Colin’s Column | Paris Couture Week, Continued

PARIS, France — The weather was vile, the taxi shortage extreme. The gutters ran with filthy water from melting snow. We slid and slithered in ankle deep slush. In short, Paris was not at its best. But this was Couture Week (well, three days, which is symptomatic of how fashion ‘weeks’ have shrunk, but old habits — and titles — die hard in fashion circles) and we felt privileged to be there. But is everything shown in Paris during

…Continue Reading

Tight belts in Italy, Cyber Monday, Mulberry strategy, Moncler image, Acclaimed Erdem

Versace Autumn/Winter 2012 | Source: Hypebeast

Tight belts take edge off Italian luxury (FT) “Italians have long balked at paying full price for the luxury goods they consider to be their birthright. But as austerity measures hit hard in the home of Prada, Versace and Armani, the quest for bargains and invitations to warehouse sales with rock-bottom prices has reached a new level of frenzy.” Online shoppers ready for busiest day (FT) “Online retailers are

…Continue Reading

Market Pulse | Worry in China, Drama in Europe Weigh on Luxury Sector

Savigny Luxury Index June 2012 | Source: Savigny Partners

LONDON, United Kingdom —  The Savigny Luxury Index (“SLI”) fell 4.2 percent in June, relative to an uplift of 4.0 percent in the benchmark MSCI World Index (“MSCI”).  Worrying news out of China, the continued drama of the European debt crisis and downward revisions in growth estimates for 2012 caused the sector to go out of favour. Big news The month started off with a bang: China announced a slowdown in its factory output for the

…Continue Reading

Latest Articles