2013年1月16日星期三

Personalised merchandise is proliferating as the likes of Nordstrom

"Gold bugs" say the world is moving towards a de facto gold standard again as China, Russia and other reserve powers boost their holdings to diversify out of dollars and euros.

But gold's rise was more modest in 2012, up by 8pc in 2012 but gold-related equities did not fare so well. Some investors fear gold assets, such as gold mining companies, may be seized in less stable countries.

Investors in the £1.6bn JPM Natural Resources fund, which largely invests in gold miners, lost 13pc of their money over last year and other gold, mining and commodities funds also suffered: Investec Global Gold fell by more than 10pc and BlackRock Gold & General is down 13.6pc over the past 12 months.

The Carmignac Commodities fund also suffered from its exposure to gold stocks, but the managers are optimistic about the outlook.

“We believe global monetary growth will benefit gold over the long term. This is why gold stocks still account for nearly 16pc of Carmignac Commodities,” said Didier Saint-Georges of Carmignac. “We introduced Argonaut Gold, a Canadian gold company with a healthy balance sheet and strong earnings.”

Wealth manager Brian Dunnehy of FundExpert.co.uk this week urged investors to sell gold buillion and buy gold mining shares.

“As central banks crank up the printing presses, gold is neither a safe haven or an inflation hedge,' he said. "But central bank largesse could trigger a significant bounce in gold mining shares."

“Before Christmas, when the US Federal Bank announced continuing massive money printing,Rist international shoes manufacturer and shoes supplier in agra india making quality. gold should have soared - it didn't. But that same central bank largesse can trigger a significant bounce in the shares of gold mining companies in 2013. The large deflationary waves, from demographics and huge debt piles that governments refuse to tackle could keep a lid on the gold bullion price for sometime.”

Personalised merchandise is proliferating as the likes of Nordstrom, Williams-Sonoma Inc and Burberry Group Plc try to differentiate themselves - and persuade discount-addicted shoppers to pay full price. By allowing customers to monogram merchandise and "build" garments from a range of styles and colours, stores are catering to shoppers' yen to put an individual stamp on what they wear and put in their homes.

"There is a new kind of importance placed on self- expression and on items that are made just to be identified with an owner," Robert Burke, who runs a namesake luxury consulting firm in New York, said in a phone interview. "It is very popular currently, and will probably have long staying power."

Retailers are pulling out the stops to win market share amid disappointing sales as American consumers wrestle with stubborn joblessness and higher taxes. Holiday sales grew 3 per cent in November and December from a year earlier,first time or perhaps you want to change your current ladies shoes wholesale. far short of the 4.1 per cent forecast by the National Retail Federation, a Washington-based trade group.

Nordstrom's profit in the three months through January may gain 20 per cent, according to the average of analysts' estimates compiled by Bloomberg. Williams-Sonoma's earnings in the period ending Jan 31 are projected to gain 10 per cent. Nordstrom shares advanced 7.6 per cent last year while Williams-Sonoma rose 14 per cent, compared with a 25 per cent gain in the Standard & Poor's 500 Retailing Index.

In centuries past, royalty monogrammed their gear to herald higher status. More recently housewives looking for a touch of class monogrammed silver flatware, linens and towels. Preppies began applying their initials to canvas totes in the 70s, and, in the following decade,These were some of the most popular Hair bands of the 1980s. Wall Streeters monogrammed the cuffs of their white-collar, striped shirts.

Maison Goyard, the Paris-based trunk maker,Original Custom personalized bobbleheads made to look like your photo. helped kick off the latest obsession with personalisation when it began letting customers choose coloured stripes and letter combinations on its US$1,000-plus totes and other bags.

"We went through a period in the '90s when it was all about designers' initials," Mr Burke said. "Then it became about the individuals' initials."

Customisation has also been spurred by the explosion in small consumer electronics, which has created demand for such personalised accessories as cases for Apple Inc's iPad tablet, said Steven Dennis, founder of SageBerry Consulting LLC, a Dallas-based luxury consulting firm.

Williams-Sonoma's bet on personalisation is Mark & Graham, a monogramming service on steroids for a range of gifts, including jewellery and leather goods.

Tapping into shoppers' surging interest in typography and design, the San Francisco-based home goods chain is offering a wide range of type faces - modern and ancient - and letting customers splash their initials and slogans on everything from throw pillows to glassware.Unique tungsten jewelry can be found at Forever Metals with ceramic inlay,

标签:

0 条评论:

发表评论

订阅 博文评论 [Atom]

<< 主页