LVMH AND KERING TOGETHER

Flames on the roof of the Notre-Dame Cathedral in Paris, France, 15 April 2019. A fire started in the late afternoon in one of the most visited monuments of the French capital.

This tragedy is striking all the French people, and beyond that, all those attached to spiritual values. Faced with this tragedy, everyone wishes to give life back to this jewel of our heritage as soon as possible. françois-Henri Pinault, chairman and chief executive of Kering and chairman of his family’s investment arm, would contribute 100 million euros of Artémis funds, as of now to take part to the effort needed to fully rebuild Notre-Dame de Paris.” Continue reading

VERY ATTRACTIVE TAXE V.A.T

The Week Ahead: Will Kering Change Its Tune on Acquisitions? This week, everyone will be talking about Gucci parent Kering’s next move, fashion at Coachella and Allbirds entering China.

Every quarter, Kering reports Gucci’s sales grew a little slower and talk of the need for a major acquisition grows a little louder. To be sure, the brand is still running circles around most rivals, growing 28 percent in the fourth quarter. But Kering is a multi-brand conglomerate competing with the more-diversified LVMH. Saint Laurent, white-hot Balenciaga and McQueen may someday take the pressure off Gucci to perform, but a big acquisition would produce a new centre of value creation in a single stroke. Unfortunately for Kering, there are a imited number of targets it would take a brand

Luxury brands lowered product prices in China as a cut in the country’s VAT rate came into effect on April 1. Continue reading

ESMOD BEST FASHION SCHOOL

Opened in 1841, ESMOD International fashion design and business school has remained at the forefront of French fashion in one of the world’s fashion capitals, Paris : “a learning tool and a source of inspiration for our students”. Our curriculum covers all fashion professions and offers degrees in Fashion Design, Pattern making and Fashion business, at both undergraduate and postgraduate levels. Long history, unique teaching methods and international network make ESMOD the best place to study fashion in Paris.

France still attracts top students from all over the world, and Esmod is the best school in the word. Congratulations to Satoru Ninothe, the president and Christine Walter-Bonini, the Executive Director, for that success.

WILL MET YOU AT THE GALA?

On May 6th, A few famous fashion names could be missing at this year’s Met Gala..Sources said Ralph Lauren, Dior and Calvin Klein have opted out of spending $200,000 or $300,000. on tables this year.

Ralph, Calvin and Dior have been big boosters of the event, collectively dressing scores of celebrities and high-profile guests for at least the last six years. Ralph’s presence at the Met Gala is even the reason Priyanka Chopra and Nick Jonas are married — the two were both dressed by the designer in 2017, which led to an introduction the evening of the event, as the red-carpet moments are carefully coordinated by Wintour. The one asterisk here is Calvin, which seems to have skipped last year’s event, too, after many consecutive years in attendance. It’s now pulling out of the high-fashion space altogether, while the brand considers the way forward for the overall business. Continue reading

ARIANA GRANDE TRADEMARK

Ariana Grande is transforming her single hit into a beauty line. The singer, who released the pop earworm, “Thank U, Next,” in November and an album of the same name in February, has now filed for a trademark to create a line of beauty products.

According to the U.S. Patent and Trademark Office, Grande filed for a trademark under the title, “Ariana Grande Thank U, Next,” on April 2. The trademark is filed for a number of beauty products, including fragrances eau de cologne, eau de parfum and eau de toilette — body lotions, bath gels, body scrubs and body mists, among others. Continue reading

LOUBOUTIN IN FfRENCH

Christian Louboutin Beauty has inked a deal with Isamaya Ffrench.Isamaya grew up in Cambridge but at 18, after finishing school, she moved to London. She specialized in 3D design at Chelsea College of Arts and ended up going on to study Product and Industrial Design at Central Saint Martins as well as joining the Theo Adams Company; a London based collective of artists, dancers, musicians, actors and singers.

Ffrench, one of the most in-demand makeup artists today, has signed on as the brand’s new global makeup artist. She was chosen by Louboutin himself, according to the brand, and will be tasked not only with creating looks for campaigns, but with product development. Continue reading

CHANEL WON’T BACK DOWN

The luxury brand, which fired its shot across the bow of sophisticated resellers of designer goods last year by accusing The Real Real and What Goes Around Comes Around of selling counterfeits, is keeping the fight alive.

In its New York federal suit against The Real Real Inc., Chanel Inc. disputed the reseller’s assurances that it carries only authentic labels verified by a crack team of gemologists and other experts. Chanel had claimed that only Chanel itself can know what is genuine Chanel, while The Real Real panned the suit as little more than an effort to stamp out competitors in the secondary market.

“Simply put, [The Real Real] cannot hold itself out as an expert authenticator and seller of “100 percent real” Chanel-branded products and then, after advertising and selling counterfeit Chanel-branded goods, claim that its advertising claims are merely ‘general expression[s] of opinion’ that are ‘immune from challenge,’” Chanel’s lawyers argued in the brand’s filing Wednesday. Continue reading

L’XXL BY DELVAUX

The Brillant family welcomes a bold new shape: l’XXL Conceived in collaboration with French designer Jean Colonna, it is the inspired result of a meeting of opposites. Colonna’s cult rock and roll, androgynous style fuses seamlessly with DELVAUX’s craftsmanship and heritage to create a bag that is unique in its modern approach and pared-down aesthetic.

Deconstructed for a highly supple shape and oversized design, l’XXL is a bold interpretation of the Brillant. Laid-back and nonchalant, it plays with the features of DELVAUX’s most emblematic bag, whilst retaining its discreet and elegant essence.

Adorned with a purely ornamental buckle, it has two handles and a striped cotton canvas lining, screen-printed with DELVAUX’s signature crown logo. Its malleable form, two detachable pouches and considerable size give it a big presence, along with a customizable exterior tag containing a polished steel mirror for an added touch of luxury. Continue reading

TARMAC 22 GSTAAD

Located one floor above ground level at the recently reopened Gstaad Saanen airport in Switzerland, Tarmak 22 is a new 3,000-square-foot gallery bringing contemporary art to new heights.

“There are a lot of art collectors in Gstaad, but there aren’t really any spaces to organize shows and get together.

“The location is spectacular, the airport has a very alpine feel: the beams in the hangar are made of 8 meter strips of wood, and it sits in a valley in between the mountains. From the huge windows all around the hangar, the view is either all white in the winter, or all green in the spring.

And the landing strip with all the helicopters reminds me of James Bond movies, Continue reading

RAF SIMON’S HUGE COST

The cost of making Raf Simons’ vision for Calvin Klein a reality and subsequently unraveling his designs after they failed to boost profits has been laid bare and it’s larger than previously thought.

As PVH Corp., which has owned Calvin Klein since 2002, works fast to reconnect the iconic brand with consumers, the price of the whole debacle now looks likely to add up to around $240 million, up from a prior estimate of $190 million.

In addition to the $60 million to $70 million it invested in Simons’ 205W39NYC collection, which alongside his overhaul of Calvin Klein Jeans did not provide the returns it had hoped for, PVH said in its annual report released Friday that total costs related to the restructure necessary to repair the brand are likely to total $170.7 million. Continue reading