Then Comes the 4th Dimension (IHT) “To be modern in fashion today, a designer needs a sculptural knowledge of the human body, an architect’s understanding of graphic proportions and an ability to absorb the digital revolution. Then comes the fourth dimension. The Paris shows for summer 2013 over fashion’s long weekend have divided the protagonists into those who get the depth of possibilities — and those who are still making
Faster, higher, stronger: luxury pricing goes for gold (Reuters) “Analysts say prices in the luxury industry have surged from 2001 to 2011 and will keep rising faster than broader prices. Thomas Mesmin at Cheuvreux estimates that prices for fashion and leather goods rose 62 percent in that period, while watches and jewelry have risen 78 percent. Euro zone inflation has totaled just 26 percent over the 11 years.” Luxury
DOHA, Qatar — Just before the madness of fashion week season began, I couldn’t resist accepting an invitation from Lama El Moatessem to visit Doha, the capital city of the tiny nation of Qatar, to attend the opening of the Peter Marino-designed flagship for Toujouri, Ms El Moatessem’s three year old fashion brand. How did a little-known Middle Eastern brand get Mr Marino, the go-to architect for powerhouse brands like Louis
The fashion industry depends heavily on a wide variety of creatives apart from just fashion designers. In our new series, The Creative Class, BoF highlights success stories, insights and advice from the most talented creatives working in fashion today.
Time Warp (WSJ) “In the past couple of years, more and more guys I talk to have been going vintage when it comes to watches… It’s the inevitable pushback against the highflying hedge-fund era, when the pursuit of luxury meant the quest for highly conspicuous quality and lots of it.” Luxury stocks bounce back as Japan stabilizes (Globe and Mail) “Luxury stocks jumped Monday on growing optimism that the
Conjuring Temples of Deep Desire (IHT) “In the top 100 of fashion ‘influentials,’ Peter Marino is up there on page one, alongside creative geniuses and big brand managers. Yet… the American architect has not been publicly recognized for what he is: the impresario of 21st-century luxury.” Hermès Raises 2010 Sales Growth, Operating Profit (Bloomberg) “[Hermès] raised its 2010 revenue forecast after
Adidas issues profit warning (Drapers) “Pre-tax profits at the Adidas group sunk by 97% to just €5 million (£4.4m) in the first three months of 2009. Currency-neutral group sales fell 6% to €2.58 billion (£2.28bn), compared to €2.62bn (£2.32bn) in the first three months of 2009.” The Sui Target (Vogue UK) “ANNA SUI has become the second designer to participate in discount retailer Target’s Designer