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South Korea, Russia, Michael Kors and Swarovski – News briefs

Michael Kors menswear Today in luxury marketing: With BMWs common in Gangnam, Koreans splurge on Bentleys, Maseratis Flashy Maseratis and Bentleys are fast becoming the cars of choice for young, monied South Koreans, eclipsing German luxury brands now so commonplace that some in Seoul’s upscale Gangnam district jokingly refer to a BMW 5-series as a Hyundai Sonata, says Reuters.Click here to read the entire article on Reuters Russian recession weighs on

Ad agencies, consultancies react to the Apple Watch

Watch out Four leading ad agencies and consultancies react to the Apple Watch released yesterday. Will it put other wearables out of business or drive a stake through the luxury watch sector? Dave Rosenbaum runs the LVMH account at Havas Media Right now, I do not see the Apple Watch as a replacement for high-end luxury time- pieces. There is a timelessness to a Tag Heuer, Hublot, Dior, or Vuitton, a