Market Pulse | All Systems Go

Savigny Luxury Index May 2011 | Source: Savigny Partners

LONDON, United Kingdom — As luxury stock valuations continue to roar ahead, even as the overall market has stalled, and luxury brands go to private and public investors to finance further expansion, we take our monthly check of the Market Pulse to understand the key drivers. Big news • The Savigny Luxury Index continues its upward trend led by the bullish outlook for the sector in terms of both organic growth and acquisitions •

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Puig’s unique approach, Mining the mid market, Moncler delays IPO, Luxe looks strong, Todd Lynn goes to Ascot

Marc Puig | Source: Tekstovi Pesama

Spain’s Puig Group succeeds by swimming against the stream (FT) “Puig is an anomaly in the luxury market in a number of ways. It is the only Spanish luxury group. It is private and remains family-run.  And it is… a ‘hybrid’ of fashion and fragrance… Marc Puig, chairman and the third generation of the family to run a company founded in 1914, says ‘We don’t really follow the normal rules.'”

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Mugler’s digital world, Gilhart on sustainability, Puig in lead for Gaultier, Carine and Karl, Carven’s Henry

Mugler's pre-show and backstage live stream | Courtesy Photo

Mugler’s Digital World (WWD) “‘My job was to resurrect the brand, and to pump it up and bring it to the new decade… I had this amazing history and archive but there was nothing for me to work with to make it contemporary. For me, it was taking those amazing historical ideas and transforming them digitally. I design digitally, I communicate digitally, and I live digitally, and I wanted to incorporate that

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