Louis Vuitton and Hermès lead Interbrand ranking

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Among luxury players, Louis Vuitton held its top position, while Hermès and Gucci climbed, Burberry and Prada slipped, and Ralph Lauren dropped off the list entirely. While Apple, Google, and Microsoft are the three most valuable brands, Louis Vuitton held … Read More

Canada Goose to open new store in London, Tokyo, Chicago and Toronto

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Canada Goose is opening new stores in Toronto and New York and announcing further openings in London and Chicago for the autumn. Canada Goose has announced several new stores in North America for the end of 2017: one in Calgary, Canada, … Read More

Study: Millennial Women Are Shunning Fakes for the Real Thing

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Despite living in a world dominated by fast-fashion retailers, which make runway lookalikes wildly affordable and almost instantly available, fewer and fewer millennial women are looking for fakes when it comes to luxury goods. This sentiment is apparent in the … Read More

Luxury Brands: Innovation Is No Luxury, But A Necessity

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In the 2017 State of the Luxury Industry Study, sponsored jointly by Luxury Daily  and Unity Marketing, the over 600 industry insiders surveyed identified the need for innovation a critical business priority for 2017. Because of the rapidly changing consumer … Read More

Gucci Isn’t the Only Brand Fuelling Growth at Kering

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The luxury conglomerate’s growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent. PARIS, France — French luxury group Kering delivered a forecast-beating rise in first-half operating profit on … Read More

LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds

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Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday. PARIS, France — LVMH, the world’s biggest luxury-goods maker, reported first-half profit in line with analyst estimates as earnings … Read More

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