the diamond to the Smithsonian, has designed three contemporary settings.Beginni... |
Brooks For Her apparel collection inspires both good run & great cause
...the collection to raise money for charities that focus on breast cancer research, awareness, and support.for each Brooks for Her piece purchased from March through December 2009, Brooks will earmark 6.25% of the suggested retail price for donation to three pre-selected charities: Making Memories Breast Cancer Foundation, Fred Hutchinson Cancer Research Center, and the Young Survival Coalition. Con... |
Pitch to diamond consumer may get rewrite
...re is to position diamonds as gifts of love and items of enduring value."Unlike many things you buy that will become disposable--even a Mercedes eventually becomes worthless--a diamond lasts forever," Lussier says. "It's about finding new ways to get that across, rather than how glamorous it is or how impressed everyone will be."Incidentally, Lussier says De Beers would be "supportive" of promotin... |
Wal-Mart gives prime placement to fine jewelry
...re hard to ignore, especially for an analyst who specializes in the jewelry industry.Once hidden in the rear of the store, the jewelry counter now occupies greater square footage at the front, with sales associates who seemed relatively well-trained behind a counter that occupies prime real estate. It is not an anomaly.the same setup exists at the Wal-Mart in Kearny, N.J., where the first display ... |
Italy designers offer color as crisis antidote
...une 21, 2009.MILAN – the look for next summer may be colorfully upbeat, but where styles are concerned, Italian designers showing their 2010 menswear warm weather wears are playing it safe.Given the current economic crisis, designers are not experimenting with avant-garde clothing, but sticking to easy to understand, familiar styles from the classic suit to sporty shorts. the bright summer palette... |
US stores invest in 'greener' production
...stores, companies are looking for ways to lower their carbon footprints, conserve energy, identify ethical sourcing partners and educate consumers about the benefits of saving the planet, and consumers themselves are becoming more interested in the topic as well. According to a survey by WSL Strategic Retail, 55 percent of consumers buy organic products, up from 49 percent a year ago.Above and bel... |
Jones Apparel Group, Inc. Completes $600 Million Amended and Restated Bank Credit Facility
...es will grant certainsecurity for borrowings under the facility. In addition, Jones will paycustomary execution fees. the credit facilities are primarily used as backing for the issuance oftrade letters of credit and other supply chain purposes, but also may beused for working capital and general corporate purposes. Currently, no cashborrowings are outstanding under the existing ... |
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