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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: luxury goods

luxury goods stories: 33 news summaries

21 - 33 of 33 Stories | << Prev 1 2

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 Docs Not Toasting 
 Ladies' Vodka 

Russian spirit targets rich women, prompts alcoholism fears
  

Mar 20, 08 4:56 PM CDT
(Newser) - A made-for-women vodka touted as the perfect salad accompaniment has sobered Russian doctors, who fear high-end spirits like "Ladies" will only worsen already-high rates of alcoholism, Reuters reports. Estimates peg 10 percent of Russia's 142 million citizens as alcoholics, and the chief of one rehab center says 60% of... More »

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Russia • women • alcoholism • drinking • luxury goods • vodka • Ladies' Vodka

 Retailers Expressing Gratitude 

Slow economy sparks personal greetings from retailers

Mar 19, 08 1:58 PM CDT
(Newser) - Today's slow economy has sparked more retailers to thank shoppers with bouquets and personal notes, Portfolio reports. Common for big spenders, such thank-yous are now mailed to regular shoppers too—like one reporter who bought two shirts and a jacket at Nordstrom. "Our salespeople build relationships with their customers... More »

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consumer spending • luxury goods • retail sales • department stores • Saks

OPINION

Why Fork Over $11,000 for a Coffee Machine?

'Clover addict' thinks it could change how we think about our joe

Mar 13, 08 7:18 PM CDT
(Newser) - A cup of coffee brewed with 16 ounces of water at 203 degrees for 44 seconds? Coming right up. The brouhaha over the $11,000 Clover 1s—the ultra-high-tech machine that brews one cup at a time—makes sense, Paul Adams writes in Slate. After two hours test-driving the built-to-order... More »

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coffee • caffeine • luxury goods • coffee roasting • gourmet coffee • barista • Clover

Mama's Top Brand New Bags

Forbes picks its favorite luxury purses of the year

Mar 7, 08 5:54 PM CST
(Newser) - After spending thousands of dollars on a handbag, you might not be able to afford anything to put inside it—so choose wisely. Forbes outlines the best in "it" bags:
  1. Hermes Kelly Bag, $5,000 and up: Embrace your inner Grace Kelly with the original "it" bag,
... More »

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Louis Vuitton • list • luxury goods • Hermes • Marc Jacobs • handbag • Kate Spade • clutch • Grace Kelly • Orchard Street Rae Tote • Hermes Kelly Bag • Marc Jacobs Robert Bag on Bag • Louis Vuitton Motarde Frame Bags

Not Your Parents' Russian Vodka

Premium imports, in fancy bottles, begin to arrive on US shores

Feb 25, 08 8:15 PM CST
(Newser) - If a shot of Georgi isn’t your style, Russian vodka makers are rushing to sell a new wave of premium bottles, the Los Angeles Times reports. Vodkas from France, Finland, and the US have gained popularity stateside over the past few years, but buyers couldn't find anything Russian... More »

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Russia • alcohol • France • marketing • Los Angeles • drinking • luxury goods • Finland • vodka • liquor • snack foods

How to Be Middle-Class Rich

You don't have to have über-big bucks to spend like you do

Feb 21, 08 10:26 AM CST
(Newser) - Middle-class millionaires are carving out a luxe lifestyle to define their 16.5-million strong group, Forbes reports. And while the $1 million to $10 million stashed in the bank doesn’t make them all that rich, that doesn't put much of a dent in lavish spending habits:
  1. Mega-home improvements,
... More »

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wealth • wine • middle class • list • luxury car • luxury goods • millionaires • Lamborghini • luxury travel • Rene Lautrec • vacation home

Italian Church Pairs Perfume With Prayer

Opened in Dante's time, pharmacy today sells scents in LA, Tokyo

Feb 20, 08 1:00 PM CST
(Newser) - Florence's Santa Maria Novella church has an intriguing sideline: It's home to one of the world's oldest pharmacies, which today churns out tonics and perfumes made according to medieval recipes. Smithsonian profiles the church, where Dominican monks began concocting herbal remedies and rose water, used to clean plague-touched homes, more... More »

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church • luxury goods • monasteries • Florence • perfume • soap • Santa Maria Novella • pharmacy • Dominican monks

Made in Italy — in a Chinese Sweatshop

Italian luxury goods made by Chinese labor cost 90% less

Feb 20, 08 9:21 AM CST
(Newser) - For consumers of luxury goods, the "Made in Italy" designation remains so prestigious that it can add 300% to an item's price. But the days of artisans plying their trade in little workshops are largely over, the Los Angeles Times reports, replaced by thousands of Tuscan factories employing Chinese... More »

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fashion • Prada • globalization • Italy • minimum wage • Tuscany • luxury goods • manufacturing • sweatshop • Chinese workers • workplace safety

Investors Uncork Wild Wine Prices

Internet, foreign funds make even second-tier wines pricier

Dec 30, 07 6:50 PM CST
(Newser) - Investors are uncorking a new area of speculation these days: fine wine. Thanks to the Internet, which has turned an elite hobby into a worldwide auction, prices are overflowing. Buyers can even throw money at vino investment funds and an electronic trading exchange based in London, which is up 39%... More »

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China • Russia • wine • stocks • auction • luxury goods • investment fund

Nokia Wins Big on Luxe Phones

Decked-out cell phones seen as status symbol for mega-rich

Dec 24, 07 4:25 PM CST
(Newser) - Nokia is enjoying increasing success with its Vertu subsidiary, a maker of luxury cellphones, as a super expensive phone becomes a status symbol for the mega-rich. Der Spiegel reports that Vertu phones, which come diamond- or gold-encrusted, make the iPhone look absolutely pedestrian with a price range from $6,500... More »

MORE ABOUT:
China • Russia • Middle East • Nokia • luxury goods • cell phone industry

Online Buyers Want Blenders, Not Diamonds

Luxury takes a
backseat to the
practical this season

Dec 24, 07 3:03 PM CST
(Newser) - With a shaky economy causing consumers angst this holiday season, online e-tailers say shoppers are opting for functional over frivolous. E-sales of furniture and appliances have spiked more than 70%, while sales of jewelry, watches, and flowers have dropped, reports the New York Times. “It’s certainly counter to... More »

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luxury goods • retail sales • holiday shopping • jewelry • flowers • ComScore • furniture.com • watches • e sales

Campbell's Sells Godiva

Soup maker gets $850M, will focus on core businesses

Dec 21, 07 11:59 AM CST
(Newser) - To ensure that its bottom line stays “M'm! M'm! Good,” the Campbell Soup Company sold its upscale Godiva chocolate brand yesterday for $850 million. Yildiz Holding of Turkey beat out Starbucks and Hershey’s to nab the Belgian chocolatier, which racks up $500 million in annual sales, the... More »

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Turkey • luxury goods • Godiva • soup • chocolate • Yildiz Holding • Ulker Group

Stocks Rise as Traders Find Signs for Optimism

Spending, productivity outpace estimates

Sep 6, 07 4:52 PM CDT
(Newser) - US stocks rose today, Bloomberg reports, boosted by news that back-to-school and luxury shopping outpaced forecasts, along with a spike in worker productivity and a slowdown in labor costs. The Dow climbed 57.88 to 13,363.35. The Nasdaq gained 8.37 to finish at 2,614.32, and... More »

MORE ABOUT:
retail • stocks • consumer products • luxury goods • labor costs • worker efficiency

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