Word: montblanc
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...stampeded in. This time, many foreign companies seem set to make a tidy profit, not least because the hotel business is one industry in which Chinese firms are not yet equipped to undercut overseas rivals while also providing the requisite quality of service. "You can knock off Prada or Montblanc," says Ralph Grippo, China manager for the Ritz-Carlton hotels. "But there's no way you can knock off luxury service. It's about human beings and experience. That's not something you can duplicate." Ford agrees. "There's no Chinese company right now that...
...investors who stampeded in. But this time many foreign companies seem set to make a tidy profit, not least because this is one industry in which the Chinese are ill-equipped to undercut overseas rivals while also providing the requisite quality of service. "You can knock off Prada or Montblanc," says Ralph Grippo, China manager for Ritz-Carlton hotels. "But there's no way you can knock off luxury service. It's about human beings and experience. That's not something you can duplicate." Ford agrees: "There's no Chinese company right now that can go toe to toe with...
FRANKFURT Located on Goethestrasse, the Montblanc store is in the heart of the shopping district. The Meisterstuck, left, Montblanc's classic pen, continues to be the store's best-selling item
...France's Total has deals to exploit huge oil fields in Iraq, negotiated under Saddam Hussein but never implemented. Don't expect the U.S. to honor them. RICHEMONT: An end to the war won't end the troubles for this Swiss luxury-goods group, whose brands include Cartier and Montblanc. Even before the Asian flu outbreak - which hits luxury goods by cutting business travel - the company warned profits would be down about 40% because of hard times. Analysts say Richemont hasn't yet instilled the financial discipline needed to weather the downturn. EUROPEAN AIRLINES: Except for some low-cost carriers...
...cries of frustration from men tired of cramming their pants pockets with gear--keys, Palm pilots, cell phones, iPods--have been heard by the world of fashion. "Manbags," handbags for men by designers like Montblanc, Louis Vuitton, Fendi and Marc Jacobs, are being embraced by some men as not only fashionable but practical. "Stuffing pockets ruins the lines of your pants and jackets," says celebrity stylist and TV host Robert Verdi, who uses manbags. In the recent past, manbags have met with ridicule: Jerry was teased in an episode of Seinfeld for carrying one. The latest resurgence is being greeted...