Dieser Warenkorb umfasst unter anderem den Preis für ein Paar Gucci-Halbschuhe, den Steinway-Flügel oder einen Psychiater in New York und ist seit Auflage 1976 mehr als doppelt so stark gestiegen wie der replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc Konsumgüterindex.Unter Anlagexperten aber gilt die Positionierung der Nobelmarken in Asien und vor allem in China als weitaus wichtiger als jeder strukturelle Vorteil des Aktiensegments. Denn auch wenn es 2009 nicht so schlimm kam, wie von vielen befürchtet, werde es alte Zustände mit zweistelligem Wachstum frühestens wieder 2012 geben. 2010 gelten daher starke Marken, gutes Management und die nötigen Cashreserven als Erfolgsfaktoren.
Gemessen am Umsatzanteil in Asien hat hier Hermès die Nase vorn. 44 Prozent des Umsatzes zum dritten Quartal kamen aus der Region. Dabei steht China allein für 22 Prozent der Verkäufe. Drei neue replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc im Land sollen das Wachstum 2010 weiter antreiben, zudem ist dort die Einführung einer neuen Marke geplant. Gefolgt wird der Spitzenreiter von Richemont, die 32 Prozent des Umsatzes von 2,37 Milliarden Euro in replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc Schwellenländern erwirtschaften. China allein steht allerdings erst für acht Prozent des Umsatzes. Wichtiger aber ist, dass die Geschäfte des
Hauptumsatzbringers Cartier von derzeit 29 Filialen mittelfristig verdoppelt werden sollen. Darüber hinaus verfügt der Konzern über eine knappe Milliarde Euro an flüssigen Mitteln.Auf den gleichen Umsatzanteil bringt es auch ein nicht ganz so reinrassiger Anbieter edelster Produkte: Pinault-Printemps-Redoute (PPR). Die Gruppe erwirtschaftete zum dritten Quartal 2009 einen Umsatz von 12,replica Rolex Datejust Turn-O-Graph 'Thunderbird' watc Milliarden Euro. Dem Konzern gehört die Gucci-Gruppe, die aktuell für rund 18 Prozent des Umsatzes steht. Daneben zählen aber auch das Elektrokaufhaus Fnac, der Versandhändler Redcats und die Möbelkette Conforma sowie die Mehrheitsbeteiligung an Puma zu der Unternehmensgruppe.
Vuitton, Tiffany Set for Santa Monica PlaceLouis Vuitton and Tiffany & Co. have signed deals to open in the revamped Santa Monica Place, set to launch on Aug. 6 after a $265 million overhaul.The Macerich Co., which owns Chopard Mille Miglia Gran Turismo XL CH-72 Southern California shopping center, is to announce other new tenants such as Barneys Co-op, Betsey Johnson, Johnny Was, L'Occitane, White House|Black Market, Tous and local jewelry concept Sea of Silver. They will join a roster that already included Nordstrom, Bloomingdale's, Burberry, Michael Kors, Kitson and Tory Burch, among others, at the 550,000-square-foot, three-level project.
Macerich poured $163.2 million into Chopard Mille Miglia Gran Turismo XL CH-75 redevelopment last year and another $101.8 million this year, according to the company's annual report. Its challenge is to persuade customers to return to Santa Monica Place, which had sales in the $300-a-square-foot range when it closed in January 2008, said Douglas Roscoe, Macerich's senior manager, property management. Competitive properties in Chopard Mille Miglia Gran Turismo XL CH-76 California regularly record double that figure and higher.Roscoe estimated Santa Monica Place would be 70 percent occupied when it opens, and projected that rate would climb to 80 percent by the end of the year.
The shopping center will have a 17,000-square-foot main court at its core for concierge services, community events and seating. There are 2,000 parking spaces and four entrances on the Third Street Promenade, Second Street, Chopard Mille Miglia Gran Turismo XL GMT CH-1 Street and Colorado Boulevard to ease arrival for both pedestrians and drivers.Anne Singleton, vice president, leasing at Macerich, said the customer exodus from the old Santa Monica Place was caused by an underwhelming group of stores and poor access. There wasn't anything here for them, she said.
The new Santa Monica Place aims to win back its target customers: 35-year-old affluent women with fashion options. Singleton pointed to its convenience, an updated design epitomized by airiness, sweeping views, Chopard Mille Miglia Grand Turismo CH-4 anchors (a 102,000-square-foot Bloomingdale's and a 122,000-square-foot Nordstrom, and a balanced mix of new stores and food offerings as major draws.The redesign will allow customers to take advantage of Santa Monica and why people live here, she said. It is as much about socializing as it is about shopping.
The Nordstrom, Tiffany Execs See Pay Boosts Chopard Mille Miglia Jacky Icks Edition CH-66 recovery of high-end retailing in the second half of 2009 allowed the top executives of Nordstrom Inc. and Tiffany & Co. to comfortably pad their take-home pay last year. According to proxy statements recently filed with the Securities and Exchange Commission, Nordstrom president Blake Nordstrom more than doubled his total compensation, to $4.3 million, while Chopard Mille Miglia Jacky Icks Edition CH-67 chairman and chief executive officer Michael Kowalski earned $7.9 million, 68.4 percent higher than in 2008. In both cases, the companies exceeded earnings targets set by the compensation committees of their boards,
opening the door for rich payoffs in nonequity incentive plan bonuses, even though neither firm matched nor exceeded its 2008 sales. Meanwhile, Jones Apparel Group Inc. ceo Wesley Card saw his earnings fall 11.1 percent to $5.5 million, Chopard Mille Miglia Quartz Chronofgraph CH-14 his earnings effectively rose 2.2 percent when a 2008 bonus reported to the SEC but not accepted by Card is factored into the equation.At Nordstrom, Blake Nordstrom's total pay package of $4.3 million last year was 131.6 percent above his total earnings of $1.9 million for 2008. His salary grew 0.6 percent to $700,000, and the sum of his stock and option awards declined 6 percent to $10.5 million.
Because Nordstrom exceeded target performance levels for both earnings before interest and taxes and return on invested capital, Nordstrom was entitled to 165.9 percent of his salary, or $1.2 million, in nonequity incentive Chopard Mille Miglia Grand Turismo CH-4 compensation. This compared with zero in the prior year.Because of fluctuating stock prices and vesting schedules, stock and option awards weren't necessarily realized by the executives cited but are required to be filed with the SEC.At least on paper, Nordstrom benefited from a $1.4 million credit for the change in pension value and nonqualified deferred compensation earnings, versus no change in 2008.
His other compensation declined 27.9 percent to $47,000, the majority of Chopard Mille Miglia Jacky Icks Edition CH-66 derived from more than $32,000 in merchandise discounts used by himself and his eligible dependents.In fiscal 2009, Nordstrom weathered the economic downturn better than many of its upscale retail peers. Net income grew 10 percent to $441 million, while sales pulled back 0.2 percent to $8.26 billion and retreated 4.2 percent on a same-store basis.Tiffany easily met its Chopard Mille Miglia Jacky Icks Edition CH-67 targets last year, entitling ceo Kowalski to a $2 million bonus and helping to lift his total compensation by more than two-thirds.
With his $7.9 million package, Kowalski, ceo of Tiffany since 1999 and chairman since 2003, earned 68.4 percent more than his 2008 take of $4.7 million.The biggest portion of his $3.2 million increase was $2 million in nonequity incentive Chopard Mille Miglia Quartz Chronofgraph CH-14 compensation, the maximum amount payable to its ceo, which kicked in when net earnings for the year exceeded the target of $116 million. Tiffany's net income last year was $264.8 million, 20.4 percent above its 2008 level despite a 4.9 percent decline in sales to $2.71 billion.
The incentive bonus equals twice Kowalski's annual salary of $1 million.The sum of Kowalski's stock and option awards grew 8.1 percent to $3.1 million from $2.9 million in 2008. Tiffany also recorded $1.6 million in change in Chopard Mille Miglia Grand Turismo CH-4 value and nonqualified deferred compensation earnings for Kowalski, versus $454,000 in 2009.All other compensation was nearly halved to $168,000 from $322,000.Taking in $5.5 million last year, Jones' Card earned $6.2 million in 2008, but that amount was reduced to $5.4 million when he declined the $810,000 in nonequity incentive plan compensation. He accepted the $2.4 million earned on that budget line last year.
Jones' proxy said Card voluntarily elected not Chopard Mille Miglia Jacky Icks Edition CH-66 accept receipt of the cash award in recognition of business conditions in late 2008 and 2009 and the impact on associates of the company. Jones engaged in aggressive cost cutting, including hundreds of store closures, as it fought to deal with the worst effects of the recession.Card's salary was unchanged at $1.6 million, and his $2.4 million incentive plan payment represented 150 percent of his Chopard Mille Miglia Jacky Icks Edition CH-67 based on the company registering operating income and operating cash flow more than 10 percent above target levels. These calculations exclude nonrecurring items, such as one-time charges for goodwill or store impairment.
Last year, Jones narrowed its net loss to $86.3 million from an impairment-laden loss of $765.4 million in the prior year. Revenues fell 8 percent to $3.33 billion.Card received no option awards for last year's performance, as in 2008, and Chopard Mille Miglia Quartz Chronofgraph CH-14 value of his stock awards fell 63.8 percent to $1.3 million from $3.6 million.There was no change recorded in Card's pension value or nonqualified deferred compensation earnings, as in 2008, and all other compensation rose 7.7 percent to $225,000.
Sidney Kimmel, chairman of the firm, recorded total compensation of $1.3 million, the same as in 2008, with $1.2 million in salary in both years.For full daily stock changes and more financial news, seeWWD.com/business-news.A Chopard Mille Miglia Grand Turismo CH-4 appeals court ruling on Thursday largely favored eBay Inc. in its legal battle with Tiffany & Co. but left the jewelry firm with one leg to stand on.In an opinion two years in the making, the U.S. Second Circuit Court of Appeals in Manhattan certified an earlier decision that eBay was not liable for trademark infringement or dilution for the sale of counterfeit jewelry on its site.
The three-judge panel overseeing the case stood by Chopard Mille Miglia Jacky Icks Edition CH-66 lower court's finding that eBay had taken adequate measures to block known counterfeit dealers and that it is ultimately Tiffany's responsibility to patrol its own trademarks.A federal appeals court ruling on Thursday largely favored eBay Inc. in its legal battle with Tiffany & Co. but left the jewelry firm with one leg to stand on.In an opinion two years in the making, the U.S. Second Circuit Chopard Mille Miglia Jacky Icks Edition CH-67 of Appeals in Manhattan certified an earlier decision that eBay was not liable for trademark infringement or dilution for the sale of counterfeit jewelry on its site.
The three-judge panel overseeing the case stood by a lower court's finding that eBay had taken adequate measures to block known counterfeit dealers and that it is ultimately Tiffany's responsibility to patrol its own trademarks.Circuit Judge Chopard Mille Miglia Quartz Chronofgraph CH-14 Sack, who authored the opinion, wrote that Tiffany's appeal sought too broad an understanding of current law. Sack further noted that eBay itself has an interest in keeping bogus wares out of its listings, writing that & private market forces give eBay and those operating similar businesses a strong incentive to minimize the counterfeit goods sold on their Web sites.