Luxury Briefing.

Italian fashion house Marni has launched a collection of 100 colourful chairs at Milan’s Salone del Mobile. The line is going on sale at the brand’s Milan boutique alongside L’Arte del Ritratto, an exhibition of photographs by Francesco Jodice. The chairs are made from bright strands of woven PVC threads on metal frames and were […]

10 Corso Como has opened its second location in Seoul. The 13,638 sq ft store – its fourth worldwide – occupies the entire fifth floor of AvenueL, a luxury shopping complex in the Lotte department store, located in the central Myeongdong district. “The whole point of 10 Corso Como is for people and friends to […]

The Italian label unveiled its first US Edition store in the Meatpacking District in New York in December. The 2,500 sq ft triangular building, which was previously occupied by Yohji Yamamoto, showcases both menswear and womenswear, and by spring will also sell the Marni children’s collection for girls aged 2 to 12 – the only […]

China to reduce luxury tax
Luxury taxes in China are set to be lowered by the end of the year (People Daily). Currently China imposes a tariff on all imported luxury items, so commodities such as watches, bags, clothes, wine and electronics cost up to 45% more on the Mainland than in Hong Kong. At the […]

ON Fifth Avenue, FAO Schwarz, no 767 at the north-east corner of 58th Street, is renovating and expanding, making magic with a winter wonderland in the works. L’Occitane en Provence opens at no 170, in Flatiron. On Madison Avenue, Perrin Paris opens its first east coast location at no 987 (76/77th Streets) in the Carlyle […]

The Miami Design District will see a new Hermès store open in autumn 2013. The 10,000 sq ft flagship will be more than double the size of the brand’s existing 4,500 sq ft store at the Bal Harbor shops, which it will be replacing. According to Robert Chavez, president and CEO of Hermès USA, the […]

A new luxury department store has opened in Milan. Excelsior Milano is housed in a former cinema restored by architect Jean Nouvel and covers seven floors over 43,200 sq ft. It features a tightly edited product mix, according to Stefano Beraldo, CEO of department store giant Gruppo Coin, which developed the complex. He refers to […]

Italian fashion brand, Marni, will be launching its debut childrenswear collection this July. Marni Children has been designed by Consuelo Castiglioni and is aimed at girls between the ages of two and 12. Key pieces include hooded parkas with checked wool linings and dotted puffer coats, while the Marni signature doll print – as well […]

On Madison Avenue, Marni expanded from its SoHo outpost to Madison and 67th, next to Isaac Mizrahi’s upcoming Big Apple debut. Hervé Leger is poised to take space at no 804. Stubbs & Wootton opens in the Carlyle Hotel.
On the Upper East Side, one legend is emulating another: Bloomingdale’s has installed a Harrods-like collection of […]

MANY of us believed that the luxury industry would be relatively untouched by the credit crisis, but, as the crunch turned to global recession, luxury companies have been among the most vulnerable. “People don’t have the impulse to buy. They think about purchases more,” Gucci Group CEO Robert Polet recently said. And as we’ve seen […]