Luxottica

All this talk about Silicon Valley and the monitoring of personal data for NSA reasons has got me thinking about another rarely acknowledged supplier of national defense materials located in California: Oakley.

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So the other day I was chatting with Safilo CEO Roberto Vedovotto, trying to get to the root of the explosion in optics – they’re fast catching up to handbags as the super-accessory of choice – when he threw out an interesting theory: it’s the baby boomers, stupid. Read more

I had a very interesting conversation with a Calvin Kleiner this morning as we were waiting for the company’s pre-collection show to start. He had just come back from their latest store opening — at a mall in Toronto.

“Toronto?” quoth I, dubiously. “Is that a big market for Calvin Klein?” Read more

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%.  Read more