Here’s a tip: go poke through the applications for ICANN’s new top-level domain name program – you know, the one that will allow companies to have their own .whatever denomination, instead of just .com or .org or .fr. It makes for fascinating reading. You’d think this would get luxury and fashion all a-lather, given their obsession with brand control and intellectual property protection and all that, but it seems not.
Prada CEO: “We don’t want to be a brand that nobody wants to copy.” This is a quote from an interview Patrizio Bertelli, aka Mr Prada, gave yesterday to Bloomberg TV, and it is probably going to set off something of a hoo-ha in fashion, which has of late become very publicly litiginous when it comes to copying. Read more
What high-end brands do those unpredictable but desirable, virtually-enabled, live-life-on-Facebook twentysomethings like? This is a question that obsesses luxury — after all, some chunk of said twentysomethings will become the luxury purchasers of the future, and knowing what they respond to is one of the great mysteries of today and potential cash cows of tomorrow. The other day I had an experience that gave me some clues as to the possible answers. And it’s not what you (OK, I) might expect.
Today at their AGM PPR came out and did two things that I don’t think any other luxury brand has done so far: publicly put its money where its mouth is, officially committing to a group of specific environmental goals for the Group to reach by 2016 and announcing them for all to see (and measure, and wave critically in the air in the company fails to fulfill them), and financially committing to a carbon off-shoot company by buying a 5% stake in Wildlife Works Carbon and getting a seat on the management committee. It all sounds great, but what does it really mean?
Anyone else noticed that these days you can’t blink an eye without someone — a designer, blogger, brand — announcing they have just “curated” some on-line content? But isn’t this simply a new word for “editor”? And aren’t both terms being devalued — to the detriment of the consumer?
Most fashion houses are understandably cagey about who they are dressing for the Oscars, the most lucrative red carpet marketing event of the year, which takes place this Sunday in Los Angeles. However, as I’ve been making the rounds of the Milan shows, some bits and bobs of information have come leaking out. The fear, of course, in spilling the beans is that in the end you are proved wrong (see post on Adele at the Grammys). The dressing game isn’t over until the celebrity actually exits the limo, but a few designers were willing to go on the record. Read more
Forget live-streaming fashion shows or three-dimensional etail; yesterday I went to the “ribbon-cutting” ceremony of the Valentino Garavani virtual museum. Though this is a private venture by Valentino-the-man, not linked to Valentino-the-brand (now owned by Permira) my guess is it will have knock-on-positive results for not only the individual but the house he created, and perhaps the industry in general. In the short term, however, from being generally perceived as relatively un-web-savvy compared with such titans as Burberry and Gucci, Valentino has just vaulted to first place in fashion’s technology race. Read more
The flagship superstore is getting yet another special feature: after cafes and restaurants (Armani, Gucci), concert halls (Chanel), bookstores (Marc Jacobs, Armani), and art galleries (LV), comes actual film theatres. Louis Vuitton has announced their new maison in Rome will “house a small cinema show casing art films from contemporary artists.” This is an arresting new development. Read more
Tomorrow Gucci will become the first big kahuna to show on day one of Milan Fashion Week – OMG! OMG! — but they’ve already jumped the buzz-generating gun by sending out a curtain-raiser of an announcement: they’ve found a way to make the sci-fi technology of Steven Spielberg’s 2002 film “Minority Report” real, and they are putting it in stores.