Luxottica

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