_ EXCLUSIVE And you thought the swimming trunks were pricey. Vilebrequin the French luxury swimwear label whose latest designs include hand-embroidered mens shorts that retail for $590 is close to being acquired by New York-based G-III Apparel, The Post has learned. G-III is looking to take the plunge with an offer north of $150 million more than 13 times Vilebrequins Ebitda, or earnings before interest, taxation, depreciation and amortization, said a source briefed on the talks. The lofty price tag signals optimism for luxury sales worldwide despite the economys iffy prospects overall, as the ranks of super-rich continue to
For a startup business, the value of an appearance or mention on a national morning show like "Today" is priceless. The free publicity and exposure a brand is provided can translate into immediate — and substantial — sales gains. Such was the good fortune for Tablevogue, a cross-channel retailer of stylish slipcovers for folding tables commonly used when entertaining (e.g., birthday and holiday parties, business events).
Economists urged "extreme caution" about reading too much into a strong rebound in retail sales last month, as chains were boosted by the hottest April on record, a glut of bank holidays and the Royal Wedding.
The British royal wedding of Prince William and Kate Middleton inspired wedding-related memorabilia and promotional products estimated to earn $2.8 billion, according to a U.K. tabloid.
From Prince William champagne to Kiss Me Kate beer, from refrigerators to PEZ dispensers, from comic books to condoms, enterprising marketers are plastering the young couple's image and name on every conceivable type of merchandise.
Royalists are set to splurge 1.7 billion pounds in an unexpected wave of wedding fever. Experts said consumers will shell out an average of 59.21 pounds on mementos and 115.89 pounds each on food and booze — more than had been predicted. The big spenders are under-25s with a third planning to celebrate on April 29.