New York Fashion Week | Gucci’s finishing touches

On the corner of 57th and 5th in New York, in the Trump Tower space that used to house the failed Asprey flagship, the scaffolding and covering have been removed from the new 46,000 square foot Gucci flagship.  The shelves have been stocked and the windows are already proclaiming Gucci's love for New York, in hopes that New York will love Gucci back - to the tune of an estimated $100m a year. As we walked by the location of the brand new flagship store yesterday afternoon, an army of workmen was putting the finishing touches on what will be one of the largest luxury stores on 5th Avenue and is expected to rake in as much cash as the…

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Robert Polet | Gucci’s (real) rock star

Maybe it is the emerging importance of Russian customers that convinced Frida Giannini she should look to Russian rockers to inspire her latest menswear collection for Gucci. Regardless of the source of her inspiration, it would be fair to say that the collection went down with an audible thud. Suzy Menkes of the IHT, Horacio Silva of The Moment, and Tim Blanks of Style.com seemed to be grasping for positive things to say about it. Guy Trebay of the New York Times went even further: There are days in the life of a fashion observer when having a nail driven into one’s skull seems preferable to sitting through another evocation of the so-called rock ’n’ roll style....it seems willfully dated…

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Bahamian luxury: Gambling with franchising

The Business of Fashion is on the road. Our first stop is in Nassau, the capital city of The Bahamas, an archipelago of islands which has long been a stopping off point for people cruising around the Caribbean. San Salvador Island is where Christopher Columbus first set foot in the New World in 1492 to trade with the Lucayan people. When British loyalists came over in 1717, the islands fell under British control and did not gain full independence until more than 250 years later. Today, the Bahamas is a rich country, with the 3rd highest GDP per capita in the Western Hemisphere and an economy driven primarily by tourism and offshore banking. A recent mega real-estate development called The…

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