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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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

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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

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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…

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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

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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

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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

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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

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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

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