Tag archives
9 February, 2011 | by BoF Team

BoF Daily Digest | Less is more, Mulberry Men’s, Asia inspires aesthetics, Superdry’s retail superboost, Anya’s record year

Tom Ford's Spring/Summer 2011 presentation | Source: Nitrolicious

‘Less Is More’ Is Mattering Most (NY Times)
“‘Why would you want to spend hundreds of thousands on a show when everybody’s on their BlackBerry and the clothes seem secondary… Intimacy, exclusivity and a chance to see the clothes: those are our priorities. We like exposure, but we want a more controlled exposure.’”

Mulberry designer Emma Hill has men’s accessories in the bag (The Australian)
“After a decade-long obsession with women’s ‘it’ bags, could men’s bags become the next powerhouse sellers for luxury brands? The likes of Brioni, Tom Ford and Zegna have recognised… an emerging market for men’s accessories.”

Leading China’s voguish revolution (Telegraph)
“China is shaping commerce, but Asia as a whole is inspiring aesthetics. There has been an ongoing East/West dialogue in fashion since Poiret in the Twenties, but it is again taking hold of the imagination in a manner not seen since the late Eighties.”

Supergroup’s rapid expansion boosts sales (FT)
“The ever-growing popularity of Superdry branded T-shirts, hooded sweatshirts and jackets helped Supergroup nearly double its retail sales in the third quarter. Supergroup, which owns the Superdry… said sales at its retail division grew by 92 per cent to £61.4m.”

Anya Hindmarch announces record year (Telegraph)
“Anya Hindmarch, Britain’s ‘handbag queen’ and one of the Prime Minister’s business ambassadors, has announced record 2010 results for her luxury own name brand, and further growth and expansion in 2011.”

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22 November, 2010 | by BoF Team

BoF Daily Digest | Anya Hindmarch’s dreams, Personalising the future, A tailored approach, Black Friday creep, Why Kate matters

Anya Hindmarch Cooper Tote | Source: Purseblog

Dreaming of Clasps and Tassels (WSJ)
“Handbag designer Anya Hindmarch designs in her sleep—literally. Some of her best-selling ideas come in the early hours of light sleep at her London townhouse, when a dream culminates in an image of a bag, shoe or detail like a clasp or tassel.”

The Future Will Be Personalized (Tech Crunch)
“Today, we live in a world where we’re constantly overwhelmed by information. There are over 90M tweets per day, 34 hours of YouTube video uploaded every minute, and every Facebook user has an average of 130 friends.”

Luxury Brands Tailoring Approach to the Web (IHT)
“‘The tools are there now to create the same luxurious atmosphere that you have in a shop… You can come up with beautiful sites that are not just beautiful but also functional.’”

Black Friday Creeps Into Thanksgiving (WSJ)
“Thanksgiving Day was long considered a commercial-free zone… But an increasing number of stores are getting a jump on the Friday shopping hordes by opening on Thanksgiving.”

What Kate wears and why it matters (FT)
“What Kate Middleton wears on her wedding day does matter. And not just because it will give a lucrative boost to some designer, but because the royal family – especially the one who is going to become a king… is one of the few pure symbols we have left.”

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15 April, 2010 | by BoF Team

BoF Daily Digest | A profitable Posen, Boutique by Jaeger, Anya Hindmarch for Barbour, Saillard looks back, Primark overvalued?

Zac Posen for Target Spring/Summer 2010 | Source: Refinery 29

Zac Posen for Target Spring/Summer 2010 | Source: Refinery 29

Mom, I’ll Make a Profit Soon (WSJ)
“Mrs. Posen has been pressing for more attention to the commercial side—as opposed to the artistic side—of fashion. The company has added new lines, shed expenses and employees, and even moved some production from Italy to China to save money.”

Jaeger targets younger shoppers (FT)
“Boutique by Jaeger aims to compete with high street stores such as Whistles, Reiss and All Saints, but also with diffusion ranges from upmarket designers such as Marc by Marc Jacobs and See by Chloé.”

Anya Hindmarch designs a collection of coats for Barbour (Telegraph)
“Hindmarch, who launched her own label at the age of 19, in 1993, has created four exclusive designs for Barbour’s autumn/winter 2010 collection.”

Seventies Chic, Eighties Excess—Here’s Where It All Started (Style.com)
“Saillard’s latest show presents ‘an ideal history of contemporary fashion’ of the seventies and eighties, seen through films of the era’s shows and television reports.”

Primark owner’s shares fall after City criticism of fast-fashion chain (Telegraph)
“Primark has long been held up as the retail success story of the millennium, but yesterday the fast-fashion chain suffered a rare piece of City criticism when analysts at Deutsche Bank suggested it was overvalued.”

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27 May, 2007 | by Imran Amed, Editor

Links of the week: Ethical plastic, Tom Ford, and Rodnik for HBS

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Thisismoney.co.uk: Exposed: I am not an Ethical Bag and Susie Bubble: I am not a Smug Twat
The Anya Hindmarch "I am not a Plastic Bag" PR catastrophe got worse when it was revealed that the bags were made in China and probably cost a carbon fooprint fortune to get them over to the UK. Now, in an even funnier twist, Susie Bubble has photos of ripoff bags m0cking the buyers of those bags, saying "I am not a smug twat" on sale for £19, but currently sold out. Certainly not the expected turn of events for Sainsbury’s, or Anya Hindmarch, or most upsettingly, for the genuine campaigners for ethical and socially responsible consumption. BoF first discussed this issue back when a horde of desparate shoppers queued up my street, clamouring for the bags on weekday morning.

New York Magazine: Tom Ford After Sex
Another article on Tom Ford (he’s clearly got PR under control) this time from New York Magazine. If you want to get into the psyche of the man himself, this article will help you get there.

Financial Times, Style: Models of a Financial Kind
You’ve heard of Roland Mouret for Gap and Giles Deacon for New Look, but now its Rodnik for HBS. Back in the Autumn, I talked to Rich and Phil of Rodnik about designing a t-shirt for the 5th year reunion of my business school class. They have woven this into their latest Financial Times column on the Adventures of Fashion.

© 2007 Copyright Imran Amed – The Business of Fashion.


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21 March, 2007 | by Imran Amed, Editor

Anya Hindmarch: This is not a Plastic Bag

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Yesterday, as I was picking up my regular morning cappucino from Ottolenghi (the best espresso in Notting Hill), I was surprised to see literally hundreds of people queuing all the way down Ledbury Road, waiting in anticipation for the latest batch of Anya Hindmarch "I am not a Plastic Bag" bags to go on sale. While Ledbury Road is often buzzing on weekends, it is usually quiet during the week, giving Notting Hill the village-like charm that it is famous for. I had read on the Vogue site that morning that these bags were being released, but I never expected people to be so desperate for the bags that they would wait outside on a cold weekday morning for hours on end.  I guess that fact that Lily Cole, Keira Knightly, Lilly Allen and others have been spotted with these bags of late has something to do with the pent-up demand.

On the surface, from a business and marketing perspective, the exercise appears to be great for the Anya Hindmarch brand, which is not terribly well known outside of fashion circles. By partnering with Sainsbury’s to widely distribute the bags later in April, she would appear to be building brand awareness with a new audience of customers who would have found her regular collection of bags out of their price range.  That said, the company claims that they had no idea that the bags would be in such demand, that this was not some clever marketing exercise, and that they really wanted to focus on the environment as a key concern for the British public.

Taking the company’s claims at face value and with a pinch of salt, lets evaluate the potential for success on both of these aims anyway, i.e.  1. creating awareness of the Anya Hindmarch brand and 2. creating awareness of environmental issues.

First, yes, there will be more awareness of Ms. Hindmarch’s brand, but it seems that it will be with customers who can’t afford her regular bags. So, how will she monetise and cash in on this awareness? She certainly isn’t making any money on the £5 bags themselves.  Having hundreds of people show up at Harvey Nichols and Harrods and Ledbury Rd to buy a £5 bag is one thing, but how will she take that first interaction with these customers and extend it into a meaningful relationship that will create revenues down the road? Furthermore, since an environmental position is not a core part of the Hindmarch brand’s DNA, the effort in and of itself doesn’t seem feel authentic, as it would for high-end enviro-conscious brands like Noir or Edun.

Second, if this was an aim to increase general environmental awareness, by using celebrities and ‘fashion’, Ms. Hindmarch has only served to attract fickle customers who just want what’s perceived to be hip.  They are not necessarily buying into the environmental movement (even after buying the bags they probably still haven’t heard of An Inconvenient Truth, the Kyoto Protocol or Carbon trading). Rather, they are likely just buying into yet another trend that will one day fade when the next trendy ‘it’ item comes along. Just the fact that people were spending £200+ on these bags on Ebay shows that many consumers are missing the supposed point altogether. It still remains to be seen whether people actually continue to use the bags instead of plastic bags once the hip factor has worn off.

To be honest, I found this whole "not a plastic bag" initiative quite confusing. It is important that companies think carefully about what the specific purpose of each  activity is, to be sure that it aligns with their overall strategy and to ensure they execute on it well. The Hindmarch company has potentially made several mistakes that could have negative impact over the longer term. The "We are What We Do" charity that partnered with Hindmarch on the initiative is publicly stating that they are unhappy with how some things have turned out, especially with regards to the bags selling on Ebay, which is a direct result of marketing the bag like a fashion item.  For the broader public, its just another high-street fashion collaboration of disposable fashion a la Giles for New Look, Proenza Schouler for Target, and Stella McCartney for H&M: here today, gone tomorrow. If only environmental issues and the problems that they could bring for all of us were as simple as that.

This calls into question the credibilty of Hindmarch’s environmental aims and certainly takes away some of the halo effect of the initiative.  By treating this bag like any other fashion item, Hindmarch created a buzz that might be helpful for a Dior saddlebag, but which seems stupid for a canvas bag trying to send an environmental message. (Maybe they weren’t really worred about sending the environmental message at all?) This in turn has resulted in some negative press about the bags on the BBC and some blog sites questioning the real eco-friendliness of the bags. Real environmentalists are finding this all laughable and it could turn them off the brand completely.

As far as I see it, the only things that Hindmarch has successfully done is to create brand awareness amongst a customer base that could never afford her products and create buzz about a product in the same way as every other "it" item, allowing smart Ebayers to capitalise on the buzz while the Charity partner looks on and wonders what went wrong, and why the money being made is not going towards the cause that the whole things was supposed to be about.

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