CAVALLI A NEW CREATIVE DIRECTOR

On Wednesday the British designer Paul Surridge was appointed as the new creative director of Cavalli. Sir Paul, who has previously worked at Clavin Klein, Burberry and Jil Sander, will head all of the group’s lines and he will showcase his first season in Milan in September 2017, with the spring-summer 2018 collection, Cavalli said.

Chief Executive Gian Giacomo Ferraris, who launched a deep restructuring of the group seven months ago including cutting staff by nearly a third and shutting down stores, said the appointment of Surridge is part of “ambitious development plans” for the brand.

An alumni of London’s famed fashion institute Central Saint Martins, Surridge most recently headed one of the lines of Italian luxury tailor Zegna and was creative consultant of Swedish fashion house Acne Studios. Continue reading

ARNAULT ENDORSES MACRONECONOMIC

Last Friday, Bernard Arnault became the first major fashion industry executive after Pierre Berger, to support French presidential candidate Emmanuel Macron.

Arnault, chairman and chief executive officer of LVMH Moët Hennessy Louis Vuitton provides weight support to the center-left politician and former economy minister in an opened column published in French newspaper Les Echos.

Recently the magnate feared another major economic crisis, stating record-low interest rates; high stock prices; geopolitical uncertainty, with potential conflicts in the areas of trade, customs and currencies, and continued low growth in Europe. Continue reading

MONIQUE L’HUILLIER IN PARIS

Monique Lhuillier will join American labels Rodarte and Proenza Schouler in showing its spring ready-to-wear collection during the Paris haute couture shows. While the U.S. brands are not officially on the haute couture schedule, both Rodarte and Proenza Schouler have been invited by the Chambre Syndicale de la Haute Couture to show as guest designers at the upcoming edition this July.

Monique Lhuillier is the latest in a string of American designers who will be leaving New York Fashion Week to show their collections in Paris. The designer, who is headquartered in Los Angeles, is best known for her evening, bridal and red carpet gowns.

Monique Lhuillier designs capture the essence of sophisticated luxury by provoking femininity, allure and glamour that have made her renowned in the world of design. Monique’s innate sense of style is prevalent throughout her ready-to-wear, accessories and bridal collections. Continue reading

CHANEL KNOCKOFF

Chanel, a fierce protector of its intellectual property, is taking action against 30 Amazon sellers, all of which allegedly had been actively selling a range of counterfeit Chanel products, such as handbags, T-shirts and cell phone covers emblazoned with the brand name.

Chanel is facing some pushback in its $60 million suit against a set of Amazon sellers that have been suspended from the online marketplace for allegedly offering counterfeit merchandise.

Two of the sellers identified as “Angela Pasecha” and “Juanjuan Liu” asked Chanel to drop the claims against them.

Brands such as Gucci and Moose Knuckles, which makes luxury parkas, have recently received default judgments in similar actions due to the total non-response of defendants. Continue reading

BALLOON INFLATES THE MARKET

After 20 consecutive months of declining exports, sales of Swiss timepieces saw a 7.5 percent uptick in March, reaching 1.6 billion Swiss francs, or $1.6 billion at average exchange.

Analysts estimated that adjusted for calendar effects, sales still dropped, by around 2 percent. Yet after nearly two years of declines impacted by the crackdown on luxury gifting in China and a slowdown in Hong Kong the biggest international market for Helvetic timepieces as Chinese tourists chose other travel destinations, the uptick was seen as reassuring. The March data is likely to be seen as a turning point in the destocking cycle led by Mainland China and Hong Kong.

While sales of watches made of precious metal continued to decline, falling 0.7 percent, revenues for steel watches grew 12.5 percent and jumped 15.1 percent for bi-metallic timepieces. Continue reading

DIOR NEWS

LVMH Moët Hennessy Louis Vuitton said on Tuesday it has made an offer to buy Christian Dior Couture for 6.5 billion euros, or $7.06 billion at current exchange rates, in a move that will bring the brand into the fold of its fashion and leather goods division.

In tandem, Groupe Arnault, the investment firm controlled by LVMH chairman and chief executive officer Bernard Arnault, will make an offer estimated at 12 billion euros, or $13.04 billion, for the 25.9 percent stake in Christian Dior SA that it does not currently control.

Presently, the Christian Dior Group includes Christian Dior Couture and LVMH. Christian Dior Couture encompasses the brand’s apparel, accessory and jewelry businesses, while the perfume and cosmetics lines are exercised under the umbrella of LVMH.

The move by LVMH and Groupe Arnault will simplify the structure of the luxury behemoth, home to brands including Louis Vuitton, Fendi, Guerlain, Sephora and Moët & Chandon champagne. Continue reading

THE EMPEROR OF LUXURY HONORED

This week, France’s Emperor of Luxury, François Pinault, received France’s high distinction, the “Dignité de Grand Croix” in the “Légion d’Honneur”.

Last November the Italian government honored Pinault for his support for Italian luxury brands and his contribution to modern art, namely through his Palazzo Grassi and Punta della Dogana in Venice.

Pinault founded the luxury conglomerate Kering, whose portfolio includes Gucci, Alexander McQueen and Balenciaga. The company is now managed by his son François-Henri Pinault.

The “Legion d’Honneur”, or Ordre national de la Légion d’honneur, is the highest French order of merit for military and civil merits, established in 1802 by Napoléon Bonaparte. Continue reading

LVMH ANNUAL POLISH

“In my opinion, it is at times like these, when the results are excellent, that you need to be most attentive, most vigilant and most cautious. Indeed, experience shows there is nothing worse in a successful company than self-satisfaction, and this tends to have an effect that is both numbing and demotivating, ” Arnault told on Thursday at a meeting at the Carrousel du Louvre, not so  fare from the Vuitton exposition by Koons.

At the group’s full-year results press conference at the beginning of the year, Arnault startled analysts by warning that the luxury sector could be headed for its biggest correction since the 2008 collapse of Lehman Brothers.

Arnault sidestepped a question about his relationship with U.S. President Donald Trump and Russian President Vladimir Putin, both of whom he has met in recent months, but said demand was picking up in both countries. Continue reading

OH MY GOGH

Louis Vuitton unveils a new collection of bags and accessories designed with the artist In recent years, Louis Vuitton has affirmed its engagement with the world of art through a series of high-profile collaborations with the most influential artists of our times.

In the French House’s latest collaboration, Louis Vuitton is working with the New York-based artist Jeff Koons to create a new range of bags and accessories to be launched on 28th April.

One of the most widely recognised figures in contemporary art, Koons has brought imagery from his long-standing ‘Gazing Ball’ paintings a series of large-scale hand-painted reproductions of works by the Old Masters to a range of Louis Vuitton products. His re-creations of masterpieces by da Vinci, Titian, Rubens, Fragonard and Van Gogh have been transposed on to such iconic Louis Vuitton bags as the Speedy, the Keepall and the Neverfull. Continue reading

RIHANNA RE-INVENTS CHOPARD

The inspiring new collection of Chopard is built on the singer’s island roots Rihanna, mixing nods to the lush gardens of Barbados with the electricity of Carnaval.

“Rihanna and I collaborated closely on the collections, so you can feel her unstoppable energy, strong creativity and inherent sense of design in every piece”. “With her unique style, she redefines the way people see and wear jewelry.”

A nine-piece fine jewelry capsule also codesigned by the singer, and limited to 2,000 per design, will enter Chopard boutiques internationally in June. Offering a more minimalist, graphic direction, the line will be available for pre-order in Chopard boutiques and on the brand’s web site. Continue reading

MASSIMO LEAVES PUCCI

Massimo Giorgetti leaves his role as creative director of Emilio Pucci. The designer says he is leaving the LVMH-owned fashion house to focus on the growth of his own contemporary label, MSGM.

Giorgetti, hailed as one of the most promising young designers, was appointed creative director of Emilio Pucci in March 2015, succeeding Peter Dundas.

“This experience with Emilio Pucci, one of the most representative and historic brands in fashion was an inspiring journey, which has also contributed to my professional growth. Today my brand needs more and more of my attention and all my energy. I would like to thank Laudomia Pucci, the LVMH group, Mauro Grimaldi and all of the Emilio Pucci team, for supporting me in the beautiful adventure,” says Giorgetti. Continue reading

ITALIAN CRUISE SHOW FOR GUCCI

The mayor of Florence, Dario Nardella is delighted that Gucci will held its next brand’s cruise show at the Palatina Gallery at Pitti Palace, which overlooks the garden recently restored, Boboli Gardens and said: “We are amazed at his ability to surprise, he’s broken out of predefined schemes, imposing his own and then breaking them himself. And this while also bringing economic success to Gucci.”

Gucci’s creative director has effectively decided to stage the brand’s cruise show in Florence on May 29 and the event is expected to raise the city’s glamour quotient and bring it additional international attention. Continue reading