Friday, 12 March 2010

Luxury News In Brief – 12/3/10

Better than expected profit at Inter Parfums
Fragrance maker Inter Parfums Inc, whose brands include Van Cleef & Arpels, Burberry and Christian Lacroix, reported an adjusted fourth-quarter profit that topped Wall Street’s expectations. Revenue rose 13 percent. Oh, the sweet smell of success! Click here to read more.

Burberry has launched a trademark lawsuit against the parent company of TK Maxx, TJX Cos. Inc. Burberry is claiming multiple counterfeit breaches, and is seeking an injunction, the destruction of any unauthorised goods, a court order forcing TJX to run corrective advertisements, legal fees and unspecified damages. You have to fight to the death to protect your trademark… Click here for more info.

Quick quiz
Q: What does Australasia's wealthiest man, Graeme Hart, have in common with Giorgio Armani, the iconic fashion designer of his own luxury goods empire?

A: Mr Hart is on par with Mr Armani – as they both rank number 144 on Forbes’ rich list. Click here for the facts (including that the number of female billionaires has grown since last year.)

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,