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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China’s First Lady Sparks Frenzy Over Local Label

Source: Associated Press

BEIJING, China — New Chinese first lady Peng Liyuan's choice of attire has sparked a flurry of excitement over an independent homegrown label, an unusual phenomenon in a country where political figures are more frumpy than fashionable and wives usually shy away from the spotlight.

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Led by China, New Markets to Continue to Drive Luxury Growth, Says Report

Prada Store in Chengdu, China | Source: Prada

The European luxury goods sector will continue to expand over the next five years at 6-7 percent, with the majority of growth driven by consumers from new markets, revealing just how dependent the sector has become on emerging economies.

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Redcats sale near, Prada exodus, Consumer confidence in China, Tiger burning, Tim Walker

Puma shipping container store | Source: Gliving

PPR nears sale of Redcats catalogue arm (FT) “PPR is to announce the sale of all or part of its Redcats catalogue business before the end of the month, moving closer to its goal of becoming a pure clothing and accessories company.” Third of Prada managers leave after IPO (FT) “Prada the Italian luxury goods group, lost a third of its top managers in the nine months following its initial public offering last year

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Market Pulse | Back in the Tourist Business

Savigny Luxury Index August 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 5.5 percent in August, outperforming the benchmark MSCI World Index (“MSCI”) by over four percentage points.  Strong results by sector leaders confirmed continued growth in Asia and increased tourist spending in Europe, thanks in part to a weaker euro. Big news Richemont, Hermès, Prada, Tod’s, Michael Kors and Ferragamo all confirmed a healthy outlook for 2012, driven

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Market Pulse | Same Story, Different Month

Savigny Luxury Index June 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) inched up 1.0 percent in June, relative to an uplift of 2.8 percent in the benchmark MSCI World Index (“MSCI”).  Newsflow from China continued to worry investors and sector results, although strong, did show signs of a slowdown in growth over the last few months. Big news China’s growth rate slowed for a sixth consecutive quarter to its slackest pace in over three years

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Lunch with Stella, China’s stylish side, Russian renaissance, Bargain hunters, Kuethe for Kate Spade

Chinese magazines by Sim Chi Yin | Source: NY Times

Lunch with Stella McCartney (FT) “Even for someone as competitively normal as Stella McCartney, who somehow manages to take the position that – despite her status as a 40-year-old international fashion brand/Olympic outfitter/daughter of a Beatle/friend of Madonna, Gwyneth, Cameron et al/mother of four – she is Just Like Everyone Else, this seems to be going to extremes.” The Stylish Side of China (NY Times) “Ms.

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Monetising in 2020, High Street brands in China, H&M sales rise, Most wanted, L.A. state of mind

Google London office | Source: Doseng

How Will The Web Monetize In 2020? (TechCrunch) “The web is on the cusp of massive change: By 2020, the number of global internet users is expected to quadruple to 4 billion, and most of these new users will come online using multiple devices.” High Street fashion brands look to China for profits (BBC News) “Luxury labels have thrived in China and now their cheaper High Street counterparts are betting that young,

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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

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