Chloe Raises the Roof at the Tuileries Tent in Paris | Photo: BoF

LONDON, United Kingdom — It was a fashion season of extreme weather. After the New York Fashion Week schedule was upended, first by an earthquake and then by the State of Emergency declaration that came courtesy of Hurricane Irene, an unprecedented heat wave in Paris threw buyers, editors and bloggers into a wardrobe tailspin.

The American editors were worst off, having packed for the European shows two weeks before Paris with no prior notice of the heat wave that was to come. After a few days of shows in impossibly hot venues, some of them resorted to ripping the sleeves off their outfits or just wearing their ‘airplane clothes.’

Brands tried to ease the pain. Fans were distributed at shows alongside champagne and much to everyone’s relief, Chloe arranged for the roof of the Tuileries tent to be removed for their show, letting in the sun and much welcome breeze. Meanwhile Net-a-Porter, always on top of a new market opportunity, delivered heat wave friendly clothes to editors caught without weather-appropriate attire.

But of course the real action was on the runway and in conversations between BoF and the good and the great of the global fashion tribe at a season filled with its fair share of events and parties.

Without further ado, it’s time to look back at Spring/Summer 2012, the season that was.

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Louis Vuitton store in Mongolian capital, Ulaanbaatar | Source: Courtesy LV

The Luxury Frontier (WSJ)
“What happens when a country previously hindered by vastness and foreign rule awakens to wealth on its doorstep? With Louis Vuitton on one corner and one of the world’s largest gold deposits down the road, the previously nomadic society of Mongolia is putting down some rich roots.”

Paris Men’s: Dude Surfers (On the Runway)
“The Paris men’s shows could always surprise with a great venue, or staging, or casting that conveyed the spirit of the designs. But Thursday’s shows put out so little energy that they made a case for seeing the clothes in the showroom. Or catching them later online.”

Prada Is Making Fashion in China (WSJ)
“About 20% of Prada’s collections… are made in China. The Milan-based company manufactures outside Italy in other cheaper countries such as Vietnam, Turkey and Romania… ‘Sooner or later, it will happen to everyone because [Chinese manufacturing] is so good,’ Prada designer Miuccia Prada said in an interview.”

Uniqlo and Jil Sander part ways (Telegraph)
“The German fashion designer Jil Sander, feted for her minimalist aesthetic, and Japanese retailer Uniqlo, are to part ways after working together for almost three years. The +J collection , which was launched in 2009… will make its final foray into stores with a range for this coming autumn and winter.”

What Has Pierre Cardin Been Up To? (WSJ)
“The legendary fashion designer has purchased a vast array of buildings there over the past decade, and, the locals advised me, he was taking a hands-on approach to their reconstruction. His acquisitions now number more than 40, the most famous being the château of the notorious 18th-century libertine the Marquis de Sade.”

Burberry Mens A/W Show 2011 in Milan | Source: Oki-ni CultureShoq

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 the cost of manufacturing a garment and the potential to build a global business; apparel can be the beginning of a page-turning blockbuster, accessories and leather goods are the next chapter, fragrances and eyewear licenses the well-oiled plot. The story can have a happy ending with the promise of many sequels to come.

Success stories in this field are mouth-watering: Burberry’s share price climbed from 175p in November 2008 to 1,116p at the beginning of this year as the brand went from strength to strength and reportedly attracted the attention of a number of acquirers. Lanvin has embarked on a stellar growth trajectory with plenty of potential yet to come. However, not all blockbusters have a happy ending. The latest crisis has claimed a number of victims: Christian Lacroix, Gianfranco Ferré, Yohji Yamamoto, Luella Bartley to name a few.

In this article we will examine how the traditional designer business model has come under threat and what key factors we believe are necessary to ensure the success of a luxury fashion label today. Finally we will take a look at what lies ahead for the luxury fashion sector.

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Jil Sander Spring/Summer 2010 | Source: Pitti Immagine

MILAN, Italy — This season, BoF dipped its toes a bit deeper into the waters of the Italian men’s fashion scene, starting with Pitti Uomo and moving on to fashion week in Milan. And, as the fashion circus moves on to Paris tomorrow, my fashion fantasies are still lingering on the outstanding presentation by Raf Simons for Jil Sander Spring/Summer 2011 at the stunning Villa Gamberaia just outside Florence. It might not have been particularly wearable, but it certainly left a lasting impression.

Editors and bloggers were out in full force to see Mr. Simons’ pops of colour, which Tommy Ton aptly described—in the words of Michael Roberts, he was careful to point out—as a bit of sorbet to “cleanse the palate” before the start of the season. Tim Blanks called it “a synthetic sundae.” And afterwards, Susie Bubble was practically reeling from the sensory overload created by the combination of fluorescent colour-blocking, the setting sun, a looming rainstorm and those sweet flashes of colour below the classic shoes.

Describing the collection, Raf Simons told BoF that it was “A celebration of colour; a tribute to the vibrancy of extreme tropical nature, with colours that were brighter than ever before, renewing the summer wardrobe and subverting the codes of formal tailoring.” Indeed, it was a refreshing and promising start for the men’s season which had just begun.

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Jil Sander's +J for Uniqlo | Source: Uniqlo

Jil Sander Bathes in the Glow of Uniqlo (NY Times)
“This sensitive yet strong woman, trained as a textile expert, created a fashion house… and listed her company on the Frankfurt stock exchange… The fact that she walked out twice on Prada… is part of 21st-century fashion legend.”

Taking the High Cost Out of Haute Couture (IHT)
“In the spirit of the Jil Sander/Uniqlo collaboration — but at a middle-market price point — Mr. Theyskens is taking to Main Street an aesthetic that has formerly been seen at the Paris houses Nina Ricci and Rochas.”

Luxury brand diversification does have limits (Reuters)
“Diversification into new areas, which you do not really master, can be risky… But the luxury industry is full of examples of failed attempts to branch out.”

Versace sees profit in 2011 after restructuring (Reuters)
“Versace is looking to return to profit in 2011, after restructuring and weak demand dragged down revenue in 2009… [The company] posted a consolidated operating loss of 49.6 million euros in 2009, compared with a loss of 400,000 euros a year earlier.”

CFDA: Fashioning a National Identity (Style.com)
“The 28th annual CFDA Awards were back at Alice Tully Hall in Lincoln Center… for the second year in a row, and the stars came out to support the evening’s nominees.”