Next for Hermès, John Lewis bounces back, The Balmain template, YSL’s tomorrow, Remembering Gianni

What’s Next: Luxury Products (WSJ) “Pierre-Alexis Dumas embraces innovation. But as the sixth-generation member of his family to lead, in his case, the creative end of the French luxury house Hermès, he must uphold tradition, as well.” John Lewis Adds to Evidence Of February Sales Bounce (NY Times) “Bellwether retailer John Lewis posted another double-digit percentage rise in weekly sales as wet weather

…Continue Reading

Burkle eyes Barneys, Bloomingdale’s Dubai, Versace’s new look, Blogger backlash, Robert Polet in Davos

Bloomindale's Dubai | Source: The National

Burkle Angles for Controlling Stake in Barneys (WSJ) “Billionaire Ronald Burkle is angling to take a controlling stake in Barneys New York, people familiar with the situation said, a bet that the company and battered luxury retail sector have seen the worst of the recession.” Bloomingdale’s opens in Dubai (The National) “From today, people in Dubai will be able to indulge in the magic of Bloomingdale’s as

…Continue Reading

A Man’s world, Versace restructures, H&M revival, Neimans stays luxe, Juicy founders step back

It’s a Man’s World (Newsweek) “Just as some educators believe that single-sex classrooms are better for learning, some luxury brands are finding that single-sex boutiques boost the bottom line. While it’s not exactly a man’s world on Main Street, luxury brands are increasingly offering greater exclusivity in men-only shops.” Versace Agrees on Job Cuts, Unveils Lower-Priced Women’s Line (Bloomberg)

…Continue Reading

Versace’s fashion disaster, Dollars and scents, Rent-the-Runway, Chatting with Henry Holland, Fast fashion losers

Versace’s Villa Fontalle, on Lake Cuomo | Source: Sotheby’s

How Versace went from rags to riches—and back again (Newsweek) “Donatella Versace, tiny, sculpted and forever blonde, was standing backstage after her menswear show at the Teatro Versace in Milan in June… it all felt feeble, pathetic—a sad, soulless charade to promote something that no longer exists.” Luxury perfume houses are expanding (FT) “Forget the lipstick index as economic indicator; in this

…Continue Reading

Restructuring Versace, Escada sells Primera, Matthew’s menswear, Homegrown luxury, Karachi fashion rebellion

Restructuring Luxury at Versace (NY Times) “I am a survivor,” the designer Donatella Versace said matter-of-factly during a recent blitz of New York, a visit that made it appear little had changed in the world of the occupationally fabulous.” Escada sells Primera brands (Drapers) “Primera comprises brands Laurèl, Apriori and Cavita. Luxury German womenswear house Escada previously signed a contract to sell the

…Continue Reading