From: Retail & Luxury Goods Club
Date: April 15, 2011
Subject: Retail & Luxury Goods Club Newsletter



Dear Retail & Luxury Good Club members,

Welcome back from Spring Break! More news, job postings and events to kick off the term:

1. News

Top News

LVMH to take over Bulgari in 3.7bn euros deal

http://www.bbc.co.uk/news/business-12663725

LVMH signals continued pursuit of Hermès

http://www.ft.com/cms/s/0/c8bf7b7e-5bb8-11e0-b8e7-00144feab49a.html#axzz1JVqrRbcM

Luxury Sector

LVMH CEO: Japan Remains Essential To Business

http://online.wsj.com/article/BT-CO-20110331-703830.html

Bulgari Takeover 82% Costlier Than Hermes for LVMH: Real M&A

http://www.businessweek.com/news/2011-03-07/bulgari-takeover-82-costlier-than-hermes-for-lvmh-real-m-a.html

Hermes to exit Gaultier

http://www.thisislondon.co.uk/standard-business/article-23937662-hermes-to-exit-gaultier.do

Ferragamo Is Said to Be Third Italian Luxury Company to Seek IPO This Year

http://www.bloomberg.com/news/2011-04-13/ferragamo-may-file-for-initial-public-offering-in-milan-as-soon-as-today.html

Jaguar Land Rover sales roar to record

http://www.telegraph.co.uk/finance/newsbysector/industry/8433151/Jaguar-Land-Rover-sales-roar-to-record.html

Retail Sector

Sir Philip Green ponders UK factory plan

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8448768/Sir-Philip-Green-ponders-UK-factory-plan.html

M&S looks to shrug off commodities increases

http://www.ft.com/cms/s/0/79ed1d5a-607f-11e0-9fcb-00144feab49a.html#axzz1JVqrRbcM

Supermarkets rush to strive for shrinking pie

http://www.ft.com/cms/s/0/69e340ec-6525-11e0-b150-00144feab49a.html#axzz1JVqrRbcM

Tesco loses dispute with Asda over supermarket price war adverts

http://www.dailymail.co.uk/news/article-1376354/Tesco-loses-dispute-supermarket-price-war-adverts.html

Tesco May Extend Sale-and-Leaseback Program to Include Assets Outside U.K.

http://www.bloomberg.com/news/2011-04-13/tesco-may-extend-sale-and-leaseback-program-to-overseas-assets.html

Dixons to close Spanish stores

http://www.ft.com/cms/s/0/b36ecdf8-667e-11e0-ac4d-00144feab49a.html#axzz1JVqrRbcM

Emerging markets

LVMH Fund to Target Indian Lifestyle Arena

http://online.wsj.com/article/SB10001424052748704559904576230792444189366.html

Burberry lays on 'mother of all parties' to launch flagship Beijing store 

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8448841/Burberry-lays-on-mother-of-all-parties-to-launch-flagship-Beijing-store.html

2. Jobs

A Touch of Posh – Finance and Marketing internships. Details on Career Central.

Shopvolution - Marketing Manager Intern. Details on Career Central.

Amazon – Internship opportunities in several European countries. Details on Career Central.

3. Events

"The Business and Benefits of Luxury Market Expansion"

As the leading developer, owner and manager of designer outlet villages across Europe, for the past 16 years McArthurGlen have spearheaded the development of the luxury designer outlet market to operate 500,000 sq m of retail space across 19 centres in nine countries - with their 20th to be opened this spring. In doing so, they have expanded the reach and penetration of their 750+ luxury and high street tenants (including  Ferragamo, Burberry, La Coste, Armani and Guess, amongst many others) and created a class of attractive, steady-yielding investment assets.

We are extremely pleased to host their CEO, Julia Calabrese, who will discuss the McArthurGlen journey, including:

- McArthurGlen's role in pioneering the European luxury market
-the benefits of a designer outlet retail channel for brands and to investors
-how the group are changing the perception of designer outlet retailing
-McArthurGlen's new development process and considerations, including market catchment, planning and cultural considerations, and
-the strength of the McArthurGlen brand

7pm, 27 April 2011
London Business School
The Sainsbury Building
Lecture Theatre 6

Reception to follow.

EVENT

The business and benefits of luxury market expansion

Wednesday, April 27, 2011
7:00pm - 11:00pm
London Business School, The Sainsbury Building, Lecture Theatre 5, 26 Sussex Place, Marylebone, London, NW1 4SA, United Kingdom
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The London Business School Retail and Luxury Goods Club is pleased to present "The Business and Benefits of Luxury Market Expansion". As the leading developer, owner and manager of designer outlet villages across Europe, for the past 16 years McArthurGlen have spearheaded the development of the luxury designer outlet market to operate 500,000 sq m of retail space across 19 centres in nine countries - with their 20th to be opened this spring. In doing so, they have expanded the reach and penetration of their 750+ luxury and high street tenants (including Ferragamo, Burberry, La Coste, Armani and Guess, amongst many others) and created a class of attractive, steady-yielding investment assets. We are extremely pleased to host their CEO, Julia Calabrese, who will discuss the McArthurGlen journey, including McArthurGlen's role in pioneering the European luxury outlet market; the benefits of a designer outlet retail channel for brands and to investors; how the group are changing the perception of designer outlet retailing; McArthurGlen's new development process and considerations, including market catchment, planning and cultural considerations, and the strength of the McArthurGlen brand. Reception to follow.

REGISTER