Apple’s rivals want to benefit from its magic, hoping that its long awaited new smartwatch will finally conjure demand for wearable technology that has so far generated more buzz about its potential than actual sales.
Chinese department stores are the country’s worst performers in the international bond market this year, as e-commerce rivals such as Alibaba Group Holding Ltd. lure shoppers and an anti-corruption probe pinches sales.
HONG KONG, China — Once a retailer catering to colonial elites in British-governed Hong Kong, Lane Crawford has grown into a market-leading department store group with additional stores in Beijing, Shanghai, Chengdu and online, known for setting global luxury industry standards with its bold product assortment, store concepts, visual merchandising and omni-channel “connected commerce” strategy. Often acting as a conduit
“What I’ve learned about working with a big company like Jil Sander is how important the structure is. You can have ideas and you can have money, but if the structure isn’t right, if everybody at design and management and marketing and sales isn’t in the same key, it’s not going to work.” Raf Simons speaking to Gert Jonkers, editor of Fantastic Man, for Issue No. 14, Autumn and Winter 2011
“Perfectionism is almost an illness with me, but sometimes I have moments where everything is absolutely clear and you can feel, rather than think.” Tom Ford, speaking in Visionaries, a new documentary which airs on the Oprah Winfrey Channel on 23 October, 2011
“Private equity is about financial engineering, and that model is very difficult to apply to fashion and luxury, when it can take 30 years to really build a brand. It’s very stressful on a company to keep going through” the break-ups and new make-ups that are involved with continual changes of ownership. Tamara Mellon, President and Chief Creative Officer of Jimmy Choo, speaking to Vanessa Friedman of the Financial Times, following
“With all the new media outlets out there, with all the noise, a voice of authority and calm like Vogue becomes more important than ever. The more eyes on fashion, the more opinions about fashion, the more exploration of fashion around the world, the better it is for Vogue. Vogue is like Nike or Coca-Cola—this huge global brand. I want to enhance it, I want to protect it, and I want it to be part of the conversation.” Anna
PARIS, France – The process of writing this season’s wrap-up left a somewhat bitter taste in my mouth. Looking back, several of the most salient themes from this round of fashion weeks involve unsavoury behaviour, gossip and highly unprofessional comments from some of the industry’s most important figures. Whether it was John Galliano’s inexcusable anti-Semitic rant captured on video for the whole world to watch, the scrum of
“The key to my success in Japan has been the sheer love and enthusiasm of going there…I was immediately willing to go two, three, four times a year. I had to understand how it was all working…immersing myself in the Japanese way.” Paul Smith, speaking to the UKTI about how to do good business in Japan, where Mr. Smith has built a retail network of more than 200 stores, now constituting the lion’s share of a
Today, BoF exclusively brings you Savigny Partners’ blow-by-blow analysis of the rapidly shifting luxury fashion business model which is undergoing transformation due to underlying shifts in consumer values, technology and globalisation LONDON, United Kingdom — Luxury fashion is a very exciting business which can generate substantial returns if you get the formula right. Not only is there the ability to charge up to ten times
“At Cloak I was doing production, I was doing business, I was doing financing. It kind of killed me, actually. I was doing very little designing. The key thing at Versace was that I just got to design; it got the juices flowing again. Now, with my own collection, I get to design more, which is what I want to do. I don’t pretend to be a businessman. You have to be to a certain extent, but I also want to work with people who
“I think they are very beautiful objects. There is no touch of what is considered bad taste or bad design [with technology], because bad design is bad taste today. They are flawless in a way. Facebook is a flawless object...it's for me like a Brancusi" Karl Lagerfeld speaking exclusively to BoF Founder and Editor-in-Chief Imran Amed on technology for The Luxury Channel, following the IHT Heritage Luxury Conference hosted by Suzy Menkes and held in London last week.