February 2010 Archives

Past news items published on luxury items and news

David Jones up 2.4% year-on-year

David Jones upgraded its earnings outlook as it reported 3.1% growth in second-quarter sales, on a same-store basis.

continue reading Posted on Mon, 8 Feb 2010 |

Swiss Watch Imports grow 10.8%

Imports of Swiss Made watches to Australia in December increased by +12.6% to bring the total annual imports figure A$161 million for the year, up +10.8% when compared with 2008.

continue reading Posted on Mon, 8 Feb 2010 |

Luxury makes you mean

A survey released in the latest edition of Harvard Business Review proposes that luxury seems intrinsically linked to self-interest.

continue reading Posted on Wed, 3 Feb 2010 |

Qantas scales back First Class

Qantas plans to remove two-thirds of its first-class airline seats, across its long-haul network, in one of the first real signs of a semi-permanent change in affluent consumer behaviour as a result of the global financial crisis.

continue reading Posted on Tue, 2 Feb 2010 |

Versace restructuring complete

Versace SpA confirmed it has reached agreement with the Italian unions to shed 26% of its workforce.

continue reading Posted on Tue, 2 Feb 2010 |