Fashionista

Tuesday July 20th, 2010

Wowsers! Hermès Sales Jump 23% in the First Half of 2010
The Business

Wowsers! Hermès Sales Jump 23% in the First Half of 2010

The “Apple of the luxury goods industry” can really do no wrong.

Despite the fact that people still aren’t spending the way they were back in 2006–and might not ever–Hermès has seen sales jump 23% over the first half of 2010, thanks to a surge in the Asian market.

And the company believes that the second half of the year will exceed analyst expectations.

The reason behind Hermès’ steady success? Well, good products that never really date help. But so does a high operating margin.

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Published at 11:00 AM

Wednesday July 14th, 2010

Thursday June 17th, 2010

Finding Your Ideal Creative Director Is Tough, So We Offer Some Suggestions

Finding Your Ideal Creative Director Is Tough, So We Offer Some Suggestions

Finding a new creative director for a brand is a painstaking process. Not only do you want someone whose aesthetic lines up with the brand’s image, but there’s contracts, availability, and a ton of paperwork before a collection sets foot on the runway.

In this process, sometimes bad decisions are made. Like Alessandra Falchinetti at Gucci or Marco Zanini at Halston, short lived, unprofitable directorships are plenty in the fashion industry. Not every decision puts a Giles at Ungaro, nor is every rumor about a Pugh at Mugler.

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Published at 10:00 AM

Wednesday May 26th, 2010

Gaultier Out at Hermes, Lemaire In
The Business

Gaultier Out at Hermes, Lemaire In

After seven years under the helm of fashion’s enfant-terrible, Jean Paul Gaultier, Hermes has hired Christophe Lemaire as its new creative director. Lemaire previously worked as Lacoste’s creative director for eight years.

With Gaultier out and Lemaire in, it’s undeniable that Hermes is finally taking a more commercial approach to its ready-to-wear collection. Under the command of Gaultier, and earlier Martin Margiela, Hermes prêt-à-porter gained an avant-garde reputation which, while popular in editorials, was not popular in stores.

We’re expecting Lemaire’s first collection, due in March 2011, to be sportswear heavy, helping to transform Hermes’ ready-to-wear collection into a viable business.

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Published at 4:31 PM

Monday May 10th, 2010

Ten Luxury Brands Worth Investing In
The Business

Ten Luxury Brands Worth Investing In

Pascal-Emmanuel Gobry is a startup advisor and writer based in Paris. He really, really likes luxury and fashion. And sorry ladies, he’s married. You can follow him on Twitter though, at @pegobry. From an economic perspective, luxury is a sector as fraught with peril as it is with reward. The rewards are immense: The best Read more →

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Published at 2:59 PM

Thursday May 6th, 2010

Tuesday May 4th, 2010

Monday May 3rd, 2010

Wednesday April 28th, 2010

Sunday April 18th, 2010

Terence Koh Defaced Lady Gaga’s Birkin

Terence Koh Defaced Lady Gaga’s Birkin

These pictures, “courtesy of Terence Koh,” show the artist going to town on Lady Gaga’s white Birkin last week. Whether the initial scribbles came from Gaga or Koh we’re not sure, but he managed to cover the rest of the bag with Japanese characters. It should be noted, however, that his own remained pristine. Another Read more →

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Published at 11:49 AM

Monday April 12th, 2010