In tough times, accessories, most notably handbags, aren’t just an easier way to look good, they’re delivering profits for the companies that make them.
Last month, British luxury fashion label Burberry reported accessories sales up 32% year-on-year, with plans to invest an estimated 10 million dollars over this year and next in developing and strengthening its accessories offer. Read more…
8 Hand Bags That Stand The Test Of Time
1- 
Burberry Lowry Bag - Read about it
2- 
Chanel 2.5 Quilted Bag - Read about it
3- 
Louis Vuitton Speedy Cube Bag - Read about it
4- 
Fendi Baguette - Read about it
5- 
Mulberry Roxanne Bag - Read about it
6- 
Giorgio Armani Clutch - Read about it
7- 
Prada Bag - Read about it
8- 
Ralph Lauren Ricky Bag - Read about it
According to Valentina Zannoni
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WatchMojo NewsletterEven when times are tough, women still buy lipstick.If you’re Clarins, maker of fancy French beauty products, that sentiment may be outdated.On Wednesday, June 26, Financiere FC–the family holding company which controls 64.9% of the cosmetics brand–suspended public trade of the stock at 43.72 euros ($68.90) midday. That’s a 14.47 euro ($22.79) drop from its year high of 58.19 euros ($91.65) on February 1, 2008.
Financiere FC will hold a press conference on Monday, June 30, to discuss the future of Clarins. According to French financial newspaper La Tribune, the family would like to buy out minority shareholders and remove Clarins from Euronext Paris, the second biggest stock exchange in Europe after the London Stock Exchange. Read more…
According to Lauren Sherman
LONDON - Luxury goods may be one luxury that eBay can no longer afford.
On Monday a French court ordered the Californian online auctioneer to pay 39.9 million euros ($62.9 million) to the luxury goods company LVMH for allowing the sale of counterfeit goods on its online auction site.
“We are very satisfied with this ruling,” an LVMH spokeswoman told Forbes.com. EBay said it would appeal the decision.
LVMH closed up 0.8%, or 53 euro cents (83 cents), to 66.58 euros ($104.77) in Paris on Monday, while eBay ticked down 0.3%, to $27.53 in New York midday trading. Read more…
According to Vidya Ram
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