German premium brand ESCADA inaugurated last week its mono-brand store in the Romanian ...
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Prada opened last week two stand alone stores, marking the official entry on the Moroccan ...
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French luxury group PPR, parent company of Gucci, Bottega Veneta, Boucheron has teamed up ...
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French luxury maison Chanel announced the opening of its 6th store in Australia, in the ...
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Italian luxury group TOD'S which includes the Tod's, Hogan, Fay and Roger Vivier brands, ...
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The biggest rally in three years for luxury-goods makers in Europe is fizzling on concern ...
read moreUKRAINE luxury market less affected than the RUSSIAN market
26 February 2009
CPP’s recent market surveys among the most important players of the Ukraine luxury market reveals a fall in sales of up to 25%, the most affected segments being jewelry/watches and auto. Kiev’s Mandarina and Sanahunt luxury department stores remain defiant, with strong traffic and a clever strategy in discounting. However, other high street monobrand franchises are more ... read more
Budapest more affected by worldwide crisis than its rival Prague
23 February 2009
CPP’s recent market surveys have revealed a 15 to 20% fall in sales in the Hungarian capital. The most affected market segments are hospitality, restaurants, interior decorations (furniture), travel and fashion (multibrands). According to our expertize, this does not come as a suprise, as Budapest luxury brands reply for over 50% of their sales on foreign tourists visiting the ... read more
Record freezing temperatures to take a hard hit on luxury fashion sales (Central and Eastern Europe)
00 0000Unusual record freezing temperatures in most of Central and Eastern European capital cities this January are likely to have a direct negative impact on luxury fashion sales as most retailers are preparing to sell the Spring collections. The alarming forecast seems to extend well into February therefore resulting in an overall 8 to 10 % decrease in sales for the majority of fashion brands already hard hit ... read more

