Showing posts with label LVMH. Show all posts
Showing posts with label LVMH. Show all posts

Friday, October 21, 2011

THE WEEK IN FASHION: OCTOBER 17th-21st

Posted by Fashion Junior at Large

Welcome to another week of  news from the fashion world, brought to you by FEAL. Happy Weekend!

I'm going to start this week's news on a sort of business-y note as I've been a bit perplexed by a lot of the big money news which seems to have emerged over the past few days, despite the doom and gloom of the financial pages. I'm no economic whizz kid but I do find it baffling that while Europe is apparently in deep crisis, spending at the Frieze art fair was brisk and Marc Quinn's statue of Kate Moss in a rather tangled yoga pose was snapped up for a mere £577,250 at a Sotheby's sale; the lucky owner is apparently a private individual from Europe, lucky them!

Marc Quinn's 'Microcosmos' (Image from Vogue.co.uk)
A couple of big fashion houses have posted massive profits this week as well, and not just due to expansion in the East.  This week LVMH and Dior both reported rises of around 15%. Of course, Asia is where the greatest opportunity lies for luxury brands; LVMH saw a 27% increase in the last four months. That said, Europe and the US are not THAT far behind with profits rising by 7% and 18% respectively in those areas. One of the many brands under the LVMH umbrella is Celine, where Phoebe Philo is still being lauded for her game changing collections;  results were said to have been 'remarkable' there, perhaps showing that it is not just a catwalk phenomenon which Philo has masterminded. It's worth highlighting as well that Dior's lack of solid design direction doesn't seem to have done them much harm at all- clearly perfume and leather goods can ride even the most potent of media storms.
Everyone still wants a bit of Celine, according to LVMH results (Image from FashionGoneRogue.com)
The importance of the Asian market is underlined by the expansion which many brands are currently undertaking. The latest is Vivienne Westwood who opened her first Chinese store in Shanghai earlier this week. Dame Viv is in China to take part in lots of activities promoting the opening including being guest of honour at the opening of Shanghai Fashion Week. Never one to be seen and not heard, she's also promoting her concerns about the environment and sustainability by addressing the 'Can China survive the world green economy?' conference.
Dame Vivienne Westwood at the opening of her new Shanghai shop
Enough of the business chat and on to some excellent images by Steven Meisel for W magazine's annual art issue. He has employed the talents of various stars including Linda Evangelista, Karen Elson, Coco Rocha and Joan Rivers to create fake ads for imagined products dreamed up with a little help from the W team. Among them the predicatable next project of Petra Ecclestone and a retro spin on shampoo promotion. I've included some of the images below and somewhere in there is Anna Dello Russo, can you spot her? Hint: You have NEVER seen her quite like this before.





All images from nymag.com
When I read this next story, it made my skin crawl with its subtly anti-woman undertones. Christian Louboutin has been explaining why he thinks women love shoes so much. He says 'That's why women are happy to wear painful shoes. For some a little discomfort is balanced by something else, which has to do with desire. You feel yourself, empower yourself, know yourself. You are aware of your body. This little act of discomfort pays off in lots of other ways... There is an element of seduction in shoes that doesn't exist for men...The language starts with the shoe and radiates over the whole body. A woman can be sexy, charming, witty or shy with her shoes. Shoes for men are about elegance or wealth; they are not playing with the inner character''
Image from ftape.com
I'll let you make your own mind up about whether there's any element of truth in that account of why we wear heels, and we can't argue against the fact that Louboutin has had an epic effect on what we wear on our feet. In the interests of balance, I thought I'd post an extract from Caitlin Moran's amazing 'How to be a Woman'-
 'The unwearability of high heels is self-evidently all around us- coming to a head at the average wedding reception, a uniformly high-heeled occasion. In our minds we see it as an elegant and serene gathering of women in their finest. One of the big chances of the year to pretend you're at the Oscars, in your stilettos. In actuality, of course, it looks like the annual AGM of the Tina Turner Impressionist Union- women staggering around in unaccustomed verticality; foot flesh pouring out over tight, unkind satin, toes going numb for days afterwards''. 
Image from telegraph.co.uk
Miu Miu's decision to hire Hailee Steinfeld as the face of their AW11 campaign caused quite a stir with the debate divided between those who thought she was freakishly young and those who thought the images were charming and sweet (and lots in between). So, the Resort campaign starring 34- year old Guinevere Van Seenus represents something of a leap for Miu Miu. Guinevere was chosen by Erdem earlier in the year to model his Resort 2012 collection, inspired by Hitchcock leading ladies. In a matter of months, the Miu Miu woman has doubled in age and transformed from childish slip of a thing to assured lady, quite the genius move or confusing?
Erdem Resort 2012 (Image from fashionologie.com)
In an interview the FashEd did with Donatella Versace a while back, she told us that the Versace for H&M collection would revive lots of the prints which the label was famous for back in the nineties. True to her word, there is a wealth of fabulously flamboyant baroque references in the full lookbook for the collection which we got to see for the first time this week. It's so darn bellisima, bring on November 17th!
Versace for H&M- Image from telegraph.co.uk

Finally, we may not all be able to fork out the £60,000 paid for a Tracey Emin at Frieze but for a mere tenner you can get your hands on Emin engraved soap at Liberty's Beauty Hall. The project is part of Emin's support for Art Against Knives project which she is involved in 'Because I am against people stabbing each other. Full stop'. Each soap comes wrapped in a poem which Emin has composed especially for the collaboration. If you can't make it to Liberty then you can purchase yours here.

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Tuesday, March 1, 2011

CHRISTIAN DIOR'S NEW CREATIVE DIRECTOR SHOULD BE....

Posted by Fashion Editor at Large

John Galliano 


I didn't see this one coming: after over a decade at the helm John Galliano's reign as the Dauphin at Dior is over and done.

Paris - March 1, 2011
Today, in light of the deeply offensive statements and conduct by John Galliano in a video made public yesterday, Christian Dior has commenced termination proceedings against him. Sidney Toledano, Chairman and Chief Executive Officer of Christian Dior Couture, said: "I unequivocally condemn the statements made by John Galliano which are in total contradiction to the longstanding core values of Christian Dior". From the Huffington Post (via Racked)

While I am a long-time Galliano admirer, can't imagine a fashion industry without John Galliano, and feel compassion for the man, I ruefully agree that Dior chief Sidney Toledano had no choice but to fire him. It's so sad and a tragic way to go, but the bottom line is John totally brought it upon himself, albeit in the unconscious fug of intoxication in a bar in the Marais where he thought no-one knew him or cared what he was doing and saying. In another age maybe he might have been able to obfuscate events; in 2011 there's nowhere to hide from smartphone evidence (even if it wasn't from the night in question) streamed online by one of the worlds biggest media conglomerates. The hard truth leaves no room for public compassion - anti-Semitism is totally unaccepatble.

The ending at Dior also potentially sees his own eponymous line close its doors to him. It is a disastrous outcome, a gravity-defying fall from grace that is surely unprecedented in modern times.
It seems unfair to write all this about such an extraordinary talent. We all have our bad times - and to get through then in private and with dignity should be our right. But though it is unfair and unjust John Galliano doesn't have that option. He has been forced to face the music, but it could be a blessing in disguise. The extreme workload of the modern designer takes its toll on the most creative juices, and maybe a change is the best thing for Galliano and Dior in the long run.

But this is all only with hindsight. Until last Thursday I thought the business of Christian Dior was marching along buoyantly with Galliano at the creative helm. His creative work seemed  perfectly upstanding; the Spring/Summer 2011 collection was good. The multi-layered and coloured espadrille ribbon platform sandals from the collection have been massively influential.

Still. Transgression as a modus operandi succeeds on a creative level - but only if one doesn't let it contaminate the personal. Something Linda Grant writes on in todays Guardian online.

John Galliano is an enormous figure in fashion. Enormous. We in the fashion industry and beyond are in shock at the severity of the situation and will massively miss his design magic and  - on a totally superficial level - his famous catwalk exit at the end of each show. It seems silly to say but I feel lucky that I saw his very last show for Christian Dior in January. I hope he goes away somewhere to pull himself together with good friends close by and recover from  this. Someday he will be forgiven. Everyone deserves forgiveness and a second chance.

MOVING ON:
So who should Christian Dior be looking at? My first thoughts are the two Peters. Peter Copping, who heads up Nina Ricci, and Peter Dundas who heads up Emilio Pucci. Pucci is LVMH owned. Ricci is owned by the Puig group. In the same way that Bernard Arnault brought in Galliano to head up Dior from his position at Givenchy, it would be as simple for him to move Dundas into Dior. Or to hire Copping from Puig.

Peter Copping was key to the success of Marc Jacobs first years at Louis Vuitton, and his departure was keenly felt. In the last two years while Copping has been at Nina Ricci, he has brought a sweetness, elegance and purity to the house which is selling really well and bringing in legions of new young and not-so-young fans.

Copping, spookily, bears an almost striking resemblance to the real Christian Dior.

The real Christian Dior in 1953

Peter Copping of Nina Ricci
Peter Dundas of Emilio Pucci

Will update more later!
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