Louis Vuitton, Shenzhen, China | Source: Richards BasmajianLONDON, United Kingdom — Louis Vuitton is losing ground as the world’s most valuable luxury brand as competitors including Gucci and Prada gain, a new research report shows.
A Gucci store in Beijing | Source: ShutterstockContrary to numerous reports, broad changes in Chinese consumer behaviour and sentiment — not the country’s much publicised anti-extravagance campaign — are the likely causes of China’s luxury slowdown, says Anne Zhang, a reporter for Chinese business magazine CBNweekly.
Savigny Luxury Index November 2012 | Source: Savigny PartnersLONDON, United Kingdom — The Savigny Luxury Index (‘SLI’) increased by almost 3 percent in November, while the MSCI World Index (‘MSCI’) slipped nearly 1 percent for the month. From mid-November, global markets and the SLI enjoyed a strong rally on better economic news from China and hopes that the US might avoid the feared fiscal cliff. Big news A flurry of positive economic newsflow has lifted investors’
NEW YORK, United States — What makes a successful fashion film? Is it a strong visual concept? Content that can be quickly parsed? A savvy distribution strategy? Humour? Provocation? A famous model or a catchy soundtrack? Creating compelling fashion videos has always been more art than science. But as we set about compiling our ranking of this season’s best films, we saw some interesting commonalities. While Cartier’s 3-minute CGI
Jason Wu | Source: Design SceneA Silk Road (Montecristo) “At the time, perhaps Ms. Kauffman didn’t realize she was grooming the young man to become one of the most successful young fashion designers of this decade. Already, at only 29 years old, Wu has established his own eponymous private fashion label; been a finalist in the Council of Fashion Designers in America (CFDA)/Vogue Fashion Fund in 2008; and dressed countless celebrities and starlets for
