Times they are ever changing, shoplifters who traditionally focused on stealing luxury products like jewelry, electronics and clothing are now shifting for basic necessities like food and domestic appliances. The Shoprite Group, Africa’s largest food retailer which operates 969 outlets in 17 countries on the continent, the Indian Ocean and southern Asia, said that, while …
Is that a Real Luxury item or Knock-off?
Luxury designers are being plagued with counterfeit doubles. Seems that knock-offs cost the U.S. economy between $200 billion and $250 billion each year. The hot spots for counterfeit items seem to be found on Craigslist or eBay. Which eBay was recently order to pay The LVMH Group for allowing fake items to be sold on …
For Immediate Release – This Apple Has a Bug in it!
After ALL that publicity hype, now Apple has a bug! Apple Inc.’s new iPhone went on sale Friday and people can’t get the phones to work reported here in the AP A spokesman for AT&T Inc., the exclusive carrier for the iPhone in the U.S., said there was a global problem with Apple Inc.’s iTunes …
Next for the Future of Fashion Proenza Schouler
One year later the future of fashion is still going strong. On this very day July 11, they hit the big time when the label announced it had sold 45% stake to fashion powerhouse Valentino. What’s up next for team phenomenal? Well the founders of Proenza Schouler, Jack McCollough and Lazaro Hernandez have more fashion …
Audi Announce Plans for More Luxury Cars in India
With already five models in India the Audi A8, Audi Q7, Audi A6, Audi A4 and Audi TT. Luxury German car manufacturer Audi India sets plans for more luxury cars to be launched in India, full story
Luxury Beat: Burberry, PPR Slip
Bloomberg reports Burberry Group Plc and PPR SA led declines by European luxury-goods stocks after Deutsche Bank AG and Goldman, Sachs & Co. analysts lowered profit estimates and stock recommendations on concern that demand may weaken. This is a sign that growth in the luxury industry is becoming a struggle.