360 DEGREES Weblog

Well-managed luxury brands are still bucking the economic downturn, and many are in very good shape…

Prada announces a sales jump of 66% — (Via Bloomberg)

Christian Louboutin – “the foremost shoe designer in the world” – prepares to open 6 new stores — (Via Time)

Dior jumps 11% in Q1 2008 — (Via Capital.fr)

Harry Winson jumps 22% — (Via Diamonds.net)

Champagne boom sends Krug prices soaring — (Via Telegraph, UK)

And the signs grow that Wall Street is turning into a luxury mall…

Luxury units dominate the building pipeline as the area’s occupants get older and wealthier. The median income for Lower Manhattan residents has increased 47 percent to $163,000 since 2004, and is now nearly three times greater than the median Manhattan household income. — (Via Portfolio<)

This entry was posted on Tuesday, April 22nd, 2008 at 7:41 pm and is filed under Brands, Strategy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.