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What We’ve Read: What to Expect for 2018’s SIHH and Why Kering Let Go of Puma

by

Camille Lake

|

This is the featured image caption
Credit: This is the featured image credit

Luxury Society’s selection of news articles that are not to be missed this week.

Over the last decade, collaborations between luxury brands and contemporary artists have gone beyond mere artistic partnerships towards a new kind of luxury branding.

PARIS – Art and fashion have always developed side by side, for fashion, like art, often gives visual expression to the cultural zeitgeist. During the 1920s, Salvador Dalí created dresses for Coco Chanel and Elsa Schiapparelli. In the 1930s, Ferragamo’s shoes commissioned designs for advertisements from Futurist painter Lucio Venna, while Gianni Versace commissioned works from artists such as Alighiero Boetti and Roy Lichtenstein for the launch of his collections. Yves Saint Laurent’s vast art collection, recently auctioned at Christie’s in Paris, testified to his great love of art and revealed the influence of a variety of artists on his own designs.

In the 1980s, relationships between luxury brands and artists were advanced when Alain Dominique Perrin created the Fondation Cartier. In the Fondation Cartier pour l’Art Contemporain, a book marking the foundation’s 20th anniversary, Perrin says he makes “a connection between all the different sorts of arts, and luxury goods are a kind of art. Luxury goods are handicrafts of art, applied art.”

The Fondation Cartier pour l’Art Contemparain building in Paris

Luxury Society’s selection of news articles that are not to be missed this week.

1. Luxury Watchmakers Head to Geneva Fair With New Hopes

Emerging from a period of retrenchment, SIHH exhibitors are battling for the discerning, post-crisis consumer.

Read this on WWD.

2. Richemont's Wholesale Revenue Drops on Sales Network Cleanup

Richemont, the maker of Cartier necklaces and IWC timepieces, reported lower wholesale revenue as it became more selective with its retail points, a sign the luxury house is cleaning up its distribution network after being forced to buy back unsold watches.

Read this on Bloomberg.

Join Luxury Society to have more articles like this delivered directly to your inbox

3. Gucci Owner Kering to Spin Off Majority Stake in Puma

Luxury group Kering says it intends to spin off a majority stake in sports apparel maker Puma by distributing the stake to its own shareholders.

Read this on NYTimes.

4. How Luxury Brands are Melding Stores in China with Chinese Tech Platforms

With assists from technology partners, including Alibaba, JD.com and WeChat, luxury brands including Ralph Lauren, Coach and Louis Vuitton are updating store experiences by linking online campaigns to in-store purchases, arming store employees with digital customer profiles and connecting store inventory to online purchases.

Read this on Glossy.

Camille Lake

Writer, Luxury Society

Before joining the editorial team at Luxury Society, Camille worked with a South African magazine, The Month, as well as a Swiss digital publication, Luxuria Lifestyle. She then went on to join the team at a leading business publication in Geneva, Bilan Magazine.

RETAIL

What We’ve Read: What to Expect for 2018’s SIHH and Why Kering Let Go of Puma

by

Camille Lake

|

This is the featured image caption
Credit : This is the featured image credit

Luxury Society’s selection of news articles that are not to be missed this week.

Over the last decade, collaborations between luxury brands and contemporary artists have gone beyond mere artistic partnerships towards a new kind of luxury branding.

PARIS – Art and fashion have always developed side by side, for fashion, like art, often gives visual expression to the cultural zeitgeist. During the 1920s, Salvador Dalí created dresses for Coco Chanel and Elsa Schiapparelli. In the 1930s, Ferragamo’s shoes commissioned designs for advertisements from Futurist painter Lucio Venna, while Gianni Versace commissioned works from artists such as Alighiero Boetti and Roy Lichtenstein for the launch of his collections. Yves Saint Laurent’s vast art collection, recently auctioned at Christie’s in Paris, testified to his great love of art and revealed the influence of a variety of artists on his own designs.

In the 1980s, relationships between luxury brands and artists were advanced when Alain Dominique Perrin created the Fondation Cartier. In the Fondation Cartier pour l’Art Contemporain, a book marking the foundation’s 20th anniversary, Perrin says he makes “a connection between all the different sorts of arts, and luxury goods are a kind of art. Luxury goods are handicrafts of art, applied art.”

The Fondation Cartier pour l’Art Contemparain building in Paris

Luxury Society’s selection of news articles that are not to be missed this week.

1. Luxury Watchmakers Head to Geneva Fair With New Hopes

Emerging from a period of retrenchment, SIHH exhibitors are battling for the discerning, post-crisis consumer.

Read this on WWD.

2. Richemont's Wholesale Revenue Drops on Sales Network Cleanup

Richemont, the maker of Cartier necklaces and IWC timepieces, reported lower wholesale revenue as it became more selective with its retail points, a sign the luxury house is cleaning up its distribution network after being forced to buy back unsold watches.

Read this on Bloomberg.

Join Luxury Society to have more articles like this delivered directly to your inbox

3. Gucci Owner Kering to Spin Off Majority Stake in Puma

Luxury group Kering says it intends to spin off a majority stake in sports apparel maker Puma by distributing the stake to its own shareholders.

Read this on NYTimes.

4. How Luxury Brands are Melding Stores in China with Chinese Tech Platforms

With assists from technology partners, including Alibaba, JD.com and WeChat, luxury brands including Ralph Lauren, Coach and Louis Vuitton are updating store experiences by linking online campaigns to in-store purchases, arming store employees with digital customer profiles and connecting store inventory to online purchases.

Read this on Glossy.

Camille Lake

Writer, Luxury Society

Before joining the editorial team at Luxury Society, Camille worked with a South African magazine, The Month, as well as a Swiss digital publication, Luxuria Lifestyle. She then went on to join the team at a leading business publication in Geneva, Bilan Magazine.

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