FRANCE FASHION

2010-03-07T18:18:56Z

A model wears a creation by French fashion house Celine as part of its Fall-Winter 2010-2011 ready-to-wear collection presented in Paris, Sunday March 7, 2010. (AP Photo/Remy de la Mauviniere)

...

APTOPIX ITALY FASHION

2010-02-26T12:32:58Z

A model wears a creation by Dsquared2 fashion house, during the women's 2010 Fall-Winter fashion week, in Milan on Friday, Feb. 26, 2010. (AP Photo/Giuseppe Aresu)

...

Z SPOKE By Zac Posen Launch Party

2010-02-24T21:32:04Z

NEW YORK - FEBRUARY 24: Model Tiiu Kuik attends the Z SPOKE by Zac Posen launch party at Saks Fifth Avenue on February 24, 2010 in New York City. (Photo by Andrew H. Walker/Getty Images)

Copyri...

Earns Saks

2010-02-24T06:01:04Z

A sign for Saks Fifth Avenue is shown at the department store, Tuesday, Feb. 23, 2010, in New York. Luxury retailer Saks Inc. said Wednesday, Feb. 24, its loss narrowed the fourth quarter compared with last year, when results were weighed down by a pension charge related to layoffs.(AP Photo/Mark Lennihan)

...

FRANCE MCQUEEN

2010-02-18T07:30:48Z

PPR CEO Francois-Henri Pinault presents the group's 2009 full year results in Paris, Thursday Feb. 18, 2010. Alexander McQueen's namesake label will continue despite the death of the designer, the parent company PPR SA said Thursday. Retail-to-luxury group PPR SA reporte...

Bergdorf Goodman Hosts The Launch Of Victoria Beckham Denim

2010-02-16T19:01:58Z

NEW YORK - FEBRUARY 16: Victoria Beckham, wearing "Victoria Beckham Denim" hosts the Bergdorf Goodman launch of her new collection "Victoria Beckham Denim" at Bergdorf Goodman on February 16, 2010 in New York, New York. (Photo by Andrew H. Walker/

jimmy choo launch 2

2010-02-12T18:02:50Z

Shoe display at the launch of CHOO 24:7 at Saks Fifth Avenue New York City, USA - 11.02.10

...

jimmy choo launch

2010-02-12T18:02:46Z

Meredith Ostrom at the launch of CHOO 24:7 at Saks Fifth Avenue New York City, USA - 11.02.10

...

Neiman Marcus key sales figure rises in January

2010-02-22T11:50:21Z

<div id="subtitle">Neiman Marcus Jan. key sales figure climbs as luxury shoppers buy handbags, jewelry</div><div><p>Neiman Marcus Inc. said Thursday that that sales at its namesake stores and Bergdorf Goodman locations open at least a year climbed 4.5 percent last month as shoppers...

Luxury Car Rentals: A New Way of Life

2010-02-22T21:54:12Z

In a fast paced developing world, we can find luxury everywhere. From bed rooms to cocktail parties, money is shelled out for a luxurious outlook and feel. Luxury is the exhibition of one?s status, money, power and helps one to gain respect in the society. In the trading class of the society, luxury is often rolled out to fetch more business opportunities.<br><br>Opulence has become a part of car rental services too. Those services are called luxury car rentals. Me...

What Luxury Cars Are Available For Rent in Canada?

2010-02-23T09:07:21Z

Luxury cars are not only available to celebrities and the very wealthy, but they are now available to people who cannot afford to buy one. Canada has a number of car rental companies that rent luxury cars. These companies cater to clients who love exotic cars. Many people now have the opportunity to drive a luxury car without having to buy the costly car. They are available for rent for a day, weekend, or even a week. They make for a great gift vouc...

What Luxury Cars Are Available For Rent in Australia?

2010-02-23T10:50:08Z

When driving in Australia, one can match the stunning beauty of the land by driving a stunning luxury car. Most people have dreamed of owning a luxury car, but unfortunately, most of us cannot afford such a fancy and stylish car. The good news is that many people now have the opportunity to drive a luxury car without having to actually make an expensive purchase. Australia has a number of car rental companies that rent the most beautiful luxur...

Luxury Cars Still Offer a Good Value

2010-02-23T17:17:27Z

Sales of luxury car sales have suffered more than those of mid range and economy cars during this recession. No surprise there. People are spending less on everything, and luxury items are usually the first to get cut from the budget. Conspicuous consumption is out of style in these lean times. All businesses, including auto makers are looking at their product lines? profitability out of necessity. They?re axing less profitable brands, like Pontiac and Saturn just to stay alive. Why aren?t th...

Neiman Marcus profit falls; sees lasting slowdown

2010-02-23T18:39:07Z

<div><p>NEW YORK (Reuters) - Upscale retailer Neiman Marcus Inc &lt;NMRCUS.UL&gt; reported sharply lower quarterly profit as worried consumers continued to avoid luxury items amid a slowdown the company expects will last for some time.</p><p>Sales at its namesake Neiman Marcus<...

Car Van Hire ? Make Your Trip Memorable With a Luxury Car or Van For Hire

2010-02-23T20:10:23Z

Most of us use a car or van for hire when we travel to another state or to another country. Renting a car enables us to enjoy our well-planned vacation with our family or friends. It also allows us to relax and not think about maintaining our own car or about buying fuel for the next few days. Since this is the usual practice, why not step it up a little bit by hiring a luxury car or van? By doing this, we will be able to know how it feels to be rich and famous, even for just a few days.&...

S&P upgrades Saks outlook to stable from negative

2010-02-23T22:47:22Z

<div id="subtitle">Standard &amp; Poor's upgrades outlook on Saks to stable from negative, affirms other ratings</div><div><p>Standard &amp; Poor's Ratings Services upgraded its outlook on high-end department store retailer Saks Inc. to stable from negative Monday, based on the retailer's improved cash position.</p><p>S&amp;P said the compa...

Luxury goods will return to growth in 2010

2010-02-24T01:12:45Z

<div><p>MILAN (Reuters) - Luxury goods sales will return to growth next year with profitability increasing more than revenues thanks to strong cost containment policies in 2009, according to a Bank of America Merrill Lynch report.&...

Luxury brands hunt for untapped markets

2010-02-24T11:37:44Z

<div><p>With spending on luxury goods down across the developed world in the economic crisis, luxury brands are increasingly looking far beyond the chic avenues of New York, London or Paris for revenue.</p><p>The new names on the lips of luxury professionals are far less ...

Cristiano Ronaldo to model Armani underwear in ads

2010-02-24T20:52:55Z

<div id="subtitle">Cristiano Ronaldo to model Armani underwear, jeans in ads next spring</div><div><p>Italian fashion designer Armani says soccer player Cristiano Ronaldo will model underwear and jeans in a new worldwide advertising campaign.</p><p>Milan-based Giorgio Armani SpA sa...

Luxury brands must brush up service to succeed, expert says

2010-02-25T00:17:34Z

<div><p>SINGAPORE (Reuters Life!) - Creating a craving for that designer handbag or that trendy watch isn't enough to get customers to whip out their credit cards, but treating them well certainly can, an expert on luxury brands says.</p><p>Michel Phan of the Paris-based ESSEC Business School, which runs the world's only luxury brand ...

News on Luxury Goods Sector