Faster, higher, stronger: luxury pricing goes for gold (Reuters) “Analysts say prices in the luxury industry have surged from 2001 to 2011 and will keep rising faster than broader prices. Thomas Mesmin at Cheuvreux estimates that prices for fashion and leather goods rose 62 percent in that period, while watches and jewelry have risen 78 percent. Euro zone inflation has totaled just 26 percent over the 11 years.” Luxury
Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on
Vogue promises to ban underage or ill models (Guardian) “The editors of the 19 editions of Vogue magazine worldwide have added their voices to efforts to tackle eating disorders and the use of underage girls in the modelling industry.” LVMH suffers partial setback in eBay court challenge (Reuters) “French luxury goods company LVMH suffered a setback in its attempts to stamp out counterfeit trading on eBay, as a
British Vogue editors, normally ensconced behind their desks at Vogue House or off on fashion shoots in far flung locales, were zipping around with clipboards, cue cards and headsets, each playing their part in the first ever Vogue Festival.
LONDON, United Kingdom — “I’m not that prim woman stylist. I don’t think I’ve ever done a picture that you couldn’t actually wear,” says Francesca Burns, the platinum blond Londoner who has styled countless cool girls, from Dree Hemingway to Lara Stone, and six months ago, was named fashion editor of British Vogue. “I love a shoot in which the girl is completely real; she’s just outside your reality. It feels convincing and you