In Manolo’s shoes, Prada’s great expectations, No logo, China leads luxury spending, Steve Jobs: Fashion inspiration

Manolo Blahnik | Source: Briseis

In His Shoes (NY Times) “This is the tale of the little stiletto that could, a shoe that in the long-ago days of the luxury-goods boom scampered to the top of a rarefied heap. It was just a handful of years ago that the name of Manolo Blahnik, a 68-year-old London cobbler born in the Canary Islands, was familiar only to hard-core fashion hunters and residents of ZIP code 10021.” Prada forecasts China sales to triple in

…Continue Reading

L2 Study Reveals Shortfalls in Digital Competence

Digital IQ Index 2011, Greatest Year-Over-Year Gain or Loss | Source: L2

NEW YORK, United States — On Monday, Professor Scott Galloway’s NYU-based thinktank LuxuryLab, or L2, released advance copies of their third annual “Digital IQ” report, assessing the digital competence of 49 global fashion and leather goods firms, to a small number of media outlets, including BoF. According to the study, which will be published later today, fashion brands are embracing digital innovation with enthusiasm and have

…Continue Reading

Market Pulse | Fears Over China Trigger Luxury Sell-Off

Savigny Luxury Index September 2011 | Source: Savigny Partners

LONDON, United Kingdom — The seemingly unflappable luxury market continues to waver, with growing worries that China’s booming economy — the driver for much of the rapid growth of luxury brands in the past few years — is beginning to slow down. As a result, every major luxury brand has been hit, and hit hard. Big news • Luxury stocks suffered a steep sell-off in the last ten days of September as hedge funds moved out of the

…Continue Reading

Prada’s sweetness, Worldwide demand for Nike, Milan’s first concept store, D&G to close, Kanye’s clothes

Prada Spring/Summer 2012 | Source: NY Times

The Roman Spring of Ms. Prada (On the Runway) “Miuccia Prada spent her summer vacation in northern Argentina. Karl Lagerfeld was at home in St.-Tropez, ducking camera-snapping tourists. Somehow, though, their spring collections brought us all to Italy, or at least our idea of an Italian holiday. Neither show was a movie-still occasion, but the cottony, upswept hair and glitter-coated eyelids at Fendi might make you think of a

…Continue Reading

Market Pulse | Strong results fuel sector growth before tailspin in early August

Savigny Luxury Index July 2011 | Source: Savigny Partners

LONDON, United Kingdom — Over the past few days, international markets have plummeted in the face of growing uncertainty about the global economy, in particular the debt crisis in Europe and the downgrade of US treasuries by Standard & Poors. In this month’s Market Pulse, we analyse the market’s strong performance in July and provide a market update from the first few days of August. Big news • H1 results beat

…Continue Reading

Miu Miu strikes a chord, ASOS global, Hugo Boss boost, Louboutin vs YSL, Rocking fashion in Berlin

Miu Miu Autumn Winter 2011 Photographed by Bruce Weber | Source: Miu Miu

Prada Woos Young Chinese With Edgier Sister-Brand (WSJ) “Aiming to cash in on China’s bulging population of young fashion-lovers, Prada is turning its focus in the Chinese market to its… Sister-brand… Miu Miu has struck a chord with China’s young luxury shoppers… Who… Don’t remember the era in which the brand was overshadowed by the Prada label.” Global growth drives ASOS sales (FT) “Online

…Continue Reading

Market Pulse | Prada and Ferragamo Hit the Stock Market

Savigny Luxury Index June 2011 | Source: Savigny Partners

LONDON, United Kingdom — The M&A and IPO scene in luxury goods and fashion continues to storm ahead. This month’s Market Pulse reveals a redefined Savigny Luxury Index which now includes Italian fashion powerhouses Prada, and soon, Salvatore Ferragamo. Big news • Two very high-profile IPOs: Prada listed in Hong Kong on 24 June and Salvatore Ferragamo listed in Milan on 29 June.  Both pulled off their IPOs amongst tricky

…Continue Reading

Mining luxury in Mongolia, Surfer dudes in Paris, Made in China, Uniqlo and Jil Sander to part ways, Cardin’s world

The Luxury Frontier (WSJ) “What happens when a country previously hindered by vastness and foreign rule awakens to wealth on its doorstep? With Louis Vuitton on one corner and one of the world’s largest gold deposits down the road, the previously nomadic society of Mongolia is putting down some rich roots.” Paris Men’s: Dude Surfers (On the Runway) “The Paris men’s shows could always surprise with a great

…Continue Reading

Little luxuries, Prada’s rich valuation, Off-price Chinese portals, Gilt’s Park & Bond, The best of Tumblr

Lanvin Petite | Source: Courtesy of Lanvin

Little Luxuries: Designer Apparel for Children is the Next Big Thing (Forbes) “Move over fast fashion collaborations, another way haute designers will reach more consumers this year is by crafting luxury clothing for the scooter set… Back to school will bring even more designer collections to the playground.” Can Prada get away with a luxury valuation? (CTV News) “The price range looks rich. The question is

…Continue Reading

Toasting Fred Hayman, Prada IPO over subscribed, Fashion victory, Philip Treacy on Ascot, CSM’s big move

The Fred Hayman Place sign, Los Angeles | Source: Fred Hayman Archives

Fred Hayman: The man behind Rodeo Drive (LA Times) “He’s been called the godfather of Rodeo Drive. And it’s not all hyperbole. Before Beverly Hills was the land of designer logos… Hayman was an architect of luxury in Los Angeles, bringing high fashion, a social shopping atmosphere and white glove service to what was still a sleepy main street when he went into retail in 1967.” Prada IPO five times

…Continue Reading

Surprise satchel success, Fashion’s biggest name, New creatives at Cacharel, SuperGroup slides, CFDA winners

The fluorescent Batchel | Source: The Cambridge Satchel Company

British satchel maker takes fashion world by storm (Guardian) “A traditional chestnut-coloured unisex leather satchel, made in the UK by a mother-and-daughter team, has unexpectedly taken the fashion world by storm. The Cambridge Satchel Company has become 2011′s accidental multimillion-pound global hit, and is competing for popularity with international mega-league brands.” How Prada became the biggest name in

…Continue Reading

Luxury optimism, Long live the it bag, Hermès sells Jean Paul Gaultier stake, Prada’s naysayers, Face of the future

Louis Vuitton Spring/Summer 2011 Handbags | Source: Louis Vuitton

Luxury goods set for another record year (Reuters) “The outlook for the luxury goods market has improved significantly in recent months, boosted by a stronger-than-expected rebound in the United States and Europe and surging demand in China, consultancy Bain & Co said.” Why those in the know are no longer in with the It Bag (Independent) “The It Bag is dead! Long live the It Bag!… And that is the new

…Continue Reading

Value suiting, Online sales double, Shanghai counterfeits, William’s missed moment, Preserving Prada’s show sets

Brooks Brothers Spring/Summer 2011 | Source: Brooks Brothers

A Hard-Working Suit (WSJ) “There are more suits priced between $500 and $700 that include features once found typically on more expensive suits: fine Italian fabrics, modern cuts and narrow lapels. The goal is to attract younger men who increasingly want the current fitted, formal styles as opposed to the boxy suits and more casual officewear of their dads.” Online clothing sales double (Telegraph) “Over a third

…Continue Reading