Vuitton CEO surprise, Web only no more, Instagram outrage, Vice buys i-D, Posen on Project Runway

Louis Vuitton Autumn/Winter 2012 | Source: Louis Vuitton

LVMH says Louis Vuitton CEO quits over ill health (Reuters) “Louis Vuitton’s new chief executive has quit suddenly from the helm of luxury group LVMH’s top brand because of health reasons, LVMH said on Tuesday. The world’s largest luxury company said Jordi Constans would be replaced by Michael Burke, chief executive since February of Bulgari, the Italian jeweller that LVMH added to its stable last

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Market Pulse | Reassurance

Savigny Luxury Index November 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (‘SLI’) increased by almost 3 percent in November, while the MSCI World Index (‘MSCI’) slipped nearly 1 percent for the month.  From mid-November, global markets and the SLI enjoyed a strong rally on better economic news from China and hopes that the US might avoid the feared fiscal cliff. Big news A flurry of positive economic newsflow has lifted investors’

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Prince of prints, Brazil fashion rising, Embracing Africa, 3D photo booth, Emblematic Vuitton

Peter Dundas | Source: Nano Press

Why Peter Dundas is Pucci’s prince of prints (The National) “The last thing you expect Peter Dundas to be is the fashion guy. From his sheer physical presence, he’s a car man maybe, a surfer or a quarterback – the sort of guy who rides a motorbike that roars like a chainsaw. What he is, is in fact “the prince of prints” – the creative director of Pucci, the Italian luxury label.” How

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Market Pulse | Growth, But Perhaps Not As It Used To Be

Savigny Luxury Index October 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) gained 4.2 percent in October, outperforming the MSCI World Index (MSCI) by more than 6 percentage points.  Much anticipated results announcements confirmed that the sector still has strong fundamentals but that the three-year boom is coming to its close. Big news Newsflow pointed to a slowdown in growth for the sector, rather than the meltdown anticipated by the Burberry

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Week in Review | YSL’s wake up call, Burberry causes a downpour, Looking back at Paris Fashion Week

A Wake-Up Call for YSL’s PR Team (Opinion) “A few weeks ago, Yves Saint Laurent’s PR team wrote to BoF, asking that we edit a tweet. We had shared one of the striking new Saint Laurent campaign images with our followers, referring to the campaign as ‘Saint Laurent Paris.’ Brands often write to thank us for sharing their advertising campaigns with our community, but this was the first time that a brand had written asking us to

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Geometry trend, Turkey’s fight for prestige, Burberry on top, Digital impetus, Hellen Van Rees

Louis Vuitton Spring/Summer 2013 | Source: Nowfashion

A Game of Checkers (IHT) “The Louis Vuitton show hit its graphic target on Wednesday, marking a sparky and spectacular moment on the last day of the monthlong international season. The show underscored one of the strongest themes for summer 2013: geometry, redrawing in straight lines the shapely female body.” Turkey fights for a new prestige (FT) “The story of Turkey today is of a country seeking new customers and

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Prada bucks slowdown, Let there be light, Logo fatigue, Aeffe adds Ungaro, Made in India

Prada Made in India collection | Source: High Snobette

Will Prada Finally Succumb to Global Luxury Slowdown? (CNBC) “Italian fashion house Prada has been a bright spot in a slowing global luxury retail space, and its latest earnings report underscores the resilience. The company delivered another set of solid earnings on Tuesday — first-half net profit surged 60 percent to 286 million euros ($372 milion), thanks to demand from Asian spenders.” Let There Be Light (IHT)

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J.Crew influencers, Gap lifts profits, Prada’s independence, Handbag appeal, Jourdan Dunn

Rodarte Autumn/Winter 2012 backstage | Source: Fashionising Pictures

J.Crew Taps Street Style, Industry Insiders, and Tumblr’s Founder (Fashionista) “You won’t see any big-name models in J.Crew’s fall 2012 ad campaign–but that doesn’t mean you won’t recognize any of the faces. The mega-retailer has tapped a handful of successful fashion industry types (who just, you know, happen to be model-good-looking) to star in its latest ad campaign.” Gap lifts profit view, Aeropostale

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Raf Simons speaks, Hermès growth slows, China fashion in London, Leather art, Olympic fall guy

Raf Simons on his Dior couture debut (Telegraph) “Speaking in a video posted on Dior’s official YouTube page, Simons explains the concept behind his much-lauded collection and how it felt entering into a house with such rich history in his first interview since the July 2 show.” Hermès sales growth slows as economies falter (Reuters) “French luxury goods maker Hermès said second-quarter sales growth slowed

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Copping’s time, EBay on the high-end, Investcorp buys into Orka, Birkin appeal, Home shopping

Ebay logo | Source: Bloomberg

Peter Copping: L’Homme du Temps (WSJ) “Peter Copping studied fashion at London’s Central Saint Martins College of Art and Design and the Royal College of Art before going to work for Iceberg, Sonia Rykiel and Louis Vuitton. Copping’s stint at Louis Vuitton under artistic director Marc Jacobs lasted 12 years—until, in 2009, he was appointed creative director of Nina Ricci.” EBay Follows Target, Aims for

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Are Fashion Brands Underestimating the Importance of China E-Commerce?

Gap Store on Tmall | Source: Tmall

BEIJING, China — With its burgeoning middle class and status-conscious consumer culture, China remains the primary engine driving luxury market growth, even in a rapidly weakening global economy. But recent reports from China’s National Bureau of Statistics show that even China’s economy is experiencing what one Chinese cabinet member called a “sharp slowdown.” For fashion brands operating in China, this presents a distinct

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Loewe’s trajectory, Burberry rising, Vuitton’s top spot, Uniqlo expands, Prada and Polanski

Backstage at Loewe Fall/Winter 2012⎮Source: Wonderland Magazine

Spain’s got talent (Telegraph) “Stuart Vevers and Lisa Montague, the British duo who set Mulberry on the road to global superstardom, have taken their recipe to Loewe, the luxury heritage brand based in Madrid. Will it taste as sweet?” Burberry to invest in new, bigger stores (Reuters) “British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million

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