Vuitton anatomy, Arcadia profits plummet, Social trend forecasting, All change in Montréal, ‘Irresponsible’ Miu Miu

Louis Vuitton Maison Sydney | Source: AFR

Anatomy of a maison (AFR)
“In the Medieval age, the sight of a towering spire signalled a city of splendour. Today, it is cathedrals of retailing that indicate metropolitan status in the global pecking order. The December 3 opening, not of another Louis Vuitton store – there are already 460 of those worldwide – but of a much grander Louis Vuitton ‘Maison’ (of which there are just 13) proves Sydney must be a very smart town indeed.”

Arcadia Closures (Vogue)
“Sir Philip Green has confirmed that he expects to close more than 250 Arcadia stores in the next three years as the company reports a profits drop of almost 40 per cent against last year. ‘We have got – from my memory – 450 or 460 stores where leases expire in the next three years,’ Green said. ‘And I think on our latest summary we will close more than half of those on lease expiry.’”

Heel Height Times Tweets? (NY Times)
“The 1920s notion of a “hemline index,” in which the economist George Taylor posited that skirt lengths rise and fall in relation to the economy, suggests that fashion is socially determined. In a modern twist, a report about the direction of high heels, issued by I.B.M., proposes that fashion can now be determined through social media.”

Ogilvy’s and Holt Renfrew: Buzz is, big changes are coming (Montreal Gazette)
It’s the talk of downtown: big changes are said to be coming to Ogilvy’s and Holt Renfrew. The buzz is that Holt’s will close in its current location, move into Ogilvy’s, and the Art Deco Holt building will become condos… The rumours come after Selfridges Group Ltd., owners of Holt Renfrew, acquired Ogilvy’s this summer.”

Hailee Steinfeld Miu Miu ad deemed ‘irresponsible’ (Telegraph)
“The Advertising Standards Authority ruled that the image… Showing the 14-year-old actress sat on a train track and wiping away what could be tears from her eyes, was irresponsible because it depicted a child in an unsafe location. Prada Retail UK, who own the Miu Miu brand, said the image, captured by renowned fashion photographer and film-maker Bruce Weber, was ‘part of a serious, high-fashion campaign’ and ‘based on the set of an imaginary film’.”