ALAÏA IN BOND STREET

In what’s shaping up to be a major year for Maison Alaïa in the U.K., the house founded by the late Azzedine Alaïa will open a flagship on Tuesday.

This is the Paris-based Alaïa’s first flagship outside the French capital, where it currently operates two stores and sells at shops including Galeries Lafayette, 10 Corso Como and Harrods.

Located at 139 New Bond Street  near to IWC and Fendi  the 6,000-square-foot London flagship spans three floors. The space was the former home of the vintage jeweler S.J. Phillips. Continue reading

H&M AND MOSCHINO

H&M’s annual November designer collaboration is always big news and it’s and possibly even more of a headline-grabber this year as the company chose a combination of Coachella, Gigi Hadid and Instagram to unveil the name of the designer brand with which it will be working.

Just after midnight. Designer Jeremy Scott, who presided over the star-studded party, his 12th turn at the festival, should have no trouble translating his Moschino designs into less expensive and just as cheerful versions for the Swedish fast-fashion retailer.

Every year, fashion lovers and bargain hunters alike anticipate news of H&M’s latest designer collaboration the way sports fans wait for draft day. It’s hard at this point, after 16 years of the high-low mash-ups the first of which was with Karl Lagerfeld in 2004 to say which collaboration has been the most spot-on. The Moschino effort may just be one of the more popular, judging from the way fans have snapped up Scott’s designs since he took over as creative director in 2013. Continue reading

VUITTON DOUBLE C ++

Following its failed bid for Hermès, could LVMH, Moët Hennessy Louis Vuitton, be angling to snap up another independent competitor, Chanel?

Not so, said Bernard Arnault, chairman and chief executive officer of LVMH, at the company’s annual general meeting in Paris on Thursday.

Asked to comment on rumors that a senior LVMH executive had met with members of the Wertheimer family, which controls Chanel, to explore an acquisition, Arnault said: “Chanel is an outstanding business, but we are not in contact with them. I don’t know who told you that, but in my opinion, it’s fake news.

Privately, Chanel is the object of regular speculations, although Alain and Gérard Wertheimer, the reclusive billionaire brothers who own the maker of 2.55 handbags and tweed jackets, have given no public indication that the brand might be for sale.” But Mr. Arnault had already said that for Hermes and Vuitton before, so who knows?

SUPREME LVMH LUGGAGE

Cult NYC streetwear brand Supreme’s latest collaboration was announced last Tuesday with iconic German luggage manufacturer Rimowa. They have developed a four-piece suitcase collection.

Since Alexandre Arnault took over Rimowa (after LVMH acquired an 80% stake in the premium luggage company), the young CEO has been rolling out a new, more millennial-focused image for the brand, employing strategies such as pop-up retail experiences and savvy collaborations to give Rimowa further appeal in the fashion and lifestyle spaces.

Indeed, the Supreme collaboration doesn’t look to be the last streetwear partnership for Rimowa this year: Arnault teased an upcoming collaboration with Off-White with an Instagram post in September 2017, before returning to the subject with another photo posted when Virgil Abloh was named at the head of Louis Vuitton’s menswear collections, this time suggesting that the collaboration was slated for launch in Summer 2018. Continue reading

KERING FOCUSES ON LUXURY

Does Kering need some money to pay Hedi Slimane’s allemony after the divorce?

In 2011, Kering acquired Volcom, an action sports brand. One of the less visible brands at Kering has begun taking steps to sell action sports brand Volcom to focus fully on the group’s luxury labels.

“In accordance with Kering’s strategy to fully dedicate itself to the development of its luxury houses, the group is also ready to spin off German sportswear brand Puma.

As reported, Kering and Stella McCartney on March 28 said have agreed to end their 17-year partnership and that the designer would purchase Kering’s 50 percent stake in her namesake brand. Continue reading