The Savigny Luxury Index has gained good ground in September and is up by 3.7 percent, outperforming the MSCI World Index by over one percentage point, as Asian tourist flows to Western fashion hubs remain strong and the world’s largest luxury conglomerates snap up young designers, reports Pierre Mallevays of Savigny Partners.
Sephora has changed the way women shop for cosmetics, giving traditional department store counters their first real competition in over 50 years. Now, teaming up with Marc Jacobs to launch an ambitious new colour cosmetics collection called Marc Jacobs Beauty, the retailer is venturing into a new waters and creating new synergies within the LVMH group, which owns both companies.
More than just the trendy bag of the moment, fashion backpacks are becoming a true wardrobe staple. BoF reports.
Once flying high, Australia’s iconic ‘big three’ surf brands – Rip Curl, Quiksilver and Billabong – now face shrinking sales and mounting debts. What went wrong?
It took a fortuitous encounter in front of a bike shop in Bavaria for Damir Doma to find that rarest of things: the right deep-pocketed partner, willing to put in time, energy and resources to see the designer’s fledgling label through its difficult first years and get it off the ground. But six years later, with his own store, close to 9 million euros in sales and a new co-chairman, it is clear that Doma’s ascent up the tricky ranks of Paris fashion has been driven by more than luck. BoF reports.
Once a profitable but rarely discussed sideline business, airside retail is now a highly lucrative, core component of a successful luxury strategy and airport operators are innovating to take sales even higher. BoF investigates.
With zero marketing, German technical apparel brand Acronym has found cult success with a single-minded, laser focus on function.
LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index (“SLI”) lost 0.9 percent in August, nevertheless outperforming the MSCI World Index (“MSCI”) by close to one percentage point, as markets shuddered at the prospect of foreign intervention in the Syrian conflict.
As many in Europe take their annual August holiday, heading south for a bit of sun, BoF examines how two luxury swimwear brands, the established Vilebrequin and the upstart Orlebar Brown, are tapping the lucrative luxury swimwear market.
As the Trampery, a shared workspace enterprise, opens its third location in the northeast London neighbourhood of London Fields, BoF spoke with founder Charles Armstrong and operations manager Ben Pickering to learn how the new hub aims to galvanise one of Europe’s most fertile fashion frontiers: Hackney.