Market Pulse | The Luxury Consumer Is Back

| Market Pulse

Savigny Luxury Index March 2011 | Source: Savigny Partners

LONDON, United Kingdom — This month’s Market Pulse shows a continuing upward trend for luxury and fashion stocks versus the MSCI World market benchmark, erasing any lingering doubts about the return of the luxury consumer. Big news • Luxury brands have had an excellent start to the year reporting strong Q1 results. Double digit sales growth has been fuelled by continued strong growth in China and economic recovery in the US

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Rousteing in at Balmain, Savile Row’s royal role, Cutting costs sustainably, Coach profit soars, Q&A: Sozzani

| Daily Digest

Olivier Rousteing | Source: Fashionologie

Olivier Rousteing Named New Designer at Balmain (T Magazine) “The new era at Paris’s sex-charged fashion house Balmain is beginning to take shape, with Olivier Rousteing being tapped as the label’s new designer. Rousteing, who joined Balmain in 2009 and is currently in charge of women’s wear.” Savile Row tailors on dressing the royal groom (Telegraph) “Last week, David Cameron briefly stole the limelight from Kate

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Equity looks to fashion, Coach moves production, Sustaining success, Selfridges’ talent, Westwood extravaganza

| Daily Digest

Fashionista.com | Source: Fashionista

Equity turns fashionable (Fashion United) “Investing in something more than a covetable wardrobe is turning to be a trend that arrived to stay. Even more equity and investment firms are looking for opportunities to enter the fashion business, which is proving to be resilient to crisis and financial turmoils.” Coach to Move Production From China (WSJ) “Leather-goods maker Coach plans to gradually move some

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Couture time, Asia’s thirst for luxury, Coach cost pressure, Pakistani fashion, Tod’s colossal Colosseum project

| Daily Digest

Christian Dior Couture 2011 | Source: Style.com

And Now Couture (On the Runway) “Not even 24 hours after the Paris men’s shows had ended they were a dim memory. The women had moved in for the spring haute couture shows, like a temperance league.” Asian shoppers thirst for luxury (BBC) “So many times in the past few decades, the insatiable appetite of the Americans [helped the world out of recession]… But if China’s emerging class of consumers put

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Lanvin’s fast fashion couture, Coach conquers Europe, Footwear News power list, Uniqlo sales dip, WWD at 100

| Daily Digest

H&M Champs Elysées | Source: Superfuture

Fast Fashion Meets Couture in Paris (IHT) “H&M has a particular reason to welcome the [Lanvin] collection to Paris: a new 2,800-square meter… store on the Champs-Élysées, designed by the French architect Jean Nouvel — the first time a ‘fast fashion’ chain has followed the architectural route.” Coach Gallops Into Europe (IHT) “Mr. Frankfort, chairman and CEO of the American accessories

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