LVMH Counts On Sephora for Growth as Louis Vuitton Slows

Sephora Flagship, Champs Elysées, Paris | Source: Courtesy

PARIS, France — With Vuitton’s sales growth slowing from Barcelona to Beijing, Sephora will help LVMH’s Selective Retailing unit overtake fashion and leather goods as its biggest business by 2018, Sanford Bernstein estimates.

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Right Brain, Left Brain | Clouds Looming Over Australian Fashion

Westfield Sydney | Source: Westfield

BoF’s editor-in-chief reports from Sydney, Australia, on a local fashion market that’s being radically reshaped by the arrival of global fast fashion chains and the meteoric growth of international e-tailers.

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On Fleeting Hong Kong Trips, Chinese Make Frugal Fashionable

Source: Reuters

HONG KONG, China — Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.

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Co-Founder and CEO Áslaug Magnúsdóttir Leaves Moda Operandi

Áslaug Magnúsdóttir | Source: Courtesy photo

NEW YORK, United States — Áslaug Magnúsdóttir, co-founder and chief executive of Moda Operandi, has left the company. The news comes less than a year after the New York-based start-up raised $36 million in a Series C round of funding led by RRE Ventures, with the participation of existing investors New Enterprise Associates, New Atlantic Ventures and Condé Nast, as well as strategic investors IMG and LVMH. Magnúsdóttir, who has

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A New Growth Brand for Japan’s Onward Holdings: Charles & Keith

Source: Charles & Keith

In Japan, the arrival of powerful fashion retailers from Asia has been a theme this Spring. Korean retailer E-Land began opening stores in March, but last month saw the unveiling of the first stores for Charles & Keith, the Singapore retailer which does for shoes and accessories what H&M and Zara do for apparel. Japanese market intelligence provider JapanConsuming investigates.

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