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Monopolizing and Monetizing a Color: What is the Value of Tiffany & Co.’s Trademark Blue Hue?

LVMH Moët Hennessy Louis Vuitton is vying for Tiffany & Co. The Paris-based luxury goods conglomerate made a $14.5 billion play for the American jewelry stalwart last month, in furtherance of a quest to bolster its offerings in the fast-growing jewelry market. Just as analysts predicted, Tiffany’s board reportedly rejected LVMH’s initial, unsolicited offer to seek a...

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Instagram to Test Hiding “Likes” in the U.S. What Does that Mean for Influencers, Brands?

On the heels of Instagram’s decision to remove its visible “like” counter from its platform in certain geographic regions, such as Canada and Australia, earlier this year, the app’s operators say they will perform the same test in the U.S. beginning this month. The roll-out by the Facebook-owned photo and video-sharing app is being touted as larger ethos,...

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After 20 Years in Business, Zac Posen Shutters Eponymous Label

Zac Posen is shuttering his label, the brand confirmed on Friday. An announcement from the label’s owners, House of Z and Z Spoke that came on Friday evening revealed that the company – which had been in midst of a sale process since this spring with Yucaipa Cos., with the Ron Burkle-led investment firm that...

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Anteprima in SoHo

There’s more to Italian fashion than Dolce, Dolce, and Dolce; so this Fall, New York is home to Anteprima, the second installment of an Italian experiential fashion pop-up. Eight emerging Italian brands will present Fall/Winter collections in a space celebrating art, cuisine, and design. Of course this unique shopping and gallery experience will be in...

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Study Shows Shoppers Reject Offers Made Under Time Pressure

Giving consumers short time limits on offers means they are less likely to take them up, according to new research. Making time-limited offers is a common retail pricing strategy. Examples include the doorstep seller who claims that they are currently ‘in the area’ but will not be returning; the telephone seller who makes a ‘special...

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Hermès Brought in $3.63 Billion in Sales for the First Half of the Year

Hermès’ revenues are on the rise again. The Paris-based luxury brand revealed this week that for the first half of the year, revenues were up 15 percent from the same 6-month period last year to $3.63 billion, while net profit (i.e., dollars earned after subtracting operating expenses, interest, taxes and preferred stock dividends) rose to...

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The Evolution of Walmart and its Quest to Become an e-commerce Powerhouse

For decades, Walmart solidly held the reins as the largest retailer in the world. The Bentonville, Arkansas-based multinational retail corporation’s competition trailed far behind and it could afford to focus almost exclusively on its roots as a big-box retail chain, selling low-priced staples, such as laundry detergent, paper towels, bottled water, groceries, and even apparel...

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Gucci Says It Will Be Completely Carbon Neutral by the End of September

Gucci is going carbon neutral. The Kering-owned brand announced on Thursday that it is upping the ante in its existing decade-long sustainability plan, and confirmed that it will be completely carbon neutral by the end of September. “A new era of corporate accountability is upon us and we need to be diligent in taking all steps...