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Palacio De Hierro
El Palacio de Hierro () is a Mexican upscale department store chain with 31 locations. Headquartered in Mexico City, it consists of 16 full-line Palacio de Hierro department stores, three Boutique Palacio junior department stores, two Casa Palacio home stores, and two outlets located in Greater Mexico City and eight other major cities across Mexico. Operated by the corporation ''Grupo El Palacio de Hierro S.A.B. de C.V.'', it has two flagship stores - one the original historic flagship in the Historic center of Mexico City and the "Palacio de los Palacios" (''Palace of the Palaces'') store in the Polanco district, reopened in 2016 after an extensive renovation costing US$300 million, and at , the largest department store in Latin America. Palacio de Hierro has been a member of the International Association of Department Stores since 2000. History Origins In the 1850s, French immigrant Victor Gassier opened a clothing store, Las Fábricas de Francia (''The Factories of France'' ...
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Historic Center Of Mexico City
The historic center of Mexico City (), also known as the Centro or Centro Histórico, is the central neighborhood in Mexico City, Mexico, focused on the Zócalo (or main plaza) and extending in all directions for a number of blocks, with its farthest extent being west to the Alameda Central. The Zocalo is the largest plaza in Latin America. It can hold up to nearly 100,000 people. This section of the capital lies in the municipal borough of Cuauhtémoc, has just over nine km2 and occupies 668 blocks. It contains 9,000 buildings, 1,550 of which have been declared of historical importance. Most of these historic buildings were constructed between the 16th and 20th centuries. It is divided into two zones for preservation purposes. Zone A encompasses the pre-Hispanic city and its expansion from the Viceroy period until Independence. Zone B covers the areas all other constructions to the end of the 19th century that are considered indispensable to the preservation of the area's archi ...
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Steel
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete Rebar, reinforcing rods), in Bridge, bridges, infrastructure, Tool, tools, Ship, ships, Train, trains, Car, cars, Bicycle, bicycles, Machine, machines, Home appliance, electrical appliances, furniture, and Weapon, weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and Redox, oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally ...
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Saint Laurent Paris
Yves Saint Laurent SAS (, , , ), also known as Saint Laurent and YSL, is a French luxury fashion house founded in 1961 by Yves Saint Laurent and his partner, Pierre Bergé. The company specializes in ''couture'', ready-to-wear, leather accessories, and footwear. Its cosmetics line, YSL Beauty, is owned by L'Oréal. Cédric Charbit has been CEO of Yves Saint Laurent since 2024, and Anthony Vaccarello creative director since 2016. In 2024, Yves Saint Laurent reported 2.9 billion euros in sales. History The eponymous brand was established in 1962 by designer Yves Saint Laurent and his partner, Pierre Bergé. The brand's logos were designed in 1963 by A. M. Cassandre. During the 1960s and 1970s, YSL popularized the beatnik look, safari jackets, tight pants, and thigh-high boots. In 1966, YSL debuted ''Le Smoking'', a tuxedo suit for women. In an attempt to democratize fashion, YSL began producing ready-to-wear in 1966, with its launch of ''Rive Gauche,'' and is considered to b ...
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Carolina Herrera
Carolina Herrera (born María Carolina Josefina Pacanins y Niño, 8 January 1939) is a Venezuelan Americans, Venezuelan American fashion designer. Known for her personal style, she founded her namesake brand in 1980. Herrera has designed for various First Lady of the United States, First Ladies of the United States, including Jacqueline Onassis, Laura Bush, Michelle Obama, and Melania Trump. Early life María Carolina Josefina Pacanins y Niño was born on 8 January 1939 in Caracas, Venezuela. Her father, Guillermo Pacanins Acevedo, was an Venezuelan Air Force, Air Force officer and her mother, María Cristina Niño Passios, was a former governor of Caracas. Her socialite grandmother introduced her to the world of fashion, taking young Carolina to shows by Balenciaga and buying her outfits at Lanvin (clothing), Lanvin and Dior. She has said, "My eye was accustomed to seeing pretty things." Early career In 1965, Herrera began her career working as a publicist for Emilio Pucci, a ...
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Gucci
Guccio Gucci S.p.A., doing business as Gucci ( , ), is an Italian Luxury goods, luxury fashion house based in Florence. Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty Inc., Coty for fragrance and cosmetics under the name Gucci Beauty. Gucci was founded in 1921 by Guccio Gucci (1881–1953) in Florence, Tuscany. Under the direction of Aldo Gucci (son of Guccio), Gucci became a worldwide-known brand, an icon of the Italian ''Italian economic miracle, dolce vita'' period. Following family feuds during the 1980s, the Gucci family was entirely ousted from the capital of the company by 1993. After this crisis, the brand was revived and in 1999 Gucci became a subsidiary of the French conglomerate PPR, which later renamed itself to Kering. In 2024, Gucci operated 529 stores with 20,032 employees, and generated €7.65 billion in sales. Stefano Cantino has been CEO of Gucci since October 2024 ...
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Louis Vuitton
Louis Vuitton Malletier SAS, commonly known as Louis Vuitton (, ), is a French Luxury goods, luxury fashion house and company founded in 1854 by Louis Vuitton (designer), Louis Vuitton. The label's LV monogram appears on most of its products, ranging from luxury bags and leather goods to ready-to-wear, shoes, perfumes, watches, jewellery, accessories, sunglasses and books. Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end department stores, and through the e-commerce section of its website. Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary. For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. The company operates in 50 countries with more than 460 stores ...
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Luxury Brands
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with superior goods. Definition and etymology The word "luxury" derives from the Latin verb ''luxor'' meaning to overextend or strain. From this, the noun ''luxuria'' and verb ''luxurio'' developed, "indicating immoderate growth, swelling, ... in persons and animals, willful or unruly behavior, disregard for moral restraints, and licensciousness", and the term has had negative connotations for most of its long history. One definition in the OED is a "thing desirable but not necessary". A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a di ...
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Sears Mexico
Sears Operadora México, S.A. de C.V. () is a department store chain located in Mexico, operating 93 stores all over Mexico Sears México is operated by Grupo Sanborns, a division of Grupo Carso. History Early history On 26 February 1947, the first Sears in Mexico was opened in Colonia Roma, Mexico City (now the site of the Plaza Insurgentes mall) by Sears, Roebuck and Co. In the initial three days after opening, approximately 110,000 customers visited the store, with total sales reaching about $600,000. During its first week, the store faced challenges in maintaining inventory levels, necessitating the delivery of additional goods via three flights from a Texas warehouse operated by the parent company. The store's entry into the Mexican market has been viewed by some as a catalyst for changing consumer patterns, influencing a shift towards different economic priorities. In its first year of operation, the Mexico City store did around $16 million in business, almost ...
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Liverpool (store)
El Puerto de Liverpool (officially ''S.A.B. de Liverpool, S.A.B. de C.V.'') is a Mexican company that consists of commercial, financial, and real estate operations. The commercial area operates the department store chains Liverpool and Suburbia, freestanding retail stores of multiple fashion brands, and the Arco Norte logistics center, under construction. The financial group offers insurance as well as credit to customers of the two department store chains. The real estate group operates shopping malls, all but one ( Perisur) branded '' Galerías''. El Puerto de Liverpool held (as of December 2023) a US$246 million, 9.745% stake in U.S. retailer Nordstrom, and a 50% stake in El Salvador-based Unicomer Group, which operates retail chains in 26 Latin American countries. On December 23, 2024, it was announced that the company plans to increase its stake in Nordstrom to 49.9% as part of the American department store's plans to be taken private. The Group's headquarters are in Sant ...
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White Goods
A major appliance is a non-portable or semi-portable machine used for routine housekeeping tasks such as cooking, washing laundry, or food preservation. Such appliances are sometimes collectively known as white goods, as the products were traditionally white in color, although a variety of colors are now available. An appliance is different from a plumbing fixture because it uses electricity or fuel. Major appliances differ from small appliances because they are bigger and not portable. They are often considered Fixture (property law), fixtures and part of real estate and as such they are often supplied to tenants as part of otherwise unfurnished rental properties. Major appliances may have special electrical connections, connections to gas supplies, or special plumbing and ventilation arrangements that may be permanently connected to the appliance. This limits where they can be placed in a home. Since major appliances in a home consume a significant amount of energy, they have ...
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Grupo BAL
Grupo BAL is a cluster of Mexican companies in various sectors of the economy. Its president was Alberto Gonzalez Baillères,the second richest man in Mexico in 2013, according to ''Forbes''. Gonzalez's son Alejandro Baillères has been president since 2022. The conglomerate is involved in Mexican sectors such as trade, energy, metallurgy, finance, insurance, pensions, investments, agriculture, health care, and music. Member companies Grupo Nacional Provincial (GNP) is the largest insurance company in Mexico, with more than 20% of the market share in the country. It is the only insurance company with 100% domestically based capital. It is also perhaps the oldest domestically based insurance company in Mexico, having existed since at least the early 20th century. Born from GNP, Profuturo is a retirement fund manager. Afore is the Mexican equivalent of a 401(k)) of Mexican workers. The company is the third largest in Mexico by AUM and the only one that isn't backed by a financial ...
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Rowman & Littlefield
Rowman & Littlefield Publishing Group is an American independent academic publishing company founded in 1949. Under several imprints, the company offers scholarly books for the academic market, as well as trade books. The company also owns the book distributing company National Book Network based in Lanham, Maryland. History The current company took shape when the University Press of America acquired Rowman & Littlefield in 1988 and took the Rowman & Littlefield name for the parent company. Since 2013, there has also been an affiliated company based in London called Rowman & Littlefield International. It is editorially independent and publishes only academic books in Philosophy, Politics & International Relations and Cultural Studies. The company sponsors the Rowman & Littlefield Award in Innovative Teaching, the only national teaching award in political science given in the United States. It is awarded annually by the American Political Science Association for people ...
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