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
Puma shipping container store | Source: GlivingPPR 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
Savigny Luxury Index September 2012 | Source: Savigny PartnersLONDON, United Kingdom — The Savigny Luxury Index (SLI) lost 6.9 percent in September, underperforming a flat-ish MSCI World Index (MSCI) by nearly seven percentage points. Burberry’s profit warning sent the sector into turmoil mid-month and no amount of good news from the likes of Prada and Michael Kors could lift investors’ spirits. Big news Burberry announced a substantial slowdown in sales growth, with same store sales
Week in Review September 24-28Raf Simons, Hedi Slimane and the Tectonic Shifts of the Paris Fashion Establishment (Insight & Analysis) “With fabled fashion innovators Raf Simons and Hedi Slimane scheduled to make their respective ready-to-wear debuts at Dior and Saint Laurent, two of French fashion’s most iconic houses, the stage is set for a historic Paris Fashion Week.” The Spotlight | Thamanyah by Ahmed Abdelrahman (Emerging Designers)
MILAN, Italy — We tipped our friend Sonny Vandevelde to give us a behind-the-scenes look into the collections in Milan for Spring/Summer 2013. Japan was clearly on the mind, with unmistakable silhouettes and motifs from the island nation appearing in strong outings from Prada and Etro. Versace and Dolce & Gabbana made their seasonal statements in a flurry of prints, textures and covetable accessories, all in the spirit of their
