Daily Archives: March 23, 2012

From FT.com March 23, 2012

Fashion and satire have never been easy partners. The problem is that although fashion seems like a world ripe for mockery, its very absurdity – the extremity of appearance and, values and language that makes outsiders think it should be a perfect subject of satire – actually makes it impossible. Read more

Posted in Fashion, Hollywood |

Has LVMH been good for Hermès?

March 23, 2012 2:45 pm by Vanessa Friedman

Looking at the yesterday’s impressive Hermès results, it’s hard not to wonder if the much-bemoaned 22% stake that luxury conglomerate LVMH built up in the group has actually been good for it – as opposed to the end-of-the-world/ barbarians-at-the-gate scenario the Hermès folks were painting. Why has to do with pretty basic psychology.
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Posted in Financial results, Luxury goods |