Market Pulse | Same Story, Different Month

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

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

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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Copping’s time, EBay on the high-end, Investcorp buys into Orka, Birkin appeal, Home shopping

Ebay logo | Source: Bloomberg

Peter Copping: L’Homme du Temps (WSJ) “Peter Copping studied fashion at London’s Central Saint Martins College of Art and Design and the Royal College of Art before going to work for Iceberg, Sonia Rykiel and Louis Vuitton. Copping’s stint at Louis Vuitton under artistic director Marc Jacobs lasted 12 years—until, in 2009, he was appointed creative director of Nina Ricci.” EBay Follows Target, Aims for

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Draped crusader, Fancy model, Carven out menswear, Hermès crackdown, Sarah Burton OBE

Haider Ackermann by Inez Vinoodh Matadin | Source: Fashion Indie

Haider Ackermann: The Draped Crusader (Independent) “So it is with Haider Ackermann who first showed at the Paris collections 10 years ago now and who has built up a loyal following with the most sartorially forward thinking. Now, though, his runway presentations and the highly singular vision they represent are one of the high points of the French fashion season across the board.” Pinterest Has Users, Fancy Has a

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The Week in Review | Fashion’s new frontier, Hiut’s artisanal denim, CSM’s Drew Henry

The Week in Review, May 28 - June 1, 2012

Could Africa be the Next Frontier for Fashion Retail? (Global Briefing) “With large international fashion retailers like Mango, Zara, Levi’s and Gap already active in Africa, and ASOS offering free deliveries to the continent, perhaps it’s time to ask the question: could Africa be fashion’s next frontier?” Hiut Denim Unites Artisans with Technology (Intelligence) “In 2011, with the goal of bringing

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Hermès names CEO, Neiman profits up, Consumer confidence sinks, Made in Britain, Dolce & Gabbana

Le Carré Hermès Spring/Summer 2012 Campaign | Source: Hermès

Hermès Family Back in Saddle (WSJ) “The founding family of French luxury-goods maker Hermès International Tuesday named a member of its sixth generation to become chief executive next year, cementing its grip as the threat lingers from larger rival LVMH Moët Hennessy Louis Vuitton.” Neiman Marcus 3Q profit rises 35 pct (Businessweek) “Upscale retailer Neiman Marcus Inc. said Tuesday its fiscal third-quarter profit

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Loewe’s trajectory, Burberry rising, Vuitton’s top spot, Uniqlo expands, Prada and Polanski

Backstage at Loewe Fall/Winter 2012⎮Source: Wonderland Magazine

Spain’s got talent (Telegraph) “Stuart Vevers and Lisa Montague, the British duo who set Mulberry on the road to global superstardom, have taken their recipe to Loewe, the luxury heritage brand based in Madrid. Will it taste as sweet?” Burberry to invest in new, bigger stores (Reuters) “British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million

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Gucci’s payoff, Tales of Hermès, Hong Kong rents spike, Runway tweens, Theyskens’ singular voice

Gucci Spring/Summer 2012 campaign | Source: Gucci

Gucci wins $4.66 million, ban on Guess knock-offs (Reuters) “A U.S. judge said Gucci may recover just $4.66 million in its lawsuit accusing apparel retailer Guess Inc of copying its trademarked designs, a small fraction of the more than $120 million sought by the Italian luxury goods company.” Hermès tells a playful tale of leather (IHT) “Every invention by Hermès, the French leather goods company, seems to have a

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Dubai’s new draw, Hermès rises, Online recipes, Collette Dinnigan prize, Who’s that girl?

Dior store Dubai UAE | Source: CPP Luxury

Dubai Finesses Ease of Luxury Shopping for Chinese (NY Times) “Chinese shoppers, rare birds not long ago, are flocking to Dubai’s malls. Up to 25 percent of luxury goods sold in Mall of the Emirates are purchased by Chinese tourists… ‘So now, it’s about how we market to them,’ Mr. Malas said. ‘For example, many stores are hiring Chinese speakers dedicated to these consumers.’ Dior had two Chinese

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Leather forever, China momentum, Adidas profits to rise, Curator wears Prada, ‘It’ brand again

Hermès winged saddle bag | Source: Glam

Wings of desire: 175 years of Hermès (Telegraph) “Fast-forward to now, and Hermès is the world’s best-regarded luxury company. The regard is reflected in its performance: last year, its profits rose 41 per cent to £495 million. Its exquisitely printed silk scarves are lusted after, but the cult of Hermès is predicated primarily on its handbags.” Slowdown in China? Not for luxury brands (CNN) “China’s

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Market Pulse | Status Quo

Savigny Luxury Index March 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) traded in a relatively narrow bandwidth this month, slipping 0.3 percent, whilst the benchmark MSCI World Index (MSCI) edged up 0.2 percent. Worries over a slowdown in China were offset by yet another string of exceptional results announcements, resulting in a status quo for the month of March. Big news The sector has been awash with strong results announcements with Prada,

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Valli girls, Hermès hikes dividend, Tiffany sparkles, Shoptiques’ ambitions, Herb Ritts

Giambattista Valli | Source: FranceTV

Catering to the Valli Girls (NY Times) “Mr. Valli has worn the strand of natural pearls, which he said he purchased from a maharajah in India, ever since Luigi Scialanga, who does the jewelry for his shows, told him that ‘this is you, this is going to be your signature thing.’ Mr. Valli is all about a signature.” Hermès hikes dividend as 2011 profit jumps (Reuters) “France’s Hermès affirmed its

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