Market Pulse | Growth, But Perhaps Not As It Used To Be

| Market Pulse

Savigny Luxury Index October 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) gained 4.2 percent in October, outperforming the MSCI World Index (MSCI) by more than 6 percentage points.  Much anticipated results announcements confirmed that the sector still has strong fundamentals but that the three-year boom is coming to its close. Big news Newsflow pointed to a slowdown in growth for the sector, rather than the meltdown anticipated by the Burberry

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Savvy sisters, Menswear e-tailers, Gucci’s tough trading, Pitti picks, Miyake’s experiments

| Daily Digest

Ashley and Mary-Kate Olsen by Amy Troost | Source: WSJ Magazine

Sisters of the Divine (WSJ Magazine) “Watching Mary-Kate and Ashley Olsen pose for a photo shoot is like watching a hypnotic piece of performance art. Former child stars, extraordinarily savvy brand nurturers, founders and owners of an estimated $1.5 billion business empire and, now, designers of the critically acclaimed high-end fashion line The Row, the Olsens have spent the great majority of their 26 years either in front

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Uniqlo.com’s US launch, Coach rebounds, Puma profits slump, Pinault’s POV, Nicola Formichetti

| Daily Digest

Uniqlo.com screen shot | Source: Uniqlo.com

Uniqlo.com to the Rescue of Middle America (Business Week) “Uniqlo, the Japanese clothes giant, launched an online shopping site in the U.S. this week. This may not seem like important news to many, but to a certain American consumer—think very well-dressed, without much money, and living between the coasts—it is like a food drop from a Marshall Plan plane in 1940s Berlin.” Coach bags an earnings rebound (FT)

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Week in Review | The Season that Was, Byronesque launches, Acquiring customers, Brazil’s fashion calendar

| Daily Digest

Week in Review October 8-12

Spring/Summer 2013 | The Season That Was (Intelligence) “Whereas previous fashion seasons were dominated by designer departures, meltdowns and final exits, this season the narrative focused on two of the fashion world’s most celebrated designers, Raf Simons and Hedi Slimane, and their respective ready-to-wear debuts at two of the industry’s most important houses, Christian Dior and Yves Saint Laurent.” Byronesque

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Redcats sale near, Prada exodus, Consumer confidence in China, Tiger burning, Tim Walker

| Daily Digest

Puma shipping container store | Source: Gliving

PPR nears sale of Redcats catalogue arm (FT) “PPR is to announce the sale of all or part of its Redcats catalogue business before the end of the month, moving closer to its goal of becoming a pure clothing and accessories company.” Third of Prada managers leave after IPO (FT) “Prada the Italian luxury goods group, lost a third of its top managers in the nine months following its initial public offering last year

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