Mount Street | Photo: Nick Ingram

LONDON, United Kingdom — For years, London’s Bond Street and Sloane Street have been the destinations of choice for luxury brands looking to set up shop in the British capital to serve the wealthy Arabs, Russians, Indians and Asians who call the city home, and more recently, the hundreds of thousands of luxury shoppers that have been descending on London, bolstered by a weaker pound and the depth of riches on offer from every luxury brand imaginable.

But a stone’s throw away on Mount Street, a former backwater of gentlemen’s collector shops and art galleries, a remarkable transformation has been taking place that is giving Bond Street a run for London’s luxury retail supremacy. Following last year’s multi-million pound privately-funded street restoration by Grosvenor, taking a walk down the newly-restored Mount Street is not only visually and aesthetically inspiring, it’s also a testament to the confidence in the ongoing luxury growth wave that paused for only a short while after the economic crisis of 2008.

The list of new brands that have arrived is staggering. Christian Louboutin, Lanvin, Azzaro, Goyard, CH Carolina Herrera, Stephen Webster, Aesop, Wunderkind, Balenciaga and Rick Owens are amongst those who have moved into the Mount Street area in recent years, creating a luxury land-grab unlike anything seen in any major fashion capital around the w0rld. In the last few weeks alone, both Mackintosh and Nicholas Kirkwood have officially opened their shops on Mount Street, with further openings expected soon, including LVMH-owned Loewe’s first London outpost and Roland Mouret, around the corner on Carlos Place.

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RIO DE JANEIRO, Brazil — While Sao Paulo Fashion Week kicked off on Friday, the industry’s eyes have been on Brazil and its booming fashion sector for a few weeks already, specifically on Rio de Janeiro and its own designer showcase, Fashion Rio. The weeklong run of shows in the country’s second city traditionally precedes the higher-profile Sao Paulo collections. And in the first month of the new decade and with an increasingly competitive and crowded calendar vying for the attention of busy editors, the pressure was on for Fashion Rio to justify its existence.

Some voices have called for a consolidation between Sao Paulo Fashion Week and Fashion Rio. Others said that the fabled vacation and cruise destination should stick to what it does best, namely beach and casual sportswear. Even the event’s organizers, Luminosidade, signaled that it might be time for a refocusing: in a press conference held last fall in Paris, the organization’s president Paulo Borges promised to transform the week into a first tier platform where international designers would present their resort collections, a laudable if overly ambitious plan that, if it comes to fruition, may take years to implement.

Nonetheless, the real and positive news is that none of the drastic prognostications has, yet, come to pass. Instead, Fashion Rio wrapped up last week after one of its strongest seasons in years. In what seemed to be a concerted, silently agreed upon effort, the over two dozen designers that showed their Winter 2011/12 collections to an international audience proved that a radical organizational reinvention isn’t necessary to make a strong case for Fashion Rio’s continued importance. The overall message was that Rio de Janeiro is moving away from bikinis towards sophisticated sporstwear and doing it with unexpected self-assurance.

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Susanna Lau | Source: Citizen Couture

Today, BoF launches The Business of Blogging, a new series on the rarely discussed business side of fashion blogging. First up is Susanna Lau of Style Bubble, one of the fashion blogosphere’s most original and influential voices.

LONDON, United Kingdom — In recent years, bloggers have had a tremendous impact on the fashion community. Using the internet to build their own platforms and attract an audience, they have helped turn a once closed industry into a more dynamic and democratic global conversation, earning thousands of fans and followers in the process. But are they making money? Have they been able to successfully monetise their celebrity and their craft? Is blogging a viable business?

“In my second year at Dazed, I was turning down all these different projects that could have been money spinners and I just couldn’t commit myself to them, because I was working 12 hours a day,” says Susanna Lau, the candid and adorably quirky voice behind the highly popular personal fashion blog Style Bubble, who left her position as Commissioning Editor of DazedDigital.com in March of 2010 to concentrate on her blog and pursue the unexploited economic opportunities it was generating. “Saying ‘I don’t need the publication to anchor onto, I have a publication essentially,’ was a big thing for me,” admits Ms. Lau, whose blog currently attracts some 25,000 visitors each day.

But how exactly has Ms. Lau been able to monetise her platform? “I have advert space at the side of my blog, but it’s not a big money spinner,” she says. “How I’ve done it is working on projects that relate to the blog but aren’t necessarily always visible on the blog.”

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The Fashion Twitterati | Source: DKNY and Oscar de la Renta

NEW YORK, United States — To tweet, or not to tweet. That has been the question on many fashion business minds over the past year. Not every brand needs a Twitter account, but if a brand does decide to stake out a presence on Twitter, they should do so with a clear plan in mind and a voice that is consistent with the brand, while also opening up a new point of view. Most of all, Twitter should be a tool for engagement with a brand’s fans and followers.

That is all easier said than done. Some brands on Twitter don’t follow anybody else and only broadcast information out, which is the schoolyard equivalent of talking all the time, while shutting your eyes and ears and not listening to anybody else. You don’t make many friends that way. Then there are the brands that set up a Twitter account, and then fail to keep it active, which is kind of like inviting a brand’s fans to a big event, and then not showing up to greet them. It 0nly serves to disappoint fans and followers. Still other brands require tweets to be ‘approved’ by legal and PR departments, which takes away from the spontaneous, real time nature of Twitter.

Thankfully, there are a few fashion businesses that are doing it right. They have found ways of communicating about their brand that have caught the attention of tens of thousands of followers, and more importantly, have made those followers feel like part of the brand’s online community.

BoF sought out three of the most prolific and successful fashion twitterers, and for the very first time, spoke to the people behind fashion’s greatest tweets to learn from their success.

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The BoF community looks on at Fashion Pioneers with Natalie Massenet | Photo: Lawrence Randall

LONDON, United Kingdom — It’s been quite the year for the BoF team. In January, we will celebrate our 4th birthday, having seen BoF grow from a passion project created from the sofa in my living room to a growing global community of like-minded fashion professionals that is BoF today.

We are grateful for all of the support our community has shown us over the past 12 months, from the success of our sold-out Fashion Pioneers series to the rapidly growing numbers of you who come to us every day for opinionated fashion business analysis and a highly-curated point of view on the day’s news. We now have over 150,000 followers on Twitter, 2,000 fans on Facebook and growing follower base on our new Tumblr page. We are honoured and grateful that so many of you take the time to engage and interact with us on a daily basis, in so many ways.

The international media has also been paying attention to the power and reach of our community, from the International Herald Tribune to Vogue Italia to The Evening Standard. Canada’s Macleans Magazine called BoF “The Economist of Fashion,” the Daily Telegraph included BoF in their round-up of “Britain’s Best Fashion Bloggers” and just this month British GQ gave us a little surprise for 2011 (check out number 92). What an honour and a great way to start the new year!

None of this would be possible without you, the global community of executives, designers, editors, students, academics, investors and supporters who have made BoF their daily must-read on the fashion business. We’re going to take a break over the holidays, but in the meantime here’s a look back to the articles and stories which fired up your interest and passions this past year. Thank you again for your continued support.

Happy holidays, happy new year, and see you in 2011!

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