Cassy Bhairo
Faustine Lara
Kristin G
Weronika Kumanek
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LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury group, achieved revenue of €14.2 billion in the first nine months of 2010, an increase of 19% compared to the same period in 2009.
With organic revenue growth of 14%, the third quarter confirmed the trends observed since the start of the year. Momentum continued to be very strong in Asia, Europe and America. Louis Vuitton once again achieved double-digit organic revenue growth.
The Fashion & Leather Goods business group achieved a 20% revenue increase during the first nine months of the year. With double-digit organic revenue growth in the period, Louis Vuitton confirmed its exceptional, global brand appeal. The leather goods lines Monogram and Damier achieved strong growth. A new line will be launched in the fourth quarter. Since the beginning of the year, strong momentum has returned to Fendi and Donna Karan. The other fashion brands achieved good growth during the third quarter.
In Perfumes & Cosmetics, revenue grew 14% in the first nine months of 2010. Christian Dior benefited from the worldwide success of its perfumes. The successful roll-out of its lipstick also contributed to the remarkable performance of the brand. The launches of Abeille Royale, Guerlain’s new skincare range, and of the feminine version of Givenchy’s Play, are some of the numerous initiatives that took place in the third quarter. Benefit continued to expand its distribution network into Asia and Europe.
The Watches & Jewelry business group recorded revenue growth of 29% in the first nine months of 2010. TAG Heuer continued its successful worldwide expansion and benefited from the new models launched for its 150th anniversary celebration. Hublot gained market share due to the excellent performance of its Big Bang and King Power lines. Zenith’s new collections were very favourably received. The jewelry brands Chaumet, Fred and De Beers also enjoyed strong growth.
The Selective Retailing business group achieved revenue growth of 17% in the first nine months of 2010. DFS further benefited from the significant increase in Asian travellers. Sephora recorded comparable store revenue growth in all its regions. The progress in online sales continued. The rhythm of expansion of its store network continued.
Outlook
The excellent performance of LVMH in the first nine months of the year has confirmed its confidence for 2010. The Group will continue its proactive strategy focused on innovation and targeted geographical expansion in the most promising markets. LVMH will rely on the power of its brands and the talent of its teams to strengthen once again its global leadership position in luxury products.
LVMH Moët Hennessy Louis Vuitton is the world's leading luxury goods group. The Group is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Château d'Yquem, Hennessy, Glenmorangie, Ardbeg, Belvedere Vodka, Chopin, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Green Point, Cape Mentelle, Newton.
The MOVMODA 2011 Performance Lingerie collection will be featured at The Luxury Review at The SLS Hotel. The latest in jewelry, fashion, home and design, travel and electronics will be in attendance, including Rolls-Royce, Avantair, Mercedes-Benz, Aston Martin, Alberto Parada Jewelry, Blancpain Timepieces and more.
The MOVMODA 2011 Performance Lingerie collection evokes mind, body and spirit euphoria for all of the senses. This eco-friendly collection is comprised of 10 products: a Bandeau Bra, Bandeau Cami, Bralette, Shirred Cami, Booty Panty, Booty Short, Thong Short, Spin Short, Thong and Unisuit. Available in: white/silver, black/black, red/black, turquoise/black, silver/black, ink/black and nude/black. “We wanted to create a product that evokes sensuality and blends key ingredients: a dash of sex appeal, a flirty touch and a lot of comfort,” says MovModa President, Kerry Mann.
The MOVMODA collection is crafted from luxurious Italian Sensitive fabrics. Blending the unique qualities of inventiveness and Italian style, the combination of nylon microfiber and Lycra elastomer forms a fabric ideal for an active and athletic lifestyle. With the MOVMODA collection, women will experience superior quality and comfort found in the finest high-end lingerie with the performance and support featured in sports apparel. Each product has built-in moisture management, breathability, UV protection and easy care. Plus, the entire collection is eco-friendly!
According to Mann, “My love for Italy and my desire for a product that combines comfort and beauty inspired the development of this collection. There’s nothing like performance lingerie.” MOVMODA Performance Lingerie – designed for women to feel fabulous with whatever they are doing. Designed to be worn as inner or outer wear for sport or everyday life.
MovModa derives its meaning from the Italian words for fashion and movement. Kerry Mann, Founder of MovModa, a division of the KN Group LLC, combines her passion and love of Italy with the fashion and functionality of performance lingerie. This U.S. based company prides itself on its infrastructure of supporting the entrepreneurial spirit by contracting exclusively with independent business owners to support them in following their passion and melding it with the MovModa mission. The end result is a company built upon a solid foundation of passion, dedication and quality
Models present creations by young graduate designers of Greek Fashion Schools during the 12th Athens Fashion Week for Spring/Summer 2011 in Athens on Oct. 17, 2010.
Models present creations by Greek designer Samantha Sotos during a Greek Fashion week show, in Athens, on Saturday, Oct . 16, 2010.
Models present creations by designer Delight during fashion week in Athens October 16, 2010. A model presents a creation by designer Delight during fashion week in Athens October 16, 2010.
Models present creations by designer MED during fashion week in Athens October 16, 2010.
According to EU Statistics Bureau, EU's import value of apparel decreases by 4.4% in first half. The import volume of apparel from Asian countries especially from China drops drastically with the rate of 6.1%. Apparels from EU's third largest supplier of apparel, Bengal also reduces by 5.4%. According to the French Textile Report, China's export volume of apparel to EU only increased by 1% since 2009.
The report also analyzes reasons behind this fall. First one is the depreciation of US dollars against Euros. Second one is that the rise of salary in China, Bengal and Southeast Asia countries. Moreover, China seems to pay more attention to its domestic market. At the same time, Chinese businessmen don’t take foreign counterparts as their priority.
Manish Malhotra, Furne One and “Neon Edge”’s Mona Fares are set to light up Dubai Fashion Week (DFW) with their stunning Spring/Summer 2011 (SS11) collections between 24th and 28th October. In preparation, Capital Marketing, DFW owners and organisers, are pulling out all the stops to ensure DFW SS11 is better than ever, with a top-level line up of the regions hottest designers.
Debuting at this season’s DFW are the local talents of Abeer Al Suwaidi of “USH Boutique”, Sara Al Madani & Apple Wang of “Rouge Couture”, and Lamya Abedin of “Queen of Spades”. Designers returning to the catwalk include Aartivijay Gupta, Shrehkanth, Amber Feroz, and Homa Qamar to name a few.
Commenting on the upcoming season, Manoj Bhojwani, Chairman of Capital Marketing said, “As the new owners and managers of DFW, we are committed to building the brand, developing stakeholder relations, reaching out to a wider pool of designers to showcase the very best talent, in addition to attracting top local, regional and international buyers. To ensure DFW takes its place on the international fashion circuit it is vital that all these elements come together. This is not an overnight task but one we are fully committed to. The Middle East is home to a burgeoning fashion scene and it is important that this obtains global recognition.”
DFW SS11 sees a total of 40 designers set to delight attendees with their creations. The show, now in its 8th season also moves to a brand new venue; Asateer at Atlantis The Palm, providing a much bigger venue, that is more in tune with the much anticipated growth of Dubai Fashion Week.
Rohit Sabikhi, Dubai Fashion Week General Manager, said a few changes to the show have been announced. “DFW SS11 will have 30 shows over five days. The show timings have also been revised with shows starting and ending earlier. Both changes have been incorporated to give more time and flexibility to designers and buyers.”
Showcasing for the first time at DFW are the SS11 Emerging Talent winners presented by Max and co-founder whose show will be open to the public on 26th October at 2.00 pm. Designers include: Sachin Gada, Niteesh Singh Chauhan who are both based in India, and Dubai based Susan Jacob, Nova Krishnan, Samah Ali and Nasrine Dechache. These six exciting new designers were selected from a shortlist of twelve and will each début five runway designs at DFW SS11, in addition to an exhibition stand providing them with a platform to interact with business-driven associations.
Established in 2006, the Emerging Talent competition was created to showcase the work of the many talented amateur designers in the Middle East. Entries and submissions come from a wide range of designers, from students to existing fashion designers looking for exposure in the dynamic fashion industry. The competition has cemented itself as an opportunity for industry experts as well as fashion lovers to get a sneak peek into some ofthe region’s up and coming designers.
Marc Robinson, DFW’s official Show Director and co-founder, added, “DFW SS11 will be bigger, more energetic and a fashion display like never before in the Middle East. Unique original designs, new trends and a fresh outlook on hair and make up will bring visible enhancement to the shows. We are looking forward to making DFW the most talked about fashion event in the region.”
Adding to the events excitement, DFW is pleased to announce that Manish Malhotra will be the Grand Finale for the show. Manish Malhotra is the leading fashion designer in India, designing outfits for many prominent Bollywood celebrities, in addition to clothing Michael Jackson for his appearance during the Bollywood Awards held in New York and Kylie Minogue for the Bollywood production of “Blue”.
Experience casual, free spirited expressions of creativity with Esprit’s Bohemian inspired collection. Celebrate being a true lover of world culture with Esprit’s bohemnian collection which draws inspiration from its modern designs and non- conventional fashion forms to make every season a fashion extravaganza.
Bohemian inspired edc by Esprit is sheer, a classic bohemian signature. New cargo styles, used leather jackets with sturdy laced boots can be matched perfectly with flannel shirts, or colourful shorts. Crank it up a notch with oversized loop scarf, long tank top, white tops and shirts. Break the conventional fashion norms with sexy boyfriend jackets for a bolder more edgy look. What never fails to work is a riveting tank tank top with boyfriend jeans.
The leather jacket is an all- timer. Esprit brings you the edc collection in ravishing tones of neutrals, grey shades and black accents and in teal, blue tones, red, berry tones. Trendy footwear courtesy of classic and vintage inspired edc shoes will do the magic. Mix and match is the key, so accessorize all you want with edc’s simple yet exuberantly styled leather bags, belts and scarves to complete the look.
Bohemian inspired Esprit Women Casuals is made to suit every wardrobe. Try the boho-chic fashionista look that will spell a million bucks. Recapture some of the free-spirited '70s romance with down jackets and gilets, including new shapes, duffle coats, pea coats and feminine trench coats is a real winner. Faux leather jackets, including suede and lambskin effects, single blazers in classic materials such as tweed can be teemed with unconventional patterns and punk t-shirts.
Pull on feminine shirts and denim blouses over loose boyfriend jeans. Carry off bright floral tops to recreate clothing of the 70’s with an unconventional touch of modern. The garments are made of cord, bouclé, flannel, classic and bright effects, in authentic material that looks comfortable, casual with slight touch of tribal prints for an absolute wardrobe revolution.
Bohemian Esprit Women’s Collection is a fashion statement perfected by Sienna Millers and Kate Moss. Slim-line, figure-hugging, draped styles oversized off-shoulder silhouettes tops, cardigans and sweaters should be part of the ensemble. They come in novel cottons and soft knits with visible zip details. Accentuate your hourglass figure with wide belts, big chunky bags, scarves along with simple yet bold sundresses.
This collection comes in basic black, white and neutrals and beautiful highlights like gemstone tones, smoky frosty pastels. They also come in bright and breezy shades of blue, red and also floral shades adding a touch of hippy sensibilities. Team it up with bags made from luxurious Morocco leather and hats to complete for a look of sophistication.
Bohemian inspired Esprit Men Casual spells a look that’s breezy and is perfect for everyday wear. Whether you are looking for a pair of regular trousers or an alternative to jeans, Dress trousers can be worn with any basic colour shirt and stylish chequered blazer for the evening. Wear Plaid shirts with Khakis for a laid back vintage look. Try a nice blue, grey or khaki-colored cotton suit over a white shirt, and a pair of jeans to make a subtle statement like that of Johnny Depp.
Esprit collection comes in soft natural tones, grey, black dark brights, red and wintery blue tones. Experiment with edc that comes in traditional materials with watercolour effects. Each garment has a catchy natural vintage character to add a spontaneous touch to it.
Bohemian inspired Esprit Collection for men is the stylish new reinterpretation of old classics. Retro styled blazers with fine stripes or cardigans make classic effortless dressing Wear them uncompromisingly like tweed jackets, dandy-esque mini checks with jeans or formal pants. Make a huge statement by revamping your wardrobe with the much needed subtle and shadowy patterns and slim cut blazers. Plaid pants can be teemed with white crisp linen shirts and jackets for a bohemian touch to fashion. The collection comes in basics: black, grey, white, brown and navy.
