Raf Simons speaks, Hermès growth slows, China fashion in London, Leather art, Olympic fall guy

Raf Simons on his Dior couture debut (Telegraph) “Speaking in a video posted on Dior’s official YouTube page, Simons explains the concept behind his much-lauded collection and how it felt entering into a house with such rich history in his first interview since the July 2 show.” Hermès sales growth slows as economies falter (Reuters) “French luxury goods maker Hermès said second-quarter sales growth slowed

…Continue Reading

Ending note, J Brand eyes IPO, China slowdown, Ralph signs on for 5 more years, Cost of fast fashion

Elie Saab, Jean Paul Gaultier and Valentino Couture 2012 | Source: Style.com

Ending on a Grace Note (IHT) “For all the the flesh still flashed on the red carpets, there is a change of mood on the runways. Perhaps the change can best be seen in the long-sleeved dresses with hemlines at the shoe-level that have taken over for the once-prevalent winter bare-the-body look.” J Brand hires bank to explore sale, IPO (Reuters) “Women’s apparel maker J Brand has hired Morgan Stanley to help

…Continue Reading

Market Pulse | Clouds on the Horizon?

Savigny Luxury Index May 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) slid 5.2 percent in May, underperforming the benchmark MSCI World Index (“MSCI”) by almost 2 percentage points.  Strong results mixed with an increasingly glum outlook for Europe and indications of a slowdown in China resulted in some profit taking as investors exited the sector.  All the stocks in our index ended the month negatively. Big news Although the sector delivered

…Continue Reading

Market Pulse | Status Quo

Savigny Luxury Index March 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) traded in a relatively narrow bandwidth this month, slipping 0.3 percent, whilst the benchmark MSCI World Index (MSCI) edged up 0.2 percent. Worries over a slowdown in China were offset by yet another string of exceptional results announcements, resulting in a status quo for the month of March. Big news The sector has been awash with strong results announcements with Prada,

…Continue Reading

Market Pulse | China Sneezes, but Confidence Returns

Savigny Luxury Index February 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) outperformed with a gain of 6.9 percent for the month versus 2.6 percent for the benchmark MSCI World Index (“MSCI”).  Confidence in the sector returned towards the end of the month, with many of the bigger luxury stocks posting gains after having been flat for most of February. Big news Earlier in the month, China’s announcement that industrial output was slowing had sent

…Continue Reading

Saluting Nobility, Global consumer class, L Capital fund, Indian designers, Burberry scholarship

Calvin Klein, Ralph Lauren, Proenza Schouler A/W 2012 | Source: Style.com

Saluting Nobility, Tweeds and All (NY Times) “Oh, Mr. Lauren, you do amaze as you entertain. But seriously, you could not have been a better costume designer — as much as you love the movies — than you are an exceedingly good fashion designer. You may not have an ironic bone in your body, despite what your colleagues tell you, but you have the virtue, and indeed it is a great virtue, of being an earnest American.” New

…Continue Reading

Slimane’s second act, Ralph Lauren shares hit, Yoox growth, Moda Operandi makes big hires, Yohji’s world

Hedi Slimane | Source: Hypebeast

A Fashion Designer’s Second Act (NY Times) “When Hedi Slimane stepped down as artistic director at Dior Homme in 2007, Fashion Wire Daily summed up his tenure this way: ‘Slimane leaves Dior with the well-earned reputation as the single most influential men’s designer this century, the most copied of his peers and the only one to achieve the status of a rock star.’… But Mr. Slimane seems to have left fashion

…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

Market Pulse | Stormy Weather

Savigny Luxury Index August 2011 | Source: Savigny Partners

LONDON, United Kingdom — Hurricane Irene wasn’t the only storm wreaking havoc during the month of August. The financial markets were also stormy. Ongoing economic uncertainty on both sides of the Atlantic had investors in a panic, and luxury stocks were were hit hard, though they bounced back towards the end of the month. Big news • August, which is a typically quiet month, has seen some high trading volumes driving

…Continue Reading

Ralph’s American dream, Hermès battle continues, Flash sites a boon to new designers, Collecting time, Judith Leiber

Karl Lagerfeld comic, by Johnny Ryan | Source: VICE

Oprah salutes Ralph Lauren and the American dream (LA Times) “So few people, in these starkly striated economic times, during which the barriers between classes have become more insurmountable than ever, get to traverse the chasms of culture and economy that have been leapt by Winfrey and Lauren.” Hermès Ownership Battle Continues (Epoch Times) “The controversial takeover of Hermès by LVMH Moet Hennessy Louis

…Continue Reading

Fashion’s self-obsession, Burberry bid talk, Prada IPO delayed (again), Fashion-Business faux pas, Open Vogue

Vionnet, Then and Now | Source: PSFK

Is  Fashion In Danger Of Going The Same Way As The Ad Industry? (PSFK) “Sharing the inner workings of the business and marketing of fashion is pop culture these days, behind the scenes interviews, makings of, documentaries, buy from the runway etc. Cleverly marketing the marketing of fashion in consumer culture, or, an industry talking to itself?” Burberry bid talk continues despite price label (FT) “Could the

…Continue Reading

Digital Scorecard | Ralph Lauren 4D Projection Mapping

Ralph Lauren 4D at New Bond Street | Photo: Imran Amed

NEW YORK, United States — Last night, two of Ralph Lauren’s flagship stores — the recently opened 888 Madison Avenue and the venerable 1 New Bond Street — became towering, real world canvases for an extraordinary “digital extravaganza,” designed to conjure up and communicate the world of Ralph Lauren at epic scale, demonstrate the brand’s dedication to digital innovation, and celebrate the launch of the company’s “digital flagship”

…Continue Reading