Calvin Klein

Luxury leaves 2010 on a high note. Most analysts see good things for 2011 – the folks at HSBC, noting the positive performance of watches and jewellery last month, even say: “It is hard to find industries with better fundamental prospects than luxury for 2011.”

Indeed, post-end-of-year auction on December 14, Christie’s reports they had “a record-breaking year for fine and rare watches” with an estimated “$91.2m in total sales – the highest annual total ever achieved for watches.” Meanwhile, Tom Murry, ceo of Calvin Klein, told me they were having a very good Christmas season, and plan to open double-digit stores next year, and Tamara Mellon, chief creative officer of Jimmy Choo, has world domination in mind, and plans to expand into ready-to-wear, watches, and jewellery, after launching mens’ shoes. 

Fashion designers get inspiration from all sorts of places: leaves (Valentino Garavani once told me the green in a dress he made came from some leaf he had picked up in Hyde Park and carried back to his atelier), true life stories (this season John Galliano made an entire collection about a 1920s con artist), and, occasionally, other designers.

Consider these two pictures: