- 22 Sep 2010

Profit-making Bathrooms, Vintage Projections and Tom Ford’s Rant on Modernity

The sound bites and statistics that are causing a stir in luxury circles

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“ I don’t get the need for this immediacy. In fact, I think it’s bad. ”

Tom Ford, fashion designer
(On the internet’s impact on fashion and why he’s refusing to showcase any of his comeback womenswear collection online or elsewhere until December)
Vogue.co.uk

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$500,000

How much one exhibitor spent on creating his stand at the 25th Biennale des Antiquaires in Paris to lure in buyers of rare antiques

Financial Times

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“ It’s such a huge country that I see no limit for luxury brands… for my lifetime, no limit. ”

Jean-Claude Biver, CEO of Hublot
(On the almost limitless growth potential of China’s luxury market. If he could live that long, “eventually I could see a limit in 60 years,” he ventured a guess)
Jing Daily

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274.1%

How much Prada’s H1 profits grew on last year, amounting to €103 million

AFP

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“ The Regent realized that the bathrooms, not the bedrooms, were where guests spent the majority of their time. So they expanded its size to almost one-third the size of the room. ”

Steven Pan, chairman of Formosa International Hotels Corp., which bought the Regent luxury hotel chain this year
(Giving an example of how that hotel’s understanding of fundamental but often overlooked customer needs is “going to make the next breakthrough in the hotel industry”)
Wall Street Journal

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$200 million

The record amount that international vintage wine sales at the three main auction houses (Sotheby’s, Christie’s and specialists Acker Merrall & Condit) are projected to reach this year

Bloomberg

The Top 50 Most-Searched for Luxury Brands in China

Digital Luxury Group and Luxury Society join forces to reveal the ranking of the top 50 most-searched for luxury brands on search engines in China
How to Reach the Digital Affluent Male

There are 19 million affluent men on the Internet according to iProspect, and they are researching, shopping and spending more than ever before
Affluent U.S. Consumers Favour Luxury Brands with Apps

The Luxury Institute and Plastic Mobile explain why wealthy U.S. consumers favor and feel more connected to luxury brands offering an app

How To Customise Social Media Strategy for Europe

Elizabeth Canon of Fashion’s Collective explains why it is crucial for luxury brands to customise social media strategy for the European market and how best to do so
The Top 50 Most-Searched for Luxury Brands in China

Digital Luxury Group and Luxury Society join forces to reveal the ranking of the top 50 most-searched for luxury brands on search engines in China