LVMH scores stake in Hermès, Condé Nast Digital loses Style.com, Digital tools, Web traffic leaders, Obama effect

Hermès belt detail | Source: Hollyscoop

LVMH `Playing a Waiting Game’ for Hermès Takeover (Bloomberg) “[LVMH said] it doesn’t intend to launch a tender offer, take control or seek board representation at the maker of Birkin bags after announcing it owns 14.2 percent of Paris-based Hermès, with the option to increase the stake to 17.1 percent.” Conde Nast Digital Loses Style.com (WSJ) “Conde Nast executives say the move is a natural pairing of two

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Nordstrom innovates, Emerging fashion, American Apparel warned, Content is king, Condé Nast courts India

Laura Theiss Autumn/Winter 2010, at Début | Source: Début New York

Nordstrom Links Online Inventory to Real World (NY Times) “The company wove in individual stores’ inventory to the Web site, so that essentially all of the stores were also acting as warehouses for online. Results were immediate… It also means that inventory is moving faster, and often at higher prices.” The Demand for Emerging Fashion: Part I (Huffington Post) “[The first trend] noticed was brand exhaustion

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BoF Exclusive | Jonathan Newhouse on the Future of Fashion Media

Jonathan Newhouse, Chairman of Condé Nast International | Source: Condé Nast

LONDON, United Kingdom — At the recent FT Business of Luxury Summit in Los Angeles, business leaders from the luxury sector and beyond gathered to discuss the official theme ‘The Medium and the Message.” But in truth, the official content is inevitably a mixed bag, even if there are always some great nuggets to take away as well. Some of the best exchanges and learnings happen off-piste. This year I was fortunate to

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H&M sales disappoint, LFW looks forward, Condé Nast prepares for cuts, Leibovitz for LV, Luxury and social media

Jimmy Choo for H&M, courtesy of H&M

H&M August sales disappoint (FT) “Hennes & Mauritz, the world’s third-biggest clothing retailer by sales, on Thursday announced a 4 per cent increase in third-quarter earnings but August sales were worse than expected.” Eye on London: Fashion Week at a Turning Point (WSJ) “A three-year, $6.9 million funding package from the London Development Agency has helped fund the British Fashion Council’s

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Leibovitz in limbo, Murjani’s move, Condé Nast crackdown, Prada’s transformer, H&M July sales disappoint

Annie Liebovitz, courtesty of Seattle Arts and Lectures

How Could This Happen to Annie Leibovitz? (New York Magazine) Annie Leibovitz’s “debts now total a staggering $24 million, consolidated with one lender with whom she is engaged in a lawsuit and due in September.” Murjanis seen recasting fashion assets in India (Economic Times) “The Murjanis have decided to exit the luxury space and stay focused on the super-premium segment after bearing the brunt of the

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men.style Break-up, September ad pages plummet, Discounting to 2010, US copyright law, Escada raises funds

men.style.com

Conde Nast Says Goodbye to Men.Style.com, Hello to GQ.com, Details.com (Ad Age) “Conde Nast will shut down one of its web-only brands, Men.Style.com, when it gives two of its titles, GQ and Details, their own websites in October.” September Ad-Page Tallies Plunge (Ad Age) “Is September now the cruelest month? It may very well be for fashion and beauty titles this year. The final tallies for those crucial issues

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Portfolio fails, Biba does Topshop, Ethical design, Forever 21 goes to Japan, Stitsh combines retail with cool

Portfolio cover April 09, courtesy of Portfolio

Conde Nast Shutters Portfolio. Why It Failed (Businessweek) “Conde Nast Portfolio, the very big and glossy bet on a monthly business magazine made by the very big and glossy magazine company touted in its title, was shuttered today.” Biba’s Queen is back in London (Telegraph) “Biba’s creator, Barbara Hulanicki, is back in London with a new range for Topshop.” Ethical fashion design competition

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Calvin Klein underwear, Conde Nast’s ugly January, Retailer’s scrutiny, Grim December

Condé Nast's magazines, photo courtesy of the New York Times

Calvin Klein and the underwear revolution (Ponystep) Ponystep pays homage to Calvin Klein, the undisputed king of underwear. Prominent Magazines Lose Weight, Shedding Nearly Half Their Ads (New York Times) “It was an ugly January not just for Allure, but also for Condé Nast magazines in general.” The Coming Fallout: Who’s Vulnerable? (WWD) Due to the triple threat of recession, tight credit market, and low

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