New Couture, Hard luxury, Brothers in innovation, Return of the Czarinas, Jack Wills’ entrepreneur

Alexander McQueen Couture 2012 | Source: Too Clothes Minded

Couture Is Seeding Itself (IHT) “Discreetly, almost imperceptibly, haute couture has re-seeded itself, without any artificial insemination. Across the fashion world, houses built on ready-to-wear are exploring the possibilities of, or just quietly joining, the universe of high fashion.” Fashion follows trend for hard luxury (FT) “As the fashion industry descends on Paris this week for the haute couture shows, one

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The Week in Review | Fashion’s new frontier, Hiut’s artisanal denim, CSM’s Drew Henry

The Week in Review, May 28 - June 1, 2012

Could Africa be the Next Frontier for Fashion Retail? (Global Briefing) “With large international fashion retailers like Mango, Zara, Levi’s and Gap already active in Africa, and ASOS offering free deliveries to the continent, perhaps it’s time to ask the question: could Africa be fashion’s next frontier?” Hiut Denim Unites Artisans with Technology (Intelligence) “In 2011, with the goal of bringing

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Arnault’s empire, Talbots buy-out, US retail sales up, Hong Kong slows, Kawakubo’s achievement

Bernard Arnault | Source: Courtesy Photo

The empire of desire (Economist) “Mr. Arnault is the chairman, chief executive and controlling shareholder of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury group. Over the past quarter-century he has transformed a small, nearly defunct clothing manufacturer into a conglomerate that controls more than 60 luxury brands.” Talbots Accepts Lower Sycamore Bid in $369 Million Takeover (Bloomberg)

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Hermès names CEO, Neiman profits up, Consumer confidence sinks, Made in Britain, Dolce & Gabbana

Le Carré Hermès Spring/Summer 2012 Campaign | Source: Hermès

Hermès Family Back in Saddle (WSJ) “The founding family of French luxury-goods maker Hermès International Tuesday named a member of its sixth generation to become chief executive next year, cementing its grip as the threat lingers from larger rival LVMH Moët Hennessy Louis Vuitton.” Neiman Marcus 3Q profit rises 35 pct (Businessweek) “Upscale retailer Neiman Marcus Inc. said Tuesday its fiscal third-quarter profit

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Modern Chinese, Vuitton’s mystique, Dr Martens bids, The Sartorialist speaks out, Steven Alan

Prada Menswear Spring/Summer 2010 | Source: Twenty2

What the Chinese Want (WSJ) “The rise of microbloggers, the popularity of rock bands with names like Hutong Fist and Catcher in the Rye, and even the newfound popularity of Christmas all seem to point toward a growing Westernization… Consumers in China aren’t becoming ‘Western.’ They are increasingly modern and international, but they remain distinctly Chinese.” LVMH looks to burnish Vuitton

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Wobbles in China, Aquascutum acquisition, Tod’s up on US strength, Luxup launch, Curating cool

Aquascutum Autumn/Winter 2012 | Source: MyDaily

Europe’s Luxury Rally Founders as China, Greece Hurt LVMH (Bloomberg) “The biggest rally in three years for luxury-goods makers in Europe is fizzling on concern slower economic growth in China and renewed euro-area political turmoil after Greece’s inconclusive election will choke off demand.” China’s YGM takes Aquascutum off the shelf (Reuters) “YGM Trading Ltd has agreed to buy Aquascutum, the failed luxury

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Vogue’s global pledge, LVMH suffers setback, Facebook prices shares, Love of lace, Marc Jacobs

Vogue Editors | Source: Front Row Mode

Vogue promises to ban underage or ill models (Guardian) “The editors of the 19 editions of Vogue magazine worldwide have added their voices to efforts to tackle eating disorders and the use of underage girls in the modelling industry.” LVMH suffers partial setback in eBay court challenge (Reuters) “French luxury goods company LVMH suffered a setback in its attempts to stamp out counterfeit trading on eBay, as a

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Gender imbalance, Rising prices, DLF exits luxury, Bloomingdale’s in Canada, Helmut Lang

Diane von Furstenberg, Nadja Swarovski and the Swarovski award winners | Source: Style.com

Where Are the Women? (Style.com) “On the eve of the Costume Institute’s exhibition celebrating two pioneering female talents—Elsa Schiaparelli and Miuccia Prada—Nicole Phelps asks why there aren’t more successful young women designers in New York.” LVMH Skips European Austerity Raising Prices for Chinese (Bloomberg) “Chinese tourists traveling to Europe to take advantage of savings as much as 50

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Market Pulse | No Sparkle Despite Shiny Results

Savigny Luxury Index April 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) continued its sluggish performance this month, ending almost flat (SLI components actually fell an average of nearly 2 percent when expressed in local currency) compared to a drop of 0.7 percent in the benchmark MSCI World Index (MSCI).  Newsflow was good overall, with strong results and two successful IPOs, but dampened somewhat by concerns about growth prospects. Big news

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Fashion for kids, PPR sales up, ASOS meets targets, Carr departs Pringle, Nowness in China

Burberry Kids Campaign 2012 | Source: Ms Style and Grace

That Dress Is So Preschool (NY Times) “Now, children are the new accessory, as once-snooty brands line up to please conservative-minded millennials while they use tiny garments to strengthen their brand power in regions like Asia.” Solid Q1 sales growth at French luxury group PPR (Business Week) “Blockbuster growth in luxury sales drove an 11 percent gain in first-quarter revenue at French retail and luxury group

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LVMH tops estimates, Trench warfare, Clean up in China, Debating TOMS formula, Lace’s grace

Burberry Spring/Summer 2012 | Source: Design Scene

LVMH First-Quarter Sales Top Estimates, Defying Slowdown (Bloomberg) “LVMH, the world’s largest maker of luxury goods, reported first- quarter sales that beat analysts’ estimates as demand for its products accelerated, defying an “uncertain” European economy.” Trench warfare: Burberry vs Aquascutum (Independent) “Two of Britain’s most well-known fashion labels found themselves at rather different ends of the spectrum

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Reviving Sperry, Arnault’s optimism, Simoens departs Leonard, High heels, Vanessa Traina

Sperry Top-Sider Spring/Summer 2012 | Source: Bellazoon

Reviving Sperry (Boston) “The 1990s were not kind to the Sperry Top-Sider. The iconic boat shoe blazed to the fashion forefront in the early 1980s after gaining fame and acclaim in ‘The Official Preppy Handbook’ and countless John Hughes films. But by the end of the decade, the New England-based shoe had fallen out of favor, the sartorial equivalent of Wang Chung.” LVMH CEO says sales growth speeds up in Q1

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Proenza’s trajectory, Social curation conundrum, Tech bubble, Fairytale fashion, Loewe’s identity

Pinterest screenshot | Source: Pinterest

Proenza Schouler on the move (LA Times) “Just this month the Council of Fashion Designers of America announced that McCollough and Hernandez once again are finalists in the trade group’s prestigious annual competition, a distinction that seems to be becoming routine… And, thanks to new investors, they are entering a new phase of growth, with retail stores and an even wider range of clothing and accessories on the

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