Fashion Firm Loro Piana Eyes Future After Takeover

Loro Piana | Source: Loro Piana

MILAN, Italy — Loro Piana, an Italian luxury textiles maker and fashion house, is so particular about its materials that it bought its own natural reserve in the mountains of Peru to protect the vicuna, an endangered species that yields a precious wool.

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Succession Planning at LVMH

Delphine and Antoine Arnault | Source: Dior.com

PARIS, France — Two years ago, Bernard Arnault asked his son Antoine to run shoemaker Berluti, then this month he installed his daughter, Delphine, as executive vice president of Louis Vuitton. While her brief is to revive the handbag maker and Antoine’s task is to transform Berluti into a menswear titan, Arnault is auditioning both for another job: his own.

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Market Pulse | China Slowdown Casts a Cloud

Savigny Luxury Index April 2013 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) lost 1.5 percent in April, underperforming the MSCI World Index (“MSCI”) by almost two percentage points. Luxury spending in Europe has been hit by a drop in tourist demand, as well as price increases by brands seeking wider margins. The unusually cold weather, particularly in March, also contributed to weak demand for Spring/Summer ready-to-wear collections.

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Dior Plans Encore Haute Couture Show in Shanghai

Dior Spring 2013 Haute Couture | Photo: The Business of Fashion

PARIS, France — For the first time since Raf Simons took the creative helm at Dior, the French fashion house is bringing its Haute Couture show to China, with an event to be held in Shanghai on March 30. The show will be a repeat outing of the Spring 2013 Haute Couture collection that was first presented in January during Paris Couture Week and marks the second couture show in China for Dior, which presented its Spring 2012 Haute

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Market Pulse | Staying the Course

Savigny Luxury Index February 2013 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 2.7 percent in February, underperforming the MSCI World Index (“MSCI”) by over one percentage point. The SLI lost ground at the beginning of the month following the questions raised on sector growth by LVMH’s annual results announcement. Big news • Most analysts felt that LVMH’s organic growth numbers for 2012 were a bit lower than expected. This, combined with Mr.

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As LVMH Sales Growth Slows, Will Bernard Arnault go on a Buying Spree?

Bernard Arnault | Source: Courtesy Photo

PARIS, France – LVMH Moet Hennessy Louis Vuitton SA is poised to pursue a takeover as revenue growth, led by sales of its eponymous handbags, slows the most in four years. The $87 billion company could go after Burberry Group Plc, the U.K.’s biggest luxury-goods producer or Tiffany & Co., the New York-based jeweler, according to luxury industry analysts.

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Belgian shield for LVMH, The Milan Plan, Mobile China, Benetton ads, Iris Van Herpen

Bernard Arnault at Louis Vuitton | Source: FT

Arnault says Belgian move can shield LVMH (FT) “The head of LVMH has been accused by the media in his homeland of wanting Belgian nationality to escape President François Hollande’s higher French taxes but he has repeatedly insisted that he ‘is and will remain fiscally domiciled in France’.” The Milan Plan (China Daily) “The scene is familiar enough – an army of buyers, journalists, celebrities

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Branding Dita, Radical LVMH rumours, Reinventing retail, Couture maestro, Androgynous models

Dita Von Teese by Emily Berl | Source: NY Times

The Branding of Dita Von Teese (NY Times) “Certainly she has bewitched the fashion world, gathering admirers like Christian Louboutin, Marc Jacobs (whose front row she has graced) and Jean Paul Gaultier, on whose runway she once performed an exotically elegant strip tease. She has appeared in a MAC cosmetics Viva Glam campaign. Her act, provocative in an airbrushed sort of way, has emboldened Cointreau, the upscale spirits

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Marc’s optical illusions, Mispelaere exits DVF, Arnault shake up, Virtual models, Legal accessory

Marc Jacobs Spring/Summer 2013 | Source: NY Times

Marc Jacobs: Optical Allusions (IHT) “The Jacobs theory is to take an opposing stand: Whatever he did last season — layered, textured outfits with romantic big fur hats — goes into reverse for the next collection.” Yvan Mispelaere leaves Diane von Furstenberg (Telegraph) “French-born Mispelaere, who began his tenure at the DVF in April 2010, announced his unexpected departure just 48 hours after showing his last

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