Valentino’s state of grace, Protecting the Pashmina, Bulgari returns to profit, Hermès sales leap, Yusuke Maegawa

Valentino Spring Summer 2011 | Source: Valentino

Valentino: State of Grace (Interview)
“If there is something most significant about Valentino, it’s that women feel beautiful when they’re wearing Valentino. Beauty is at the core of his work—it’s not just an element.”

Nepal seeks legal cover for shawl that conquered the world (Independent)
“Coveted for its lightness and warmth, the [pashmina] wool… has brought much-needed income to the mountain kingdom of Nepal. But recently exports have slumped, thanks to competition from cheap imitations mass-produced mainly in China and India.”

Bulgari Swings To Net Profit As China Sales Surge (WSJ)
“The jewelry maker revised previously reported sales figures up slightly and said first-quarter sales rose 28% to EUR254.7 million. By category, all divisions posted double-digit growth, as jewelry sales rose 29%, perfume and cosmetics sales rose 33% and watch sales rose 22%.”

Hermès First-Quarter Sales Rise 26% (Bloomberg)
“Revenue increased 26 percent to 637.1 million euros from 507.7 million euros a year earlier, the Paris- based company said… The average estimate of three analysts compiled by Bloomberg was 590.3 million euros. Excluding currency swings, sales climbed 21 percent.”

Rise: Yusuke Maegawa (Dazed Digital)
“His dark and voluminous aesthetic led to a place at last season’s Vauxhall Fashion Scout exhibition, and that’s only the beginning for this Japanese Saint Martins graduate.”