Internet channel: Digital use may have boosted sales by surprising amounts (FT)
"The luxury goods industry has a reputation for being timid about using the internet. However, a seminal report...finds that widespread use of the internet by browsing consumers, for example for research and price comparison, means that about 15 per cent – or €25bn – of total sales in the luxury goods industry are “directly generated” by digital media."
Tourist buyers pose sales conundrum (FT)
"Thomas Mesmin, an analyst at Cheuvreux, the consultancy, reckons up to a third of mainland Chinese consumers may have chosen to make purchases while away from home, with at least 75 per cent of these choosing to shop in Europe."
Detached From His Label (NY Times)
"On March 16, just two days after Simon Spurr received a nomination for best men’s wear designer from the Council of Fashion Designers of America, he stunned the fashion industry by resigning from his own label, which is only six years old."
Sidney Toledano: Designers still give companies the cutting edge (FT)
"How important is a creative director? Sidney Toledano, president and chief executive of Christian Dior Couture, says: “The role of artistic director for a lifestyle brand – one that implies all the aspects of life such as vacation, sports, and so on – is different from the role of artistic director in a luxury brand.”"
Taking Her Leave (NY Times)
"It was a little more than a year ago that the New York City socialite Amanda Brooks was appointed fashion director of Barneys New York, to some cluck-clucking in the industry. But in March, Ms. Brooks pulled off yet another surprise. She announced that she was not just quitting the Barneys position, but leaving Manhattan itself."