An Instagram post from @LVMHprizeteam
Today in luxury marketing:
Luxury giants flex their muscle to lock down prime window space
French luxury group LVMH is trying to push out smaller rivals from plush Place Vendôme in Paris after buying one of its highest-profile buildings, illustrating the intensifying battle for Europe’s prime retail locations, according to Reuters.
Click here to read the entire story on Reuters
Bentley teases ultra-luxury SUV
Bentley Motors is fresh off of its best sales year in history, with profit up 66.9 percent and global deliveries totaling a record 10,120 vehicles, Automobile Magazine reports.
Click here to read the entire story on Automobile Magazine
Samsonite confident worst of China’s luxury crackdown is past
The worst of China’s luxury crackdown has passed, according to Samsonite, the premium luggage maker that warned last year that Beijing’s austerity drive was hurting its high-end sales in the country, reports The Financial Times.
Click here to read the entire story on The Financial Times
Porsche Design sales gain 10 percent
The Porsche Design Group continued to chalk up double-digit growth in 2013, with sales gaining 10 percent to reach, or $166 million, per WWD.
Click here to read the entire story on WWD