China online, Yoox sales rise, RL’s momentum, Kenneth Cole returns, Dannijo sells socially

Shangpin screen shot | Source: Red Luxury

Why China’s Fashionista Websites Aim High (And Low) (Forbes) “Online shopping offers a platform for new fashion brands to enter China, without the expense and risk of opening physical stores. Even deep-pocketed fashion houses face a challenge in planting a flag in China’s frothy real estate market. ‘All the good locations have been taken by the big brands,’ says Angelica Cheung, editor of Vogue China , which

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Year of the Snake, Swatch upbeat, Denim corsets, Non-stop Carine, Chanel at Grand Palais

Beyonce Knowles, Solange and Kim Kardashian at NYFW | Source: Fan Pop

Luxury Labels Are Scaling Up for China’s Year of the Snake (WSJ) “Luxury brands are rolling out a menagerie of merchandise to capitalize on the holiday, which marks Asia’s biggest shopping season. And more Western brands are getting in on the Year of the Snake, pushing snake- and red-themed goods, from Vacheron Constantin’s $150,000 watch with an engraved snake etched onto its face to the serpentine,

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Enduring Moss, Balenciaga split, Investcorp acquires Georg Jensen, Wired exit, Art of Scent

Kate Moss by Mario Testino for Vogue October 2008 | Source: Susan Suell

The Garbo of Fashion (NY Times) “Ms. Moss’s bad-girl image has always been good for business, at least since the days of heroin chic and somebody-feed-her-a-cracker. Now, at 38 — an age when even the luckiest in her field have typically been tossed on the ice — Ms. Moss can boast of numerous advertising campaigns; more editorial work than any one glamour puss can reasonably handle.” Top Balenciaga Designer Is Leaving

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Market Pulse | Back in the Tourist Business

Savigny Luxury Index August 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) gained 5.5 percent in August, outperforming the benchmark MSCI World Index (“MSCI”) by over four percentage points.  Strong results by sector leaders confirmed continued growth in Asia and increased tourist spending in Europe, thanks in part to a weaker euro. Big news Richemont, Hermès, Prada, Tod’s, Michael Kors and Ferragamo all confirmed a healthy outlook for 2012, driven

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John Fairchild’s legacy, IMG buys TFW, Soft economy, Tod’s profits up, Julie Eilenberger

John Fairchild | Source: Vanity Fair

Fashion’s Most Angry Fella (Vanity Fair) “When John Fairchild, the tyrannical, mischievous editor in chief of Women’s Wear Daily and founder of W magazine, stepped down from his Fairchild Publications throne, in 1997, it was supposed to be a clean break. Fifteen years later, at the age of 85, the onetime terror of the fashion industry is still stirring the pot.” Toronto Fashion Week sold to IMG, Robin Kay steps down

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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

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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

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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

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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,

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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

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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

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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

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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

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