Rebranding Jane, Lessons from Polet, LVMH plans for La Samaritaine, Richemont profit soars, The Twitter trap

Jane Pratt | Source: Crain's

Jane Pratt, Unbound and Ready for the Web (NY Times) “With verticals on fashion; beauty; sports; entertainment; DIY; technology; New Agey; and Sex, Sex, Sex and Love, xoJane.com is the latest chapter in the Jane Pratt story, a saga that began almost 25 years ago… For now, Ms. Pratt is engaged in what is the struggle for celebrity editors (see: Brown, Tina): how to reinvent or reconfigure her personal brand for the

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Market Pulse | The Luxury Consumer Is Back

Savigny Luxury Index March 2011 | Source: Savigny Partners

LONDON, United Kingdom — This month’s Market Pulse shows a continuing upward trend for luxury and fashion stocks versus the MSCI World market benchmark, erasing any lingering doubts about the return of the luxury consumer. Big news • Luxury brands have had an excellent start to the year reporting strong Q1 results. Double digit sales growth has been fuelled by continued strong growth in China and economic recovery in the US

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Eyes on Poland, MacGibbon stays on at Chloé, Google battle continues, LVMH beats estimates, Madame Grès revival

Louis Vuitton boutique Warsaw, opened 2010 | Source: Luxguru

Poland: luxury’s next promised land (FT) “Euromonitor has a report out, and this one’s a doozy: it says Poland is the world’s fourth fastest growing luxury market… ‘Between 2005 and 2010, the [Polish] luxury goods market grew by 50 per cent in real terms, [while] China achieved real growth of 59 per cent over the same period.’” Hannah MacGibbon staying at Chloé (Telegraph) “The gossip mill would

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New life for lace, Magazines become e-tailers, LVMH pursues Hermès, American Apparel losses, Erdem’s obsessions

The new lace, detail | Source: Textile Talk

New Life for the Historic Art of Lace-Making (WSJ) “Lace, suddenly, is everywhere. Looking nothing like your grandmother’s doilies, lace is the fabric of whole dresses and suits for summer, as well as next fall. Lace hasn’t been this popular since Queen Victoria sat on the throne.” Click to Buy That Handbag in Vogue as Magazines Become E-Tailers (Bloomberg) “Vogue and Elle have long influenced what

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Made in Britain, Marc by Marc turns 10, L Capital targets India, Versace turnaround, DVF eyes mainland China

Christopher Kane in studio | Source: Styles and Sounds

Britain’s got it all sewn up (Telegraph) “Ten or 15 years ago… ‘Made in Britain’ was a synonym for doomed amateurism in the fashion field. Now, through meticulous hard work… things have turned around… So let me be the first to wave the flag on behalf of the innovators who’ve created an unsung virtuous economic circle which is underpinning and developing a skilled network of factories

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Fire and Ice, Leather supply squeeze, Independent jewellers to struggle, D&G line to fold, Pressure cooker

L-R Alexander McQueen, Chanel Autumn/Winter 2011 | Source: Style.com

Chanel provides the fire, McQueen the ice (Independent) “The mood in fashion is changing. The sight of a waif-like female stepping out in a heavily embellished, barely-there cocktail dress now seems dated. Lagerfeld’s status as the last of the great, traditionally trained couturiers is undisputed. He is also enough of a modernist, however, to respond to the zeitgeist and his reaction made for impressive viewing.”

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LVMH takes over Bulgari, Battle for Hermès goes on, Playing the game, Runway realism, Creative destruction

Bulgari B.Zero1 Collection | Source: Bulgari

LVMH to take over Bulgari in 3.7 billion-euro deal (Reuters) “French luxury group LVMH will take over Italy’s Bulgari in an 3.7 billion-euro all-share deal… Bulgari, established in 1884, agreed to the takeover ‘in order to reinforce, in accordance with its history, values, craftmanship and identity, the long-term development of the Bulgari Group,’ it said. Under the deal, the Bulgari family will become

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Big changes at Gucci Group, Behind the Marc, Hermès to LVMH: Cut stake, Rent the Runway, Cast your vote for Calgary

Preparing for the Marc Jacobs show | Source: NY Times

PPR Chief to Run Gucci Himself (NY Times) “The French luxury magnate François-Henri Pinault said… he would personally take charge of Gucci Group as he reorganizes its parent company to focus on the most profitable businesses. Robert Polet, who has headed Gucci since 2004, will be stepping down in a few weeks… Mr. Pinault also said Paul Deneve would replace Valérie Hermann as chief executive of Yves Saint

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Chinese New Year shopping, Japanese youth reject luxe, Aritzia’s US rollout, Record year for LVMH, Chanel culture in China

Shopping mall in Nanjing, Jiangsu province | Source: The Star

Retailers Turn Lunar New Year Into a Shopping Spree (WSJ) “‘Without question, we’re seeing a shift as years go by to more commercial activation around the major holidays… Retailers understand that it has worked for Christmas and it’ll probably work with Chinese New Year as well.’” Japan’s young generation closes ‘luxury wallet’ (Independent) “As a result of its economic

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Rethinking couture, The battle for Hermès, Obama debate continues, Jimmy Choo profits triple, Rankin’s army

L-R: Valentino, Gaultier, Chanel, Saab, Dior, Armani, Givenchy | Source: FT

All about the Atelier (FT) “It’s possible we’re thinking about this all wrong – this being the now-shrunk-to-three-days-with-only-six-full-fledged-couture-brands couture shows. It’s possible we’re asking the wrong questions. It’s possible that, instead of perennially rending our garments and plunging into the long tunnel of debate over whether couture is relevant in a not-entirely-post-recession 21st century, we should

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Blurring gender boundaries, LVMH strikes Hermès again, Li & Fung buys Cerruti, Yohji at the V&A, Bibhu Mohaputra

Andrej Pejic | Source: Deviantart.com

Fashion blurs gender boundaries (Telegraph) “Transsexuals, transvestites and models with no clear gender affiliation are all the rage in current advertising campaigns and editorials.” Hermès Shares Jump in Paris After LVMH Increases Holding (Bloomberg) “Hermès International rose as much as 5 percent in Paris trading after larger luxury-goods rival LVMH Moet Hennessy Louis Vuitton SA said it increased its stake in

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Bonnie Brooks’ quest at The Bay, Tapping the blogosphere, Hermès’ defense, Adidas’ big plans, Kenzo celebrates

The Bay's Bonnie Brooks' lifelong ‘quest to be the best’ (Globe and Mail) "Ms. Brooks is used to thinking big.  [At Lane Crawford], she used some of the same tactics that she’s applying at the Bay to turn it around: introducing an array of with-it brands, ditching old ones and putting a spotlight on high-margin shoes and handbags." How luxury brands can tap the blogosphere’s growing influence (Luxury Daily) "Consumers trust blogs more compared to traditional media than they did five years ago. Brands should actively look for ways to generate positive press by developing relationships with prominent industry bloggers." Hermès needs to style media defense to unsaddle LVMH (Reuters) "Winning the media war against luxury giant LVMH which began…

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Lam’s eBay launch, Upbeat holiday outlook, Gilt looks West, LVMH to continue Hermès spree, The last Moss

Derek Lam | Source: Derek Lam

Derek Lam launches crowd-sourced collection on eBay (The Cut) “Upon the collection’s initial unveiling, anyone with Internet access will be able to vote immediately for their favorite looks online to determine what goes into production.” U.S. luxury, dept stores set for Xmas bounce (Reuters) “Luxury and department stores will be the biggest beneficiary of expected growth in the U.S. retail market this

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