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 collapse,

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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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Theyskens and Theory, LVMH Hermès investigation, Content and commerce, Puma ups forecast, Leith’s Lula

Olivier Theyskens | Source: Frillr

Olivier Theyskens Is Theory’s New Artistic Director (The Cut) “Theyskens previously signed a deal to design the Theyskens Theory label for the brand, which debuts for spring 2011, but will take over design for the entire label as artistic director beginning with the fall 2011 season.” French regulator to examine LVMH swoop on Hermes (Reuters) “French luxury goods company LVMH’s surprise acquisition of 17.1

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LVMH scores stake in Hermès, Condé Nast Digital loses Style.com, Digital tools, Web traffic leaders, Obama effect

Hermès belt detail | Source: Hollyscoop

LVMH `Playing a Waiting Game’ for Hermès Takeover (Bloomberg) “[LVMH said] it doesn’t intend to launch a tender offer, take control or seek board representation at the maker of Birkin bags after announcing it owns 14.2 percent of Paris-based Hermès, with the option to increase the stake to 17.1 percent.” Conde Nast Digital Loses Style.com (WSJ) “Conde Nast executives say the move is a natural pairing of two

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The Bay’s fashion focus, Omnipresent customers, LVMH rebound, China boosts Burberry, Motoyama wisdom

Mobile diversity | Source: w3

The Bay finds new fashion focus (Vancouver Sun) “Two years after Bonnie Brooks took over the helm of the Canadian heritage department store -several months after it was bought by U.S. real estate magnate Richard Baker – Brooks’s fashion focus has finally arrived.” How mobile has given rise to the omnipresent customer (Luxury Daily) “These new types of customers are no longer confined to a PC or laptop.

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Paris and Milan stay safe, Gucci repositioning, Indian luxury lags, L Capital invests, Counterintuitive Krakoff

Ferragamo Autumn/Winter 2010 | Source: Ferragamo

Fashion Opts for Safety in Paris, Milan (Bloomberg) “Even amid signs that demand for luxury clothing and accessories is returning, makers of the goods will ‘play it safe’ for spring-summer 2011, according to Sue Evans, senior editor of catwalks at fashion forecaster WGSN.” Gucci Unpacks ‘La Dolce Vita‘ (WSJ) “During the consumer-spending slump, aspirational purchases slowed sharply, and

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Exploitation vs experience, Balderton on investing, LVMH beats estimates, Armani odd man out, Denim’s appeal

Fashion industry internships: exploitation or experience? (Guardian) “The haute couture world may be glamorous, but some interns at the gritty end of the business are being exploited in their quest to gain industry experience.” Balderton Capital on its Investment Strategy (The Next Woman) “As we’re seeing lots of companies from different sectors, it gives us a useful vantage point for spotting broader trends,

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Yuan fears, Google vs LVMH Round 2, Shoes the new ‘it’ bag, Digital marketing costs, Stella for Team GB

Declining dollar reduces Chinese competitiveness | Source: Impactlab

China’s textile firms may face bankruptcy on yuan appreciation (Xinhuanet) “Half of China’s textile firms may risk going bankrupt if the value of the Chinese currency yuan rises 5 percent against the U.S. dollar given the industry’s thin profit margins.” French Court Kicks Google/LVMH Case Back To Appeals (WSJ) “The French Supreme Court Tuesday referred a previous ruling against Internet search

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In Ethical Fashion, Desirability is Sustainability

NEW YORK, United States — Over the past ten years, the eco-fashion movement has been gathering steam. Following the lead of pioneering brands like Stella McCartney and NOIR, which were founded on the basis of ethical principles near the turn of the millennium, there are now entire fashion exhibitions, forums and blogs all focused on so-called sustainable fashion. Ethical fashion is also high on the agenda of the major luxury goods

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