BAG OR NOT BAG ?

Now, more than a decade later, the idea of one bag having it all has dimmed. According to an October report from The NPD Group, the handbag business is down 20 percent in the first eight months of 2019, compared to 2016.

Using the amount of bags on the spring runways as an indicator, the category is still a key driver of business and buzz for brands, but the entry points have expanded over the last five years. The rise of the resale market where prestige names like Chanel and Hermès, two brands that sit atop the status food chain, can be bought at reduced prices is beginning to chip away at market share. New brands are building buzz on social media and offer an entry-level contemporary price.

Consumers; attitudes about the resale market have shifted. Once the favorite of thrifty college students and hipsters, the resale accessories market now offers a buy-in on luxury handbags with marquee names that telegraph a level of social capital. Continue reading

ZEGNA HELLO GOODBYE

After six seasons of impactful presentations at Pitti Uomo in Florence, Z Zegna is making a soft comeback to Milan in January.

The Italian brand, which is focused on delivering smart and elegant men’s wardrobes fusing a sophisticated fashion aesthetic with high-tech innovation, will unveil its new fall 2020 lineup with one-on-one appointments at its Milanese showroom located on via Savona.

“After several seasons when Zegna presented its two collections, Ermenegildo Zegna XXX and Z Zegna, in Milan and Florence, respectively, we decided to focus on Milan and its fashion week, in a moment where the city returns to be the most important international destination for men’s fashion,” said Zegna artistic director Alessandro Sartori, explaining the decision.

While Sartori will meet journalists through personal appointments to illustrate the new Z Zegna collection, he will continue to stage a runway show to present the Ermenegildo Zegna XXX luxury men’s wear line. The show will take place the first evening of Milan Fashion Week, on Jan. 10 and it will immediately follow the Dsquared2 runway event, marking the Canadian-Italian brand’s 25th anniversary.

LIAIGRE DIERE DU LUXE

It doesn’t matter if you have style, reputation or money, if you don’t have a good heart, you’re worthless. Under heavy rain and despite the strikes, we arrive at Villa Liaigre at 71 rue du Faubourg Saint-Honoré where we are greeted by Anne Schumacher with a Ferrari body. In front of us” the Hotel Bristol, the palace of all the palaces, and this showroom created a year ago and a set of pieces “Master of art” of what France can give best in its heart, on the land of the Duke of Noailles sold to Jean François Sandrié, contractor of the King’s buildings, market garden of 60 ha on which is built the hotel and its surroundings.

Tribute to the works of Constantin Brancusi, for a cast iron stool imitating eben wood, a bedside table in bronze. I wanted to buy everything and do like that rich Chinese man in the roman of Marguerite Duras l’amant, who probably ordered a turnkey apartment for himself, to go live across the street while waiting impatiently for Liaigre to build his palace. Continue reading

RADIO STAR

A soft symphony that sounds like silk that scratches the symbols of a bygone era, and even if the way of listening has evolved, nothing is lost, everything is transformed to return like this pendulum, so well adjusted, which returns, after excess, to its starting point, of the traditional machines that played with the past and the present.

Is producing less amputated sounds with TSF tubes an ethical approach? Probably, because reconditioning these old posts of our grandparents will remain for a long time to come an object of the future past. His wood cracks from these memories like lightning flashes that smash from the sky on earth. She listened to Radio London and its litany of long sobs of autumn violins that rocked our hearts, in a monotonous languor, for the hope of a better life.

I met the Héleore company, in a small shop in Paris, where a group of craftsmen came from this beautiful region now called Occitania and their singing accent of Carcassonne, a city with medieval architecture restored by Viollet-le-Duc and thus inscribed on UNESCO’s World Heritage List. Continue reading

CHRISTIE’S HYPE AUCTION

Christie’s brought in more than $2.1 million in its Handbags online auction, thanks in part to an Hermès matte white Himalaya Niloticus Crocodile Birkin 30 and a Louis Vuitton x Supreme Monogram Malle Courrier 90 Trunk, which both doubled their low estimates and sold at $125,000 each.

While an overall total of 89 percent of the pieces were sold during the auction, Supreme merchandise exceeded that number, selling 95 percent of its pieces including an Everlast Boxing Group that sold for $17,500, Stern Pinball Machine for $32,500.

This auction successfully captured luxury as it is defined today, the sale further cements skateboards, handbags and consumer products as collectible assets comparable to art pieces. Continue reading

ART BASEL MIAMI BEACH 2019

In our American show, leading galleries from North America, Latin America, Europe, and Asia show significant work from the masters of Modern and contemporary art, as well as the new generation of emerging stars. Paintings, sculptures, installations, photographs, films, and editioned works of the highest quality are on display in the main exhibition hall. Continue reading

MONCLER OBSCURE

Moncler shares climbed 10.64 percent to 42.96 euros by noon Thursday on the Italian Stock Exchange following a Bloomberg report that Kering is holding exploratory talks to buy the luxury brand. That Kering is seriously thinking of a takeover of Moncler. It has the liquidity and it is already discussing the deal with a number of banks.

The deal could be in the range of 13.5 billion to 14 billion euros, a 30 to 40 percent premium on a capitalization of 10 billion euros. could take a matter of days, perhaps two week he forecast, viewing the deal as a response to the recent LVMH Moët Hennessy Louis Vuitton proposed acquisition of Tiffany. Continue reading

CHANEL METIERS D’ART

Virginie Viard on Wednesday showed her first Métiers d’Art line for Chanel. She chose to bring the collection back to Paris, after recent forays to New York and Hamburg, and titled it “31 Rue Cambon” in reference to the brand’s historic address, which also inspired the set codesigned by director Sofia Coppola, who sat in the front row alongside Kristen Stewart, Penélope Cruz and Lily-Rose Depp. Continue reading

AND THE WINNER IS…

We all saw them coming at the British Fashion Awards 2019. Lee’s ability to generate hype is remarkable,

Bottega Veneta was the big winner. Daniel Lee stated: “My job is to really make Bottega Veneta part of the fashion conversation, but this is a true heritage house, and that is something that moves a lot slower and in a very different way to something that’s ‘fashion’, “Trying to change this house into a fashion brand is a huge task.”

Change was a theme also reflected in the winner of the Urban Luxe category: Fenty, Rihanna’s namesake label launched last May and it represents the first major brand LVMH has founded from scratch.The collection is diverse, size inclusive and price conscious in a competitive market. “I really appreciate that LVMH is flexible enough to allow me to have a different perspective on how I want to [do] things,” she said of her financial backer.

Model of the Year Adut Akech has been a trailblazer from day one, calling out racism that still slips through the cracks, and converting her personal success story into a parable for refugees. I want to be known as someone who made a positive impact,” she told Vogue in the September Forces for Change issue, which she fronted with 14 other inspirational women. “It’s an honour to be used as an example of what diversity looks like [but] I want to be more involved with charities that are changing people’s lives.”

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BIAGIOTTI AND BALMAIN LOGO

LB Monogram. Designed by Laura Biagiotti in 1975 was reproduced in a maxi and mini version on sneakers, on combat boot and boots. Shoe laces and embroideries become shoe buckles. Both logo Balmain and Biagiotti are very confusing but money solves every problem and especially with the Quatari. Rousteing will then carry on copying every brands and everything and the Quatari will pay for it till they will be fed up and will change of designer.  Continue reading

BALMAIN CEO RESIGNATION

Massimo Piombini, who joined Balmain in April 2017 and piloted the brand through an expansion phase, is leaving the firm. Balmain confirmed that Piombini is leaving for personal reasons, and added that a new chief executive officer would join the company in February.

"Under his leadership the company has experienced a significant growth and organizational evolution, setting a solid basis for further growth of the brand in the next years, Balmain said in a statement. The house wishes him well on his future endeavors."

It is understood that turnover at the Paris-based house almost doubled over the past three years. During Piombini’s tenure, Balmain opened boutiques in Paris, Hong Kong, Moscow, São Paolo and Miami, and it signed a lease for a New York flagship, which is slated to open in the first half of 2020. Continue reading