Daily Archives: October 25, 2010

Today I had a very nice conference call with Andrew Rosen, President of Link Theory Holding, the New York-based Group that is quietly positioning itself at the contemporary market’s answer to LVMH, and Olivier Theyskens, erstwhile long-haired high-fashion darling, because the duo was announcing a new partnership. Mr Theyskens is going to become Artistic Director of the brand Theory. This is a foray into unknown territory for both, as Theory has never had a “face” or presiding designer before, and Theyskens – well, let’s just say in the past he has occupied a very luxurious niche.

 

Apparently owners of fashion and luxury stocks are as susceptible to trends as owners of fashion and luxury products. Post-LVMH’s purchase of a stake in Hermes, Women’s Wear Daily notes stocks in LVMH and Hermes were up 5% and 8% respectively on the Paris Bourse; PPR was up 1.5%.