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

ULTRA HIGH NET WORTH INDIVIDUALS

Despite a recent contraction in fine art sales and fluctuations in jets and yachts, demand for luxury continues to grow. The global luxury market is expected to reach 1.26 trillion euros in 2019, up 8 percent compared with the previous year, or 4 percent at constant exchange rates. Expectations of 3 to 5 percent annual growth at constant exchange rates through to 2025 for personal luxury goods, with sales reaching between 335 and 375 billion euros.

In 2019, China is showing a 30 percent growth, confirming Chinese customers & purchases redirected locally, followed by the rest of Asia and Japan. Impacted by social unrest, Hong Kong is declining by around 2 billion euros compared with 2018. The Chinese are leading 90 percent of growth in 2019.

The Millennials (the Y generation) and the Z generation contributed to 100 percent of the market growth in 2019. Gen Y is expected to reach 50 percent of market value in 2035. And it is in China and in South East Asia that they show they are most dynamic and attracted by the personal luxury goods. Continue reading

WHAT AN INFLUENCER ACTUALLY

As the fashion sector struggles to define what an influencer actually is, organisations like the Federal Trade Commission in the United States are cracking down on false influencer advertising. In other words, if an influencer has been paid to wear a brand’s clothing, they will now be obliged to say so.

On Wednesday, Carlo Capasa, the head of Italy’s fashion chamber, said the time has come for “influencers” to specify whether or not their clothes have been borrowed or gifted to them in exchange for monetary retribution.

According to a Eurostat survey from 2017, the uses of hashtags and promotion of brands through influencers on social media has significantly increased since 2013.

Camera Nazionale della Moda Italiana published a report last week entitled “Influencer Guidelines and Interpretive Rules for Influencers.” Continue reading

MCM INTERPARFUMS

MCM will soon have a new fragrance, thanks to a licensing deal with InterParfums Inc. InterParfums has signed a 10-year worldwide licensing agreement with Jean Madar, chairman and chief executive officer of InterParfums, revealed plans to reinvent the fragrance category via the MCM partnership, the first launch of which is slated to be in stores in 2021.

We think that MCM the positioning, their territory does not compete with anything we have in our portfolio. We have brands that are in the luxury segment, but new school luxury, it’s more of an attitude.

Sung-Joo Kim, founder, chairman and chief visionary officer of the Sungjoo Group and MCM Holdings AG, purchased the German accessories brand in 2005, becoming the first Korean to buy a heritage European luxury brand.