Leather forever, China momentum, Adidas profits to rise, Curator wears Prada, ‘It’ brand again

Hermès winged saddle bag | Source: Glam

Wings of desire: 175 years of Hermès (Telegraph) “Fast-forward to now, and Hermès is the world’s best-regarded luxury company. The regard is reflected in its performance: last year, its profits rose 41 per cent to £495 million. Its exquisitely printed silk scarves are lusted after, but the cult of Hermès is predicated primarily on its handbags.” Slowdown in China? Not for luxury brands (CNN) “China’s

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Amazon ups the ante, Italian optimism, One man show, Eastern promises, Arizona Muse rules the runway

Amazon.com/fashion screen shot | Source: Amazon.com

Amazon.com Raises Fashion Ante (Apparel News) “Best known for selling books and electronics, as well as itsKindle e-reader, Amazon.com Inc. has placed its focus on becoming a bigger player in the fashion business. The Seattle-headquartered Fortune 500 company recently placed ad campaigns in glossy consumer magazines and hired seasoned fashion veterans as buyers for the apparel offerings sold in its Amazon Clothing

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Inside Ferragamo, Spurr exits, H&M sales up, LVMH charms Fabindia, Waight-Keller on Paris

Massimiliano Giornetti | Source: Heart 2 Heart

Inside the mind of Salvatore Ferragamo’s new creative head (Independent) “Creating a global wardrobe is just the tip of the role Giornetti was handed two years ago. Having been a menswear designer for the brand for 10 years, working his way up to head the division, Giornetti took over the helm of womenswear too in July 2010 after a series of creative directors had failed to make a lasting impact with their

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Kors vs Coach, Ferragamo rising, Dover Street Tokyo, Fashion hunt, Front row takeover

Front Row Christian Dior Autumn/Winter 2012 | Source: China Daily

Michael Kors Brand Takes on Coach in U.S. Luxury Market (Bloomberg) “Coach Inc. faces an upstart with momentum and brand recognition. His name is Michael Kors. Since the designer’s company went public three months ago, his ambitions have become clear.” Ferragamo eyes growth after profits beat forecasts (Reuters) “Italian luxury shoemaker Salvatore Ferragamo is expecting ‘significant growth’ in 2012

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Global Briefing | Cracking E-Commerce in China

Xiu.com screenshot | Source: Xiu.com

We continue this week’s focus on e-commerce by turning our attention on how to succeed in the rapidly expanding e-commerce market in China.  BEIJING, China — According to a recent report by The Boston Consulting Group (BCG), China is set to become the world’s next e-commerce superpower, surpassing the United States to become the largest online commerce market in the world, with an estimated market size of $300 billion. In

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E-commerce on the rise in China, Ferragamo up, Sports and music buzz, Introducing Snapette, Fairy Godmother

Taobao | Source: Jing Daily

Online shopping is growing rapidly in China (BBC News) “Across China, online companies large and small are learning how to be effective e-commerce players – or fail like US goliath eBay, which was trounced by upstart Taobao back in 2006. In 2010, China’s online shopping industry had a turnover of $80bn, and grew 87% year-on-year. China’s 420 million internet users spend around a billion hours each day online

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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

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Vuitton’s REcreative artists, Labelux acquires Belstaff, Ferragamo IPO a go, J.Crew reports losses, Honouring Hilary

Peeq, shop and play with Sneakpeeq | Source: Sneakpeeq

Calling all aspiring artists: Louis Vuitton launches just the site for you (Telegraph) “REcreative, www.recreativeuk.com, has been devised and developed over the past year… Aspiring artists can upload their work and share it with the online community in the ‘Projects’ section of the site, where leading artists and critics will select their favourite works to highlight.” Labelux boosts fashion M&A

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Art of the Trench, Luxury as elite and youthful, La Perla lowers prices, Record rents, Ferragamo’s online museum

Burberry Looks Online for Ways to Gain Customers (IHT) “Angela Ahrendts still remembers when she bought her first Burberry trench coat… Ms. Ahrendts — who now runs the company — is hoping to move the quintessentially British brand into the age of the Internet to attract a new generation of shoppers.” Luxury Pundits: Stay Elitist Yet Youthful (Media Post) “Luxury brands… must be elitist, empathetic,

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