Sustainable style, Hermès profit below expectations, Blogs as catwalks, Perry and Pierre, Russian fashion online

Per Aage Sivertson for FIN

Is This Style’s Sustainable Frontier? (Wall Street Journal) “They are part of a growing social movement in the Nordic countries being led by NICE, the Nordic Initiative Clean & Ethical, created last November to promote the five countries as home to a sustainable and ethical fashion industry.” Hermès profits below expectations (Financial Times) “French luxury group Hermès on Friday posted first-half

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Hermès denies rumours, Olsens conquer fashion, Liberty comeback, Wintour’s power, Fashion finger puppets

Jean Paul Gaultier | Source: Courtesy

Hermès Denies Any Gaultier Plans To Quit (Fashion Wire Daily) “Hermès and Jean Paul Gaultier have vehemently denied recent reports on the Internet that the French designer was planning to quit his position as creative director of women’s wear for the luxury label.” Good Things Do Come in Pairs (New York Times) “Very few celebrities are either so fascinating or appalling that they manage to get under our skins, as

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JPG to leave Hermès?, Liberty in talks with Target, Escada’s white knights, End of discounting

Jean Paul Gaultier Said to be Leaving Hermès (Fashion Week Daily) “Change is brewing at Hermès, and it’s starting with Jean Paul Gaultier. The designer is said to be resigning from the company; his last collection for the house is due to bow in Paris this October.” Liberty linked to Target collaboration (Drapers) “Liberty, the iconic London department store, is reported to be in talks with US value chain

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Tory Burch sells stake, Shiny Media’s demise, Born by Ted Baker, Hermès to Brazil, Swine flu rocks confidence

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Tory Burch Sells Minority Stake to Tresalia (WWD) “Tory Burch has found a new partner. After a yearlong search for additional financing, the designer has sold a minority stake in her more than $200 million firm.” To view the video of Tory Burch’s Spring 2009 presentation click here. Shiny Media: my thoughts on its demise (Telegraph) Katie Lee, co-founder of Shiny Media, discusses the rise and fall of the

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Hope for Lacroix, Hermès gains, License vs. Franchise, BRC recommendations, Swimwear sales rise

Christian Lacroix sketches on display at the National Museum of Singapore

Bernard Krief Consulting bids for Christian Lacroix (Reuters) “Turnaround investment group Bernard Krief Consulting is planning to make an offer next week for cash-strapped French fashion designer Christian Lacroix, it said on Monday.” Hermès 2Q Sales Rise 12%, Keeps ’09 Guidance (WSJ) “Luxury goods company Hermès International Tuesday stuck to its full-year target of flat revenue after posting a 12 percent

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Copycat Culture | The Shape of Things

Chanel No. 5 | Source: Chanel

BRUSSELS, Belgium — Sometimes, a mere glimpse of a product’s silhouette is enough to tell which designer or fashion house created it: the Chanel No 5 perfume bottle, the toe of a Berluti shoe, the unique shape of the Fendi baguette. Today, there is renewed interest in these kinds of classic products as shape and design have made a return in making a product desirable, especially now when consumers don’t want their

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Hermès breeds crocodiles, Prada approached by investors, Jones steadies, Sales dismay indies

Prada A/W 09 fashion show in Milan, courtesy of WSJ

Hermès breeds own crocodiles in Australia for luxury handbags (Times) “Hermès chief executive Patrick Thomas admitted this week his French fashion house has resorted to farming crocodiles in Australia to keep up with the increasing international demand for their world famous crocodile skin handbags, including the popular Birkin design.” Prada Approached on Investment (WSJ) “Prada SpA has been approached by

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Comme at 40, Luxury turbulence, Oliver Sweeney rescued, Escada bond swap, Pringle to London

An advertisement in a Tokyo railway station, courtesy of The New York Times

Positive Energy: Comme at 40 (New York Times) “Comme des Garçons is marking its 40th anniversary by bringing out a guerrilla-style, temporary brand called “Black” that epitomizes the style, the inventiveness and the originality of its founder.” Luxury market faces turbulence: Hermès (Reuters) “Hermès believes turbulence could hit the global luxury goods industry for the next two years and has put some

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Resilient Hermès, Analysts predict 2010 recovery, Most powerful luxury brands, Fashion’s blue book

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Hermès Q1 sales get lift from bags, currencies (Reuters) “Hermès proved again it was resisting the crisis better than many of its rivals with a 3.2 percent rise in first-quarter sales, helped by exchange rates and resilient demand for its handbags.” Have a look at this video from the CBC’s Fashion File to see the underlying craftsmanship that has served the brand well during the downturn. Financial Analysts

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Gucci’s Q1, Project Runway moves, Lundgren’s rich compensation, Hermès sets up on the beach

Gucci S/S 09 Ad campaign, courtesy of Gucci

Gucci CEO sees satisfactory Q1-report (Reuters) “Fashion house Gucci has had a satisfactory trend in the first quarter.” ‘Project Runway’ Will Move to Lifetime (WSJ) “Nearly a year of litigation between General Electric Co.’s NBC Universal and Weinstein Co. over “Project Runway” ended Wednesday with an agreement that allows Weinstein to move its popular reality-TV show to Lifetime

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Recessionary designs, Rochas’ clothes, Gap’s boss takes pay cut, Hermes holds steady…

Lanvin A/W '09, courtesy of the New York Times

Two Words for Fall: Toughen Up (New York Times) The recession could turn out to make designers better. Do You Want Clothes to Go With That Perfume? (WSJ) At Rochas, there are now clothes that come with its legendary scent. Gap boss takes pay cut (Drapers) “Gap’s chairman and chief executive Glenn Murphy will take a 15% salary cut as part of plans to cut costs.” Hermès Net Up 0.8 Percent (WWD) Hermès post steady sales

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Adidas profits, Brazilians and beachwear, Ethical luxury, Hermès shares jumps

Adidas Profits Leap 151 Percent (WWD) Adidas’ net profits is up 151% due to lower marketing expenses. (Subscription required) Brazilians decide beach culture should help capture retail dominance (IHT) With the launch of a beachwear fashion week in October 2008, Brazilian brands are beginning to find their place in the international swimwear market. Ethical Luxury: Could the Luxury Industry Be Headed Back to Its Roots? (The

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Hermès’ resilience, Bally’s e-commerce, Ralph Lauren sales down, LVMH holding steady

Herems store in London, photo courtesy of

Hermès shows resistance in luxury downturn (The Globe and Mail) “We have seen a slowdown in sales growth since October but we are still growing,” says Hermès finance director Mireille Maury. Bally to Launch E-Commerce (WWD) Bally, the Swiss luxury brand joins in on the e-commerce game. (Subscription required) Polo Ralph Lauren’s Net Falls 6.6% (WSJ) Ralph Lauren Q3 earnings fell 6.6%, and plans to cut back on their

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