LUXURY - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/LUXURY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Global luxury goods sales forecast to slow further http://www.sltrib.com/sltrib/money/58520260-79/goods-luxury-sales-arpizio.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58520260-79/goods-luxury-sales-arpizio.html.csp">Global luxury goods sales forecast to slow further</a></h4> <span class="author vcard"><span class="fn">By COLLEEN BARRY</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-10-14T10:12:01.317-06:00">Updated Oct 14, 2014 10:12AM MDT</span></h5> <div class ="entry-content">Milan • A tumultuous series of geopolitical events has slowed global sales in the luxury goods sector, according to a study presented Tuesday, while deeper, longer-term trends in the sector are being shaped by social media. An annual study by Bain & Co. consultancy indicates sales of designer apparel, leather goods and jewelry are expected to increase 2 percent this year to 223 billion euros ($282 billion) compared with 3 percent growth in 2013 and 10 percent in 2012. The crisis in Ukraine, demo...</div> <h5><a rel="item-license" href="#license-585202602014-10-14T10:12:01.317-06:00" id="#license-2014-10-14T10:12:01.317-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58520260@www.sltrib.com Tue, 14 Oct 2014 10:12:01 MDT Cadillac to ditch Detroit for trendy NYC address http://www.sltrib.com/sltrib/money/58447788-79/cadillac-luxury-sales-brand.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58447788-79/cadillac-luxury-sales-brand.html.csp">Cadillac to ditch Detroit for trendy NYC address</a></h4> <span class="author vcard"><span class="fn">By DEE-ANN DURBIN and TOM KRISHER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-23T18:52:02.253-06:00">Updated Sep 23, 2014 06:52PM MDT</span></h5> <div class ="entry-content">Detroit • Cadillac wants a jolt from the city that never sleeps. General Motors’ 112-year-old luxury car division, founded in Detroit and named for the city’s founder, is moving its headquarters to New York. Cadillac, which has been steadily losing sales to its German rivals, wants to get closer to its ideal buyers. Executives and marketing staffers will set up shop in a loft office in Manhattan’s trendy SoHo neighborhood starting next year. “There is no city in the world where the inhabitants a...</div> <h5><a rel="item-license" href="#license-584477882014-09-23T18:52:02.253-06:00" id="#license-2014-09-23T18:52:02.253-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58447788@www.sltrib.com Tue, 23 Sep 2014 18:52:02 MDT Shoemaker Jimmy Choo to list shares in London http://www.sltrib.com/sltrib/money/58445908-79/choo-jimmy-london-list.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58445908-79/choo-jimmy-london-list.html.csp">Shoemaker Jimmy Choo to list shares in London</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-23T10:01:02.79-06:00">Updated Sep 23, 2014 10:01AM MDT</span></h5> <div class ="entry-content">London • Luxury shoemaker Jimmy Choo has announced plans to list at least a quarter of its shares on the London Stock Exchange next month. The designer label, which recorded sales of $462 million in 2013, said it is looking to expand in Asia and other new markets, and plans to open 10 to 15 stores per year. Malaysian-born designer Jimmy Choo and the brand’s co-founder Tamara Mellon opened their first store in London in 1996. It is now owned by private investment firm JAB Luxury, which acquired i...</div> <h5><a rel="item-license" href="#license-584459082014-09-23T10:01:02.79-06:00" id="#license-2014-09-23T10:01:02.79-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58445908@www.sltrib.com Tue, 23 Sep 2014 10:01:02 MDT Norwegian sails into luxury with Prestige purchase http://www.sltrib.com/sltrib/money/58364265-79/norwegian-prestige-deal-cruise.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58364265-79/norwegian-prestige-deal-cruise.html.csp">Norwegian sails into luxury with Prestige purchase</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-09-02T09:48:01.803-06:00">Updated Sep 2, 2014 09:48AM MDT</span></h5> <div class ="entry-content">New York • Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International. It’s a huge deal for Apollo Global Management LLC, which acquired a majority stake in Prestige in 2007. Apollo also owns about 20 percent of Norwegian, which saw its shares rocket 13 percent higher before the opening bell Tuesday. Should certain performance targets be reached, Apollo would be due another $50 million in cash accord...</div> <h5><a rel="item-license" href="#license-583642652014-09-02T09:48:01.803-06:00" id="#license-2014-09-02T09:48:01.803-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58364265@www.sltrib.com Tue, 02 Sep 2014 09:48:01 MDT Luxury fashion takes on wearable fitness technology http://www.sltrib.com/sltrib/entertainment2/58339917-223/fashion-technology-designers-lauren.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/entertainment2/58339917-223/fashion-technology-designers-lauren.html.csp">Luxury fashion takes on wearable fitness technology</a></h4> <span class="author vcard"><span class="fn">By LEANNE ITALIE</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-27T12:23:02.458-06:00">Updated Aug 27, 2014 12:23PM MDT</span></h5> <div class ="entry-content">Luxury fashion is making inroads in wearable tech as more designers try their hands at developing smart, stylish accessories and clothing aimed at tracking performance and health, or simply making connected lives easier to manage. “We actually think the fashion industry should be in the driver’s seat,” Ayse Ildeniz, vice president of business development and strategy for Intel’s new devices group, said at a January event in Las Vegas. Designers are listening. Luxury brand Ralph Lauren plans to u...</div> <h5><a rel="item-license" href="#license-583399172014-08-27T12:23:02.458-06:00" id="#license-2014-08-27T12:23:02.458-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58339917@www.sltrib.com Wed, 27 Aug 2014 12:23:02 MDT