Market Pulse | Bounce Back Amid Clouds

Savigny Luxury Index October 2011 | Source: Savigny Partners

LONDON, United Kingdom — The market roller coaster continues, but the luxury sector has once again outperformed the general market. While questions remain about the ability for China to sustain the growth of luxury brands, investors seem to be on side again, at least for now. Analysts remain divided about the future of the luxury sector in 2012, amid much macroeconomic uncertainty. Big news • Renewed confidence in the sector

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Web to print, PPR sees no slowdown, MaxMara’s design tour, Tiffany defends Louboutin, Rankin’s new magazine

Style.com/Print | Source: Fashion Snap

Finally, the Web at Hand (NY Times) “Next week, the first issue of a glossy magazine from the editors of Style.com, with the puzzling name of  Style.com/Print, will hit newsstands… Aside from the novelty factor of its origins, it is a surprisingly effective product, one that reads with a swiftness that is not unlike the experience of clicking through multiple screens at a time. The first 100 pages can be read in five

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Market Pulse | The Luxury Consumer Is Back

Savigny Luxury Index March 2011 | Source: Savigny Partners

LONDON, United Kingdom — This month’s Market Pulse shows a continuing upward trend for luxury and fashion stocks versus the MSCI World market benchmark, erasing any lingering doubts about the return of the luxury consumer. Big news • Luxury brands have had an excellent start to the year reporting strong Q1 results. Double digit sales growth has been fuelled by continued strong growth in China and economic recovery in the US

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Ascher London relaunched, Galeries Lafayette to China, Hermès’ suitor, Tiffany ups forecast, Watching Latin America

Ascher printed floral mohair boucle for Cardin 1958 | Source: Telegraph

Ascher London is relaunched (Telegraph) “The once-legendary scarf brand Ascher was famous for its collaborations with the 20th century’s most illustrious artists. Now the founder’s grandson is setting out to revive the tradition.” Galeries Lafayette in Beijing return (FT) “The group said it expected its first store to open in Beijing in 2013… The announcement comes three years after Galeries

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Masculinity rules, India innovates and China makes, Tiffany expansion, The Bay makes Room, Styletrek coming soon

Dolce and Gabbana Summer 2010 | Source: Dolce and Gabbana

Keeping it Masculine (WSJ) “Men have more style than ever to choose from. Luxury labels from France’s Hermés to American icon Ralph Lauren are opening stores dedicated to men…  — Gucci, Prada, Dior, Chanel, Burberry — dress men too.” India Innovates, China Makes, America Buys (WSJ) “Anyone whose daily commute includes the clogged roads of Mumbai would be temporarily enthralled by the

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Tiffany shines again, Tony Blair and LVMH, Italy to exit crisis first, Shifting values of the wealthy, Chic clicks

Jean Schlumberger for Tiffany's | Source: Tiffany & Co.

Shine returns as Tiffany’s sales rise (FT) “Tiffany, the US jeweller, raised its profit outlook yesterday as strong holiday sales brought some shine back to an industry that cash-constrained consumers shunned during the worst of the recession.” Tony Blair could help LVMH’s forays into new markets (Reuters) “Tony Blair’s expected appointment as adviser to LVMH… could help it penetrate tough

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Shopping discounts, Tiffany profit drops, Cavalli cleared, Independent retailers’ strategies

Retailers Offer Big Discounts, and Then Pray (New York Times) Retailers have been offering doorbuster sales before Thanksgiving in order to lure customers in store despite the economic downturn. Tiffany Profit Drops, Cuts Forecast as Sales Fall  (Bloomberg) Tiffany & Co. "said profit fell and cut its forecast as sales dropped for the first time in almost seven years amid the global financial crisis." Cavalli Cleared of Tax Evasion (WWD) Roberto Cavalli has been cleared of tax evasion by the Italian Supreme Court of Cassation. Where To Find Small-Store Holiday Sales  (Forbes)  "Independent retailers are cutting prices and adding personal touches in order to stay afloat." Doorbuster deal at Toys R Us, photo courtesy of the New York Times.

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