Market Pulse | Back in the Tourist Business

| Market Pulse

Savigny Luxury Index August 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 5.5 percent in August, outperforming the benchmark MSCI World Index (“MSCI”) by over four percentage points.  Strong results by sector leaders confirmed continued growth in Asia and increased tourist spending in Europe, thanks in part to a weaker euro. Big news Richemont, Hermès, Prada, Tod’s, Michael Kors and Ferragamo all confirmed a healthy outlook for 2012, driven

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J.Crew influencers, Gap lifts profits, Prada’s independence, Handbag appeal, Jourdan Dunn

| Daily Digest

Rodarte Autumn/Winter 2012 backstage | Source: Fashionising Pictures

J.Crew Taps Street Style, Industry Insiders, and Tumblr’s Founder (Fashionista) “You won’t see any big-name models in J.Crew’s fall 2012 ad campaign–but that doesn’t mean you won’t recognize any of the faces. The mega-retailer has tapped a handful of successful fashion industry types (who just, you know, happen to be model-good-looking) to star in its latest ad campaign.” Gap lifts profit view, Aeropostale

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Market Pulse | Same Story, Different Month

| Market Pulse

Savigny Luxury Index June 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) inched up 1.0 percent in June, relative to an uplift of 2.8 percent in the benchmark MSCI World Index (“MSCI”).  Newsflow from China continued to worry investors and sector results, although strong, did show signs of a slowdown in growth over the last few months. Big news China’s growth rate slowed for a sixth consecutive quarter to its slackest pace in over three years

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Future of fashion week, Rising rents in HK, Hearst upbeat, France’s families, House of Style

| Daily Digest

Hong Kong shopping district | Source: Purse Rush

Debating Fashion Week’s Role In The Digital Age (Style.com) “‘When I started New York fashion week in 1993, digital cameras did not exist and photographers used actual film,’ Fern Mallis told a crowd of students, bloggers, and aspiring designers last night at the first in a series of conversations presented by Fashion GPS. ‘Today is a different world, everyone is a critic and the only photographer that uses

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Raf Simons speaks, Hermès growth slows, China fashion in London, Leather art, Olympic fall guy

| Daily Digest

Raf Simons on his Dior couture debut (Telegraph) “Speaking in a video posted on Dior’s official YouTube page, Simons explains the concept behind his much-lauded collection and how it felt entering into a house with such rich history in his first interview since the July 2 show.” Hermès sales growth slows as economies falter (Reuters) “French luxury goods maker Hermès said second-quarter sales growth slowed

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