Market Pulse | Bounce Back Amid Clouds

| Market Pulse

Savigny Luxury Index October 2011 | Source: Savigny Partners

LONDON, United Kingdom — The market roller coaster continues, but the luxury sector has once again outperformed the general market. While questions remain about the ability for China to sustain the growth of luxury brands, investors seem to be on side again, at least for now. Analysts remain divided about the future of the luxury sector in 2012, amid much macroeconomic uncertainty. Big news • Renewed confidence in the sector

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Flash sales lose flash, Storm clouds over Chinese e-commerce, LVMH confidence, India’s luxury boom, LFW to LA

| Daily Digest

Zouxiu | Source: Zouxiu

Online flash sales less flashy as inventory shrinks (Reuters) “The flash sales business has lost some of its flash, forcing online luxury clothing merchants such as Gilt Groupe, Ideeli and Rue La La to radically change their business models. These businesses burst onto the fashion scene during the recession to try to move a mountain of unsold clothes. Now there is less luxury inventory and flash sales sites are bigger. That has

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Hermès’ plans for India, Fashion Week battle continues, eBay’s mobile sales up, Rags to riches, LVMH opens its doors

| Daily Digest

L-R Céline, Comme des Garçons, Miu Miu S/S 2012 | Source: Style.com Source Style.com

Hermès sees sari as way in to India (FT) “It’s perhaps not surprising that the first offer of a sari from a western company comes from Hermès, which last year launched a bespoke Chinese brand, aimed at winning more Chinese customers while resuscitating China’s craft tradition… India’s luxury market has recently captured the attention of European and American fashion houses, as the increasingly affluent elite shrug off years of

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Milan’s driving ambition, LVMH controls Bulgari, Magazine commerce, Who Is On Next, Tweet or be discreet?

| Daily Digest

Yelling ‘Fire’ on a Crowded Runway (NY Times) “Without question, we can count on Miuccia Prada, Raf Simons at Jil Sander, Karl Lagerfeld at Fendi and, at times, Tomas Maier of Bottega Veneta to say something with fashion, and not just offer approachable clothes. But there should be many more designers in Milan with that driving ambition. Otherwise, the future of fashion will be in jeopardy.” LVMH says it controls 98.09

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London’s dark edge, No slowdown in luxury, Exclusive allure, Drab male models, Daphne Guinness at FIT

| Daily Digest

L-R J.W. Anderson, Jonathan Saunders, Richard Nicoll | Source: Style.com

Tipping Toward the Dark Side (IHT) “Significantly, British designers, whose colorful digitalized prints of the last couple of seasons so influenced the New York shows, have taken a sharper turn. Although not angry or belligerent in the Punk mode, an angular geometry is the new influence, with craftsmanship as the subtext. The flowery prettiness once endemic to British design has been swept away by designers using both

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