BoF Daily Digest | Hermès’ plans for India, Fashion Week battle continues, eBay’s mobile sales up, Rags to riches, LVMH opens its doors

BoF Daily Digest | Hermès’ plans for India, Fashion Week battle continues, eBay’s mobile sales up, Rags to riches, LVMH opens its doors:

Hermès sari collection | Source: Luxpresso

Hermès sees sari as way in to India (FT)


“It’s perhaps not surprising that the first offer of a sari from a western company comes from Hermès, which last year launched a bespoke Chinese brand, aimed at winning more Chinese
customers while resuscitating China’s craft tradition… India’s luxury market has recently captured the attention of European and American fashion houses, as the increasingly affluent elite shrug off years of socialist-inspired austerity.”


Battle of the catwalks update: Milan and Paris refuse to budge (Telegraph)


“So, as things now stand, New York fashion week will begin on September 13 next year, followed by Milan on September 19, London on September 21 and finally Paris on September 25. Milan decided to go ahead with its controversial calendar (that sees it run concurrently with two days of New York and four days of London fashion weeks) despite a last minute plea from its British and American counterparts.”


eBay VP Steve Yankovich: En Route To $4B In Gross Mobile Sales (TechCrunch)


“eBay is on its way to process around $4 billion in mobile sales (= gross merchandise volume, not revenue) in 2011, double the number it logged last year. The company’s mobile apps for iPhone, iPad, Android, WP7… Have been downloaded over 50 million times, and its Marketplace app alone has seen about 20 million downloads. Furthermore, three purchases are made through eBay’s mobile applications every second.”


From Rags to Riches (T Magazine)


“With big-name museums increasingly relying on fashion, it was only a matter of time before corporate brands saw the advantage of creating their own exhibitions and ‘museums,’ where they could set their focus without any intervention from pedantic historians and where they could make or break their own rules… But with so many more museum exhibitions scheduled to open and an audience that adores fashion displays, no one would dare to dismiss a heritage piece as ‘this old thing.’”


LVMH: In the lap of Luxury (Telegraph)


“If you have ever wondered how big the Moët & Chandon cellars are, what the inside of the Christian Dior haute couture house looks like or how long it takes to make a bespoke Chaumet tiara, then you are in luck. Next weekend the luxury group LVMH – whose portfolio also includes Louis Vuitton, Givenchy Couture, Dom Pérignon and Glenmorangie – is opening the doors of some of its private inner sanctums.”




ME HERO DYD