The sound bites and statistics that are causing a stir in luxury circles
“ Our online male sales are three to four times bigger than Saks and five times bigger than Bloomingdale’s. ”
Kevin Ryan, CEO of the flash sale site Gilt Groupe
Women’s Wear Daily
30%
How much more the world’s 10 top-earning models collectively earned ($112 million) last year compared to the year before, thanks in part to consumers increased spending in the luxury sector.
“ I would like to do fashion, but there are some really great people out there who do it better… You can have ideas, but it’s not the same. ”
Zaha Hadid, architect
Women’s Wear Daily
“ H&M; is opening a concession in Selfridges… [but] H&M; is on every high street, in every city, all over the world – is that really the exclusive, designer reputation Selfridges has cultivated at its four “luxury shopping” locations? ”
Rosie Baker, Marketing Week’s retail specialist
Marketing Week
$38.4 million
The record-breaking price fetched at the recent Christie’s New York auction for a work by Andy Warhol (in total the 8 Warhols on offer were sold for $90.99 million while the record-breaker was his 1964 ‘Self-Portrait’)
