Showing posts with label Luxury Products. Show all posts
Showing posts with label Luxury Products. Show all posts

Tuesday, December 11, 2012

Luxury shopping knows no crisis

Saint-Tropez to Monaco, Côte d'Azur offers a unique concentration of the most beautiful places on the planet. It is a world apart, but high potential customers

A few weeks ago in Monte-Carlo Rolex opened its first store dedicated to the brand on the French Riviera. Last spring, it is Moncler for its sixty years of existence, which is offered a prestigious address at 14 La Croisette, Cannes as to make the capital of chic jacket! Most major brands, Chanel, Hermes, Louis Vuitton, Dior, Prada, pushed the walls of their shops, become too small.
What is happening in our region is a reflection of the results displayed by the luxury industry in the world. The crisis, we do not know what it is. Was smiling, as well LVMH, the French group first in the world in its class, in the Swiss Richemont (Cartier, Mont Blanc, Van Cleef & Arpels, JaegerLeCoultre) or in the luxury division of PPR (Gucci, Bottega Veneta, Yves Saint Laurent). Even independent brands like Prada, show good results.
Cannes spearhead
However, all without exception are present between Saint-Tropez and Monaco. If only for the image. In fact, we know nothing of the real profitability of its shops, and we imagine that some of them would have difficulty in isolation to hold their own in the game "The Riviera is a unique place in the world" , says Robert Van de Kerkhove, specialist installation of luxury shops. "the world always comes a day here. Although these international firms are investing heavily in China, their bosses watch themselves on issues affecting their presence in the cities of the coast. '
For one who looks like a "planner", originally including the creation of the Miramar in Cannes in 2008, is obviously the Croisette that almost everything is at stake. "This is a front mythical sea, the equivalent of Rodeo Drive in Los Angeles. But here the advantage is that shopping can be very concentrated. To do the same thing in Paris between Avenue Montaigne, Rue Royale, the Faubourg Saint-Honoré, it takes four days. '
Road luxury
Cannes but also lives with its neighbors. From there to imagine that in a few years there will be a real road luxury shopping, there is not one. In recent seasons, the new addresses flourished in Saint-Tropez cross between the Garonne and Rue Francois Sibilli. Monaco pampers particular "Golden Circle", where you can spend a few meters of the finest fashion houses in the greatest jewelers. Nice and goes upmarket. Today we even see passersby to photograph the window of American jeweler Tiffany & Co, Avenue de Verdun. "I do not know if you have realized the potential of the region.There is talk of Ibiza, Marbella, Barcelona, ​​but has nothing to envy. '
In the future, everything will be implemented to ensure that the Côte d'Azur is a luxury shopping destination throughout the year. But for that, we create a favorable environment. Namely one upscale hotel more substantial, restore more diverse, "world cuisine". The ultimate goal is to bring new tourists all the gold card.

Brazil: French luxury wants a piece of cake

On the occasion of the two-day visit to Paris of the Brazilian President, he will discuss the barriers of countries that heavily penalize the French luxury brands.
 Brazilian President Dilma Rousseff is on a state visit to Paris two days on 11 and 12 December. On the agenda, perhaps a request from France to relax a little border barriers .

French luxury sector is waiting for it to deploy in force in Brazil, where the market does exist. Brazilians are increasingly fond of luxury. But they prefer to shop abroad. More than 60% of purchases of luxury goods are outside Brazil. In France, for example, Brazilian visitors coming in fourth position in terms of expenditure.

The luxury sector in Brazil generates two billion euros per year And because the barriers are so high in Brazil that the prices of luxury goods are 40-50% higher than in Europe. 
Add various taxes and varied constantly changing and you will understand that, like India, Brazil is far from being a paradise for the French luxury brands. However, they also would like to share. In Brazil, the luxury sector is € 2 billion, an increase of 20% per year for three years. French brands are best known for 20 years. Yet today, the Brazilian market represents only 2% of sales 75 luxury homes of the Comité Colbert, Baccarat Yves Saint Laurent, through Cartier and Vuitton.