Posted by Leonard Steinberg on December 23rd, 2013 I am visiting my hometown, Cape Town, South Africa, which has been designated the World Design Capital for 2014. Cape Town is a melting pot of design influences from Europe, Africa and the Far East, in a city known for it hugely diverse cultural mix. These influences… [Read More]
HERMES POSTS STRONG SALES GAINS, YET GROWTH COOLS AS DOLLAR STRENGTHENS
Posted by Leonard Steinberg on April 22nd, 2013 Uber-luxury goods conglomerate Hermes posted its slowest pace of quarterly growth since 2009 as currency headwinds weighed on revenues, reporting a 10% rise in sales to 856.8 million euros. Last year, growth for a number of high-end names cooled as shoppers, notably in China, moved away from more mass… [Read More]
GREENWICH VILLAGE: THE GILDED GHETTO?
Posted by Leonard Steinberg on September 5th, 2012 This month Vanity Fair termed Greenwich Village the “GILDED GHETTO”: is this the appropriate description of the neighborhood everyone, including foreigners, Uptowners and Downtowner’s, agree is the ultimate New York living environment? The area’s unique combination of (guaranteed) low lying buildings that provide the best light in… [Read More]
HERMES SALES RISE 18.2%: SUPER-LUXE IS STRONGEST
Posted on November 7, 2011 So you thought the world’s luxury market was in trouble? Think again. French luxury group Hermes raised its full-year sales forecast on Friday after third-quarter growth beat its initial target, pulled by buoyant demand for the 174-year-old brand in Europe, the Americas and Asia. The maker of 10,000-euro leather bags… [Read More]
AMERICAN IDOL REPORTING
Posted by Leonard Steinberg on April 9, 2011 This week, Amercan Idol fans were shocked when one of the shows biggest talents, Pia, was voted off the show…..it was another reminder of the dangers of mass tastes dictating. Without Simon Cowell, the judges superficial, uneducated, Jenny-from-the-block evaluation failed us all. I feel the same way about real… [Read More]