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What We’ve Read: Burberry Investors Question Destruction of $38 Million in Goods

by

Meaghan Corzine

|

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. Chanel Launches E-Commerce In The UK

Chanel has launched its first e-commerce website for the fashion division in the UK, starting with eyewear.

Read this on Vogue.

2. Farfetch acquires CuriosityChina to expand its social media efforts on the mainland

Farfetch — the e-commerce startup that works with some 900 high-end fashion boutiques and labels to present and sell clothes, shoes, accessories and jewelry online, and we and others have heard is gearing up for a $6 billion IPO — is making an acquisition to double down on China, one of the fastest-growing markets for luxury goods.

Read this on Tech Crunch.

3. Burberry Investors Question Destruction of $38 Million in Goods

The British fashion house physically destroyed finished products worth £28.6 million ($38 million) in 2018, according to its latest annual report.

Read this on Business of Fashion.

4. The Grand Prix d'Horlogerie De Genève Announces Candidate Watches For 2018

With a reshuffling of prize categories, the GPHG is bigger than ever, with a wider-than-usual range of candidate timepieces.

Read this on Hodinkee.

Cover image credit: Burberry

Meaghan Corzine
Meaghan Corzine

Writer at Luxury Society

Before joining the editorial team at Luxury Society, Meaghan was based out of New York City writing for CBS New York and NBC Universal. A Washington-D.C. native, Meaghan also wrote for Washington Life Magazine while studying journalism at university. After moving to Switzerland in 2016, she went on to contribute to Metropolitan Magazine and CBS affiliates before joining the LS team.

RETAIL

What We’ve Read: Burberry Investors Question Destruction of $38 Million in Goods

by

Meaghan Corzine

|

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. Chanel Launches E-Commerce In The UK

Chanel has launched its first e-commerce website for the fashion division in the UK, starting with eyewear.

Read this on Vogue.

2. Farfetch acquires CuriosityChina to expand its social media efforts on the mainland

Farfetch — the e-commerce startup that works with some 900 high-end fashion boutiques and labels to present and sell clothes, shoes, accessories and jewelry online, and we and others have heard is gearing up for a $6 billion IPO — is making an acquisition to double down on China, one of the fastest-growing markets for luxury goods.

Read this on Tech Crunch.

3. Burberry Investors Question Destruction of $38 Million in Goods

The British fashion house physically destroyed finished products worth £28.6 million ($38 million) in 2018, according to its latest annual report.

Read this on Business of Fashion.

4. The Grand Prix d'Horlogerie De Genève Announces Candidate Watches For 2018

With a reshuffling of prize categories, the GPHG is bigger than ever, with a wider-than-usual range of candidate timepieces.

Read this on Hodinkee.

Cover image credit: Burberry

Meaghan Corzine
Meaghan Corzine

Writer at Luxury Society

Before joining the editorial team at Luxury Society, Meaghan was based out of New York City writing for CBS New York and NBC Universal. A Washington-D.C. native, Meaghan also wrote for Washington Life Magazine while studying journalism at university. After moving to Switzerland in 2016, she went on to contribute to Metropolitan Magazine and CBS affiliates before joining the LS team.

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