Luxury 360: Burberry taps China to beat luxury fears, LVMH hit b...


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Financial Times
Luxury 360
Monday April 22 2013

Luxury 360 - news on luxury brands and analysis of the luxury goods industry - FT.com
 
Burberry taps China to beat luxury fears
FTSE 100 luxury goods maker reports second-half revenues of £1.1bn, balancing struggles in the US and Europe with double-digit sales growth in China
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/DXTDJF/PJ/h?
 
LVMH hit by weak Asia demand
Luxury goods group blames 'flattish growth' in key market for disappointing quarterly sales figures for its flagship Louis Vuitton brand
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/FDBIFS/PJ/h?
 
Weak German car sales add to EU gloom
New registrations fall 13% in Europe's largest economy as all leading markets on the continent report double-digit percentage declines
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/1OQC54/PJ/h?
 
Pinewood in Chinese film tie-up
British home of James Bond films will enter a joint venture with Seven Stars Media as it aims to break into the world's fastest-growing film market
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/LSCRLU/PJ/h?
 
Danone and LVMH: slow boats to China
Two French companies from the opposite end of the consumer goods spectrum illustrate what a slowdown in China means for companies
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/PNZPG0/PJ/h?
 
China retailers shift from ostentatious
Retail sales growth slowed after new leader's bid to curb displays of wealth, but there are signs that middle classes are picking up the slack
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/RPM166/PJ/h?
 
LVMH unit sales growth disappoints
As the world's largest luxury goods group, it is seen as an industry bellwether, and Louis Vuitton's poor performance is likely to raise concerns
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/B41X9Y/PJ/h?
 
Gold hit by sharpest tumble in 30 years
Investors question whether decade-long bull market is over as the precious metal falls a further 8% and nears its worst two-day loss since 1983
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/52RZKX/PJ/h?
 

Material World
 
Christian Lacroix to guest star at Schiaparelli: another cook in the brand kitchen

Diego Della Valle has thrown yet another cook into the Schiaparelli mix: after announcing Farida Khelfa as the "face" of the brand and Vincent Darre as the decorator of the Maison, today he has revealed that Christian Lacroix will create a one-off couture collection, to be unveiled in July, that will be an "homage" to the late designer. That's a lot of opinions and aesthetics under one roof. But there's more (and there will be more)!

Continue reading »
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/8735IM/PJ/h?
 
Why gold jewellery won't drop with the dropping price of gold

I know most people aren't thinking about this – they are thinking about hedge fund managers and how much they may, or may not, lose on their bets – but yesterdays' dramatic drop in gold prices is going to have an interesting knock-on effect on jewellers and watch makers. Not because it will make their products, which have been creeping upwards over the last decade along with the price of their raw materials less expensive – but because it WON'T. It can't. Here's why.

Continue reading »
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/T14T01/PJ/h?
 
From Fendi to Hermes: how fashion pushes your furniture buttons

Yesterday the Salone del Mobile, aka the Milan Furniture Fair closed, and with it Milano Moda design, the side event created by the Camera Nazionale (Milan's governing fashion body) dedicated to "events and initiatives of the Houses of Fashion which present Home Design Collections and organize special events related to Design." This area is growing. Why? Well, partly because of the psychology of shopping: (apologies to Thomas Harris): "How do we begin to covet Clarice?...We begin by coveting what we see every day."

Continue reading »
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/NR2NHN/PJ/h?
 
FT Column: An image cast in iron

When it was announced earlier this week that Margaret Thatcher, Britain's first female prime minister and the first female leader of a major western power, had died, the tweets and slideshows came fast and fulsome. Of course they did; she was a historic figure. And yet, for all the times that someone said, "She changed the world," and referred to the Falklands war, and her war on unions, and the end of the cold war, there were as many others who referred to her clothes.

"Very sad to hear of death of Baroness Thatcher. Her memory will live long after the world has forgotten the grey suits of today's politics," tweeted Boris Johnson, mayor of London. Katherine Haddon, in an obituary for AFP, wrote: "Behind the bouffant hair, trademark handbag and schoolma'am voice was an uncompromising Conservative who regularly cut her male colleagues and opponents down to size with a sharp tongue and even sharper political brain." Meanwhile, the slideshows went up almost immediately: "Margaret Thatcher's style remembered" (HuffPost); British Vogue and Grazia UK did them too.

Continue reading »
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/9MP4EW/PJ/h?
 
Marc Jacobs takes fashion/film relationship to the next level

This weekend marks the opening of designer Marc Jacobs's first feature film. A "social media thriller" directed by Henry Alex Rubin and entitled "Disconnect", it stars Jacobs (as well as Jason Bateman, Alexander Skarsgard and Andrea Riseborough) in a supporting role as an sort of e-pimp who provides runaways with shelter and employment doing internet porn. Judging from the trailer he's pretty good – and really looks the part. In other words, he seems like a legitimate actor, which takes the whole fashion/film thing to a new level. It is a fluke or the future? That si the question.

Continue reading »
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/IE69PJ/PJ/h?
 

Financial Times - Suits and the City
 
Adding color as an accessory
New Yorkers accessorise classic looks with pocket squares, pins, jewelry and color too
http://link.ft.com/r/2SRI11/LSHLCY/RNZBU6/WTNSJM/MJVFTG/PJ/h?
 
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