Wendy Furrer Page 1
It was a sea of pink on Manhattan’s upper east side Thursday evening as three-hundred New York City ladies bid on more than 100 beautiful designer handbags to raise money for women’s cancer prevention. As guests arrived the mood was set as they watched the trailer for the soon to be released (and eagerly awaited) Sex And The City 2. After all, when Carrie Bradshaw makes shopping seem like one of Maslow’s most basic human needs, stylish women in stilettos are sure to follow suit.
It was a who’s who in luxury as insiders joined together at American Express Publishing’s Luxury Summit at the beautiful (and eco-friendly) Mandarin Oriental Hotel in CityCenter, Las Vegas this week.
Louis Vuitton once again topped Millward Brown Optimor’s ranking of the most valuable luxury brands this year. And at the American Express Publishing Summit in Las Vegas this week, Louis Vuitton North America’s President and CEO Daniel Lalonde stressed that one of the reasons for the brand’s success through the recession was because Louis Vuitton never goes on sale. But when we asked Lalonde how Louis Vuitton bags ended up on luxury auction website OohILove.com, he said they must be fakes.
If you’ve ever been bombarded as you walk through the beauty aisles of Saks or Bergdorf Goodman, you’re not alone — like anything in life, sometimes we need a little direction. Just as we hire personal trainers, nutritionists and stylists to help us look and feel our best — hiring targeted skin care coaches seems to be the new trend. Imagine: skin care “prescribed” just for you –- that’s quite a lovely little luxury.
Want to snag an authentic $800 Louis Vuitton bag for just $17.10? How about Chanel sunglasses for $11.70? A gorgeous pair of Christian Louboutins for a mere $5.46? You’ve also got to add on the cost of your 0.99 cent bids, but these designer goods are still a steal. New luxury auction site oohilove.com makes luxe items affordable, and attainable at a discount, if you play your cards right.
If you think luxury is dead, think again. The industry still has legs… long legs. Yes, 2009 was a rocky road for the industry, but it’s starting to look up. I caught up with luxury guru Milton Pedraza, CEO of the Luxury Institute, to assess the pulse of the market.