The luxury sector is not immune: Cavalli chief sees luxury goods slowdown

  The debt crisis “will definitely have an impact on consumption” of luxury goods Luxury-goods companies should brace for weaker growth in 2012 as Europe’s sovereign debt crisis leads to a slowdown in spending, according to Gianluca Brozzetti, chief executive officer for designer Roberto Cavalli. “To say it won’t have an effect is madness,” Brozzetti … Read more

Men replace women as online shoppers of the future

Across Europe, two in five people (40%) now shop online – and it is men not women that are driving the charge into internet purchases – according to a new study by CB Richard Ellis (CBRE). At a time when there is an unprecedented level of consumer access to the internet across Europe, CBRE’s study … Read more

Hermes: The purchasing power of luxury consumers had not changed yet

Hermes says buying power of luxury clients unchanged French luxury goods maker Hermes sees no sign yet of affluent buyers tightening their purse strings in spite of a somber global economic outlook, the head of the brand said at Paris Fashion Week. The luxury goods industry continues to grow at a solid pace thanks to … Read more

Neutral chic by Giorgio Armani: spring – summer 2012 collection

Giorgio Armani unveiled a new collection inspired by mother of pearl colours and the undulation of waves at Milan Fashion Week last week, reprising Versace’s modern mermaids outfits. Giorgio Armani spring/summer 2012 designs had a shimmering quality that turned the fashion show into a maritime scene on a silvery night with shoals of fish swimming … Read more

Millenium Star – the most precious fabric in the world

MILLENIUM STAR: the most precious fabric in the world Three fine thread of 1/330’s Giza 45 cotton, the most valuable in the world were united by David & John Anderson (founded 1822) to form one yarn of 3/330’s: the most precious in the world, thanks to the work in triple-fold, a sophisticated technique which confers … Read more

Expensive jewelry. Dolce & Gabbana refocusing its efforts on the high end of the luxury

Dolce & Gabbana plans to launch a collection of jewelry Dolce & Gabbana plans to launch a collection of jewelry with prices as high as $20,000 or so for a necklace, a sign that the fashion house has been refocusing its efforts on the high end of the luxury industry. Using diamonds, rubies, black jade … Read more