Butterboom

H&M Doing Well in 2009, Beijing Store Coming this Spring

H&M looks to be recession proof with new jobs and a new China store.

With all the doom and gloom forecast for this year, we wanted to share the good news from H&M. The Swedish retailer who has 4 outlets in Hong Kong has just released their 2008 earnings report and they look just great, proving that smart management and a great product line with innovative marketing campaigns are recession proof, but we digress.

Highlights from their Full Year Report that ended November 30, 2008:

• Profit after financial items for the fourth quarter was SEK 7,114 m (6,221), an increase of 14 percent.
• Sales in the first two H&M stores in Tokyo surpassed the company’s high expectations and were H&M’s most successful store openings ever.
• The outlook for the future expansion and the development opportunities remains positive. H&M will create 6,000 to 7,000 new job opportunities during 2009.
• For the financial year 2008/2009 a net contribution of 225 stores is planned.
• The company is preparing the first store opening in Bejing during the spring 2009.
• Sales in January 2009 expected to increase by 8 percent in local currencies compared to the same month last year.
• The total number of stores in the Group as per 30 November 2008 thus amounted to 1,738 (1,522), of which 18 are franchise stores.

Interested to read the rest click here. It seems that H&M may have some challenges ahead of them in 2009 is strong enough to weather the current economic tsunami.

John Hardy Opens At Ifc

John Hardy,  luxury handmade jeweller now at the ifc mall.

John Hardy makes beautiful luxury jewellery that are inspired by culture and nature. The origins of the brand can be traced back to the royal courts of Bali, their master artisan were goldsmiths to the royal family.

Continue reading »

Katie Holmes in Escada

Katie Holmes wore Escada to the Premiere of Valkyrie.

Katie Holmes was in Munich, Germany to attend the European Premiere of Valkyrie.  Husband Tom Cruise starred in the movie. We think it very appropriate for Katie to choose her outfit from a German designer. Continue reading »

Stefanie Graf: New Ambassador For Longines

Stefanie Graf has signed on as Longines brand ambassador.

Longines has a long history in its support of sports and has a stable of sport personalities, accomplished and famous actress as their ambassador.  Other Longines ambassadors of elegance include husband Andre Agassi, Aaron Kwok, Carina Lau, Tawainese actress Chi Lin Ling, MTV VJ, Denise Keller, Bollywood superstar and former Miss World Aishwarya Rai and others.

Continue reading »

Megan Fox Shines On The Red Carpet

Megan Fox is gold.

Megan Fox, our new favourite hot chick in Hollywood wore a Ralph Lauren gold silk tulle gown to the Hollywood Foreign Press Association’s 66th Annual Golden Globe Awards.

For those of you who are looking for a gold dress, this one’s pretty stunning.

Happy Chinese New Year!

Good fortune to all our readers in the Year of the Ox.

Have a great long holiday and we’ll see you on Thursday with new postings!

Givenchy’s Melancholia Bag in Hong Kong

Givenchy’s taking orders for their Spring Summer bags at On Pedder.

Givenchy’s Spring Summer 09 bags are quite out of the ordinary. The Melancholia bag has a new look and comes in gold cut out western motif against black leather with the emblematic lone star.

Continue reading »