Word: retailing
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Department store 44% Outlet store 36% Retail chain store 14% Internet 2% Catalog 2% Boutique 1% Other...
...want to do business in China, call Balbina Wong. The deputy chairman and CEO of luxury-brand management and distribution group ImagineX, as well as its retail-management sister company the Walton Brown Group, Wong, 64, has played a pivotal role in the expansion plans of brands like Ferragamo, Hugo Boss, Marc Jacobs, DKNY, Tumi and Coach into what is predicted to become the world's biggest luxury market...
...years foreign brands have been put off by this country's high import taxes (up to 50% for watches) and its shabby retail environment (there are no upscale shopping streets and few malls). But today India is experiencing a mall-building boom, perhaps a response to the sharp rise of newly affluent consumers?many under age 25. Analysts at Bain & Co. predict that the luxury market could grow 25% a year over the next three years?a far cry from the days when it was the exclusive preserve of Cartier-bedecked maharajas...
...Retail chain store 19% Boutique 5% Other 2% Internet 1% Department store...
...first time in its 114-year history, cultured-pearl powerhouse Mikimoto has teamed up with a designer on a retail collection. The famed collaborator? None other than Yohji Yamamoto, whose far-out designs are a radical departure for the classic jeweler. Called Stormy Weather, the collection includes three lines: Moon, Drops and Le Cri available in November...