headlines: arnault bans galliano from lvmh | vuitton's growth strategy | more woes from greece...
Edited by: Jorge Martinez-GarzaBernard Arnault Says John Galliano Will Never Return to LVMH
“Despite earlier reports suggesting John Galliano would eventually be invited back to the helm of his namesake label, LVMHCEO Bernard Arnault told the New York Times‘ Cathy Horyn that the disgraced designer is not welcome at LVMH.” (Fashionista)
At Vuitton, Growth in Small Batches
“MARSAZ, France—Nestled in the hills of central France, Louis Vuitton's new factory—inaugurated Friday—expands the luxury label's production capacity by 70 people, a drop in the bucket for the brand, which has annual sales of €5 billion ($7.09 billion) and employs about 3,500 leather-goods workers in France alone. The site is part of a strategy to eke out small quantities of growth throughout its operations, starting with the factory floor.” (WSJ)
Greek Crisis Threatens More Consumer Woes
“Just what retailers and brands need: more uncertainty. Global stock markets are bracing themselves for the next act in the ongoing Greek financial drama. [...] Luxury products continue to perform the best, while the mass market and some fast-fashion players are struggling since their consumers are the ones most impacted by higher gasoline prices and unemployment.” (WWD)
“[...] In the 21st century are so much more open to the idea that hard and soft can coexist in one man’s spirit and in his wardrobe. The dichotomy was perfectly expressed at the Lanvin show on Sunday. It started with martial music and tough military looks but ultimately dissolved into layers of softness.” (NY Times)
TOP Cobblers to Star in Fashion Documentary
“The fashion world has more drama than an episode of The Only Way is Essex at the moment between the John Galliano trial, [...] So there should be no shortage of action in forthcoming fashion documentary God Save My Shoes which follows a handful of the world's top cobblers including Manolo Blahnik, Pierre Hardy and Mr Louboutin himself.” (The Telegraph)
Ready To Wear: Perfume – it's liquid rock'n'roll, you know
“While most women wear perfume, few are conscious of the work that goes into its creation. [...] The first in a new documentary series on the subject – it's called Perfume, which is straight to the point – sheds light on a relatively unexplored world.” (The Independent)
