Peter Evans, Jessica Hodgson and Manuela Mesco, China's Luxury Shift; Emphasis Turns to items for just a very few as demand cools. Wall Street Journal, Oct 8, 2012
http://online.wsj.com/article/SB ... 42151914543218.html
(luxury brands Burberry, LVMH, Financière Richemont and De Beers see growth slowing; ultra-high-end of the sector prospers. such as Sunseeker and Gieves & Hawkes)
Note:
(a) Sunseeker
http://en.wikipedia.org/wiki/Sunseeker
(1979- ; headquartered in Poole, Dorset, England)
(b)
(i) Gieves & Hawkes
http://en.wikipedia.org/wiki/Gieves_&_Hawkes
(a bespoke gentleman's tailor located at №1 Savile Row, London; Thomas Hawkes set up his first shop [Hawkes & Co] in 1771; in 1887 James Watson Gieve bought out his employer to form Gieves & Co, which acquired Hawkes & Co in 1974; distribution of Gieves & Hawkes continues to expand with over 100 stores and concessions around the UK and in Hong Kong, China and Taiwan)
(ii) Savile Row
http://en.wikipedia.org/wiki/Savile_Row
(The street was built between 1731 and 1735, and is named after Lady Dorothy Savile, wife of the 3rd Earl of Burlington) |