Month: October 2010

Louis Vuitton buys stake in Hermès

Rosie Baker

See what Mark Ritson has to say about luxury branding, click here LVMH (Moët Hennessy Louis Vuitton), the luxury group, has bought a 14.2% stake in rival luxury firm Hermès International. The €1.45bn (£1.3bn) deal takes LVMH’s total share in Hermès to 17.1%. The group claims it has no intentions of making a bid to […]

Public sector needs to demonstrate smart marketing

Russell Parsons

Press reaction to the Chancellor’s public sector spending cuts last week was predictably, perhaps even confusingly, varied. The Daily Mail talked of the “huge economic risk” George Osborne has taken, the Telegraph of the impact on Britain’s sharp elbowed middle classes, while The Guardian’s dramatic headline read: “Axe falls on the poor”. What is clear, […]