Show fatigue, NYFW schedule conflicts, Good start for Boss, Model education, Jet set designer

| Daily Digest

Meadham Kirchhoff Spring/Summer 2012 | Source: Fashion156

Out of fashion: Designers finding new ways to sell their style (Independent) “As the autumn 2012 collections are unveiled, more and more designers are questioning the format; seeking something new in an age where digital culture means every image is beamed straight to an audience at home and cloistered, exclusive runways are no longer the most practical way of promoting their labels.” New York Fashion Week Parades 328

…Continue Reading

Market Pulse | Resilience in the Face of Uncertainty

| Market Pulse

Savigny Luxury Index January 2012 | Source: Savigny Partners

LONDON, United Kingdom — While the luxury industry entered 2012 with an overall outlook that remain uncertain, the sector remained resilient. Big news The Savigny Luxury Index (SLI) lost 2.6 percent in December, whilst the general market index MSCI gained 3 percent over the period.  The cause for this divergence was a temporary sell-off in luxury stocks in mid-December.  Two factors contributed to this: the Italian sovereign debt

…Continue Reading

Kors’ record IPO, Hermès shores up defense, Startup fever, Retail leaders, Susannah Frankel

| Daily Digest

Michael Kors by Bryan Derballa | Source: Wall Street Journal

Kors IPO sets US fashion record (FT) “Michael Kors, an upmarket fashion and accessories brand, has launched the biggest-ever public offering in US fashion, selling more shares than expected in a deal that will value the company at nearly $4bn… The deal was heavily oversubscribed and priced at $20 a share, above the projected range of $17 to $19. Investors in the company sold 47.2m shares, more than the 41m initially

…Continue Reading

Hermès appeal, Pricing Kors IPO, Twitter fear, Internship crackdown, Rupert Sanderson Q&A

| Daily Digest

Eva Mendes and Bernd Beetz | Source: Patrick McMullan

Hermès and the secret of luxe appeal (GQ) “Hermès is a phenomenon: probably the most successful, perhaps the most creative, certainly the most respected and one of the most profitable luxury-goods companies of all time. After a brief blip from 2009-10, the tur­bulent economic times seem to have, if any­thing, accelerated its success. Putting a Price on Michael Kors (NY Times) “The fashion designer Michael Kors is

…Continue Reading

Michael Kors IPO, Gucci sales hold firm, Tailoring to Asia, Frisoni thrives at Vivier, All that glitters

| Daily Digest

Michael Kors by Mikael Jansson | Source: Interview

Michael Kors Seeks to Raise $792.3 Million in U.S. IPO (Bloomberg) “Michael Kors Holdings Ltd., the luxury-clothing company, is seeking to raise as much as $792.3 million in a U.S. initial public offering as the company’s founder and the biggest investor trim their stakes… Michael Kors, the designer who founded the company in 1981, is planning to cut his stake as retailers of luxury goods outperform mid-priced

…Continue Reading

34567