Hermès Q1 up 19%, GenArt shuts down, ASOS recycling marketplace, Fashion consultants, Fashionair to shutter?

Hermès Spring Summer 2010 | Source: Luxuo

Hermès reports 1st-quarter sales up 19 percent (Marketwatch) “Hermès, the French luxury goods maker, reported that first-quarter sales rose 19% to 507.7 million euros. All sectors performed well, with sales growth at the group’s own stores “particularly robust,” up 26% at constant foreign exchange rates, the company said in a Thursday statement.” Fashion, entertainment nonprofit Gen Art shuts down

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Remembering Dumas, Vuitton tops ranking, At the Met Ball, Up close with Stefano Pilati, Jason Wu collector

Carré Hermès | Source: Hermès

Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) “Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his nearly 30 years as the company’s chief executive transformed it into one of the world’s most successful luxury brands, died Saturday at his home in Paris.” Louis Vuitton Tops Hermes, Gucci as Most Valuable Luxury Brand (Bloomberg) “Louis Vuitton, the French fashion

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Fast Retailing profit soars, NYC fashion incubator, Hardy for Hermès, Retail rebound, CreateThe’s James Gardner

Uniqlo's +J Spring/Summer 2010 | Source: Uniqlo

Uniqlo parent raises forecast on brisk H1 results (Reuters) “Fast Retailing reported 43 percent growth in first-half operating profit on Thursday, helped by strong sales at its Uniqlo budget fashion chain, and raised the full-year outlook.” Garment District Hothouse (NY Times) “The most intriguing results may lie in how they relate to the neighborhood, which has been declining as a center of fashion

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McCarthy’s era at W, Burberry and Vuitton top list, Hermès’ profits fall, Fashion Week in Seoul, Twitter etiquette

Patrick McCarthy | Source: W Magazine

A Collector of Scoops Steps Down (NY Times) “As the editorial director of WWD [and W]…Mr. McCarthy always considered his publications to be the singular powerhouse for scoops, whether a designer was changing jobs or a retailer was headed for bankruptcy. In fact, his reign was so great that it was called ‘the McCarthy era.’” Burberry & LVMH Top List for ‘Mystery’ Luxury Shoppers (Just Luxe)

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Next for Hermès, John Lewis bounces back, The Balmain template, YSL’s tomorrow, Remembering Gianni

What’s Next: Luxury Products (WSJ) “Pierre-Alexis Dumas embraces innovation. But as the sixth-generation member of his family to lead, in his case, the creative end of the French luxury house Hermès, he must uphold tradition, as well.” John Lewis Adds to Evidence Of February Sales Bounce (NY Times) “Bellwether retailer John Lewis posted another double-digit percentage rise in weekly sales as wet weather

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LFW meets BAFTA, Luxury rebound, Hermès boss sees tax hikes, Marc Jacobs sues Christian Audigier, Chaos theory

London fashion week meets the Baftas (Guardian) “It’s a brilliant idea to combine the drama of the Baftas with the catwalk glamour of London fashion week. It’s just amazing no one thought of it before.” Stores Reach Into Bag of Tactics As Luxury-Goods Sales Improve (WSJ) “Optimism is creeping back into style, following three seasons of budget slashing, according to luxury-retail executives who will

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Jones buys Rodriguez, US retail recovery, LVMH earnings down, Hermès ups forecast, Which celebrities sell?

Robert Rodriguez Summer 2010 | Source: Robert Rodriguez

Jones Apparel Acquires L.A. Designer Label (Apparel News) “Jones Apparel Group Inc., the… corporation that has been on the hunt for brands, acquired Los Angeles womenswear contemporary label Robert Rodriguez for $28 million. Jones Apparel is hoping to expand the Robert Rodriguez name in other categories and other doors.” US retail groups continue to recover (FT) “Spending by US shoppers continued to bounce

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Mixed luxury recovery, Hermès’ Chinese brand, Milan’s military men, Berlin FW grows, Britain’s best bloggers

Coach Spring Summer 2010 Poppy Collection | Source: Coach

Not quite a luxury resurgence (Marketwatch) “The U.S. economy may be slowly coming out of recession, but it appears we’re still pretty conservative when it comes to buying.” What Hermès’ New Chinese Brand Means for the Luxury Industry (Fashionista) “Three days before Christmas, the savvy folks over at godly luxury company Hermès quietly announced that they would launch a new brand in China called Shang Xia.

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CEO Talk | Pierre Mallevays, Founder and Managing Partner, Savigny Partners

Pierre Mallevays, Founder and Managing Director, Savigny Partners | Source: Savigny Partners

Today, BoF brings you an exclusive interview with a key adviser to the private family trust which, as announced today, made an investment in Lanvin, one of the hottest fashion brands in the world. PARIS, France — Over the past few years, under the creative stewardship of industry darling Alber Elbaz, Lanvin has risen to heights that most fashion brands can only dream of, with nearly unanimous positive reviews from buyers and

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Mittal saves Escada, Victoria’s Secret to Europe, Upmarket eBay, Asia boosts Hermès, Chanel goes to court

Megha Mittal to buy luxury fashion house Escada (Reuters) “‘Today the insolvency administrator of ESCADA AG signed a sale and transfer agreement with one of the Mittal Family Trusts,’ the company said in a statement late on Thursday after the preliminary creditors’ committee approved the deal.” Victoria’s Secret unveils plans for launch in UK and Europe (Retail Week) “US fashion and beauty giant

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Luxury recovery, Americans boost spending, France aids artisans, Targeting Indian consumers, Global designs at Hermès

Hermès silk ties | Source: Hermès

Luxury goods industry on track for recovery (FT) “The luxury goods industry will return to growth next year while the decline in 2009 will be less severe than expected thanks to strong sales in Asia, especially China, according to a study published on Monday.” Wealthy U.S. Shoppers Boost Spending 29 percent, Survey Says (Bloomberg) “Spending in the U.S. on luxury goods and services spurted 29 percent in the third

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McQueen 2.0, Hermès booms in China, Retail vacancies soar, Japanese dress down, Store inventories

Alexander McQueen S/S 10 | Source: SHOWstudio

Techno Revolution (New York Times) “The most dramatic revolution in 21st-century fashion took place this week under the sweeping eyes of two giant robots. As they rolled down the stage at the Alexander McQueen show, the machines cast their cameras in diverse directions to project images on to the ever-changing kaleidoscope of a backdrop.” Hermès Chief Thomas Says China Booming, U.S. Market Positive (Bloomberg)

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Google vs. Vuitton, Hermès: Japan slump continues, U.K. online sales climb, Fashion branding, Savile Row survival

Handbags at dawn for Louis Vuitton and Google (FT) "It will be handbags at dawn on Tuesday in Strasbourg as the world’s luxury goods makers line up to listen to the European Court of Justice’s advocate-general give his opinion in the case of Google versus Louis Vuitton." Click here to watch the Bloomberg video. Hermès CEO Sees No Light in ‘Tunnel’ This Year on Japan Slump (Bloomberg) "Hermès International SCA Chief Executive Officer Patrick Thomas said he isn’t optimistic about the next six months because of a delayed economic recovery in Japan, the French luxury-goods maker’s biggest market." U.K. August Online Sales Climb More Than Expected on Clothing (Bloomberg) "U.K. online retail sales climbed more than expected in August as shoppers, lured…

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