PARIS, France — Whether it is private financing or takeovers by major luxury groups like LVMH, the latest trend in fashion is to find a promising niche label that has no history but plenty of imagination.
LONDON, United Kingdom — The Savigny Luxury Index (SLI) gained 2.8 percent in January, outperforming the MSCI World Index (MSCI) by a touch over 1 percent. Positive economic news coming out of China sent the SLI into a mini-rally at the beginning of the month, however mixed corporate results announcements took some of the wind out of its sails. From a mergers and acquisitions perspective though, the year has started off with a
What to Make of PPR’s Christopher Kane Investment (Analysis) “But fast forward a few more years and today, both Stella McCartney and Alexander McQueen have grown into medium-sized businesses with over €100 million in annual revenue each by pursuing business models that fit, respectively, with their unique brand DNAs.” Finding Your M.O. | Part 14: Going Corporate (Education) “As in life, the time comes when every
French luxury conglomerate PPR’s announcement, earlier today, that it has acquired a 51 percent stake in emerging London label Christopher Kane is particularly significant. Indeed, it’s been a very long time since a major luxury group has taken a majority stake in a young designer fashion brand.
PPR buys 51 per cent stake in Christopher Kane (Telegraph) “Following on from rumours which surfaced in November , the luxury conglomerate PPR has today confirmed that it has bought a 51 per cent stake in the business of London Fashion Week label Christopher Kane.” Net-A-Porter sees sales increase by 55 per cent (Telegraph) “Net-A-Porter, the online luxury fashion destination, experienced a 55 per cent rise in
LONDON, United Kingdom — Neither the Savigny Luxury Index (“SLI”) nor the MSCI World Index (“MSCI”) saw much activity during the month of December, finishing up 0.5 and 1 percent, respectively. Big news US shoppers were rather subdued in their purchases over the holiday season, causing all the US components of our SLI to fall immediately after Christmas, and then gradually catching up. PPR unveiled its first China-focused
H&M to launch new concept stores in Spring (Reuters) “World number two fashion retailer Hennes & Mauritz will launch an eagerly-awaited new chain of stores targeting women shoppers in the Spring, it said on Wednesday.” Jason Wu’s New Contemporary Label Miss Wu Is Already a Hit (Daily Beast) “Miss Wu is a departure for the designer, now 30, who emigrated from Taiwan at age 9, launched his namesake label in
LONDON, United Kingdom — Are we talking about London Fashion Week or a festival of childish self-indulgence? For me, fashion design is about cut, shape, body and proportion, as it always has been. But sadly, many of the recent London shows featured banal shapes hidden under a riot of digitally created patterns, sometimes in the crudest of colours. Just imagine if there was an embargo on the use of colour and pattern and designers
LONDON, United Kingdom — London Fashion Week, which concluded on Tuesday evening, has become known for its directional designers and digital prints. Along with our favourite roving backstage photographer, Morgan O’Donovan, we’ve selected ten memorable fashion moments from the London collections. Morgan O’Donovan is a contributing photographer at The Business of Fashion