Designer Tom Ford aims to capitalize on rising global demand for luxury goods that has swelled the industry's annual revenue to about 160 billion euros ($214 billion), according to consulting firm Bain & Co.
1. Directly owned shops will open in London, Milan, Los Angeles and Hawaii starting next year.
2. Lane Crawford Joyce Group has agreed to open at least 87 franchised stores in Asia. The franchised stores will be located in places including Beijing, Moscow and Dubai.
3. He plans to start distributing his apparel through department stores such as luxury retailers Neiman Marcus Group Inc. in the U.S. and Harrods in London.
4. He has signed accords with Italian men's wear maker Ermenegildo Zegna SpA to produce clothing and with Estee Lauder Cos. for fragrances.
Reputation is the soul of revenue and more revenue
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