Rumour Mill | Karl Lagerfeld to leave Chanel?

Karl who?

PARIS, France – We don’t actively engage in the rumour mill here on BoF, but when the whispers involve Karl Lagerfeld, Olivier Theyskens and Alber Elbaz in a Lanvin and Chanel merry-go-round, it seems worthwhile to engage in a bit of Friday afternoon fashion speculation. Today, Diane Pernet has published a bombshell post outlining this scenario: “This is not a fact until you officially read it somewhere else but rumour

…Continue Reading

Friday Column | Japanese Luxury Fatigue

Prada flagship store in Omotesando, Tokyo

LONDON, United Kingdom — The scariest news I have recently read about luxury was in Tuesday’s Financial Times. The Japanese, it seems, have stopped buying luxury goods. Luxury imports in Japan were down 10 percent and sales of LVMH in the country were down 18 percent in the first quarter. And no, it’s not just the recession. “This is not a blip. This is a long-term shift in the market,” Brian Salsberg, the

…Continue Reading

Karolina Zmarlak | Transformational value

The ever-morphing Barcelona dress, courtesy of Karolina Zmarlak

NEW YORK, United States — As global economic woes continue to wear on consumer spending, some fashion and luxury companies are teetering on the brink. Blue chip brands are halting expansion plans in order to focus on survival tactics, while smaller labels with limited resources are faced with the reality of sudden annihilation. It may not seem to be the ideal time to start a new label, but New York-based womenswear designer

…Continue Reading

H&M gains, Dior releases trailer, Esprit opens new stores, LV exhibit to open in HK, De La Renta looks to the Gulf

H&M S/S 09 ad campaign, courtesy of H&M

H&M’s 8% April Comparable Sales Gain Breaks Trend (WSJ) “Fashion retailer Hennes & Mauritz AB Friday said April sales in comparable stores rose for the first time since July, indicating that it may be recovering from the global trend of consumers reining in spending amid the economic slowdown.” Dior Jumps on the Viral-Video Bandwagon (NYMag.com) “The House of Dior will release a short film on May 20,

…Continue Reading

CEO Talk | Stella Ishii, President and Founder, The News Inc.

Stella Ishii, President and Founder of The News Inc.

NEW YORK, United States — At first glance, The News showroom in New York’s SoHo district looked to me like most other fashion showrooms. Rails of clothes hanging in a loft-style space with fashionable young people running to and fro, sending and receiving packages from a stream of couriers coming in and out. But on closer glance, it quickly became clear this was unlike any other showroom I had seen. For one, two young stylish

…Continue Reading

Social Shopping at ShopStyle

Shopstyle homepage

NEW YORK, United States — Fashion brands are finally making a real effort online, launching increasingly sophisticated e-commerce sites that often do more business than flagship stores. But as usual, Andy Moss is ahead of the curve. A British transplant to California’s Silicon Valley, Andy launched fashion shopping site ShopStyle back in 2007. Then described as “a search engine devoted to fashion,” the site set a

…Continue Reading

CEO Talk | Wen Zhou, Chief Executive Officer, 3.1 Phillip Lim

Wen Zhou, CEO of 3.1 Phillip Lim courtesy of Akira Yamada

NEW YORK, United States —Mention the name Wen Zhou to the average fashion fanatic on the street, or even ‘important’ fashion editors, and they may shrug their sh0ulders, not recognising the name. But, mention her name to fashion industry insiders, especially retailers and independent fashion brands, and invariably the words “dynamo”, “amazing” and “genius” will be volleyed right back

…Continue Reading

littleshilpa | Shilpa Chavan’s Mumbai Millinery

Piece from the Battle Royale collection by Littleshilpa

We’re wrapping up BoF India Fashion Week with the wonderful story of Shilpa Chavan, a Bombay milliner whose sophisticated urban headdresses have caught the attention of Style.com and ended up at the AlSabah Art & Design Gallery in Kuwait. MUMBAI, India — There’s no doubt that India is a treasure chest of craft and creativity. Indeed, these were the two words most heard at the recently concluded IHT conference in New

…Continue Reading

The Modern Indian Male | A New Sartorial Elite

GQ India - Premier issue, courtesy of GQ

On Day Three of India Fashion Week on BoF, we take a look at the burgeoning menswear market, which is increasing in size, but also sophistication. MUMBAI, India — We are witnessing a seismic shift in the menswear industry in India today. Indeed, the Indian man has finally come into his own. In a sartorial sense, he knows what he wants, isn’t afraid to experiment, and is willing to spend on the best. He has a deeper

…Continue Reading

Sustainable Luxury | An issue not to be ignored

[caption id="attachment_3333" align="alignnone" width="500" caption="Dries Van Noten, courtesy of IHT"][/caption] It's day two of the BoF India Fashion Week and today we turn our attention to Sustainable Luxury, the theme of the most recent IHT Luxury Conference, held this year in India, home of age-old craftsmanship and artisanale traditions. NEW DELHI, India — "What does an economic collapse and a terrorist attack have to do with sustainable luxury?" Everything, strategist and author Jem Bendell suggested as he addressed the attendees of the International Herald Tribune's annual conference on Luxury held last week. The event was re-scheduled from December of last year, due to the 26/11 attacks on Mumbai. The topic for this year's conference was Sustainable Luxury—a phrase whose meaning…

…Continue Reading

India Fashion Week(s) | Three’s a Crowd?

Prepartion for Wills Lifestyle India Fashion Week, courtesy of PR Pundit

This week on The Business of Fashion we welcome several guest contributors to give us the scoop on recent fashion weeks, the IHT conference and local market trends in India. We’re calling it our own India Fashion Week, but as you’ll see, that might be the last thing India needs. NEW DELHI, India — Bollywood, Cricket and Fashion. Everyday these three topics bring to life the popular culture pages of India’s leading

…Continue Reading

Alexandra Shulman | On the future of fashion magazines

Alexandra Shulman | Photo: David Wise

LONDON, United Kingdom — When BoF’s Vikram Alexei Kansara explored the interactive future of fashion magazines about a month ago, a lively debate ensued in the comments section of the post and in emails with our readers. It is one of the most read articles on BoF thus far in 2009. Clearly this is a topic on everyone’s minds, not only in the fashion media, but also print media more generally. Major newspapers like The

…Continue Reading

Japan Fashion Week | Not prime time

Somarta A/W 09, courtesy of Coutorture

TOKYO, Japan — Japan Fashion Week (JFW) is nearing its end, but has anyone really noticed that it started? While the entire cities of Paris, Milan, and New York seem to get completely swept up in the glamour of their respective fashion weeks, the average Tokyo citizen is most likely unaware that Japan Fashion Week is currently happening. This is very odd, considering that Tokyo is obsessed with designer fashion to an extent seen

…Continue Reading