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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Personal stylists go online, Hunt for new talent, Exclusively.in expands, Hermès strategy safe, Tisci’s spirituality

Christian Siriano for Send The Trend | Source: Send The Trend

Because, Obviously, Everyone Needs a Stylist (WSJ) “Now, a crop of new e-commerce sites are trying to cash in on regular consumers’ desires for a Hollywood-type stylist experience of their own. The sites combine the Internet’s powers of customization with the cachet of stylists to attempt to match of-the-moment products to shoppers’ personal preferences.” Fashion hunts for talent in new growth phase

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Ralph’s American dream, Hermès battle continues, Flash sites a boon to new designers, Collecting time, Judith Leiber

Karl Lagerfeld comic, by Johnny Ryan | Source: VICE

Oprah salutes Ralph Lauren and the American dream (LA Times) “So few people, in these starkly striated economic times, during which the barriers between classes have become more insurmountable than ever, get to traverse the chasms of culture and economy that have been leapt by Winfrey and Lauren.” Hermès Ownership Battle Continues (Epoch Times) “The controversial takeover of Hermès by LVMH Moet Hennessy Louis

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Valentino’s state of grace, Protecting the Pashmina, Bulgari returns to profit, Hermès sales leap, Yusuke Maegawa

Valentino Spring Summer 2011 | Source: Valentino

Valentino: State of Grace (Interview) “If there is something most significant about Valentino, it’s that women feel beautiful when they’re wearing Valentino. Beauty is at the core of his work—it’s not just an element.” Nepal seeks legal cover for shawl that conquered the world (Independent) “Coveted for its lightness and warmth, the [pashmina] wool… has brought much-needed income to the mountain kingdom of

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