Monday, 1 June 2009

Coco at the Cinema, Growth for Burberry & Profits slide at Tiffany. The Weekend Report: 29-31/05/09

The Cinema Brings Coco Chanel Back To Life

We are bracing for Chanel mania as the Chanel bio-pic, Coco Avant Chanel, hits Australian arthouse cinemas on June 25. It is a French-filmed spectacular with bilingual actress Audrey Tautou – best known for Amélie and The Da Vinci Code starring as the trendsetting Chanel. It’s sure to be the most stylish film of the year!

It’s Bigger The Better For Burberry

In what might be seen to be a brave move, luxury brand Burberry is planning a global expansion – opening 10 to 15 more stores this fiscal year. Their CEO Angela Ahrendts hints that China and Brazil are key emerging markets while real estate deals in the US are hugely profitable. Read more at Burberry Eyes Expansion In U.S.

Big Spenders Turn Their Backs On Tiffany

Profits have taken a 62% tumble at Tiffany & Co as customers shy away with hefty price tags. But Tiffany’s are not going down without a fight. They’ve eliminated 10% of their workforce – 900 jobs – and introduced more affordable silver and gold jewellery like the Keys Collection – pushing Tiffany back to the top of a thrifty woman’s wishlist!

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Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,