Gucci Spring/Summer 2011 Campaign | Source: Fashion Fame

The reasons behind the major shake up at Gucci Group (CPP Luxury)
“International media as well as major luxury players have been taken by surprise this week by several major changes within PPR/Gucci Group and it seems this is just the beginning…. Francois Henri Pinault has radically changed management… responding fast to market conditions.”

Dropping Galliano lets Dior open new chapter (Reuters)
“Behind the scenes, Dior is telling industry watchers it is glad Galliano is gone, as it wanted to move away from his theatrical style and embrace a more subtle and refined elegance to better reflects post-economic crisis society. ‘This could be a driver for positive change, which is what Dior itself was looking for.’”

Balenciaga for Today (IHT)
“Mr. Ghesquière, who had gone punk and downtown last season, faced a difficult task. No longer the catwalk ingénue spicing up a house with a glorious past, he had to prove that he could move ahead within the spirit of the august founder. The designer’s process was via fabric, technique and cut.”

Hermès Annual Profit Jumps, Margins Exceed Forecast (Bloomberg)
“[Hermès] reported a surge in full-year earnings as improved confidence among wealthy customers boosted revenue. Operating profit jumped 44 percent to 668.2 million euros ($933 million)… Sales rose 25 percent to 2.4 billion euros and margins exceeded a forecast that Hermes raised last month.”

Thank goodness for Lady Gaga! (Telegraph)
Thank goodness for Lady Gaga! The bonkers blonde from New York has single-handedly rescued a week that on paper should be one of the high points of the entertainment calendar, but instead was fast becoming a car crash of disappointment… The party felt like a complete damp squib until the platinum blonde vision of Stefani Germanotta [arrived] making her catwalk debut at the Thierry Mugler show.”

Tommy Hilfiger Summer 2010 | Source: Tommy Hilfiger

Tommy Hilfiger Announces the Opening Champs Elysees Store (PR Newswire)
“The Champs Elysees store will serve as a true flagship for our brand in France and will further anchor our significant retail presence in Europe… It is an important milestone in our continued efforts to establish anchor stores in every major city around the world.”

Balderton invests $9m in My-wardrobe (FT)
“My-wardrobe is also looking to expand its appeal to customers outside of the UK, with a focus on France and Germany. Until now, the French market has been concentrated on online sales of discounted high-end clothes and accessories.”

The grown-up model comes of age (FT)
“Using older models in 2010 is less about the wow factor and more about reclaiming a generation. ‘Brands used to be obsessed with youth. Now they are realising that people in their forties are the customers and they’re addressing that.’”

Mittelmoda fashion awards in Italy (Telegraph)
“A fashion graduate from the National College of Art & Design, Dublin, and two MA graduates from London’s Royal College of Art, are among the prize-winners in the annual Mittelmoda.”

Dior Blooms Brightly (IHT)
“Backstage at Christian Dior, a simple pair of glasses transformed the show Monday into an extraordinary 3-D screen vision of women as flowers. Petals lapped their hips, colors were a hothouse explosion of vivid shades and skirts were shaped like the parrot tulips.”

Marion Cotillard in 'Lady Blue Shanghai' by David Lynch | Source: ladydior.com

Leading fashion brands entice China’s nouveau riche (Guardian)
“Thanks to its booming economy, numerous high-profile fashion houses have announced their intention to expand operations on the Chinese mainland… Burberry has confirmed that it will add 66 stores to its current 44 Chinese outlets by 2012.”

U.S. luxury brands may slow European growth (Reuters)
“European expansion plans for top U.S. luxury brands may stall in the short term over fears of a simmering debt crisis on the continent… fears over shrinking consumer demand would give these companies pause before opening new outlets.”

Full luxury recovery still fuzzy (Reuters)
“The world’s wealthiest consumers kept their taste for expensive goods through a global downturn, but their more middle-class compatriots still striving for the good life may take years to return, if ever.”

Oscar de la Renta on Live-streaming and Twitter (WWD)
“Oscar de la Renta is taking the plunge: On Monday at 1 p.m., the designer’s 2011 resort runway show will broadcast in real time on the company’s live-stream channel.”

Hubert de Givenchy: ‘It was always my dream to be a dress designer’ (Independent)
“Hubert de Givenchy is one of the last great masters of haute couture. In a rare interview, he tells Carola Long about craftsmanship – and his muse, Audrey Hepburn.”

Lanvin, Dior, and Paul Smith S/S 10, courtesy of men.style.com

Paris menswear week winds down with Dior, Lanvin (AP)
“The French capital’s spring-summer 2010 menswear displays wound down Sunday with a harder-than-usual silhouette from romantic label Lanvin, a retro rocker at British dandy Paul Smith and a sheer, shorn look at Dior Homme.”

ASOS says trading robust as profit doubles (Reuters)
“British Internet fashion retailer ASOS Plc posted an expected 93 percent rise in year profit and said current trading was robust, boosted by strong demand for jumpsuits, boyfriend blazers and marble wash denim.”

Why retailers are launching retro collections (FT)
“While fashion has been plundering its own history for years, these days it’s not just the designers who are having a renaissance. Designs of long-ago are, too.”

Ready to Wear: Is it fair to lambast such an innovative designer? (Guardian)
“Balenciaga’s Nicolas Ghesquière has once again came under scrutiny online as bloggers point out that a patchwork leather jacket from his 2010 resort collection shown in New York earlier this month bears an uncanny resemblance to a ‘parrot’ jacket, courtesy of East West Musical Instruments that operated in San Francisco during the Sixties and Seventies.”

After having checked out some of the more up-and-coming areas of L.A, it was time to visit the king and queen of luxury and fashion here: Rodeo Drive and Robertson Boulevard.

The most remarkable thing about both these streets is that the stores really are an extension of the brands themselves. In Paris, London and even New York, most brands are constrained by existing building facades and building codes which they must work around as they design their stores. In Los Angeles, it appears that the brands have complete freedom in design, and therefore, if done well, every aspect from the sparkling exteriors, the natural lighting, the size of logos outside the building, and even the dramatic entrances off the street are messages about the brand. It was truly impressive.

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