Photo Diary | NYFW, Day 3: Prabal Gurung, Alexander Wang, Tommy Hilfiger, Alexandre Hercovitch, Ostwald Helgason, Louise Goldin

Prabal Gurung A/W 2013 | Photo: Sonny Vandevelde

NEW YORK, United States — As New York Fashion Week kicks into gear, contributing photographer Sonny Vandevelde brings us backstage images from the Prabal Gurung, Alexander Wang, Tommy Hilfiger, Alexandre Hercovitch, Ostwald Helgason and Louise Goldin shows. Sonny Vandevelde is a contributing photographer at The Business of Fashion.

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Market Pulse | On Holidays

Savigny Luxury Index December 2012 | Source: Savigny Partners

LONDON, United Kingdom — Neither the Savigny Luxury Index (“SLI”) nor the MSCI World Index (“MSCI”) saw much activity during the month of December, finishing up 0.5 and 1 percent, respectively. Big news US shoppers were rather subdued in their purchases over the holiday season, causing all the US components of our SLI to fall immediately after Christmas, and then gradually catching up. PPR unveiled its first China-focused

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Waiting for Wang, Hugo Boss’ fast lane, D&G tax trial, Master of Couture, Chanel in Scotland

Hugo Boss Black Autumn/Winter 2012 | Source: Hugo Boss

Balenciaga Taps Alexander Wang (IHT) “Alexander Wang on Monday became the first designer of Asian descent to enter the highest ranks of Parisian high fashion when he was named creative director of the storied house of Balenciaga.” Hugo Boss dresses in the fast lane (FT) “In the four years he has been in charge Mr Lahrs has reduced development times for collections, moved from two to four collections per year and

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Queen of clean, Disposable designers, J Brand acquired, Going global, Wang in at Balenciaga

Jil Sander by Peter Lindbergh | Source: WSJ

The Queen of Clean (WSJ) “Sander is one of the few who has managed to return to her namesake company—not just once, but twice. ‘The first time I left was difficult,’ Sander admits. ‘But it was even more sad the second time. I sold my shares and cut completely.’ In her new setup, as creative director, Sander is an employee of a publicly traded company: She doesn’t own any shares; she does not sit

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