BoF Exclusive | Getting The Luxury Fashion Business Model Right

| BoF Exclusive

Elle Macpherson at Louis Vuitton A/W 2010 | Source: Fashionising

Today, BoF exclusively brings you Savigny Partners’ blow-by-blow analysis of the rapidly shifting luxury fashion business model which is undergoing transformation due to underlying shifts in consumer values, technology and globalisation LONDON, United Kingdom — Luxury fashion is a very exciting business which can generate substantial returns if you get the formula right. Not only is there the ability to charge up to ten times

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Bespoke inflation, Chinese seek experiences, Barneys’ latest hire, H&M and Elin, Missoni’s Museum of Everything

| Daily Digest

Indochino Bespoke Suit | Source: Gear Patrol

Why Dressing Well Is Costing More (WSJ) “The culprit is the rising price of fabric. Cotton prices climbed a record 91% in 2010, and the price of crossbred wool hit a 14-year high in October, up 50% over 15 months… But higher material costs are only part of the story: Increasing demand caused by rising affluence is another.” New Experience Economy to Drive China Luxury in 2011 (Red Luxury) “Consumer demand

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Fashion’s cost crunch, NewGen winners, H&M soars on Lanvin, Givhan to Newsweek, Pierre Hardy’s fun house

| Daily Digest

Zara Catalogue A/W 2010 | Source: Zara

Cost, demand pressures face fashion retailers (Reuters) “The rising cost of cotton and labour and sluggish European demand are set to squeeze fashion retailers, results from world number one Inditex and others in the industry showed on Wednesday.” London’s NewGen 2011 Winners Announced (Style.com) “London is famously supportive of its young designers, and today, the British Fashion Council announced the 18 who

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Black Friday brightens mood, Price hikes, Lanvin performs well for H&M, WSJ vs. T, The making of Alexa Chung

| Daily Digest

Henri Bendel Holiday 2010 Catalogue | Source: Henri Bendel

US department stores gain Black Friday traffic (Reuters) “U.S. shoppers spent 6.4 percent more this Black Friday weekend than last year and hit department stores and clothing shops, rather than focusing on discounters as they had done in recent years.” Christmas shoppers stung by early price hike (Telegraph) “An investigation has revealed Christmas shoppers are being stung by rises of up to 26 per cent on gifts

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Lanvin’s fast fashion couture, Coach conquers Europe, Footwear News power list, Uniqlo sales dip, WWD at 100

| Daily Digest

H&M Champs Elysées | Source: Superfuture

Fast Fashion Meets Couture in Paris (IHT) “H&M has a particular reason to welcome the [Lanvin] collection to Paris: a new 2,800-square meter… store on the Champs-Élysées, designed by the French architect Jean Nouvel — the first time a ‘fast fashion’ chain has followed the architectural route.” Coach Gallops Into Europe (IHT) “Mr. Frankfort, chairman and CEO of the American accessories

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