Renewing Holt Renfrew, Hilfiger’s new stripes, Jones Group acquires Kurt Geiger, Gucci turns 90, The art of Prada

Z Zegna in Holt Renfrew's S/S 2011 Campaign | Source: Fashionising

For Holt’s, luxury regains its proper place (Globe and Mail) “The full-price model is part of Mr. Derbyshire’s five-year business plan to strengthen Holt’s results following a period of stagnation caused by the economic slump… His efforts seem to be paying off: Privately held Holt’s enjoyed a record profit in 2010 – double that of its next best year, 2006.” Tommy Hilfiger Changes his Stripes (WSJ)

…Continue Reading

Brands Experiment with Weibo, China’s Answer to Twitter

Gucci brand page on Sina Weibo | Source: Weibo

SHANGHAI, China — In the parallel internet universe behind China’s “Great Firewall,” where search engine Baidu is Google, etailer Dangdang is Amazon, and video sharing site Youku is YouTube, the microblogging service Weibo (pronounced Way-Bwah, literally microblog) — launched in August 2009 by online media giant Sina Corp — has emerged as the country’s answer to Twitter. According to brokerage and investment group CLSA Asia-Pacific

…Continue Reading

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

…Continue Reading

Second Annual Digital IQ Index of Luxury Brands Released

Digital IQ Ranking 2010 | Source: LuxuryLab

NEW YORK, United States — Last year BoF reported on the first ever ranking of luxury brands’ digital competence, and today the second ranking, published by New York-based LuxuryLab, was released first to a small number of global media outlets, including BoF. The adoption of digital media has been explosive. Longtime readers from the very beginnings of BoF may recall our first ever post on Fashion 2.0 back in April 2007 when

…Continue Reading

Milan rising, Made in Britain, Gucci’s China success, Gianfranco Ferré near sale, Orla Kiely’s world

Giorgio Armani Spring 2011 Ready to Wear | Source: Style.com

Milan Steps Out of the Back Seat (NY Times) “This has been a brilliant season for Italian fashion, a reminder that Milan can be a stronghold for new and exciting design… It’s hard to remember a season here in the last decade when excellent collections were the norm and not the exception.” Made in Britain: Flying the Flag for UK Manufacturing (Telegraph) “A few fiercely patriotic brands are putting their

…Continue Reading

Provenance? There’s an App for That

NEW YORK, United States — Large luxury goods makers have long emphasised the cultural heritage of their brands and the provenance of their products. But in search of business efficiencies, these same luxury companies — who must ultimately answer to shareholders — increasingly source materials and labour outside their home markets, especially for their more affordable lines, creating a disconnect between consumer perception and manufacturing reality. As consumers increasingly scrutinise luxury goods purchases, and craftsmanship, authenticity and heritage take centre stage in major advertising campaigns for brands like Gucci and Louis Vuitton, this disconnect has become more pronounced. Indeed, earlier this year, the UK’s Advertising Standards Agency banned two Louis Vuitton ads for misleading the public into thinking that the…

…Continue Reading

Paris and Milan stay safe, Gucci repositioning, Indian luxury lags, L Capital invests, Counterintuitive Krakoff

Ferragamo Autumn/Winter 2010 | Source: Ferragamo

Fashion Opts for Safety in Paris, Milan (Bloomberg) “Even amid signs that demand for luxury clothing and accessories is returning, makers of the goods will ‘play it safe’ for spring-summer 2011, according to Sue Evans, senior editor of catwalks at fashion forecaster WGSN.” Gucci Unpacks ‘La Dolce Vita‘ (WSJ) “During the consumer-spending slump, aspirational purchases slowed sharply, and

…Continue Reading

Kate Moss and Topshop part ways, Gucci’s digital flagship, Bulgari recovers, Boss sales rebound, Kolkata fashion weeks clash

Kate Moss for Topshop, Autumn 2009 | Source: Topshop

Kate Moss and Topshop to end design deal (BBC) “A three-year design partnership between Kate Moss and Topshop is to end later this year. When the supermodel unveils her autumn and winter range in October – it will be her 14th and last collection for the chain.” Gucci opens its new luxury digital flagship store (Fashion and Runway) “Following an 18 month architectural renovation under the direction of Gucci

…Continue Reading

Inside Brazil’s Booming Fashion Industry

SÃO PAULO, Brazil — You hear about it at dinner parties and fashion events. It’s been the subject of countless magazine stories and news reports. Something special is going on in Brazil. And today, the momentum has nothing to do with cultural clichés like soccer and samba. Brazil is claiming its place on the global stage and interestingly, fashion is playing a major role in the country’s ascendence. Significantly, the tremendous

…Continue Reading

Neimans in the black, Inditex margin spike, India’s talent pinch, Gucci goes green, Sally Singer moves to T

All Saints Summer 2010 | Source: All Saints

Neiman gains from luxe spending but Euro worries persist (Reuters) “The operator of Neiman Marcus and Bergdorf Goodman stores said it is monitoring Europe’s debt crisis and has yet to see vendors there pass on gains from a weak euro. Neiman also noted that a weak euro could negatively impact travel to New York.” Inditex Beats Views As 1Q Sales, Margins Jump (WSJ) “Spain’s Inditex, the fast-growing

…Continue Reading

Alber on fashion’s future, Fashion Films abound, Gucci Couture, Coach and Target settle suit, Sex and the Middle East

Alber Elbaz | Source: Alive not dead

The Future Of Fashion, Part Six: Alber Elbaz (Style.com) “The word poetic invariably attaches itself to descriptions of the clothes Elbaz designs for Lanvin, but you get the feeling that behind the famous floppy bow tie, there is a hard-won sense of resolve. During our conversation… he spoke frankly about the problems the industry faces.” Fashion Films Become the Hottest New Accessories (IHT) “‘Catwalk

…Continue Reading

Hedi Slimane on fashion’s future, HoF eyes expansion, Blogger power evolves, Herrera goes global, Gucci heritage

Burberry Autumn/Winter 2010 | Source: Burberry

The Future Of Fashion, Part Three: Hedi Slimane (Style.com) “[Slimane] has been both an insider (as, among other things, the highly influential designer of Dior Homme from 2000 to 2007) and an outsider… Here, he discusses today’s ‘costly and overwhelming fashion avalanche’.” House of Fraser eyes Middle East expansion (FT) “House of Fraser is set to announce plans to expand into the Middle East,

…Continue Reading

PPR to focus on fashion, Elusive e-commerce, Gucci Indian JV stalls, Ralph in Greenwich, Personalised luxury

Tiffany's Online Shop | Source: Tiffany & Co.

PPR to sell lower-margin retail units (FT) “PPR, the French retail conglomerate headed by billionaire François-Henri Pinault, plans to dispose of retail businesses that generate 70 per cent of group sales to focus on clothing and accessories brands within its luxury Gucci Group and Puma, the sports wear company.” Online Luxury Retail Remains Elusive (Business Week) “There are still some brands that sell absolutely

…Continue Reading