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8 September, 2012 | by BoF Team

Week in Review | Natalie Massenet named Chairman of BFC, Going Global, Back in the Tourist Business

Week in Review September 3-7

BoF Exclusive | Natalie Massenet to be named Chairman of BFC (BoF Exclusive)
“The Business of Fashion has learned that Natalie Massenet, founder of pioneering fashion e-commerce website Net-a-Porter, is soon to be named the new chairman of the British Fashion Council (BFC), replacingHarold Tillman, who has been chairman of the organisation since 2008.”

Finding Your M.O. | Part 7: Going Global (Education)
“Today’s fashion industry is truly international, with designers, manufacturers, retailers and end consumers scattered across the globe. And as an Icelander living abroad, it is doubly important to me that M’O is an international company. We hire employees from different countries. We showcase emerging designers from markets like Australia, Brazil, Israel and Scandinavia. We ship product to customers worldwide. And our website, customer care managers and personal stylists operate in multiple languages.”

Market Pulse | Back in the Tourist Business (Market Pulse)
The Savigny Luxury Index (“SLI”) gained 5.5 percent in August, outperforming the benchmark MSCI World Index (“MSCI”) by over four percentage points. Strong results by sector leaders confirmed continued growth in Asia and increased tourist spending in Europe, thanks in part to a weaker euro.

TAGGED : British Fashion Council, Christian Louboutin, Ermenegildo Zegna, Natalie Massenet, Simone Cipriani, Stefano Pilati

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BoF Daily Digest | King of casual, Eastern European labels, Holt’s fashion man, Carine on CR, Designer beats

Mickey Drexler | Source: Social Barrel

Mickey Drexler: King of Casual Chic (WSJ)
“With a sobriquet like “Merchant Prince,” you might expect J.Crew Chief Executive and Chairman Millard (Mickey) Drexler to have a biography that extends to at least four pages. Instead, it is precisely four short paragraphs.”

East European fashion labels aim for the world stage (Reuters)
“Around emerging Europe, where garment assembly for Western brands has been a thriving business for years, there is a new confidence that local designs also have a chance on the world stage.”

Holt Renfrew targets the fashion-minded man (The Globe and Mail)
“Holt’s is putting a new push on men’s wear just as its key competitors – including Harry Rosen, this country’s top upscale men’s clothier – are moving in a similar direction.”

Carine Roitfeld on CR Fashion Book (The Cut)
“Roitfeld’s obsessive tendencies provide the framework for her new magazine, CR Fashion Book, which hits newsstands on September 13. Each biannual issue will revolve around a particular theme that an ever-changing cast of contributors will interpret in their own ways; fittingly, the debut issue’s focus is ‘rebirth.’”

They Provide the Music to Sashay By (NY Times)
“What would a fashion show be without music? Nowhere nearly as exciting. Certainly less impressive. Probably a little awkward.”

TAGGED : Carine Roitfeld, CR, Holt Renfrew, Mickey Drexler

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BoF Daily Digest | Louboutin and YSL decision, MADE in Paris, Lululemon lawsuit, New fashion order, Duckie Brown

Christian Louboutin | Source: Mad about Paris

Louboutin wins red soles trademark battle (FT)
“French shoe designer Christian Louboutin has won the right to trademark protection of his distinctive red soles in a US federal appeals court in the latest chapter of a bitter legal battle with rival luxury house Yves Saint Laurent.”

MADE, a New York Fashion Booster, Makes Paris Inroads (WSJ)
“MADE Media Group helped launch several hot young U.S. fashion labels by providing a chic alternative to IMG Worldwide’s famous New York Fashion Week tents. Now, MADE is taking its gig to Paris.”

Why the entire fashion industry is watching Lululemon’s lawsuit against Calvin Klein (Financial Post)
“Lululemon announced last month it’s suing Calvin Klein for allegedly copying its ‘Astro’ yoga pants. The yoga retail alleged that Calvin Klein violated patents of the unusual waistband and design of the pants.”

Fashion’s New Order (NY Times)
“For much of the 20th century, the seating chart of a runway show gave a fairly accurate reading of power in the fashion industry. The press on one side, retailers on the other; editors and buyers prioritized neatly from front row to last. But so much has changed in the new millennium…”

Wacky Meets Khaki (NY Times)
“An embrace of the wacky is what makes Duckie Brown stand out refreshingly during the New York men’s shows. In a sea of heritage, preppy, Euro-tinged proletariat goth lite and more heritage, they have a sense of humor.”

TAGGED : Calvin Klein, Christian Louboutin, Duckie Brown, Lululemon, Made, Yves Saint-Laurent

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Finding Your M.O. | Part 7: Going Global

World Map | Source: grindimwind.ch

Finding Your M.O. is an on-going series on The Business of Fashion penned by Áslaug Magnúsdóttir, co-founder and CEO of Moda Operandi, on her experience at the helm of a fashion-technology start-up. Last time, in Part 6, we asked the question: how wise is conventional wisdom? Today, we look at the complexities of serving international markets.

NEW YORK, United States — Today’s fashion industry is truly international, with designers, manufacturers, retailers and end consumers scattered across the globe. And as an Icelander living abroad, it is doubly important to me that M’O is an international company. We hire employees from different countries. We showcase emerging designers from markets like Australia, Brazil, Israel and Scandinavia. We ship product to customers worldwide. And our website, customer care managers and personal stylists operate in multiple languages.

But being a global business comes with a number of challenges. Indeed, when it comes to things like multilingual support, customs and duties, and managing different currencies, deciding what to do, where and when, is tricky and M’O has learnt its share of painful lessons along the way. Here are some of the key challenges around going global and how we tackled them.

TAGGED : Aslaug Magnusdottir, Moda Operandi

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5 September, 2012 | by BoF Team

BoF Daily Digest | Zegna hires Pilati, Richemont Asia sales slow, Dispute escalates, Online trade-offs, Cost of craft

Stefano Pilati by Evan Sung | Source: NY Times

Zegna Hires Designer From Saint Laurent to Bolster Brand (NY Times)
“The Italian men’s wear company Ermenegildo Zegna moved on Tuesday to strengthen its core brand and breathe new life into its little-known women’s fashion line by hiring a designer best known for his work at Yves Saint Laurent.”

Richemont’s Asia bonanza slows, tourists boost Europe (Reuters)
“Richemont, the world’s second-largest luxury goods group, said sales growth in Asia had slowed markedly and Europe was now its fastest-growing region, helped by tourist spending and meaning it was keeping its first-half outlook unchanged.”

Hermès and LVMH dispute escalates (FT)
“The long-running dispute between two of France’s best-known luxury houses picked up steam on Tuesday after Hermès filed a legal suit relating to LVMH’s purchase of its shares in 2010 and LVMH counter-sued for defamation.”

The Trade-offs of Trading Online (The Genteel)
“But times are changing: luxury boutiques are cropping up in malls in cities big and small; high-end labels are offering low-end creations at retailers like Zara, H&M and Topshop; and, little by little, premium boutiques are morphing into sales-churning online shops.”

What’s a $4,000 Suit Worth? (NY Times)
“Tailors pose an odd riddle for our current economy. Why can’t a wealthy city — particularly at a time when the rich are doing so well — support a niche business that people are willing to pay for?”

TAGGED : Ermenegildo Zegna, Hermes, LVMH, Richemont, Stefano Pilati, Yves Saint-Laurent

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Week in Review | Natalie Massenet named Chairman of BFC, Going Global, Back in the Tourist Business

BoF Daily Digest | King of casual, Eastern European labels, Holt’s fashion man, Carine on CR, Designer beats

BoF Daily Digest | Louboutin and YSL decision, MADE in Paris, Lululemon lawsuit, New fashion order, Duckie Brown

Finding Your M.O. | Part 7: Going Global

BoF Daily Digest | Zegna hires Pilati, Richemont Asia sales slow, Dispute escalates, Online trade-offs, Cost of craft

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