From: Retail, Luxury & Consumer Club
Date: June 6, 2010
Subject: Newsletter
The end of the term is there, soon summer time (well, if only we could find the sun!!).
Our usual format, you’ll find upcoming exciting events on which we are working, industry news (and a lot is going on!!) together with jobs posting.
Sincerely yours,
R&LG Committee
****
I. UPCOMING EVENTS
With Jaeger LeCoultre on Campus, Britt Lintner, Sir David Tang, Joseph Wan, Mark Bedingham we hope we kept you interested during the last semester. Get ready! From September till December, we will keep you busy. With upcoming confirmed events featuring LVMH, Vertu and Chivas, you won’t be disappointed!
II. READ ON THE WEB, INDUSTRY NEWS
A.COMPANY NEWS
BURBERRY
Burberry shares rise on expansion, FY profit news
http://online.wsj.com/article/BT-CO-20100526-704124.html?mod=WSJ_latestheadlines
Burberry steps up footprint in new markets
http://www.ft.com/cms/s/06643474-688f-11df-96f1-00144feab49a,Authorised=false.html?_i_location=http://www.ft.com/cms/s/0/06643474-688f-11df-96f1-00144feab49a.html&_i_referer=
COACH
Coach sues city of Chicago over counterfeit bags
http://www.reuters.com/article/idUSTRE64K63220100521?type=domesticNews
HERMES
Replacement for Jean-Paul Gaultier at Hermès
http://online.wsj.com/article/SB10001424052748704717004575268664130992520.html?mod=WSJ_latestheadlines
Getting to know Christophe Lemaire, new artistic director of Hermès
http://feedproxy.google.com/~r/BusinessOfFashion/~3/0QHb0xQEfXA/bof-exclusive-getting-to-know-christophe-lemaire-the-new-artistic-director-of-hermes.html?utm_source=feedburner&utm_medium=email
INDITEX
Inditex takes its first Indian steps
http://www.ft.com/cms/s/0/37c00a86-69f0-11df-a978-00144feab49a.html
LOUIS VUITTON
The hand-crafted Louis Vuitton bags made on sewing machines
http://www.independent.co.uk/life-style/fashion/news/the-handcrafted-louis-vuitton-bags-made-on-sewing-machines-1982968.html
UK bans two Louis Vuitton ads
http://online.wsj.com/article/SB10001424052748704032704575268510026087130.html?mod=fox_australian
Welcome to the House of Vuitton: new maison opened in London
http://www.guardian.co.uk/lifeandstyle/2010/may/25/welcome-house-louis-vuitton
Lunch with the FT: Marc Jacobs
http://www.ft.com/cms/s/2/e0ffeffe-645e-11df-8cba-00144feab49a.html
Louis Vuitton: where the boom never ends
http://www.independent.co.uk/life-style/fashion/features/louis-vuitton-where-the-boom-never-ends-1987374.html
MISTUBISHI
Mistubishi heavy to revive luxury ship business
http://www.bloomberg.com/apps/news?pid=20601101&sid=aMop_qHi5fEM
PRADA
Designer Prada reveals strong Q1 retail sales
http://www.reuters.com/article/idUSLDE64N0O920100524
Prada following market trend to fill IPO
http://www.bloomberg.com/apps/news?pid=20601092&sid=agdEph9Sn.c4
RICHEMONT
Richemont looks for life beyond Cartier
http://online.wsj.com/article/SB10001424052748704269204575270341947528142.html?mod=googlenews_wsj
Europe worries dim Cartier maker Richemont outlook
http://www.reuters.com/article/idUSLDE64P0IO20100527
Richemont downbeat over sector prospects
http://www.ft.com/cms/s/0/de821a72-69ef-11df-a978-00144feab49a.html
Richemont completes buy up of Net à Porter
http://www.google.com/hostednews/afp/article/ALeqM5gdZNyTveFBJlQMM5YFnArwxtdml
SAKS
Saks digs heels into US Luxe market
http://www.reuters.com/article/idUSTRE6515LA20100602
TIFFANY
Big spenders are finally back as luxury jeweler Tiffany's unveils glittering profits
http://www.nydailynews.com/money/2010/05/28/2010-05-28_big_surge_in_demand_gives_tiffanys_glittering_profits.html
UNGARO
Giles Deacon: new creative director @ Ungaro
http://www.vogue.co.uk/news/daily/100525-giles-deacon-confirmed-at-emanuel-u.aspx
WATCHES, JEWELRY & PHONES
Vertu, Tag Heuer and Versace the mobile phones of millionaires
http://www.telegraph.co.uk/technology/news/7725367/Vertu-Tag-Heuer-and-Versace-the-mobile-phones-of-millionaires.html
M&A deals in watches seen less likely
http://www.reuters.com/article/idUSTRE6533H320100604
WINES & SPIRITS
New Hennessy cognac more friendly to cocktails
http://www.reuters.com/article/idUSN0122227020100601
Hennessy expects to gain market shares over next decade
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1060160/1/.html
LVMH sells French Champagne maker to oil Trader Titov
http://www.businessweek.com/news/2010-06-03/lvmh-sells-french-champagne-maker-to-oil-trader-titov-update1-.html
Moët & Chandon begins online rethink
http://www.marketingmagazine.co.uk/news/1007170/Moet---Chandon-begins-online-rethink/
YOOX
Internet retailer Yoox says Guidotti to return as CFO
http://www.businessweek.com/news/2010-05-26/internet-retailer-yoox-says-guidotti-to-return-as-cfo-correct-.html
B. ECONOMY
A WEAK €
Side effects of € depreciation: more Chinese shoppers, tourists, students?
http://www.jingdaily.com/en/luxury/side-effect-of-euro-depreciation-more-chinese-tourists-shoppers-students/?utm_source=Jing+Daily+List&utm_campaign=3f810f48ea-Newsletter_5_245_24_2010&utm_medium=email
Weak € benefits luxury brands
http://news.bbc.co.uk/1/hi/business/10164635.stm
Weak € helps European luxury through crisis
http://www.reuters.com/article/idUSTRE6524IK20100603
Luxury sector to see niche deals
http://www.reuters.com/article/idUSTRE6516PZ20100602
RECESSION: IN OR OUT?
Luxury market slowly emerges from global recession
http://www.google.com/hostednews/afp/article/ALeqM5jxsQrUXHKMZajr8aR0C0o1KuyLAg
Don't worry, keep spending
http://www.newsweek.com/2010/05/28/luxury-shopping-is-making-a-comeback-among-the-super-rich.html
Falling retail sales dampen recovery hopes
http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article7138012.ece
Luxury sector will outperform in 2010: funds
http://www.reuters.com/article/idUSTRE65012Y20100601
Unemployment casts shadow on luxury recovery
http://www.reuters.com/article/idUSTRE6503VN20100601
Online, luxury strong but apparel off
http://www.reuters.com/article/idUSN0218266520100603?type=marketsNews
Lowering prices can be costly
http://www.reuters.com/article/idUSTRE65320G20100604
REGIONS & TRENDS
The japanese love affair with Fast fashion
http://www.philstar.com/Article.aspx?articleId=578453&publicationSubCategoryId=83
Japanese luxury slide shows, China boosts help
http://www.reuters.com/article/idUSTRE6521QQ20100603
As Ginza changes so does luxury market in Japan
http://www.reuters.com/article/idUSTRE6521O020100603
Mideast luxury sales seen stagnant in 2010
http://uk.reuters.com/article/idUSTRE6502HM20100601
GLOBAL LUXURY SUMMIT
Top quotes from the global luxury summit
http://in.reuters.com/article/idUSTRE6506GN20100601
Reuters Summit - Global Luxury
http://www.reuters.com/summit/GlobalLuxury10
ONLINE TRENDS
The rise of the DIY fashion design blogs
http://www.blackbookmag.com/article/rise-of-the-fashion-bloggers/18923
Luxury brands warming to the web
http://www.reuters.com/article/idUSTRE6523ML20100603
III. JOBS
DSG international: looking for retail development managers
Aesop: looking for manager UK
TJX Europe hiring one summer intern
Home Retail Group: Strategic Development Group
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