Louis Vuitton’s new multi-storey “Townhouse” at London’s Selfridges offers an elevated, flagship-like brand experience inside one of the world’s most democratic and high-traffic luxury department stores.
Chinese are up to speed with life in the fast lane (LA Times) “Companies obsessed with China a few years back for its flagrant counterfeiting now see it as their most promising customer, especially at a time when so many other nations are scrimping. Gucci’s sales in China in the first half of 2011 were up 39%;Bottega Veneta’s more than 80%. Prada plans to open 50 shops over the next three years.” Russians
Equity turns fashionable (Fashion United) “Investing in something more than a covetable wardrobe is turning to be a trend that arrived to stay. Even more equity and investment firms are looking for opportunities to enter the fashion business, which is proving to be resilient to crisis and financial turmoils.” Coach to Move Production From China (WSJ) “Leather-goods maker Coach plans to gradually move some
Profiling the Value Retailers (WWD) “Stores, like people, have personalities. Whether that personality determines the customer, or the customer the personality, is one of those chicken versus egg questions that’s a matter of perennial debate (well, at least among retail nerds).” Selfridges and Dolce & Gabbana in ‘giant falling out’ (Telegraph) “From next spring, the chain’s department stores
Tommy Hilfiger Replants His American Flag (NY Times) “Once a preppy kingpin and then a megabrand designer of urban streetwear, with over $1.9 billion in sales… at his peak, Mr. Hilfiger, in the 1990s, was very cool. But then, about 10 years ago, he just wasn’t…When did Tommy Hilfiger become cool again?” H&M Examining Latin America, Australia for Openings (Bloomberg) “Hennes & Mauritz, Europe’s