Betting on luxury brands isn't as risky as you might think. Solving the Cashmere Crisis. LONDON, United Kingdom — A fashion business exercises careful control: over its image; its business growth; where possible, over how consumers respond to its brand.
But even the world’s most prestigious luxury houses cannot control the climate. According to a report released this month by Kering and non-profit consultancy Business for Social Responsibility (BSR), climate change is already having noticeable effects on global cashmere supplies — and this impact is likely to get worse. Currently, cashmere products make up €4 billion of the €60 billion global luxury apparel market, according to data provided by Bain & Company. Francois-Henri Pinault: The Business of Luxury. François-Henri Pinault, the chairman and chief executive of the $21 billion luxury group Kering, thinks the word luxury is overused.
“You’re always more luxurious than someone else, and you’re always less luxurious than someone else,” says Mr. Pinault, whose company owns 22 fashion and sports brands, including Gucci, Saint Laurent, Balenciaga and Puma. Whatever you may call it, the global market for high-end goods has slowed recently. Yet Kering is growing. Revenues in 2014 were $10.7 billion, up 4.9% from the previous year. Mr. Born in Rennes, France, Mr. Black Friday: Luxury brands care too much about exclusivity to join in. Tomorrow is Black Friday – which means more in the US, being a kind of Boxing Day to America's Thanksgiving holiday.
And, like Boxing Day, Black Friday means sales season begins. Krasimira — Fashion Scout. Krasimira continues to push the boundaries of the art and fashion by continuously being innovative and through the reinvention of unique materials.
Understanding that inspiration is not only distinctive to the individual but can be drawn from anywhere without explanation; Krasimira use of synthetic hair, bold prints and contemporary style is a testament to this. By drawing on inspiration from the world around, striving on the creativity and dynamicity of movement Krasimira’s clothing become one of a kind garments and have endless opportunity for reinvention, This has become a true testament to luxury fashion; throughtexture and colour Krasimira Stoyneva continues to rewrite the limitations and possibilities of clothing.
8 Girl Bosses Killing it in the Fashion Industry - Bloglovin' - the blog. Geek-chic vs Sex-bomb: the differences between Gucci’s Alessandro Michele & Tom Ford. Although Alessandro Michele has just been at the creative helm of Gucci for 10 brief months, his vision has had a tremendous effect on Gucci.
However, given his background at the Italian fashion house, this should come as little surprise as he has been working behind the scenes with the luxury label since 2002. Moreover, he was hired by none other than Tom Ford, who was the creative director at the time, as an assistant, which should also have been an indication of his creative potential. But which of the two has had a greater influence on the brand? Has Michele's influence translated into a direct sales boost for Gucci?
And can he bring the brand back to its former glory days of the 1990s? How to build a capsule wardrobe. Ready to try a capsule wardrobe? Here’s my approach: Rule #1: Pare down your current clothes situation into a happy little 37 piece capsule wardrobe. Your 37 pieces should include: tops, bottoms, dresses, outerwear, and shoes. Your 37 pieces should not include: workout clothes, jewelry, accessories, purses, swimsuits, pajamas/loungewear, underwear, and the jeans you wear when you paint your living room.
Capsule wardrobe. Collection of clothing items that do not go out of fashion A capsule travel wardrobe Capsule wardrobe is a term coined by Susie Faux, the owner of a London boutique called "Wardrobe" in the 1970s.
The Capsule Wardrobe: How to Reduce Your Closet to 37 Pieces. Is it us or does it suddenly seem like less is so much more?
While the minimalist lifestyle has been gaining traction for a while now, lately it seems the trend has narrowed in on an area dear to our hearts: the closet. Whether it’s Marie Kondo’s often wardrobe-focused tidying technique or Matilda Kahl choosing to wear one outfit to work for three years, many are looking to trim the fat in their closets. After all, who doesn’t have a large selection of unworn, often low-quality items? We know we’re guilty. The rules. Welcome to Project 333.
This page will tell you everything you need to know to get started. After living with only 33 items every 3 months for more than 3 years, I can say that with confidence. Want more evidence that living with less is easier than you think? 8 Reasons Successful People Are Choosing to Wear the Same Thing Every Day. Netnography. 3 Luxury Business Trends to Watch. On Thursday, Bain & Company released its annual report on the luxury landscape, a state of the union address for those who like numbers and leather goods in equal measure.
Last year, the big points were the dominance of tourist spending, the rise of shoes as a more powerful accessories business than handbags, and the dual successes of mono-brand stores offline and multi-brand stores offline. Some of the same trends have carried through into 2015, like footwear winning out over leather goods, while others are just coming to the surface.
Here's what you need to know now.
Social Anxiety: Why Artist Amalia Ulman's Fake "Middlebrow" Instagram Is No Different From Yours.