Feb. 19 (Bloomberg) -- LVMH Moet Hennessy Louis Vuitton SA raised some prices by an average 12 percent at its flagship brand in Japan, the unit’s biggest price hike, to offset the impact of the yen’s slide on sales.
The Louis Vuitton brand raised prices Feb. 15, spokeswoman Kaori Fuse said. Retailers such as LVMH, the world’s biggest luxury goods maker, are confronting a plunge in the yen that undercuts
The Real McCoy's Tokyo | Source: One and BeyondMade Better in Japan (WSJ) “Louis Vuitton sales are plummeting, and magnums of Dom Pérignon are no longer being uncorked at a furious pace. That doesn’t mean the Japanese have turned away from the world. They’ve just started approaching it on their own terms, venturing abroad and returning home with increasingly more international tastes and much higher standards, realizing that the apex of bread making may not be
Anna Dello Russo | Source: IndustrieMalls Face Surge in Vacancies (WSJ) “Even as the economy picks up steam, many of the nation’s malls and shopping centers are suffering a hangover due to changing consumer habits and the fallout from a massive building boom. Mall vacancies hit their highest level in at least 11 years in the first quarter… In the top 80 U.S. markets, the average vacancy rate was 9.1%, up from 8.7%.” Japanese retailers give
Laura and Kate Mulleavy | Source: Displaced BonesRodarte Steps Up to a Widening World (IHT) “Over the past year the fashion brand, created in 2005 by the sisters Kate and Laura Mulleavy, made headlines not only for its distinctive ready-to-wear collections but also for its first foray into costume design… [Now] they have announced that they have been invited by Pitti W, the womenswear portion of Pitti Immagine, to be its special guests at its June capsule collection
Ann Demeulemeester Autumn/Winter 2011 | Source: The Cutting ClassThe Tribes of Westwood, Owens and Demeulemeester (The Cutting Class) “While some designers tend to beat to the drum of being on-trend, others have already cultivated their own communities and are even referencing it within their collections. In the recent Ann Demeulemeester, Rick Owens and Vivienne Westwood collections you feel that they are speaking in a language that their customers already know and understand.”
