Little luxuries, Prada’s rich valuation, Off-price Chinese portals, Gilt’s Park & Bond, The best of Tumblr

Lanvin Petite | Source: Courtesy of Lanvin

Little Luxuries: Designer Apparel for Children is the Next Big Thing (Forbes) “Move over fast fashion collaborations, another way haute designers will reach more consumers this year is by crafting luxury clothing for the scooter set… Back to school will bring even more designer collections to the playground.” Can Prada get away with a luxury valuation? (CTV News) “The price range looks rich. The question is

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Anya Hindmarch’s dreams, Personalising the future, A tailored approach, Black Friday creep, Why Kate matters

Anya Hindmarch Cooper Tote | Source: Purseblog

Dreaming of Clasps and Tassels (WSJ) “Handbag designer Anya Hindmarch designs in her sleep—literally. Some of her best-selling ideas come in the early hours of light sleep at her London townhouse, when a dream culminates in an image of a bag, shoe or detail like a clasp or tassel.” The Future Will Be Personalized (Tech Crunch) “Today, we live in a world where we’re constantly overwhelmed by information. There are

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Reinventing Savile Row, Luxe boom to slow, Marc Jacobs’ chinoiserie, Elite buyer reviews, Boys to men

Saville Row Street Sign W1 | Source The Civilized Gentleman

Reinventing Savile Row (WWD) “Faced with constant pressure from the bottom end of the market, such as low-cost operations that claim to offer ‘bespoke’ goods… and the top end, in the form of slick designer labels… Savile Row’s tailors had a choice —evolve or go extinct.” Luxury goods boom set to falter (FT) “The US and Asia have been behind an unexpectedly strong recovery in luxury

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Lunch with Phoebe Philo, Luxe rebound, Holiday E-commerce, American Apparel’s new hire, Campaign for wool

Phoebe Philo | Source: Courtneycorner

Lunch with the FT: Phoebe Philo (FT) “Everyone was looking at me, and competition is fiercer because of what happened with the economy, but I also felt: it’s really not relevant to me what Céline has been or where it has been. It will be whatever I make it for the time I’m there.” Luxury fashion enjoys a rebound, takes no risks (Reuters) “While buyers are slowly returning to the shops in Western Europe and the

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Online sales in the EU, Coach drops, Jones sees profit, Blogging model revealed, Eastern Europe looks forward

EU To Adjust Rules Governing Online Sales (CNN Money) “The European Commission Tuesday said it plans to adjust the rules governing the rights of retailers to sell their goods on the Internet in an attempt to boost online sales in Europe.” Coach Drops On Worries About Slowing Comp-Store Sales (WSJ) “Shares of Coach Inc. fell as much as 7.1% Tuesday after the upscale leather-goods retailer’s fiscal

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Liberty explores sale, EU internet sales, Dutch auctions, Chinese consumers, China overtakes the US

Iconic floral prints, courtesy of Liberty

Liberty appoints advisers to review the business (Drapers) “Liberty has confirmed it is set to appoint advisers to lead a review of the business, which could lead to a sale of the iconic London department store.” LVMH, Chanel Force EU to Modify Draft Law on Internet Sales (Bloomberg) “Luxury goods makers LVMH Moet Hennessy Louis Vuitton SA and Chanel SA may win more control over how Web-based retailers sell their

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Net-a-Porter’s discount site, Milan’s design strategies, Mulberry beats expectations, Online rules

Outnet homepage

Net-a-Porter gives details of discount venture (Drapers) As revealed in BoF’s exclusive interview with Natalie Massenet in November, Net-a-Porter will launch a discount e-Commerce venture called Milan’s Choice: Appeal to Reason or the Gut? (WSJ) In order to lure customers, designers in Milan employed polarising design strategies. Mulberry to beat expectations (Drapers) According to Mulberry, the holiday

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L.A. boutique shutdowns, Luxury spending rules, Ideeli’s recession proof retail model, Sales plummet in December

Store fronts on Rodeo Drive, photo courtesy of WWD.

L.A. Specialty Boutiques Rocked by Shutdowns (WWD) In LA, troubled boutiques are closing in droves. The New Rules Of Luxury Spending (Forbes) “Today’s high-net-worth consumers are still spending–but they’re putting more thought into their purchases.”, Ideal Online Shopping? (JC Report) Ideeli’s invitation only online retail model is proving to be recession proof. Retail Sales Tumbled

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CEO Talk | Alex Bolen, Chief Executive Officer, Oscar de la Renta

Alex Bolen, CEO, Oscar de la Renta

NEW YORK, United States – It’s a new year, but the news hasn’t changed all that much for the luxury business. In fact, as the numbers roll in from the holiday season and for the fourth quarter of 2008, many executives’ worst fears are playing out. It’s a good thing the industry has leaders like Alex Bolen around to keep us all optimistic. A few seasons ago, I received an invitation to the Oscar de la

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Wang foregoes runway show, Online sales up, OilyBoy magazine, Holiday recession

Vera Wang Bows Out of February’s Fashion Week Tent (WSJ) Vera Wang is the latest designer who has decided to not have a priceyrunway show this upcoming New York fashion week. Online sales surge 16% in November (Drapers) Unlike brick and mortar stores, sales activity on e-commerce sites jumped 16% compared to last year in November. Fashion Guidance for Aging Japanese Lads (Washington Post) In Japan, there’s OilyBoy,

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Holiday Shopping, E-commerce scales back, Luxury shame, Promoting high-end goods

Holiday Shopping Off to Strong Start (WSJ) Due to door-buster deals, retail sales on Black Friday were strong, but crowds petered out over the course of the weekend. As Online Shopping Scales Back, Big Names Will Dominate (Seeking Alpha) According to a J.P. Morgan survey, "nearly 30 percent of online shoppers say they plan on spending less this year during the holidays than last year." Luxury Shame (Newsweek) In these difficult economic times, conspicuous consumption isn't en vogue—even for the richest of the rich. Celebrating Luxury in the Time of Melancholia (New York Times) Many luxury magazines are trying to figure out how to promote expensive items without seeming "out of touch." Black Friday shopping, photo courtesy of the Boston…

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Luxe Ad sales down, Barney’s mailer, Paris shopping, Perfumers, Macy’s consolidation

For Luxury Brands, Less Money to Spend on Ads (New York Times) The rapidly plummeting market for luxury goods in the United States (down 20.1% in October according to MasterCard) is having a knock-on effect on advertising spending. Barney’s Designer Mailer Online Catalogue (Dualité) Following in the steps of Net-a-Porter, Barney's "Designer Mailer" signals a continuing trend in "shoppable editorials" online. Paris's newest and hippest shopping destination (IHT) In Paris on Rue Mont Thabor, "a quiet [shopping] revolution has been taking place since the Maria Luisa store, with its raft of artfully selected designers, moved there after 20 years on Cambon." Perfumers Make Their Big Holiday Push (WSJ) Despite fragrances' slumping sales this year, companies are still launching new scents…

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