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LVMH sees improvement, London retail recovers, Buyers flock to eco fabrics, Lacroix and leisure, Avedon's legacy

Louis Vuitton Travel | Source: Louis Vuitton
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  • BoF Team

Improved Revenue Trends for LVMH in the Third Quarter (Reuters)
"LVMH Moët Hennessy Louis Vuitton, the world`s leading luxury products group,achieved revenue of €11.9 billion in the first nine months of 2009, comparable with the same period in 2008. The Group delivered a resilient performance in Europe and continues to show strong momentum in Asia, particularly in China."

London sales soar 7.5% on weak comps (Drapers)
"Retail sales in London rose 7.5% on a like-for-like basis during September compared with the same month a year ago, when sales dropped 0.2% as the banking crisis took hold."

Interstoff Asia sees growth in eco fabrics (Ecotextile News)
"Buyers from some of the world's leading apparel brands such as Adidas, Burberry, Christian Dior, Columbia, Diesel, Esprit, Gap, H&M and Levi Strauss were among those discovering the latest eco-fashion and functional fabrics at last week's Interstoff Asia Essential exhibition."

Gulf investor plans to diversify Lacroix business (Reuters)
"Gulf investor Hassan bin Ali al-Nuaimi, a nephew of the ruler of Ajman, said on Monday he would diversify the Christian Lacroix brand into the leisure sector if his bid for the troubled French fashion house is successful."

Exploring Avedon's impact on fashion photography (Detroit Free Press)
"Working within the factory of the fashion industry, most notably for Harper's Bazaar and Vogue, Avedon invented fashion photography as we know it."

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