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

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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Market Pulse | Burberry Causes a Downpour

Savigny Luxury Index September 2012 | Source: Savigny Partners

LONDON, 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

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Week in Review | Tectonic shifts in Paris, Thamanyah by Ahmed Abdelrahman, Blogger transparency, MFW Photo diary

Week in Review September 24-28

Raf 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)

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Photo Diary | 10 Fashion Moments in Milan for S/S 2013

A new Etro, as defined by florals and Japanese inspired silhouettes | Photo: Sonny Vandevelde

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

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Prada bucks slowdown, Let there be light, Logo fatigue, Aeffe adds Ungaro, Made in India

Prada Made in India collection | Source: High Snobette

Will Prada Finally Succumb to Global Luxury Slowdown? (CNBC) “Italian fashion house Prada has been a bright spot in a slowing global luxury retail space, and its latest earnings report underscores the resilience. The company delivered another set of solid earnings on Tuesday — first-half net profit surged 60 percent to 286 million euros ($372 milion), thanks to demand from Asian spenders.” Let There Be Light (IHT)

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