Paris fashion week is the richest in terms of collections, events and buzz. The superb and eye-catching locations give a warm welcome to the fashion people and always give a sense of unique luxury. Christian Dior Couture Chiuri inspiration around Miss Dior, a woman with her own business in the ’50s who never married, the Magic … Leggi tutto

From Fashion Network “It’s been a tough year, weighed down by an unfavourable international environment. Next year, we hope to return to the growth rates we are used to”, Carlo Capasa, chairman of Italy’s National Fashion Chamber, said on Thursday. No. Hope is not enough. The Italian #fashionindustry sees around 75% of its revenues made outside the Italian borders. … Leggi tutto

Why #Fashion brands should stay away from #politics (and why they can’t) Today neither #fashion nor #luxury can be managed with a light heart and mind. The quest for cash and a greedy attitude transformed some #fashionbrands into ephemeral kingdoms. Subjects to much bigger (and smarter) empires. Once upon a time an ambitious prince met in a wood a stunningly perfect, wealthy princess with a huge … Leggi tutto

The Hermès-Margiela collaboration as seen by Pierre-Alexis Dumas “Jean-Louis Dumas …knew that he constantly needed to revive the perception and understanding of the brand through creativity. He was always telling me that Hermès needs to change all the time to remain true to its spirit.” “My father later said: ‘Hermès has always been a house … Leggi tutto

10 insights on the philosophy of the mastermind behind the first #luxury group in the world 1. “The man himself is deeply private”. No need to show off. 2. “I always liked being number one. I told my team we will build the first luxury group in the world” (Michael Burke was among his closest aides since … Leggi tutto

A few days ago Equita, the independent Italian investment bank, disclosed an interesting analysis on Kering: – Rating “buy” – The stock trades at 16x times earnings vs the 24x times of the competitors for 2020 – Return on invested capital is higher than peers thanks to increasing profitability due to past years Gucci relaunch – Gucci has … Leggi tutto

Yesterday LVMH reported +16% revenue growth, with an organic growth of +11% Best performing category is the #Fashion & Leather Goods with a +20% growth. Louis Vuitton saw the notable growth of all its categories, supported by the refurbishment of key stores in Florence, London, Monaco and Shanghai. It also opened a new leather factory in France employing … Leggi tutto

Jean-Marc Loubier, former top executive of LVMH, acquired Belgian bags brand Delvaux in 2011 with other partners. The brand revenues were around 10 million euros and the sales were 97%  located in Belgium. Eight years later the brand turnover is between 100 and 200 million euros and 90% of it is outside the mother country. … Leggi tutto

Gilles Lipovetsky Some years ago I attended a Richemont internal conference in Geneva. I was marketing director of one of the group brands. I was smart and curious as well as shy and introvert. Seating on the shuttle from the hotel to the conference place, I noticed a man getting in the bus and asking if a … Leggi tutto

As per the McKinsey & Company “State of Fashion 2019” next year won’t be easy, and the consulting firm calls for an urgent awakening all the fashion brands.The document is very interesting and insightful, and quite scary.Competition is getting harsher, markets won’t grow enough to host the industry wishful growth.But…are fashion brands ready to wake … Leggi tutto