Chanel growing old, Chinese spending power, Macy’s posts gains, The laws of fashion, Angela Ahrendts cashes in

Angela Ahrendts | Source: The Guardian

Chanel’s luxury dream is turning to dust (Marketing Week) “According to the company’s 2010 estimates… [Chanel] lost 11% of its brand value over the past 12 months. It’s a rare glimpse into the actual state of Chanel’s brand health.” Chinese spending power underestimated, study says (Market Watch) “Chinese households have far more money than previously thought… property companies and even European

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What Fashion Brands Can Learn from Nike

NEW YORK, United States — Fashion brands are finally getting serious about digital media. But so far, their strategies have mostly focused on marketing and communications initiatives like interactive advertising campaigns, fashion films and live-streamed runway shows. Integrating digital technology into the core product offering remains a largely unexploited area of opportunity. Here, fashion companies can learn a lot from one of the world’s most digitally innovative brands: global sportswear giant Nike. Last month, to coincide with the start of the FIFA World Cup, Nike launched a three-minute film called “Write the Future”, featuring football superstars like Wayne Rooney and Didier Drogba. According to web video analytics company Visible Measures “Write the Future” clocked a record 7.8 million online views…

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Nordstrom Rack hits NYC, Jane Shepherdson’s magic touch, More than clicks, Designer dreams, Cruisin’ with Karl

Nordstrom Rack Campaign Spring/Summer 2010 | Source: Nordstom

Discount Store Is New York Beachhead for Nordstrom (NY Times) “After more than a century, Nordstrom, the upscale department store chain from Seattle, will make its Manhattan debut… But don’t expect $4,000 dresses. Expect 25,000 pairs of discounted shoes, and an automated checkout line more at home in a supermarket than a purveyor of luxury goods.” Jane Shepherdson: why we want what she’s wearing (Times Online)

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Gauging Gilt’s impact, Chanel to finally sell online, Herrera holds hope for luxury, Andam prize grows, LFW preview

Christian Louboutin, Picture Hanna Whitaker | Source: NY Magazine

What’s a Dress Worth? (NY Magazine) “The online retailer Gilt Groupe offers a great deal: Buy designer clothes at deep discounts. But is it good or bad for fashion?” Chanel to sell goods online (Marketing) “Chanel is to begin selling products directly through its website later this year in a landmark decision likely to be followed by rival luxury brands.” Carolina Herrera Sees Signs of Life in Luxury (WSJ)

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More closures for Seibu, US confidence rises, Berlin booms, The royal treatment, Couture’s strange beauty

Seibu Yurakucho | Source: theworldmodspb

Seven & I to Shut Seibu Department Store on Sales (Bloomberg) “Seven & I Holdings Co., Japan’s largest retailer, will shut a Seibu outlet on Dec. 25, its third department-store closure in two years as demand slumps for clothes and luxury goods… Department store operators Isetan Mitsukoshi Holdings Ltd. and J. Front Retailing Co. have also shut stores amid falling wages and rising job losses.” U.S. consumer

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Chanel Learns to Think Like a Media Company

“Vol de Jour” by Karl Lagerfeld | Source: Chanel.com

NEW YORK, United States — In recent seasons, while a deep economic downturn has threatened the long-term survival of many magazines, a number of major fashion brands have been creating their own editorial content, and perhaps no brand has done more of this than Chanel. Back in November, Olivier Zahm posted an image of several layouts from 31 Rue Cambon, announcing “the first Chanel magazine which I have art directed and

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Permira holds Boss, Chanel wins suit, Vuitton’s new ads, Recession’s reality on Rodeo, Christmas trading

Rodeo Drive | Source: Shutterstock

Permira to keep Hugo Boss, ProSieben for years (Reuters) “Permira doesn’t plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company told Reuters.” Chanel wins counterfeit case but is forced to pay damages (Telegraph) “A seamstress who took Chanel to court for stealing her small firm’s crochet pattern has lost her

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Mittal saves Escada, Victoria’s Secret to Europe, Upmarket eBay, Asia boosts Hermès, Chanel goes to court

Megha Mittal to buy luxury fashion house Escada (Reuters) “‘Today the insolvency administrator of ESCADA AG signed a sale and transfer agreement with one of the Mittal Family Trusts,’ the company said in a statement late on Thursday after the preliminary creditors’ committee approved the deal.” Victoria’s Secret unveils plans for launch in UK and Europe (Retail Week) “US fashion and beauty giant

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Copycat Culture | The Shape of Things

Chanel No. 5 | Source: Chanel

BRUSSELS, Belgium — Sometimes, a mere glimpse of a product’s silhouette is enough to tell which designer or fashion house created it: the Chanel No 5 perfume bottle, the toe of a Berluti shoe, the unique shape of the Fendi baguette. Today, there is renewed interest in these kinds of classic products as shape and design have made a return in making a product desirable, especially now when consumers don’t want their

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