Market Pulse | Staying the Course

Savigny Luxury Index February 2013 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 2.7 percent in February, underperforming the MSCI World Index (“MSCI”) by over one percentage point. The SLI lost ground at the beginning of the month following the questions raised on sector growth by LVMH’s annual results announcement. Big news • Most analysts felt that LVMH’s organic growth numbers for 2012 were a bit lower than expected. This, combined with Mr.

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PPR and Prada Said to Be Among Suitors of Jeweler Pomellato

Pomellato campaign featuring Tilda Swinton | Source: Pomellato

MILAN, Italy -- Pomellato SpA, the closely held jeweler whose trinkets have been worn by actress Tilda Swinton, has received expressions of interest from at least four luxury- goods makers, according to a person familiar with the situation.

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Photo Diary | MFW, Days 1-2: Gucci, Max Mara, Fendi, Just Cavalli, Prada

MILAN, Italy — Today, BoF's trusty contributing photographer Sonny Vandevelde brings us backstage imagery from the Gucci, N21 by Alessandro Dell' Acqua, Max Mara, Fendi, Just Cavalli and Prada shows, held on the opening two days of Milan Fashion Week.

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Prada 2012 Sales Surge 29 Percent on European Demand for Luxury

Prada Spring/Summer 2013 | Source: Prada

Feb. 19 (Bloomberg) -- Prada SpA, an Italian maker of $1,150 studded leather slippers, reported a 29 percent increase in full-year sales, led by demand in Europe and Asia.

Revenue climbed to 3.3 billion euros ($4.4 billion) in the 12 months through January, the Milan-based company said today in a statement. The average of 28 analysts’ estimates compiled by Bloomberg was 3.31 billion euros. Excluding currency

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Bulgari’s billionaires, Web fashion foray, Top of the world, Fashion over art, Inside Brioni

[caption id="attachment_40456" align="alignnone" width="500" caption="Nicola and Paolo Bulgari | Source: Forbes/Getty Images"][/caption] Bulgari Brothers, Jewelers To The Stars, Are Billionaires Thanks To Tiny LVMH Stake (Forbes) "In 2011, however, French luxury empire Moët Hennessy Louis Vuitton (LVMH) acquired Bulgari in an all-share deal, handing over 3.6% of the conglomerate to the family. Last year, as LVMH’s stock rose, the Bulgaris and nephew Trapani sold a tiny sliver of their stake, reportedly to take care of taxes and other expenses." Amid U.K. Retailer Woes, a Web Fashion Foray (BusinessWeek) "As more British retailers succumb to competition from the Internet, a venture capital firm is underscoring the shift with its first investment in a fashion seller to develop its online business." On Top of the…

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Photo Diary | 10 Fashion Moments in Milan for Menswear A/W 2013

Prada A/W 2013 | Photo: Sonny Vandevelde

MILAN, Italy — Sonny Vandevelde was backstage in Milan again this season to give us a behind-the-scenes look into the Milan menswear collections for Autumn/Winter 2013. Accessories were strong, with bold shoes and standout leathergoods from Burberry, Bottega Veneta and Prada. Mrs Prada also advocated a relaxed, but considered geek chic vibe amongst some of the more put together looks in shades of grey, black and beige seen

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Week in Review | Saillard’s new genre, Design and Development basics, Market reassurance, Yang Li

Week in Review December 3-7

The Creative Class | Olivier Saillard, Curator (The Creative Class) “No curator has succeeded in capturing the imagination of the international fashion community quite like Olivier Saillard, director of the Musée Galliera, whose convention-defying, contemporary performance-presentations are one of the highlights of Paris Fashion Week” The Basics | Part 5 – Design and Development (Education) “Everything you create

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Yogawear heats up, Prada seeks tax refund, Fast fashion graveyard, Feet first, Sarah Mower

Philip Greene | Source: Elne

Once unique, Lululemon faces rivals on all sides (MSN Money) “When Lululemon Athletica Inc opened its first U.S. shop in 2003, its form-fitting yoga pants, free classes and Pacific Northwest vibe were a revelation to its new American customers. They had never seen another retailer like it. But time has caught up with the Vancouver-based retailer. Lululemon, closely watched by investors because of its meteoric rise, now faces

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Soaring Prada profits, Mulberry tumbles, PPR sells Redcats unit, Gratuitous ads, Little Gio

Mulberry Autumn/Winter 2012 | Source: Grazia Daily

Prada 9-Months Net Profit Jumps 50% Amid Continued Strong Demand (Dow Jones) “Chief Executive Patrizio Bertelli said Thursday that the company’s business has continued to grow at a rate that has exceeded its expectations in recent months, as the luxury goods purveyor reported a strong rise in nine-month earnings figures amid resilient demand for ultra high-end goods.” Mulberry sees improvements after first-half

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Tight belts in Italy, Cyber Monday, Mulberry strategy, Moncler image, Acclaimed Erdem

Versace Autumn/Winter 2012 | Source: Hypebeast

Tight belts take edge off Italian luxury (FT) “Italians have long balked at paying full price for the luxury goods they consider to be their birthright. But as austerity measures hit hard in the home of Prada, Versace and Armani, the quest for bargains and invitations to warehouse sales with rock-bottom prices has reached a new level of frenzy.” Online shoppers ready for busiest day (FT) “Online retailers are

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Top 10 Fashion Films of the Season

NEW YORK, United States — “Are we failing to fulfil the potential of fashion film?” asked Quynh Mai’s Op-Ed for BoF earlier this year, citing misallocated budgets, uncompelling content, poor distribution strategies and established power structures that favour still photographers. Indeed, it’s fair to say that, while seasonal fashion shorts have become an essential part of the marketing toolbox for megabrands and emerging labels

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