Hermès’ plans for India, Fashion Week battle continues, eBay’s mobile sales up, Rags to riches, LVMH opens its doors

L-R Céline, Comme des Garçons, Miu Miu S/S 2012 | Source: Style.com Source Style.com

Hermès sees sari as way in to India (FT) “It’s perhaps not surprising that the first offer of a sari from a western company comes from Hermès, which last year launched a bespoke Chinese brand, aimed at winning more Chinese customers while resuscitating China’s craft tradition… India’s luxury market has recently captured the attention of European and American fashion houses, as the increasingly affluent elite shrug off years of

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Hermès’ victory, Giles and Ungaro part ways, Responsible luxury, NYFW standouts, Social media drives sales

Hermès Scores Victory in Battle With LVMH (NY Times) “Hermès won a major victory Thursday in its battle to torpedo a potential takeover by its larger rival LVMH after a court cleared the French luxury group’s plans to create a holding company that will lock in descendants of the founding family for 20 years.” Ungaro Departure (Vogue UK) “Giles Deacon has left his position as creative director of Emanuel Ungaro… Deacon’s

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Yves Carcelle to exit Louis Vuitton, Split personality, Hermès shares suspended, Uniqlo global, Condé Nast college

Louis Vuitton Autumn/Winter 2011 by Steven Meisel | Source: Louis Vuitton

Louis Vuitton picks Constans as new chief (FT) “Yves Carcelle, chief executive of Louis Vuitton, will stand aside at the end of the next year to be replaced by Jordi Constans, a senior executive of Danone, the French yoghurt group. The move, announced by Louis Vuitton’s parent company LVMH on Wednesday, reflects a trend among luxury goods groups to hire senior executives from the consumer goods industry as their rapid

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Market Pulse | Stormy Weather

Savigny Luxury Index August 2011 | Source: Savigny Partners

LONDON, United Kingdom — Hurricane Irene wasn’t the only storm wreaking havoc during the month of August. The financial markets were also stormy. Ongoing economic uncertainty on both sides of the Atlantic had investors in a panic, and luxury stocks were were hit hard, though they bounced back towards the end of the month. Big news • August, which is a typically quiet month, has seen some high trading volumes driving

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Lifeline for Hong Kong, Hermès grows, PVH shines, American Apparel fire sale, Savage Beauty to London?

Gucci on Canton Road, Hong Kong | Source: Sky Scrapercity

China’s Shoppers Sling a Gucci ‘Lifeline’ to Faltering Hong Kong (Bloomberg) “A stream of customers in Tsim Sha Tsui’s Canton Road yesterday carrying bags of Vivienne Westwood, Gucci and Burberry brand products and speaking in Mandarin, showed that a $350 billion decline in the value of stocks in China since mid-April has failed to kill off the tourist trade. Their spending may help to limit what Morgan Stanley and Daiwa

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The Hermès culture, Marc and Vuitton, Sickness spreads in Cambodia H&M factory, Back to the 70s, Zac’s back

Hermès silk printing table by Brigitte Lacomb | Source: WSJ

The Battle for Hermès (WSJ) “‘My job,’ says the lean, formal 44-year-old and sixth-generation descendant of the company’s founder, ‘is to keep the strong creativity of Hermès alive. To nourish the rigor and the vision . . . to make these values vibrate. ‘This,’ he says, ‘is the force of Hermès.’ Those values—the dedication to rigor, vision and creativity—are what set Hermès

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Market Pulse | Strong results fuel sector growth before tailspin in early August

Savigny Luxury Index July 2011 | Source: Savigny Partners

LONDON, United Kingdom — Over the past few days, international markets have plummeted in the face of growing uncertainty about the global economy, in particular the debt crisis in Europe and the downgrade of US treasuries by Standard & Poors. In this month’s Market Pulse, we analyse the market’s strong performance in July and provide a market update from the first few days of August. Big news • H1 results beat

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Ultimate e-shopping, Hermès hits back, Arcadia profits fall, Hong Huang’s boutique, Ziv Gil Kazenstein

Thecorner.com.cn | Source: Thecorner.com.cn

A Wish of E-Shoppers Everywhere, Now in China (WSJ) “FedEx Corp. delivery men will wait on the doorsteps of Chinese consumers while they inspect their purchases, try them on for size, and decide if the products are worthy of keeping or sending back… The goal is to draw more of that luxury spending online. It is also part of a larger trend of retailers offering special perks to impress upon China’s consumers they

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Amy Winehouse’s fashion legacy, Hermès arrives in Mumbai, LVMH ups stake, Halston’s new CEO, British brands

Vogue Paris 2008 Isabeli Fontana as Amy Winehouse | Source: Bubblespop

Of fashion and Amy Winehouse (FT) “She was her own fashion statement, and it’s my guess, had she been able to deal with her own demons, she would have ended up shaping fashion, not the other way around. She wouldn’t have sung for her style; her singing would have set the style. And the effects would have reverberated at a deeper level.” Hermès Opens in Horniman Circle (Mumbai Boss) “The store, the first stand-alone luxury

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Beyoncé’s fashion bug, Hermès continues ascent, Star designers, Ad pages creep upwards, Phoebe’s Céline dream

Beyonce | Source: Internation Herald Tribune

For Her New Look, Beyoncé Goes Under the Radar (IHT) “The difference, this time, is in her choice of designers. Instead of sticking to major fashion houses like Versace, Gucci, Prada or Chanel, the singer has thrown the spotlight on a number of up-and-coming designers whose names are likely to be unfamiliar to all but the most diehard fashion followers.” Luxury group Hermes raises 2011 sales forecast (Reuters)

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Market Pulse | Prada and Ferragamo Hit the Stock Market

Savigny Luxury Index June 2011 | Source: Savigny Partners

LONDON, United Kingdom — The M&A and IPO scene in luxury goods and fashion continues to storm ahead. This month’s Market Pulse reveals a redefined Savigny Luxury Index which now includes Italian fashion powerhouses Prada, and soon, Salvatore Ferragamo. Big news • Two very high-profile IPOs: Prada listed in Hong Kong on 24 June and Salvatore Ferragamo listed in Milan on 29 June.  Both pulled off their IPOs amongst tricky

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Market Pulse | All Systems Go

Savigny Luxury Index May 2011 | Source: Savigny Partners

LONDON, United Kingdom — As luxury stock valuations continue to roar ahead, even as the overall market has stalled, and luxury brands go to private and public investors to finance further expansion, we take our monthly check of the Market Pulse to understand the key drivers. Big news • The Savigny Luxury Index continues its upward trend led by the bullish outlook for the sector in terms of both organic growth and acquisitions •

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American made, My-wardrobe’s global push, Social goals, Hermès battle heats up, Unwelcome success

Brookks Brothers: Made in America | Source: Brooks Brothers

Made in America: A hook for wealthy shoppers (Ottawa Citizen) “The Made-in-America label has undergone a deluxe makeover. Everyone from Brooks Brothers to the Olsen twins is using it to hawk luxury goods… ‘There is a customer that appreciates that the product is made in the United States and is willing to pay for the difference.’” My-wardrobe boosts foreign dress effort (FT) “‘The past 12

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