Month: November 2019

GQ, arguably the world’s finest men’s lifestyle magazine, is launching an Indian publication this month, marking the magazine’s 15th edition around the world. According to GQ.com, the GQ India man now enjoys a disposable income of $100,000 (over £55,500) a year, so it makes sense that he would need a discerning magazine to help him dispose of it in the best way possible. Says GQ India Editor Che Kurrien: “The new Indian man is earning and spending like never before, driving consumption in Asia’s third-largest economy, attracting a slew of luxury lifestyle brands. GQ will be his guide to all things cool and stylish.”

Indeed, the first issue celebrates this new found “Good Life”, with Saif Ali Khan, Yuvraj Singh and Arjun Rampal – some of India’s biggest names in Bollywood, cricket and fashion respectively – gracing the cover. Inside, meanwhile, is the high-quality journalism you expect from GQ, including an interview with Aditya Mittal, businessman and son of Britain’s richest man, steel magnate Lakshmi Mittal.

More Fashion News from India on www.FashionUnited.in

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Known for his fluorescent grafitti collections, designer labels Louis Vuitton and Marc Jacobs are paying homage to the work of late Stephen Sprouse. Having worked with the artist and designer before, the two luxury labels are launching a new limited edition collection inspired by their original collaboration.

Marc Jacobs and Stephen Sprouse first worked together in 2001 when they released a seminal collection of Louis Vuitton graffiti bags. This recent collection will be launched in-store from half January 2009, and is a realisation of the initial idea.

The impetus for this new collection came when the Deitch gallery, who are holding a retrospective exhibition of Sprouse’s work in NY, entitled ‘Rock on Mars’ (January 2009), asked Louis Vuitton to contribute to the exhibition.

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Coinciding with the exhibition and the release of the Louis Vuitton Stephen Sprouse collection will be the launch of ‘The Stephen Sprouse Book’ by Roger and Mauricio Padilha (published by Rizzoli) and featuring a chapter on Stephen Sprouse and Louis Vuitton. There will also be a special series of limited edition books featuring a special Louis Vuitton cover, which will be available in Louis Vuitton stores worldwide.

Image: Stephen Sprouse Louis Vuitton collection

After a brand own store in Knightsbridge, Blossom Mother and Child opened the doors of its second store in London. The luxury maternity and babywear retailer, stocks its own label and other brands including Antik Batik and Missoni. The new store is set over 802 sq ft and is located on Marylebone High Street.

This autumn, Blossom is also looking to launch a second retail presence in Dubai. Retail property consultancy Harper Dennis Hobbs, recommended the brand to open another retail space. The Dubai store will feature 1,788 sq ft. Blossom Mother and Child is also available at department stores in Japan, China, Australia, as well as the UK and Europe.

The manager of a Dorset Woolworths which closed when the firm collapsed is to re-open the shop she worked for under the new name Wellworths. Claire Robertson, 34, who worked for the High Street chain for 18 years, plans to reopen the doors to its building in Dorchester in March.

Ms Robertson began her “Woolies” career as a Saturday girl in Somerset. Woolworths went into administration last November and its more than 800 stores closed after struggling with debts of £385m.

Ms Roberston described the closure as “very sad”. “The idea was very easy because Dorchester’s Woolworths was a successful store,” she said. “The getting it on to a business plan and convincing somebody that it was a good idea was slightly more difficult.”

She added that she hoped to “get back Woolworths customers and attract some new ones as well”.

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Patty Ball and Terri Edwards, who worked for their former boss in the town’s Woolworths shop and could not find another job when it shut, told BBC News: “We can’t wait until it opens – our little family back together again.”

Ms Roberston has hired the same team who worked for her before. Acknowledging the economic climate, she said: “It would be silly not to think in this time opening a new retail outlet is not going to be difficult but people out there need to buy goods at good value.

Source: BBC

Hence the increasing caution due to the current economic climate, buyers placed strong orders at NEC trade show. The fashion industry fair in Birmingham, introduced retailers to a diverse international line up, including 200 new arrivals such as Uldahl and Uto at Moda Woman, Calvin Klein Underwear, Merc and Simon Carter at Moda Menswear, Rocket Dog, WLM, and Roberto Botello at Moda footwear.

Visitor numbers across Moda remained level with February 2008. Following the February 09 Exhibitors Questionnaire the majority of exhibitors were pleased with the quality of buyers and number of new contacts made. Sunday was the strongest day with visitor numbers up on the previous season.

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Andy Cockayne, Sales Director of Hush Puppies exhibiting at Moda Footwear commented: “We’ve had a great show despite the current economic climate. Our new range has been met with lots if enthusiasm and buyers have been keen to write orders. Our new look premium collection has been particularly well received. We’re really pleased.”

Buyers travelled from all corners of the world including France, Australia, Spain, Sweden, Germany, USA, Japan and Hong Kong to evaluate the upcoming trends for autumn ‘09. Plans are underway for Moda August 09, which will be taking place at the NEC from August 9th to 11th.

February 1st, 2009 marks the launch of a collaboration between Adidas Originals and three of the world’s most unique and creative streetwear and fashion designers – Originals by Originals. Jeremy Scott, Alyasha and Kazuki have each created a mini collection of groundbreaking Adidas Originals apparel and footwear products for men and women that will be exclusively available in selected boutiques, fashion doors and Originals stores globally from spring/summer 2009. Each product features the Originals by Originals logo and the respective designer logos.

The 2009 global advertising campaign for Originals is set to be its biggest ever and will feature a host of stars from music, sport and fashion. Budget for the year-long campaign, which launches in the US today and in the rest of the world in January, has not been disclosed.

Next year marks the 60th anniversary of Adidas founder Adi Dassler registering the company’s famous three-stripe design, and Adidas said that it was keeping that in mind with its Celebrate Originality campaign, which is set against the backdrop of a house party.

Music stars include Katy Perry, Estelle, Young Jeezy, the Ting Tings, DMC-Darryl McDaniels, Method Man, Redman, Afra, Ryukyudisko, Russell Simmons and Missy Elliott, while athletes taking part include Kevin Garnett, David Beckham, Ilie Nastase and Mark Gonzales. Designers Kazuki and Jeremy Scott also feature in the campaign.

“Adidas Originals’ biggest strength and point of difference is the ability of the trefoil brand to be a relevant part of people’s lives – in whatever lifestyle they have – skater, rocker, artist, musician, sneakerhead, sports fan whatever,” explained Hermann Deininger, CMO adidas Sport Style Division.

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Image: Jeremy Scott for Adidas

Half of large retailers and over 40 per cent of small and medium-sized business say the reduction or withdrawal of trade credit insurance has undermined their ability to trade. The findings are part of the British Retail Consortium’s (BRC’s) Credit Conditions Survey published on Friday. Nine out of ten SME respondents and two-thirds of larger retailers believe that trade credit insurers are not in a position to assess accurately the risk of a supplier not getting paid.

Trade credit insurance protects suppliers who sell goods on credit to companies, such as retailers, against the risk they will not get paid. If credit insurance is withdrawn, suppliers demand to be paid upfront. This can leave retailers short of stock, create cash flow problems for retailers and cost jobs as retailers seek to divert funds from wages to paying suppliers. Banks also use retailers’ insurability as one of the criteria for making lending decisions.

The BRC survey reveals a third of SME retailers had experienced a contraction in lending by their bank. Of those, 89 per cent said it had affected their businesses, 75 per cent had cut stocks (bad news for manufacturers and suppliers) and 30 per cent had cut employment.

Ahead of the next week’s Budget, the BRC is calling on the Government to provide top-up insurance cover up to the level that private insurers are prepared to provide.

Stephen Robertson, British Retail Consortium Director General, said: “For retailers to survive and keep people in work they need to keep shelves stocked with the goods customers want. In these uncertain times, it’s even more important suppliers have the confidence that trade credit insurance brings. Cover must remain available.

“We’re not expecting the tax payer to take on more risk than private insurers. But, by matching the trade credit insurance that private insurers are willing to provide, the Government can help fundamentally sound businesses weather the recession at relatively little cost. Without this backing, the lack of trade credit insurance will threaten the viability of more suppliers and retailers.

“UK retailing employs more people than the whole of manufacturing and is every bit as deserving of support. We’re not asking for handouts but, for those retailers that need it, a safety net which underpins trade credit arrangements is essential.”

Image: credit cards

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The upcoming five years, India will be at its most interesting height to invest and to further develop retail opportunities. As discussed during the World Retail Congress earlier this year, BS Nagash managing director of Indian department store chain Shoppers’ Stop said: “Come to India in the next five years or don’t bother. Opportunity there is, but don’t miss the bus.”

Bijou Kurien, CEO of Reliance Lifestyle, outlined the challenges facing retailers entering the market. He observed that there is a tendency to treat a country with more than 1 billion people as a homogenous entity, when in fact it is composed of many vastly different parts. “There is no one view of India and it cannot be approached from one brand strategy,” he said.

Nagesh agreed, saying that retailers always look at Europe as a collection of different states, but “when you come to India, you see them start with a store in Delhi and then a store in Mumbai and go on from there. When you look at India as one country, most of us end up making a mess,” he said.

As businesses throughout the globe continue to battle the toughest economic conditions in recent memory, it has become increasingly clear that, as the current business challenges are the direct consequence of a new integrated global economy, so too are the solutions. Retailers can no longer afford to operate or think in isolation, and will collectively debate at the World Retail Congress the strategies to see them safely through the consumer spending famine and position their businesses for long term stability and growth.

The World Retail Congress has welcomed more than 2,000 retail leaders since its launch in 2007. The programme has been set in extensive consultation with the industry and the Congress Advisory Board, which includes some of the era’s most inspirational retailers, ranging from O Boticario to Myer, Mango, Harvey Nichols, Tesco, and Gap.

Image: India (ES)

More Fashion News from India on www.FashionUnited.in

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Luxury men’s fashion house Dunhill has some of the most desirable cuff links imaginable. These are rendered when black diamonds are set in the brand’s iconic white gold Alfred Dunhill facet square. The unique incarnations of Alfred’s expansive and masculine spirit are a fitting commemoration of the company’s London Home, which opened in Mayfair last year.

The company has further launched the Alfred Dunhill Provenance Collection, where recycled Second World War parts are designed into limited edition cuff links, all which are branded with Alfred Dunhill and presented in premium packaging. The recycled parts are components of iconic historic machinery, cast from the aluminium engine of fighter planes. Only 250 pairs are available at £695.

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Amidst the stories surrounding Michael Jackson even after his death, it cannot be disputed that the iconic singer made a major contribution to fashion. As was reported in WWD, it takes a certain kind of star to turn a single sequined glove into a cultural symbol.

In the 80s and 90s Jackson became as much a trendsetter for fashion as he was for music. There’s the red leather motorcycle jacket he rocked in the “Beat It” video; the white ankle socks, black fedora and black loafers he wore when he moonwalked, the military-style jacket and aviator sunglasses he toured in during the “Thriller” era; the white V-neck T-shirt that he always eventually stripped down to onstage, and finally, there was that glove, first worn during a performance of “Billie Jean” during a television special in 1983.

More than two decades later, The King of Pop’s style still inspires the fashion set. For spring 2009, Balmain sent a Jackson-esque military jacket down the runway, and it was picked up by celebrities like Beyoncé Knowles and Rihanna. Jackson hits like “Thriller” and “PYT (Pretty Young Thing)” are soundtrack staples for runway shows even still.

The singer was also a shopper — a big one. During the Nineties, he reportedly spent an average of $35 million a year. In 2005 Jackson spent $150,000 at Harrods in 30 minutes. And in 2006, he went on an impromptu midnight shopping spree at Topshop’s Oxford Street flagship.

For his “This Is It” tour, set to start July 13, the pop icon had costumes created specially for him by Crystallized Swarovski Elements. Along with the sets, the ensembles would have featured more than 300,000 crystals in 43 sizes and 27 colors. As Nadja Swarovski, vice president of international communications for Swarovski, told WWD Wednesday: “As the King of Pop, it is only natural for him to be crowned in crystal.”

Image: MJ glove

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