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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Gap’s broke hipsters, Givenchy CEO, MyWardrobe’s new strategy, Franca power, Iris Apfel

Franca Sozzani by Peter Lindbergh | Source: Interview

Gap’s Targeting of Broke Hipsters May Be Flawed (Bloomberg) “Gap Inc., which drew legions of young adults in the 1990s with classic khakis and swing-dancing ads, is again banking on young, hip customers to resuscitate its sales. Too bad they’re broke now.” LVMH appoints new Givenchy CEO (FT) “Givenchy, the French fashion house owned by LVMH, has announced a new chief executive officer poached from Italian arch

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Saluting Nobility, Global consumer class, L Capital fund, Indian designers, Burberry scholarship

Calvin Klein, Ralph Lauren, Proenza Schouler A/W 2012 | Source: Style.com

Saluting Nobility, Tweeds and All (NY Times) “Oh, Mr. Lauren, you do amaze as you entertain. But seriously, you could not have been a better costume designer — as much as you love the movies — than you are an exceedingly good fashion designer. You may not have an ironic bone in your body, despite what your colleagues tell you, but you have the virtue, and indeed it is a great virtue, of being an earnest American.” New

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Fantasy island, LVMH and Fabindia, High expectations, HBS fashion tech boom, Celebrity designers

Marc Jacobs Autumn/Winter 2012 | Source: NY Times

A Magical Pilgrim’s Path (IHT) “In the sensible world of New York fashion, Marc Jacobs stands alone on fantasy island. And this season, he played his role as agent provocateur and psychoanalyst of style to the ultimate degree.” LVMH’s PE arm buys 8 pct of Fabindia (Reuters) “L Capital, the private equity arm of LVMH, the world’s biggest luxury goods group, has bought the 8 percent stake held by

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LVMH sees 2012 growth, Clothes make the man, Flash dance, Polo puzzle, Bill Cunningham

Bernard Arnault | Source: The Richest

LVMH Profit Meets Estimates, Sees 2012 Growth (Bloomberg) “LVMH Moet Hennessy Louis Vuitton SA (MC), the world’s largest maker of luxury goods, reported full-year profit that met analysts’ estimates and said it’s “well- equipped” to maintain growth in 2012. Net income rose 1 percent to 3.07 billion euros ($4 billion) in 2011, the Paris-based maker of Zenith watches said today.” In cities, clothes maketh the man (China

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Benetton ponders delisting, Good life, Bright young things, Diesel collaboration, New extremists

Benetton Autumn/Winter 2012 | Source: Fashion Latest

Benetton to make decision on delisting (FT) “The Benetton family will decide at a board meeting on Wednesday whether to delist the Italian knitwear group known for its brightly coloured jumpers after the company posted another plunge in profits as it struggles to compete with Inditex and H&M.” Luxury Companies That Can Bring You Closer to the Good Life (Money Morning) “A lot of consumers are hurting right now,

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