Why Do We Care About Luxury Brands? (Wired) “There’s now suggestive evidence that our faith in the authentic – especially when the authenticity is supported by effective marketing campaigns – is a deep seated human instinct, which emerges at an extremely early age.” Champagne corks popping again in luxury business (AFP) “Champagne corks are popping again in the luxury business as “It” bags and
Skeletons, Family and Religion (IHT) “There was little of the sharp tailoring associated with Givenchy, where Mr. Tisci has been the creative director for five years… In an interview, the designer explained his vision.” Perrone Quits as CEO of Italian Suitmaker Brioni (Bloomberg) “Perrone, the 40-year-old grandson of Brioni co-founder Gaetano Savini, was appointed sole CEO in July last year, replacing a
A New Marc Jacobs? (FT) “‘I can’t do everything, and I’m not good at everything… I feel like what I do creates some sort of direction for the company, and that’s good, and then I can leave it to other people to interpret.’” Why Givenchy is more desirable than ever (NZ Herald) “Givenchy struggled to reinvent itself for over a decade, but today – with Riccardo Tisci at the helm – the
Tisci’s Trans Europe Express (WWD) “Givenchy designer Riccardo Tisci has taken the whole idea of ‘coed fashion shoot’ to another level: The designer is using a transexual among the cast for the house’s fall-winter ad campaign.” Jones Apparel to buy Stuart Weitzman (Reuters) “Jones Apparel Group Inc. said it will buy designer shoe company Stuart Weitzman Holdings for an initial cash payment of
Chanel, Now and Then (New York Times) Cathy Horyn discusses the future of Chanel with Karl Lagerfeld. Louis Vuitton, Cartier Are Preferred by Chinese, Survey Shows (Bloomberg) “Louis Vuitton and Cartier are the top choices of Chinese consumers for purchases as their thirst for luxury goods remains unabated in the global economic crisis, a survey commissioned by Ruder Finn Asia showed.” Sir Philip Green cautious on
PARIS, France — Sitting through the Paris collections, I was struck by how unappealing much of it seemed. I find that the editors who attend shows season after season get caught up in analysing a brand in terms of its recent history. Has it moved on, they ask? Where is it going? The ultimate compliment they pay is: “I’d wear that.” Now that I’m slightly removed from the day-to-day of it all, I tend to sit
LONDON, United Kingdom — Sara Ferrero is one of those once rare but increasingly common fashion executives who spent the early part of their careers outside the fashion industry. After six years at McKinsey & Company, the management consultancy, she entered the fashion business at Furla, the Italian accessories brand. Under her leadership, Furla’s retail sales tripled to over 360 million euros in less than five years.
It's been a blisteringly busy Paris fashion week here at the BoF, but we've been taking everything in and can finally share some of our views on all the action -- and the business implications. This season, we were most interested in Balenciaga and Givenchy -- the new Paris establishment -- and the series of brand revivalists - including Stuart Vevers at Loewe, Estaban Cortazar at Ungaro and Alessandra Facchinetti at Valentino. Today, the new establishment. Tomorrow, the brand revivalists. After what was widely considered a tour-de-force from Nicolas Ghesquiere last season, the anticipation was building for a Balenciaga for A/W 2008. He did not disappoint, picking up on last season's modern, sculpted silhouette (which, incidentally has also popped up…