America’s new heritage, Testing the recovery, Cautious spending, Booming accessories, Katie Grand’s next step

L.L. Bean Brushed Lambswool Crew Fair Isle Sweater | Source: L.L. Bean

Is L.L. Bean Driving the Runway? (WSJ) “So-called ‘new heritage’ brands, created by youthful designers and inspired by iconic outdoor apparel companies, are opening their doors with Gold Rush speed.” Italian fashion houses see 2011 as key test for recovery (Reuters) “The luxury industry will only see in 2011 whether a full recovery is under way… with one predicting global sales could double in

…Continue Reading

Asian acquirers, Outsourcing truths, Saks shares surge on bid talk, Boomers get social, McQueen memorial

MCM handbags | Source: MCM

Relocated labels (FT) “From individual consumers of luxury goods, the Chinese and Indians have become consumers of luxury companies, in a shift that has far-reaching implications for the $80bn (€63bn, £52bn) a year industry.” When luxury brands outsource, should they tell? (Today) “Italy’s Parliament has passed a law that [requires] manufacturers be able to prove that their products were primarily made in

…Continue Reading

Authenticity’s worth, Luxe rebound, Gareth Pugh’s retail debut, Singer shakes it up, Givenchy and Lea T break barriers

Apple's iPhone4 | Source: Apple

Why Do We Care About Luxury Brands? (Wired) “There’s now suggestive evidence that our faith in the authentic – especially when the authenticity is supported by effective marketing campaigns – is a deep seated human instinct, which emerges at an extremely early age.” Champagne corks popping again in luxury business (AFP) “Champagne corks are popping again in the luxury business as “It” bags and

…Continue Reading

Middle East focus, Gianfranco Ferré auction begins, Reviving Edun, Gucci Group lawsuit, Goyard’s bible

DLF's Emporio Mall, New Delhi | Source: defence.pk

India, Brazil on hold, luxury targets Middle East (Economic Times) “Luxury groups discouraged by thickets of red tape and taxes are putting on ice ambitions to expand into India and Brazil and focusing instead on the Middle East, their No.2 priority after fast-growing China.” Auction of Fashion House Gianfranco Ferré to Begin (WSJ) “The auction of bankrupt Italian fashion house Gianfranco Ferré SpA kicks off

…Continue Reading

African fashion influence, Brands look back, E-commerce innovation, European M&A, Mickey the Merchant Prince

Lanvin Autumn/Winter 2010 Detail | Source: Style.com

Africa’s influence in the fashion industry (FT) “A long way from the World Cup epicentres of Johannesburg and Durban, catwalkers in New York and Paris are already marching to an African beat… chiming with the prevailing mood makes economic as well as sartorial sense.” Will Last Century’s Styles Open Today’s Wallets? (NY Times) “Brands are combing their archives in the hope that old clothing styles with a

…Continue Reading

Back to the core, How we shop, Mystique of the handmade, Valentino not for sale, Fashion copyrights

Balenciaga Giant First Handbag, available at Barneys | Source: Balenciaga

Luxury Market Turns Its Attention Back to Core Customers (Retail Traffic) “Most consumers have curbed spending, paid down debts and started to replenish their savings. ‘That doesn’t leave you a whole lot of money at the end of the month to buy a $6,000 handbag.’” How we shop now (Times Online) “The politicians say it is an age of austerity, yet sales of It bags are booming. Welcome to the era of

…Continue Reading

Horyn and Menkes beg to differ on designer appointments, Vuitton’s boom, Eco-friendly factories, Luxury Titanic?

Christophe Lemaire, new chief designer at Hermes | Source: Adah

Three Separate Challenges (NY Times) “With a number of companies now being run by equity-market managers, you can bet your bottom dollar that they would love to get their hands on an experienced design maestro — if more were available.” A New Pragmatism Behind the Catwalk (IHT) “A post-recession strategy likely to define luxury brand management for the early 21st century has emerged from a week packed with

…Continue Reading

Louboutin takes a stand, Macy’s returns to profit, China not a free for all, Luxury lives, Uniqlones invade NYC

Christian Louboutin Destroys Shoes in Web Video (WSJ) "Two weeks ago, luxury footwear designer Christian Louboutin quietly launched a new website that prominently featured a rather unusual video. In it, a truck drives over a pile of what appear to be Mr. Louboutin’s signature red-soled shoes." Macy's reports profit on sales, margin growth (Reuters) "Macy's Inc. posted improved quarterly results on Wednesday as the department store operator benefited from a strong recovery in consumer spending and efforts to cater merchandise to local tastes." Hold Off Being Bullish on China's Luxury Market (WSJ) "China's wealthiest consumers shrugged off the global financial malaise faster than their peers in other parts of the world, but high-end Western brands shouldn't see the Chinese market…

…Continue Reading

The end of discounting, Italy’s brighter outlook, M&A activity to rise, Tweeting brands with respect, Rodarte’s future

Barney's Spring/Summer 2010 | Source: Barney's

‘Get-It-Cheap Party’ for Luxury Goods Ends at Saks, Barneys (Bloomberg) “Luxury chains including Barney’s and Saks Inc. are selling costlier goods after scaling back discounts and promotions they offered to attract shoppers in the recession.” Outlook brightens for Italian luxury sector: study (AFP) “Prospects for Italy’s luxury goods sector are looking up thanks to strong sales forecasts in Asia, Latin

…Continue Reading

YSL’s fashionless film, Spending quietly, Escada’s rebirth, Ralph Lauren’s mobile magic, A question of heritage

Charging Bull by Arturo Di Modicae | Source: paoladifraia

YSL and a Naked Screen (IHT) “With social networking the subject of the moment, Yves Saint Laurent made a bold decision to link its men’s wear to a new generation…But viewers won’t be getting even a glimpse of the perfectly cut coats, the jackets with a tendency to be rounded up at the base of the spine or even the drop-crotch pants that are a favorite of the designer, Stefano Pilati.” Ready to Spend, but Not to

…Continue Reading

Luxury recovery, Macy’s brand hunt, Search engines serve up luxury, Mainland Chinese spend less, Shirt details

Luxury Goods Will Regroup as Economy Recovers (Apparel News) “Discounters and off-price stores were the real winners in 2009 as bargain-hungry shoppers gobbled up inexpensive clothing and sale items. Meanwhile, luxury goods were pariahs, stuck on shelves as well-to-do consumers re-evaluated their stock portfolios and played it conservative. But that scenario could be turned upside down this year.” Macy’s on the

…Continue Reading

Tiffany shines again, Tony Blair and LVMH, Italy to exit crisis first, Shifting values of the wealthy, Chic clicks

Jean Schlumberger for Tiffany's | Source: Tiffany & Co.

Shine returns as Tiffany’s sales rise (FT) “Tiffany, the US jeweller, raised its profit outlook yesterday as strong holiday sales brought some shine back to an industry that cash-constrained consumers shunned during the worst of the recession.” Tony Blair could help LVMH’s forays into new markets (Reuters) “Tony Blair’s expected appointment as adviser to LVMH… could help it penetrate tough

…Continue Reading

Luxury reconditioning, iPhone apps abound, Topshop’s US success, Consumer confidence rises, Edun’s great hope

Even Luxe Buyers Expect Discounts (Adweek) “We examine some other aspects of the luxury-buyer mind-set, including attitudes toward discounting and brands’ use of the Internet, as well as the post-recession outlook.” The New Must-Have Accessory (WSJ) “Amid a recession that’s clobbering sales of designer apparel, growing numbers of designers are rushing to embrace mobile-device technology in hopes of

…Continue Reading