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Luxury goods makers try to crack Indian market
Original at International Herald Tribune
• Thu, Mar 26
France Foreign retailers are limited to 51 percent ownership of stores in India. "It is very, very early days," Mr. Hooks said. "Our main priority is just to establish our brand." The company opened one Giorgio Armani boutique and one Emporio Armani shop in ...
Now that the pricing dam has burst
Original at International Herald Tribune
• Wed, Feb 25
France Lucrative second lines, jump-started with Emporio Armani two decades ago, are familiar sales tools in Italy. In fact, La Rinascente, which recently refurbished its store by the Milan Duomo, carries only second lines in clothing (but top-end in bags and ...
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