Spring/Summer 2011 | The Season That Was

LONDON, United Kingdom — One never knows exactly what to expect from fashion month. Which designers will soar higher, which will stumble, and which will seemingly rise from the ashes? Four weeks of shows, parties and extravaganzas finally came to an end last Wednesday, and the answers to many of these questions have now been revealed. But of course fashion week isn’t just about shows and parties, it is also the time of year

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In Ethical Fashion, Desirability is Sustainability

NEW YORK, United States — Over the past ten years, the eco-fashion movement has been gathering steam. Following the lead of pioneering brands like Stella McCartney and NOIR, which were founded on the basis of ethical principles near the turn of the millennium, there are now entire fashion exhibitions, forums and blogs all focused on so-called sustainable fashion. Ethical fashion is also high on the agenda of the major luxury goods groups. In April 2009, having already partnered with Stella McCartney to launch her eponymous label, PPR announced its support of HOME, an environmental call-to-action by filmmaker Yann Arthus-Bertrand. François-Henri Pinault, chairman and chief executive officer, said at the time that PPR’s support aimed to use “images and commentary to…

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FT Business of Luxury Summit | Debating the Future of the Industry

MONTE CARLO, Monaco — The global luxury industry has descended on the luxurious and beautiful principality of Monaco to discuss the future of luxury at the Financial Times Business of Luxury Summit at a time when there seem to be far more questions than answers. I am delighted to be representing Luxury Society, which is an official media partner of the conference. To start off the conference, we heard from Bernard Arnault, Chairman

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Japanese recession, Brioni sells stake, Phillip Green, Westfield London

Japan slips into recession (FT) According to FT, "the Japanese economy entered its first recession in seven years." Brioni Seeks Minority Investor (WWD) Brioni is said to be selling a 20-25 percent stake of its company. The Green revolution: Sir Philip Green (The Scotsman) Sir Phillip Green will have his eye on the many high-street fashion companies up for sale next year. Will London's First Luxury Mall Spur Spending? (Ad Age) A faltering economy and the fact that malls are not a huge part of the European shopping culture could make Westfield London a tough sell. Street scene in Shibuya, Tokyo courtesy of  Guwashi99, under Creative Commons.

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Luxury in India | Published in the Financial Times

MUMBAI, India and SHANGHAI, China - If it's the Monday of Milan Fashion Week, it also means that the Financial Times has published its regular supplement on The Business of Fashion. We're a couple of days late, so in case you missed it, here is a link to a PDF of the entire supplement available on the FT's Partnership Publishing site. Amongst the best reads are a fascinating article by Josh Sims featuring a brand that I have come to know well in recent times, Clemens en August. Founder Alexander Brenninkmeijer ably describes the counter-intuitive, but successful business model that underpins this innovative company. Another article, on A Bathing Ape, asserts that the Japanese streetwear company has a 98% sell-through…

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Published in the Financial Times

Today, the Financial Times published its regular Business of Fashion supplement, chock full of industry updates and in-depth articles on the issues that are shaping the industry. It really is a must-read for everyone in the fashion business, whether you are a creative or a corporate, or somewhere in between. This time, we contributed an article, How to reach second base online, encouraging established luxury and fashion companies to start thinking about Internet as a communication tool, not just a tool for selling and advertising.  In fact, if done cleverly, this can be used to re-establish the communication and relationships that Luxury Goods companies were once known for. We would love to hear what you are thinking on Fashion 2.0…

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Business of Fashion: Published in the Financial Times

We are excited to share the news that our first published article appears in today's Financial Times. The article links the shift in luxury goods production out of Italy to a recent spree of investments and licensing agreements that have taken place between emerging brands and established Italian houses with high quality production facilities. These deals have provided young brands like Proenza Schouler, Derek Lam and Sophia Kokosalaki with access to top class production, solving one of the major headaches of launching a high-end fashion business. It appears in one of my favourite supplements for getting the low-down on happenings in the fashion business: Financial Times - The Business of Fashion. There are some very interesting reads, including Vanessa Friedman's…

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Valentino: The end of new beginnings?

Many column inches and much screenspace has been dedicated to Valentino over the past few weeks. The Business of Fashion has been no exception to this trend. What with the acquisition of Valentino by Permira, the celebration of Valentino's 45th anniversary at the helm of his eponymous label in Rome last weekend, and the announcement of a 45% investment in Proenza Schouler by Valentino Fashion Group this past week, there has been much to write about -- or, more specifically, to speculate on. Will Valentino continue to design for his label or was this party the beginning of the end? How well will Permira be able to manage Valentino, their first investment in luxury fashion? What will Permira do with…

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