The Great Debate

from Breakingviews:

Luxury groups could shrink their way to riches

December 30, 2015

Less is more. But apparently luxury companies don’t feel that applies to their swollen store networks. Labels like Prada and LVMH have spent a decade expanding rapidly to meet emerging market demand. Slowing sales and overexposure suggest it’s time to go the other way. While cutting back will be painful, it could spur higher luxury valuations.

from Breakingviews:

Clock ticks for Swatch in Apple Watch challenge

March 17, 2015

By Carol Ryan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Italy: land of the rich Russian

August 20, 2010



The following article by Silvia Marchetti first appeared in GlobalPost.

ROME, Italy — Ischia and Capri, two tiny islands in the Gulf of Naples, are fighting over big money. That is, Russian money.

from UK News:

The death knell for bling?

October 29, 2008

In these hard times, those whose job it is to part us from our money in the shops are beginning to describe the retailing experience as a family activity, a way of relaxing -- absolutely nothing to do with conspicuous consumption, you understand.