Tuesday, 23 March 2010

The Owners Of Fabergé Return To Profit – 23/3/10

It has been all quiet on the Fabergé front since their relaunch late last year (see the MO Down for September 17) until now, when their owners, Pallinghurst Resources, reported a return to profit in the year to December.

CEO Arne Frandsen also said “the relaunch of Faberge was well received and the brand was making further inroads from its store in Geneva.”

Click here to read more on Pallinghurst Resources (sorry, we have no more Faberge-focused facts up our sleeve … yet!)

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, www.moluxury.com.au