The Savigny Luxury Index regained some of the ground it had lost over June and July, increasing by 2.2 percent in August on the back of positive results announcements. The MSCI World Index also gained 2.2 percent as the debate over US interest rate rise rumbles on.
Acknowledging the limits of its ‘one-for-one’ model, Toms has evolved from a strictly aid-based approach to one that supports wider economic development through job creation and local trade, argues Derek Ruediger.
Best Foot Forward: The man behind Toms (Independent) “Toms, the brand behind these ethical espadrilles – with its singular tagline ‘one for one’ – has revolutionised fashionable feet, as well as the face of charitable giving in one easy step. Founder Blake Mycoskie’s idea is a simple one: for every pair of shoes sold, another is given to children in the developing world.” Michael Kors’ To Make Billions
The Inside Story of a Couture Dream in the Making (IHT) “Few dare to focus on a blank page, even if it has a gilded trim, or to imagine that a cover could be made from gros grain, with the texture of a couture dress and no sign of a title — until you find the names embossed on the gilding: ‘Lanvin’ and ‘Alber Elbaz.’… ‘I didn’t want to make it a retrospective, the beginning of the