Our luxury brand segment has seen increased unit sales as we continue to broaden the focus of our jewelry and timepieces.
Its earnings report reflects this with the results of the luxury brand segment treated as discontinued operations for accounting and reporting purposes, the company said.
"So far, we've been in a niche segment and brand awareness is low, " says Garg.
It recently acquired Alberto Culver and Concern Kalina, with the aim of expanding its personal care brand portfolio and the segment?s market share in Russia.
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Its cosmetics product segment provides various products under the brand name of OHUI, Whoo, ISA KNOX and LacVert.
Lexus sales blazed past those of BMW and Mercedes-Benz in August to claim the No.1 spot in the luxury car segment in the U.S. The brand sold 24, 237 vehicles in August, up 34% y-o-y.
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The Dart is a newcomer in a highly competitive segment where leaders like the Honda Civic enjoy strong brand loyalty.
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Death comes to those trying to flank at every market segment, resulting in too many products, consumer confusion, and brand dilution (Nokia -8.0%, Research in Motion -12.6% operating margins reported last quarter).
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Not only is La-Z-Boy is gaining share overall, but its sales of stationary furniture, the larger segment of the furniture category and the one previously underdeveloped by the brand, are growing faster than recliners.
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We are working further on our plans to transition our distribution to more online in the consumer space and are adjusting our messaging in the Institutional segment to give it a more distinct identity within the general Rosetta Stone brand.
The Rest of the World segment includes Ortel Mobile - virtual network operator offering mobile services though its own brand and partners.
In 2010 the Ford brand swept both categories, for its Fusion Hybrid sedan in the car category and Transit Connect in the truck segment.
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For a relatively new fashion brand, this focus on China just goes to cement the fact that the Chinese consumer is an important market segment for the fashion and luxury sector.
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