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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Mexico’s luxury promise, ASOS goes global, UK retail sales up, M&S cautious, Cathy Horyn en route to Paris

El Palacio de Hierro luxury department store, Mexico City | Source: iluminet.com.mx

Ferragamo Chief Norsa Says Mexico Is Strongest Luxury Market (Bloomberg) “Salvatore Ferragamo SpA Chief Executive Officer Michele Norsa said the Italian fashion brand’s strongest sales growth among major economies this year has been in Mexico, where the wealthy spent more at home as the peso fell.” Asos benefits from overseas sales (FT) “In a statement ahead of its annual shareholder meeting, Asos said

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Giornetti for Ferragamo women’s, Hugo Boss stable, Saks menswear, Designer blogger revealed, Biba’s Story

Massimiliano Giornetti for Ferragamo S/S 2009, courtesy of Fashionisto

Ferragamo menswear designer takes on womenswear (Reuters) “Italian fashion house Salvatore Ferragamo has said its menswear designer Massimiliano Giornetti will also take on women’s ready-to-wear.” Hugo Boss keeps 2009 outlook after weak Q2 (Reuters) “Hugo Boss said on Thursday second-quarter loss before interest and tax (EBIT) widened to 15.6 million euros ($21.99 million) from 2.2 million in the same period

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Fashion gloom, Lakshmi Menon, Online sales drop, Saks’ new investor, Ferragamo reports loss

The Meatpacking district in the 1970's, courtesy of the Bowery Boys

Fashion in Dark Times (The Atlantic) “During the fashion boom that began in the 1980s, the relationship between fashion and its customers was the same as the one between art and its rich, often unlovely patrons: all that money sloshing around led to excessive consumption, but it also created a fertile soil in which works of beauty and integrity could develop.” This year’s model: How Lakshmi Menon put India in

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Ferragamo & Australia, Giles Deacon’s menswear, Mom-and-pop retailers, Ugg sales soar

"Australia", Starring Nicole Kidman, Hugh Jackman and … Ferragamo  (WSJ) As part of Salvatore Ferragamo's "long standing brand strategy," it has made accessories for the movie Australia starring Nicole Kidman. Giles Hearts Boys, Too (Fashionista) Giles Deacon has launched a menswear range in collaboration with New Look. Retail Rx for a Hip Mom-and-Pop (NY Times) By George, a small retailer in Austin, Texas is emblematic of the challenges for mom-and-pop retailers in the current economic environment. Ugg sales soar at John Lewis (Drapers) At John Lewis, Uggs, the ubiquitous Australian boots, "saw a 300% increase in sales." Scene from Australia, photo courtesy of TV.com.

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