Market Pulse | No Sparkle Despite Shiny Results

| Market Pulse

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

…Continue Reading

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

| Daily Digest

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

…Continue Reading

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

| Daily Digest

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

…Continue Reading

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

| Daily Digest

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

…Continue Reading

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

| Daily Digest

Pinterest | Source: Digital Trends

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

…Continue Reading

1011121314