Market Pulse | Status Quo

| Market Pulse

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

| Daily Digest

Giambattista Valli | Source: France TV

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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Behind Uniqlo, Inditex profit, Ted Baker growth strategy, Shang Xia’s Chineseness, Junya’s lace

| Daily Digest

Yuki Katsuta by Chad Ingraham | Source: WSJ

The Man Behind the Puffy Purple Coat (WSJ) “Mr. Katsuta is senior vice president of global research and design for Fast Retailing’s Uniqlo. Known for urbanized basics like T-shirts, sweaters and khakis, Uniqlo is one of the fastest-growing clothing chains in Asia. Mr. Katsuta joined the company in 2005 and now manages 100-plus designers based in New York, Tokyo and Shanghai, directing them like the maestro of an

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Market Pulse | China Sneezes, but Confidence Returns

| Market Pulse

Savigny Luxury Index February 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) outperformed with a gain of 6.9 percent for the month versus 2.6 percent for the benchmark MSCI World Index (“MSCI”).  Confidence in the sector returned towards the end of the month, with many of the bigger luxury stocks posting gains after having been flat for most of February. Big news Earlier in the month, China’s announcement that industrial output was slowing had sent

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Second lines come first, Hermès loses fight, Charlier’s back, DiorMag launch, Rewriting Gucci

| Daily Digest

See by Chloe Autumn/Winter 2012 | Source: IHT

In France, Second Lines Finally Can Come First (IHT) “For French brands, there is always a sneaking feeling that a second line is second best. The Milan designers rejoice that Just Cavalli or Emporio Armani are on the runway… But French ‘subsidiaries’ are either non-existent, hidden or given slightly pejorative names, like ‘diffusion’ line.” France’s Hermès loses China trademark fight

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