Tribes versus trends, Tokyo stores reopen, India’s luxury real estate crunch, Inditex profit up, John Lobb bespoke

Ann Demeulemeester Autumn/Winter 2011 | Source: The Cutting Class

The Tribes of Westwood, Owens and Demeulemeester (The Cutting Class)
“While some designers tend to beat to the drum of being on-trend, others have already cultivated their own communities and are even referencing it within their collections. In the recent Ann Demeulemeester, Rick Owens and Vivienne Westwood collections you feel that they are speaking in a language that their customers already know and understand.”

Tokyo’s fashion stores slowly reopen (Relax News)
“‘Tokyo’s fashion business is gradually getting back to usual…Monday’s foot traffic along Omotesando Avenue and Harajuku seemed close to normal levels and shoppers were seen making purchases at Vuitton, Dior and Forever 21. H&M’s closed flagship drew some puzzled looks from passersby.’”

Luxury malls yet to catch on as brands can’t find the right space (Live Mint)
“With little expansion in the luxury mall space, what is emerging is a hybrid retail concept where luxury and premium brands are juxtaposed… For example, while there are pure luxury brands such as Burberry and Armani at Palladium in Mumbai’s Lower Parel, premium brands such as Diesel and Zara on the ground floor.”

Inditex Net Income Rises, Adds Stores in Asia (Bloomberg)
Inditex… reported profit growth that beat analysts’ estimates and said it will accelerate expansion in stores and online. Fourth-quarter net income rose 14 percent to 553 million euros ($784 million), according to calculations based on today’s full-year results.”

John Lobb Unveils Bespoke Line (Forbes)
“It was created as a celebration of world cities: Eleven teams were assembled in 11 capitals to each create a unique pair of John Lobb shoes. The idea was to make two shoes that embody the spirit of the city, Paul-Dauphin said. He called it ‘around the world in 22 shoes.’”