Fashion designers draw their inspiration from many sources, so the fact that several young designers used the W hotels as their muse for their new collections may not be startling. But you may be surprised to learn that their collections were commissioned by W Hotels Worldwide, which decided to take its presence at Mercedes-Benz Fashion Week from the backstage to centerstage.
Fashion's Night Out began last year as the brainchid of Vogue editor Anna Wintour, who felt that stores could coax recession-wary shoppers to spend if they created unique events and excitement. There will be no shortage of that. Retailers and designers are pulling out the stops to woo fashionistas to their events and build buzz around their brands. But will the strategy work?
Counterfeiting is a multi-billion dollar business infiltrating the United States borders at an alarming rate. Watches, handbags, footwear and even medicines are among the top products making up more than $261 million worth of counterfeit products seized at US ports in 2009. And it's a growing problem.
Among the most interesting things I've heard here is a talk on whether Facebook and other social media sites are a good place to sell luxury. Maybe not. While it may be a good way to draw in younger consumers who trust their friends' opinions, there is a sense of "connection fatigue." The most provocative statement of the day: "Maybe offline is the new luxury destination."
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Traders away for the long weekend might have forgotten about these "terrific" companies, Cramer said. Take a second look.
CEO Charles Koppelman explains how product licensing is driving growth for this company.
During my recent trip to London, I hosted the CNBC European Business Leader Awards ceremony where a lady by the name of Angela Ahrendts was named Business Leader of the Future. What’s so interesting is that she is the CEO of Burberry.
It’s certainly at the top of the list, all thanks to a fabulous CEO.