Mobile allure, LVMH grows Hermès stake, Nike’s brand power, Eye for design, Sophie Theallet

Rue La La Screen Shot | Source: Rue La La

Online retailing: The mobile allure (FT) “The transparency and convenience of ‘mobile commerce’ have given Americans the upper hand over retailers, according to Mr Thompson, who echoes the connect-and-inspire ideology of Silicon Valley when he says: ‘The consumer ultimately holds all the power.’ Indeed, for many traditional retailers, rising competition from the internet has capped sales growth,

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Techno Luxury, Saks’ surprise, Asia’s youthful consumer, Sophie Theallet wins CFDA, Marant breaks out

Luxury Firms Move to Make Web Work for Them (NYT) “The luxury goods industry, struggling through a recession that has threatened some well-known names with extinction, is trying to cast off the kid gloves that have hampered its efforts to get a grip on technology.” Saks beats Street with surprise profit, shares up (Reuters) “Upscale U.S. department store operator Saks Inc reported a quarterly profit that beat Wall

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Sophie Theallet | Uniquely Untrendy

Sophie Theallet

NEW YORK, United States — New York fashion is said to strike a balance between commerce and creativity. With few exceptions, New York designers tend to prioritise practical concerns like wearability over more frivolous concerns like the so-called wow factor. On the surface, this seems like a sound business strategy. But when designers focus too much on the practical and are obsessed with being on-trend or with what their peers are

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