Permira holds Boss, Chanel wins suit, Vuitton’s new ads, Recession’s reality on Rodeo, Christmas trading

Rodeo Drive | Source: Shutterstock

Permira to keep Hugo Boss, ProSieben for years (Reuters) “Permira doesn’t plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company told Reuters.” Chanel wins counterfeit case but is forced to pay damages (Telegraph) “A seamstress who took Chanel to court for stealing her small firm’s crochet pattern has lost her

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Margiela confirms exit, Primark’s record sales, Talbots in surprise merger, Lara Stone for Vuitton, The Power 25

Martin Margiela to Leave Fashion House He Founded (NY Times) “Insiders had known for months that Mr. Margiela had left the company in all but name. The designer’s particular vision, which had focused on the authenticity of the vintage artisan fused with modern photo prints depicting wrinkles or handwork, was missing from recent shows.” Primark beats its one-day sales record (Independent) “The flagship Primark

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Shoes and bags endure, Catwalks a-twitter, Back to basics, Recession launches, Vuitton to Lebanon

Courtesy of Chanel

Shoes, bags prove staying power in luxury crisis (Reuters) “At the height of the luxury goods boom, launching a single successful “it” bag was enough to substantially alter a company’s profit outlook. Over the past week at the Paris fashion shows, buyers, designers and executives were hoping the same kind of accessories magic would help luxury firms weather the economic downturn.” World’s fashion

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H&M sales disappoint, LFW looks forward, Condé Nast prepares for cuts, Leibovitz for LV, Luxury and social media

Jimmy Choo for H&M, courtesy of H&M

H&M August sales disappoint (FT) “Hennes & Mauritz, the world’s third-biggest clothing retailer by sales, on Thursday announced a 4 per cent increase in third-quarter earnings but August sales were worse than expected.” Eye on London: Fashion Week at a Turning Point (WSJ) “A three-year, $6.9 million funding package from the London Development Agency has helped fund the British Fashion Council’s

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Google vs. Vuitton, Hermès: Japan slump continues, U.K. online sales climb, Fashion branding, Savile Row survival

Handbags at dawn for Louis Vuitton and Google (FT) "It will be handbags at dawn on Tuesday in Strasbourg as the world’s luxury goods makers line up to listen to the European Court of Justice’s advocate-general give his opinion in the case of Google versus Louis Vuitton." Click here to watch the Bloomberg video. Hermès CEO Sees No Light in ‘Tunnel’ This Year on Japan Slump (Bloomberg) "Hermès International SCA Chief Executive Officer Patrick Thomas said he isn’t optimistic about the next six months because of a delayed economic recovery in Japan, the French luxury-goods maker’s biggest market." U.K. August Online Sales Climb More Than Expected on Clothing (Bloomberg) "U.K. online retail sales climbed more than expected in August as shoppers, lured…

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Nick Knight speaks, Inditex’s online push, Shared origins of Calvin and Ralph, Star style power fades, LV in Beirut

Nick Knight on location

Nick Knight on fashion, photographs and failings (Times) Luke Leitch interviews Nick Knight: “I have friends in the City who are amazed by how the fashion business is conducted. It’s controlled by a few people, and not particularly well.” Inditex 1H Pft Beats Views; Plans Online Push (WSJ) “Inditex SA, Europe’s top fashion retailer by revenue, Wednesday said it plans a major push online for its flagship Zara-brand, as it reported

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Fashion redefined, LV wins counterfeiting suit, Fashion Darwinism, Inspiring bloggers, Fashion cycles

READY, SET, SHOP Outside Macy’s in Queens before “Fashion’s Night Out,” courtesy of The New York Times

High Fashion Faces a Redefining Moment (New York Times) “Designer fashion — the creative wellspring of the American apparel industry, the engine of style magazines, the stuff of plain old dreams — is experiencing a serious case of the blues. As another show season rolls out across the city, against the chilliest retail climate in years, many believe this is not merely a difficult moment for high-end fashion but a defining one

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Louis Vuitton film award, Boris in ELLE, Burberry comes home, Fashionair talent hunt

Vuitton to Sponsor Film Award (WWD) "Louis Vuitton said Monday it would bestow $25,000 prizes to the two student filmmakers who make the best two-minute works on the theme of “life as a journey." Dishevelled London mayor graces fashion cover (AFP) "London's famously dishevelled mayor, Boris Johnson, will grace the cover of fashion bible Elle next month in what many will see as a surprising partnership to mark 25 years of London Fashion Week." Burberry has come home (Telegraph) "The launch of this collection will be a massive event, the highlight of London Fashion Week. Not only is it the 25th anniversary of LFW and the British Fashion Council, it is also the first time since Bailey joined the brand…

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Chanel’s Future, Chinese luxury tastes, Cautious Green, Givenchy couture, E-tailers struggle for marketshare

Chanel Haute Couture show, courtesy of The New York Times

Chanel, Now and Then (New York Times) Cathy Horyn discusses the future of Chanel with Karl Lagerfeld. Louis Vuitton, Cartier Are Preferred by Chinese, Survey Shows (Bloomberg) “Louis Vuitton and Cartier are the top choices of Chinese consumers for purchases as their thirst for luxury goods remains unabated in the global economic crisis, a survey commissioned by Ruder Finn Asia showed.” Sir Philip Green cautious on

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Madonna for Vuitton, Plus-size style, Bangladesh textile protests, High Street Fashion Week in London

Madonna for Louis Vuitton A/W 2009, courtesy of Louis Vuitton

Madonna in New Vuitton Ads (WWD) “Marc Jacobs was so pleased with this spring’s Louis Vuitton campaign featuring Madonna that he was eager to do an encore. But very quickly Marc said, ‘I want something completely different,’ related Antoine Arnault, Vuitton’s communication director.” Plus-size fashion: style for the fuller figure (Telegraph) “On Sunday night, as the British soul singer Adele

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H&M gains, Dior releases trailer, Esprit opens new stores, LV exhibit to open in HK, De La Renta looks to the Gulf

H&M S/S 09 ad campaign, courtesy of H&M

H&M’s 8% April Comparable Sales Gain Breaks Trend (WSJ) “Fashion retailer Hennes & Mauritz AB Friday said April sales in comparable stores rose for the first time since July, indicating that it may be recovering from the global trend of consumers reining in spending amid the economic slowdown.” Dior Jumps on the Viral-Video Bandwagon (NYMag.com) “The House of Dior will release a short film on May 20,

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Resilient Hermès, Analysts predict 2010 recovery, Most powerful luxury brands, Fashion’s blue book

http://www.youtube.com/v/9oTtvhqA-KM&hl=fr&fs=1"

Hermès Q1 sales get lift from bags, currencies (Reuters) “Hermès proved again it was resisting the crisis better than many of its rivals with a 3.2 percent rise in first-quarter sales, helped by exchange rates and resilient demand for its handbags.” Have a look at this video from the CBC’s Fashion File to see the underlying craftsmanship that has served the brand well during the downturn. Financial Analysts

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