Week in Review July 2-6
From Pitti to Paris, Men are the New Women (Intelligence)
“Men are the new women,” or so went the refrain of the fashion pack who have travelled from London to Florence to Milan to Paris over the last three weeks, taking in the menswear collections for Spring/Summer 2013.
Forget the Beach, Mall Culture Rises in Brazil (Global Briefing)
“In emerging markets like India and China, luxury shopping malls have often struggled to successfully take root. Quality and execution issues have plagued many of India’s new shopping centres, while, apart from the very best developments, many of China’s large-scale malls are often worryingly empty. But despite the fact that the sun is always shining and the breeze is always blowing, Brazil’s luxury malls are booming.”
Worry in China, Drama in Europe Weigh on Luxury Sector (Market Pulse)
“The Savigny Luxury Index (“SLI”) fell 4.2 percent in June, relative to an uplift of 4.0 percent in the benchmark MSCI World Index (“MSCI”). Worrying news out of China, the continued drama of the European debt crisis and downward revisions in growth estimates for 2012 caused the sector to go out of favour.
Simons Starts Triumphantly at Dior (On the Runway)
“The hardest thing to realize in fashion is that the future lies in the past. The second hardest thing is to forget the past. That precise turn of mind is what Raf Simons showed on Monday as he took control of Dior.”
Yohji Yamamoto’s Museum Style (Interview)
“Yohji Yamamoto, champion of the avant-garde, has built an empire crafting ready-to-wear clothing brilliantly complex in texture, fabric, and tailoring… Opening today, the Japanese designer’s work will be celebrated in Israel for the first time at Design Museum Holon, as part of a series of traveling museum exhibitions.”
Ending on a Grace Note (IHT)
“For all the the flesh still flashed on the red carpets, there is a change of mood on the runways. Perhaps the change can best be seen in the long-sleeved dresses with hemlines at the shoe-level that have taken over for the once-prevalent winter bare-the-body look.”