Gap’s broke hipsters, Givenchy CEO, MyWardrobe’s new strategy, Franca power, Iris Apfel

Franca Sozzani by Peter Lindbergh | Source: Interview

Gap’s Targeting of Broke Hipsters May Be Flawed (Bloomberg) “Gap Inc., which drew legions of young adults in the 1990s with classic khakis and swing-dancing ads, is again banking on young, hip customers to resuscitate its sales. Too bad they’re broke now.” LVMH appoints new Givenchy CEO (FT) “Givenchy, the French fashion house owned by LVMH, has announced a new chief executive officer poached from Italian arch

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Market Pulse | China Sneezes, but Confidence Returns

Savigny Luxury Index February 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) outperformed with a gain of 6.9 percent for the month versus 2.6 percent for the benchmark MSCI World Index (“MSCI”).  Confidence in the sector returned towards the end of the month, with many of the bigger luxury stocks posting gains after having been flat for most of February. Big news Earlier in the month, China’s announcement that industrial output was slowing had sent

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Prada’s glorious graphics, Gap earnings plummet, Gucci skins, S-commerce now, Paul Smith

Prada, Fendi, Max Mara Autum/Winter 2012 | Source: Showmoda

At Prada: Glorious Graphics (NY Times) “Miuccia Prada went back to her basics: geometric print, graphic, straight line cutting and embellishment — but the result was like seeing reruns of early ideas digitally enhanced to a Blade Runner-style futurism.” Bleak Christmas for Gap as earnings drop 40% (FT) “Gap’s efforts to revive its fortunes suffered another setback in the crucial Christmas quarter when the clothes

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Canada’s fashion wave, Ready-to-war, Italian optimism, Richemont sales rise, Prada star power

Joe Fresh Autumn/Winter 2011 | Source: Mens Models Talk

New wave of Canadian fashion brands is looking to build a worldwide presence (FT) “Canada has many assets – commodities, natural resources, space, poutines – but most people would not count fashion among them… Yes, the Canadians are coming. And no, it’s not all lumberjack shirts and ice hockey jerseys. Their arrival marks a sense of maturity for retailers on both sides of the border.” France and Italy:

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Caution in China, Prada slump, Fashion week flare up, H&M sales lag, Julia Restoin-Roitfeld

Salvatore Ferragamo China | Source: Moda Online

Luxury brands turn cautious on China (FT)  “Watching three malls open within a square mile over the past year and a fourth preparing to follow, all with their share of luxury boutiques, Beijingers may think that soon their city will have as many Louis Vuitton and Salvatore Ferragamo stores as bank branches or McDonalds restaurants. But things might be on the verge of changing.” Prada Poised to Extend Slump as China

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Market Pulse | Strong Results Mask Market Jitters

Savigny Luxury Index November 2011 | Source: Savigny Partners

  LONDON, United Kingdom — As the luxury and fashion sector enters the critical holiday shopping period on the back of strong results for the first half of the year, there are growing signs that executives are worried about what the future holds for the luxury market in 2012. Big news • This has been another month of record results for the luxury sector, with Hermès, Richemont, Ferragamo, Burberry, Tiffany, Prada and Ports all

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

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

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Dior by Demarchelier, Prada profits surge, Tiffany sales slow, Patricia Field’s way, Sean McGirr rising

Dior Couture by Patrick Demarchelier | Source: Mama's Rolling Stone

Opening the Doors of Dior (NY Times) “Saint Laurent, Chanel, Dior: the names of the most famous Paris houses sort of dance off the tongue. Their histories defeat the idea that younger generations might be bored with old things. And a stream of books and films helps to assure that they won’t be. “Dior Couture” (Rizzoli), by the photographer Patrick Demarchelier, is far and away the most gorgeous book on the house…What

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Top 10 Fashion Films of the Season

Lanvin Spoof Video | Source: NEW YORK, United States — At BoF, we’ve been ranking the top fashion films of the season since 2009, when the genre was still just coming into existence. But even back then, set against the staggering rise of online video consumption and the growing importance of engaging young digital consumers, the medium’s tremendous potential was clear. Fast-forward to the Autumn of 2011 and YouTube-friendly short

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