BURBERRY FUR OR NOT FUR

Burberry said early on Thursday the no-fur policy will apply to Tisci’s debut collection for Burberry later this month, and the company will phase out existing real fur products.

Over the past year, the brand has come under fire from anti-fur protestors who staged screechingly loud and aggressive protests outside its runway shows. The company also became the target of criticism in the British press for its decision to destroy new, but unsalable, merchandise each year. Continue reading

CELINE NEW LOGO

On Sunday, Céline’s designer Hedi Slimane offered followers clues about the world he is fashioning for the French label on Instagram, revealing a new logo, and some explanations as well.

“The new logo has been directly inspired from the original, historical version that existed in the 1960s,” reads the first line of description, all in capital letters, as is the logo. The designer opted for a “modernist typography” that dates from the Thirties and removed the accent on the first “e” for a “more balanced proportion” evoking the label’s collection in the Sixties, the description continued.

One of the most prominent and influential fashion figures, Slimane joined the LVMH Moët Hennessy Louis Vuitton-owned label in February with the mandate of broadening its scope to add men’s, couture and fragrance lines. His collection makes its debut on Sept. 28 in Paris. Continue reading

STOCKHOLM FASHION WEEK

Fashion Week Stockholm, which has been showcasing some of Sweden’s most interesting brands and designers since 2005, has progressively established itself as one of Northern Europe’s leading fashion events. In part due to their renewed presence during this bi-annual event, fashion houses such as Acne, Tiger of Sweden, Filippa K, Hope, and, more recently, ATP Atelier have gained regional notoriety and brought international attention to the Swedish fashion scene. It has also enabled the so called “Scandinavian aesthetic” – often defined by its minimalism, functionality and simplicity – to be widely popularized and globally recognized.

Much like the other major fashion weeks, it also serves as a platform for emerging and increasingly established fresh talent, presenting a younger generation of designers who are pushing the boundaries of what’s expected when it comes to Nordic style and aesthetic. Here is a selection of up-and-coming designers who are launching Sweden’s fashion into the future, informed by worldly references and infused with their domestic heritage. Continue reading

ST LAURENT REACHED TARGET

Behind the Gucci-centric headlines that greet every quarter of impressive growth at Kering, there is another brand that is fueling the French luxury group Saint Laurent because of a reboot of its women’s wear offer under chief executive officer Francesca Bellettini and creative director Anthony Vaccarello.

Since she took over in 2013, the Italian executive has overseen a tripling of the house’s sales, though she’s not one to sit on her laurels. Rather, she continually drives her teams toward the next challenge, as she propels the label founded by Yves Saint Laurent toward its long-term revenue target of 3 billion euros.

Having posted sales of 1.5 billion euros in 2017, the house — the second largest brand in the Kering stable after Gucci has kept up a steady clip, though its pace is normalizing after several years of exceptional growth. Continue reading

LVMH ACQUIRE JEAN PATOU

LVMH has acquired a new perfume brand “Jean Patou”. The giant French conglomerate secretly took management control of Patou last year from Designer Parfums, a UK group based in Watford north of London, which is owned by Mehta business family.

After a couple of months the board of Jean Patou appointed Sidney Toledano to be its new chairman, replacing Nikita Mehta, the 28-year-old daughter of Dilesh Mehta, the CEO and founder of Designer Parfums.

At the time, LVMH board member, Toledano was CEO of Christian Dior. In January, he became the President of LVMH Fashion Group, which controls a series of significant fashion houses including Céline, Fendi, Givenchy, Pucci, Kenzo and Loewe. Continue reading

LVMH DARES UGLY FOR 41 % PROFIT

The parent of brands including Louis Vuitton, Dior, Guerlain and Bulgari said revenues totaled 10.89 billion euros in the three months to June 30, above the market consensus of 10.86 billion euros.

Net profit in the first half jumped 41 percent to 3 billion euros, while recurring operating profit rose 28 percent to 4.65 billion euros. Group sales in the first six months of the year were up 10 percent in reported terms and 12 percent on an organic basis, with all geographic areas posting double-digit growth.

“The excellent results of the first half of the year attest to the strong desirability of our brands and the effectiveness of our strategy. The performance of the first half is even more remarkable given the unfavorable currency environment,” Bernard Arnault, chairman and chief executive officer of LVMH, said in a statement. Continue reading