CEO Talk | François-Henri Pinault, Chairman and Chief Executive Officer, PPR

François-Henri Pinault | Photo: Virgile Guinard

On the day of the official announcement of a major joint-venture between PPR and YOOX Group, BoF’s Imran Amed speaks to PPR chief executive officer François-Henri Pinault for a global exclusive interview on how the new partnership fits into Mr Pinault’s digital vision for PPR.

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Market Pulse | Same Story, Different Month

Savigny Luxury Index June 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) inched up 1.0 percent in June, relative to an uplift of 2.8 percent in the benchmark MSCI World Index (“MSCI”).  Newsflow from China continued to worry investors and sector results, although strong, did show signs of a slowdown in growth over the last few months. Big news China’s growth rate slowed for a sixth consecutive quarter to its slackest pace in over three years

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Week in Review | Camille Bidault-Waddington, Fit for Print, Mentorship tips, Fashion criticism

Week in Review July 23-27

The Creative Class | Camille Bidault-Waddington (The Creative Class) “‘I can’t help it. I’ll always have sweaters full of holes and scruffy hair,’ says Camille Bidault-Waddington, ageless in high-waisted denim shorts and an ’80s sweatshirt, as she serves tea in a vintage Royalty mug.” Op-Ed | What’s Fit for Print? (Opinion)  “As with so many commercial endeavours in the world right now, there are more

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Appetite for luxury, Forerunner’s $40m fund, Billabong bid, September ad counts, Fashion Olympics

Louis Vuitton Spring/Summer 2012 | Source: Grazia

Emerging markets buy into luxury (FT) “Emerging market appetites for high-end handbags, fashionwear, champagne and cognac appeared to be holding up in the first half of the year, according to results from the French luxury goods groups LVMH and PPR.” Forerunner Ventures, an All-Female Firm, Raises $40M Institutional Fund (WSJ) “Despite investing in 21 digital commerce start-ups, some of them prominent, Forerunner

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Fashion week in São Paulo, Joe Fresh at J.C. Penney, Flashy deals, Gucci’s win, PPR star

Reinaldo Lourenco June 2012 | Source: The Seattle Times

São Paulo Fashion Week: One of the biggest fashion weeks in the world (Exec) “For many years, quality fashion in Brazil came from the European market. Brazilian magazines used to make​​their fashion editorials based on the international aesthetic. The designers of the time were required to follow trends dictated by the international textile industry. However, there was a need to explore the fashionable Brazilian cultural

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New establishment, PPR eyes Chinese acquisition, ASOS up, Place Vendôme, M&S crisis

Bryan Boy, The Man Repeller and The Sartorialist | Source: AdWeek

Fashion’s New Establishment (AdWeek) “But since then, style blogs like The Man Repeller, Into the Gloss, Style Rookie and Bryanboy, aka Bryan Grey Yambao, have become assigned reading among the fashion set—and you’d be hard pressed to find them missing a single Fashion Week.” PPR Confirms It’s In Talks To Acquire Chinese Luxury Company (Bloomberg) “PPR, the French owner of Gucci, said it’s in discussions to

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The Milano man, Buyers flock to Pitti, Britain Creates, Mr Porter manifesto, Anna Dello Russo

Brioni Spring/Summer 2013 | Source: Brioni

All the World’s a Stage (IHT) “If all the world’s a stage, the Milan designers found a way to put simple, modern clothes into different contexts. And Brioni, since it was bought by the PPR luxury group, has burnished its offerings and apparently lowered the age range.” More foreign buyers at Pitti Uomo (Fashion United) “Despite the numbers, which reveal that the Italian fashion industry will end 2012 in the

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Mixed emotions at Prada, Lululemon stalls, Gilt doubles down, Pinault in conversation, Kors chat

Prada's flagship store in Milan | Source: LA Times

Prada frets about tourist stayaways (Reuters) “First-quarter profit doubled at the Milan-based maker of colored Miu Miu dresses, outpacing revenue growth, but the company is not immune from concerns about the euro zone, a sluggish U.S. recovery and a possible slowdown in Asia.” Lululemon CEO Eyes Holidays After Sales Miss (Bloomberg) “Chief Executive Officer Christine Day was unapologetic after projections for

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PPR and Yoox, Versace seeks investors, New York start-ups, London menswear, Laidback Lim

Phillip Lim by Nagi Sakai | Source: The Fashionisto

PPR Signs Letter of Intent With Yoox for Online Luxury Venture (Bloomberg) “PPR signed a non-binding letter of intent with Yoox SpA, an Italian online fashion retailer, to set up an e-commerce venture for PPR’s luxury brands. PPR plans to have more than 1 billion euros ($1.25 billion) of sales online by 2020.” Fashion house Versace may seek outside investors (Reuters) “Italian family-owned fashion house Versace may seek

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Glare on Alber, Yoox and PPR in JV talks, Gap inches back, Facebook float, Pinterest’s riches

Alber Elbaz | Source: Hypebeast

In the Spotlight’s Glare (NY Times) “Much of what has been written about Mr. Elbaz on the occasion of his 10th anniversary as the designer of Lanvin, a milestone that normally might merit a mention somewhere near the classifieds, could illustrate what is a rare example in the catty fashion industry of the Buddhist concept of mudita, or taking pleasure in another person’s good fortune. These days, everyone seems to love him,

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Market Pulse | No Sparkle Despite Shiny Results

Savigny Luxury Index April 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) continued its sluggish performance this month, ending almost flat (SLI components actually fell an average of nearly 2 percent when expressed in local currency) compared to a drop of 0.7 percent in the benchmark MSCI World Index (MSCI).  Newsflow was good overall, with strong results and two successful IPOs, but dampened somewhat by concerns about growth prospects. Big news

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Gap’s brand lab, Italian IPO appeal, PPR sustainability plan, Social gifting, Tumblr show

Brunello Cucinelli Spring/Summer 2012 | Source: Neiman Marcus

A Humbled Gap Tries a Fresh Coat of Pep (NY Times) “Yet this is a Gap — at the Grove, an upscale mall in Los Angeles. Only it’s more than a Gap — it’s a laboratory for reviving the brand, one of the great hot-to-not stories of American retailing” Cucinelli’s stellar debut seen boosting Italy IPO appeal (Reuters) “Italian cashmere specialist Brunello Cucinelli made a sparkling market debut in Milan on Friday,

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