Economic Slump Spanks Luxury Retailers

Luxury retail has become a victim of the current economic turmoil. The Wall Street Journal reports this morning that even those luxury brands that have recently branched out with more affordable lines are taking a hit as consumers simply don’t have as much disposable income as they used to–and simply aren’t disposed to spending Read More

Louis Vuitton: 'I'm Sorry'

Louis Vuitton, the luxury brand that launched a trillion knockoffs, has just been made to taste its own medicine. Today, the company released an apology to Dutch artist Anthony Beeke for stealing his work. In 2005, WWD reports today, a promotional event at the luxury luggage maker’s boutique on the Champs Read More