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Dec. 22, 2024
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News briefs

European automakers, French fashion faceoff and China – News briefs

September 27, 2012

 

By Staff reports

Today in luxury marketing:

Europe's luxury carmakers appear to have upper hand
Fears over Europe's luxury-car stocks were heightened last week when Daimler AG  issued a profit warning for its core Mercedes-Benz division because of a slowdown in China. But luxury-car makers still have plenty of zip in their engines, even as the continent's mass-market producers like Peugeot SA and Renault SA are dealing with overcapacity, reports The Wall Street Journal.

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  1. BMW sets record with funds raised for education at playoff event
  2. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  3. Montblanc cuts ribbon on concept flagship boutique in Chengdu
  4. Mergers and growth and consolidation, oh my!: Courts disallow Tapestry-Capri deal
  5. Vera Wang sells IP to brand management firm WHP Global
  6. Meta drops price on paid subscription tier in EU
  7. MGallery Collection wins Grand Prize for luxury tourism
  8. Tiffany & Co., Sotheby’s team up on auction, pop-up experience
  9. Quarterly sales down at Versace, Jimmy Choo
  10. Mood of global millionaires in the pandemic-era
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