After two weeks in the mountains of Wyoming, come home and what do I find? Not only is Mulberry without a CEO (and still without a designer), but all that conventional wisdom about the super-duper high-speed growth of the Chinese luxury market (shock! Trauma!) slowing down may have been wrong. Or not wrong, exactly, but slightly misguided. Read more
But what there has been surprisingly little Wall Street speculation or media salivation over are the longer-term ramifications of a possible IPO. And, more pertinently for the readers of Material World, what inroads Alibaba may be planning into Western fashion and luxury territory following a float, in order to open up access to these brands to the hundreds of millions of hungry shoppers back home in China.
Given the obsessive attention routinely paid to what Michelle Obama or Samantha Cameron wears, it struck me that when Michelle Bachelet was sworn in as president of Chile this month, no one mentioned what she wore: a long navy jacket and matching skirt with a red, white and blue presidential sash.
Even more notably, in a photo taken that day, Bachelet was sandwiched between Brazil’s president Dilma Rousseff, who was wearing a black straight skirt and a black and white plaid collarless jacket with black lace appliqué, and Argentina’s president Cristina Fernández de Kirchner, in a white lace dress under a white car coat with white open-toe platform pumps. And no one said anything about them either.
Amid wave after wave of unsavory speculation regarding the state of both her private life and business, the employees of L’Wren Scott have maintained a dignified silence in the wake of her tragic suicide on Monday at the age of 49.
However a spokesperson for the team at Scott’s eponymous fashion brand just released the following statement, with the additional request that it was published in full: Read more
The YUMMY is riding to the rescue of the luxury industry which is reeling from a slowdown in its traditional markets, economic gloom in Europe and negative foreign exchange swings for mostly European businesses, according to HSBC. Read more
It’s almost a cliché now that you wait years for a fashion film and then two come along at once. It happened with two Chanel films in 2009, and now this year two YSL biopics are going head to head.
First up is Yves Saint Laurent which opens in the UK on Friday. Starring Pierre Niney as Saint Laurent, it’s the one that has the co-operation of the designer’s long-term boyfriend and civil partner Pierre Bergé, and director Jalil Lespert was therefore able to work with the Pierre Bergé-Saint Laurent Foundation. And the other? Saint Laurent, set for release in October and directed by Bertrand Bonello, has been backed by François Henri-Pinault, head of Kering, which has OK’d use of the fashion house’s logo and designs. Bergé has slammed the project on Twitter and said he wants to ban it. Read more
The eyes of the fashion and luxury worlds will be particularly drawn to the news, given the focus of Google’s attentions has landed squarely on what they term “the most familiar of all wearables” – the wrist watch.
The ‘smart watches’ that use Android Wear will be able to offer a range of snazzy apps and functions, including:
Information from social media, messaging, shopping and news providers
Straight answers to spoken questions (let’s face it, not light years away from Apple’s Siri)
The ability to monitor health and fitness with summaries and alerts
Multiscreen portal potential
All very savvy – and to some extent predictable – given the recent stress placed by industry observers on devices having genuine function and utility over form if there is ever to be true mass adoption by consumers.
But when it comes to mega-trends, aesthetics – and perhaps recognizable hallmarks when traversing into the great unknown that is digital jewellery – remain vital too. Read more
L’Wren Scott, the celebrated American fashion designer, has been found dead in New York after committing suicide, police sources confirmed on Monday.
The 49-year old launched her haute namesake brand – renowned for its understated, womanly elegance – in 2006, after earlier forays into the industry first as a teenage model then later as a highly sought after Hollywood stylist. Her glamorous, alpha woman designs had most recently found a home on the London Fashion Week calendar, orbited by her make-up, fragrance and accessories partnerships with some of the biggest names in fashion. Read more
Comment by Garamont It's interesting to see
these two together, which makes me regret even more the blandness of the
name: My Burberry? I understand the "personalisation" idea, but they
could have come up with somethi …
Comment by Garamont Usually, the sales are better with a single big face on the cover, because the empathy is better (but you have to carefully choose the face). To put several faces on a cover spares you from making a c …
Comment by Rosie from S'pore As long as it raises awareness and much needed funds, it cannot be a bad thing. The fact it has gone viral and raised so much in so little time is largely due to the haze of self-publicity (anything b …
Comment by Duchamp a cynical view: ammass a collection of works of art, get them valued at full price as if you really could sell them en mass at the peak and then donate them to a museum, for a tax break. does not this …
Comment by Placebo There are different ways to achieve immortality: cryogenics, cloning, art donations... The latter is the only one to provide you with a sizable tax break, so it is a good choice. And the general publi …