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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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

| 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

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