In Milan, best known for its high fashion houses and denim brands, and critiqued for its lack of innovation, visually bold, Italian contemporary label MSGM has found success with a fresh new formula.
No brand before or after it captured the zeitgeist quite like Juicy Couture. So why did the brand, a business with almost $500 million in annual revenue, sell this autumn in a $195 million cash deal to a licensing group better known for working with brands like Marilyn Monroe and Elvis Presley?
Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.
Today, to coincide with the start of Art Basel Miami Beach, Hettie Judah considers the increasingly intertwined markets for fashion and art. Tomorrow, we examine the anatomy of fashion’s most spectacular artist collaboration to date: Yayoi Kusama for Louis Vuitton.