Wobbles in China, Aquascutum acquisition, Tod’s up on US strength, Luxup launch, Curating cool

| Daily Digest

Aquascutum Autumn/Winter 2012 | Source: MyDaily

Europe’s Luxury Rally Founders as China, Greece Hurt LVMH (Bloomberg) “The biggest rally in three years for luxury-goods makers in Europe is fizzling on concern slower economic growth in China and renewed euro-area political turmoil after Greece’s inconclusive election will choke off demand.” China’s YGM takes Aquascutum off the shelf (Reuters) “YGM Trading Ltd has agreed to buy Aquascutum, the failed luxury

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Fung Brands eyes Rykiel, Hidden wealth, Tod’s woes, Vogue maintains position, Patrik Ervell Q&A

| Daily Digest

Hermès Spring/Summer 2008 | Source: Nirali

Sonia Rykiel in talks with investor Fung Brands (Reuters) “Sonia Rykiel, one of the last family-controlled French fashion houses, is in exclusive talks with privately held Fung Brands which could lead to the investment firm taking an 80 percent stake in the company to help it expand internationally.” China’s Hidden Wealth Feeds an Income Gap (NY Times) “Wealthy Chinese are snapping up gold, Rolls-Royces and

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Spring/Summer 2012 | The Season That Was

| Intelligence

LONDON, United Kingdom — It was a fashion season of extreme weather. After the New York Fashion Week schedule was upended, first by an earthquake and then by the State of Emergency declaration that came courtesy of Hurricane Irene, an unprecedented heat wave in Paris threw buyers, editors and bloggers into a wardrobe tailspin. The American editors were worst off, having packed for the European shows two weeks before Paris with no

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Market Pulse | Stormy Weather

| Market Pulse

Savigny Luxury Index August 2011 | Source: Savigny Partners

LONDON, United Kingdom — Hurricane Irene wasn’t the only storm wreaking havoc during the month of August. The financial markets were also stormy. Ongoing economic uncertainty on both sides of the Atlantic had investors in a panic, and luxury stocks were were hit hard, though they bounced back towards the end of the month. Big news • August, which is a typically quiet month, has seen some high trading volumes driving

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Being Della Valle, Luxury retailers cautious, Reinventing Ben Sherman, Chanel’s Peter Philips, Louboutin fights on

| Daily Digest

Diego Dalla Valle | Source: Marie Claire

Lunch with the FT: Diego Della Valle (FT) “Tod’s is a success story that continues to show impressive growth: half-year results of the €800m company released this week show sales up by 16.4 per cent from the corresponding period last year and net income up by 26.7 per cent… Tod’s is nothing if not a global concern and, as with most luxury goods companies, eyes are looking hungrily eastwards.” Luxury retailers

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