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6 July, 2011 | by BoF Team

BoF Daily Digest | Givenchy’s pure couture, Burberry shareholder revolt, Made in Britain, Armani for Japan, Rei Kawakubo’s vision

Givenchy Couture by Riccardo Tisci, Autumn/Winter 2011-12 | Source: Givenchy

Givenchy: Pure is Beautiful (IHT)
“Mr. Tisci’s vision of asking the impossible from his ateliers is part of the story. But the main thread of his collection is the link to those few, rare customers who are searching for the exceptional. And that suddenly seems like 21st century haute couture.”

Burberry faces shareholder revolt over ‘excessive’ executive pay (Guardian)
Burberry faces a revolt over executive pay after a lobby group urged its members to vote against the luxury fashion house’s remuneration plans… Pirc, which advises pension funds and asset managers, described rewards for executives as ‘excessive’.”

The New Value of Being ‘Made In Britain…’? (Popsop)
“…The luxury sector as a whole—does indeed seem to be bucking the retail trend… In 2006, British brand Burberry was pilloried for moving its production to China… The brand is increasingly using its British’ness as currency around the world while increasingly looking to the Far East for sales.”

Giorgio Armani dedicates new collection to Japan’s Tsunami Victims (Guardian)
“Giorgio Armani has been attempting to get couture to look outside its rarefied environment by dedicating his Privé couture collection to recovery efforts in Japan… Fashion brands will often make a nod to charity, but Armani’s theming of the entire couture collection around a single cause is a highly unusual move.”

Rei Kawabuko, Artist & Visionary (Fashionably Marketing)
“Through a diverse portfolio of work, spanning just short of four decades, Kawakubo has positioned herself not only as one of the top three Japanese designers of our time, situated right up there with Issey Miyake and Yohji Yamamoto,  but also a true artist and visionary.”

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8 June, 2011 | by BoF Team

BoF Daily Digest | Donatella talks to Riccardo Tisci, Social media’s new wave, PPR on the prowl, India’s wealthy ways, Fairytale dresses

Riccardo Tisci photographed by Steven Klein | Source: Interview Magazine

Riccardo Tisci By Donatella Versace (Interview)
“Like any competitive industry, fashion understands the market need for a constant infusion of fresh blood and untapped talent. But among the crop of sartorial prodigies to have emerged in recent years, none has ascended from young upstart to master of the universe as rapidly as 36-year-old Italian designer Riccardo Tisci.”

Social Media: The Second Generation (WWD)
“Forget those who ‘like’ you. Go after the ones who don’t. That’s the new strategy emerging in the ever-evolving world of social media…. Now the future of digital marketing isn’t about bulking up a firm’s own branded dot.com… it’s about getting their content onto someone else’s to reach more consumers.”

PPR’s grosse acquisition (FT Alphaville)
“There’s ripple of excitement in the luxury goods sector… following reports that Gucci and Puma-owner PPR is on the prowl. Having seen arch rival LVMH swoop for Bulgari, PPR is in talks to make une grosse acquisition in the luxury goods sector.”

How India’s Super-Rich Spend Their Money (WSJ India Realtime)
“Meanwhile, the inheritors prefer to do their shopping for clothes and luxury items abroad. ‘The same international brands in India don’t have the same range, so I pick them up when I travel overseas… Also, apparel, especially international, better to buy them abroad. The range, the cut, the finish, is better there, even the price.’”

Putting Fairy Tales and Fashion in Play (IHT)
“As a fund-raiser for her Naked Heart Foundation, which builds playgrounds in Russia, the supermodel Natalia Vodianova invited 40 designers to create dresses on a fairy-tale theme.”

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27 May, 2011 | by BoF Team

BoF Daily Digest | Personal stylists go online, Hunt for new talent, Exclusively.in expands, Hermès strategy safe, Tisci’s spirituality

Christian Siriano for Send The Trend | Source: Send The Trend

Because, Obviously, Everyone Needs a Stylist (WSJ)
“Now, a crop of new e-commerce sites are trying to cash in on regular consumers’ desires for a Hollywood-type stylist experience of their own. The sites combine the Internet’s powers of customization with the cachet of stylists to attempt to match of-the-moment products to shoppers’ personal preferences.”

Fashion hunts for talent in new growth phase (Reuters)
“The fashion industry is entering a new growth cycle with a bigger focus on customers’ price, quality and style expectations than in the mid-2000s, prompting brands to renew their design teams… ‘It is when business is good that fashion brands can take important decisions and change designers, not when times are difficult.’”

Indian Fashion Portal Gets $16 Million Funding (WSJ)
“Exclusively.in’s business idea is to make Indian designer wear accessible through an online membership-based portal, and conduct daily sales that price these items at off-the-rack discount prices… With this round of funding, the company will expand to the U.K., Canada and even head to the shores of India this summer.”

Hermès’s Anti-Takeover Plan Is Safe (The Cut)
“The French court assigned to rule over ADAM’s case postponed the hearing until after the shareholder meeting, effectively (and passive-aggressively) dismissing their appeal. Colette Neuville, ADAM’s president, said they’re dropping it: ‘There is not much point in pursuing the issue.’”

Reflections on the Spirit: An interview with Riccardo Tisci (Jessica Michault)
“To understand what makes Riccardo Tisci tick there are only two things you need to know. He is deeply religious and his family means everything to him. These are the twin pillars on which the 36 year old designer has built a solid creative foundation.”

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23 November, 2010 | by Imran Amed, Editor

BoF Exclusive | The New Creative Establishment 2010 — The 50 Most Influential Creative Forces Working in Fashion Today

The New Creative Establishment | Source: INDUSTRIE Magazine

LONDON, United Kingdom — Today, The Business of Fashion brings you an exclusive preview of The New Creative Establishment, a list of the 50 most influential and inspirational creatives working in fashion today, developed by our friends at INDUSTRIE magazine for their second issue which comes out later this month and was inspired by a much-watched list with a similar name published by Vanity Fair called ‘The New Establishment’.

Ever since the widely-read debut issue of INDUSTRIE hit the stands last May, editors Jens Grede and Erik Torstensson have been carefully creating their list which they say is a “celebration of creativity in fashion.” After the first draft of the list was developed, they sought feedback from fashion insiders and peers, and re-iterated the list several times. The emphasis is on the word ‘new’ as there are obviously some very important longtime names who continue to wield great influence who are not on the list. In the end, “those listed were selected not only for their creative faculties/creative contribution to fashion today but also because of the wider impact their work has had on fashion business, the social and other creative industries.”

So, without further ado, here is The New Creative Establishment from INDUSTRIE magazine. What are your thoughts and opinions? Who deserves to be on the list? Is anyone missing? And what do you think of fashion power lists in general?

… Continue Reading

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7 July, 2010 | by BoF Team

BoF Daily Digest | Riccardo Tisci’s skeletons, Perrone steps down from Brioni, Ferré’s new deadline, Appvertising takes off, Slow fashion

Givenchy Haute Couture Fall 2010 | Source: Style.com

Givenchy Haute Couture Fall 2010 | Source: Style.com

Skeletons, Family and Religion (IHT)
“There was little of the sharp tailoring associated with Givenchy, where Mr. Tisci has been the creative director for five years… In an interview, the designer explained his vision.”

Perrone Quits as CEO of Italian Suitmaker Brioni (Bloomberg)
“Perrone, the 40-year-old grandson of Brioni co-founder Gaetano Savini, was appointed sole CEO in July last year, replacing a governing committee, of which he was part. The move was partly to accelerate decision-making, he said at the time.”

IT Holding Administrators Extend Bid Deadline for Ferré (Bloomberg)
“Administrators for IT Holding, the Italian fashion company being reorganized under government- backed bankruptcy protection, extended the deadline for binding offers for the Gianfranco Ferré label.”

Apple’s Appvertising Takes Off (Brand Channel)
“To make iAd advertising as effective as possible, Apple is looking to mesh interaction with emotion… Apple is reportedly ‘studying the buying habits’ of 150 million iTune users so it can target its mobile ads.”

Slow fashion: forever yours (Guardian)
“The concept of fast fashion – the hunger for a cheap Saturday night top that gets bought, worn once or twice and swiftly dumped – is fast fading. In its place we have slow fashion, the pre-eminence of terminally stylish designs with lasting appeal.”

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