RETAIL

What We’ve Read: Can America Build a Luxury Powerhouse to Rival Europe’s?

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.) Can America Build a Luxury Powerhouse to Rival Europe’s?

The future of Tapestry hinges on a wider portfolio than currently exists.

Read this on Bloomberg.

2.) Luxury Brands Can't Ignore Fashion Reseller The RealReal Anymore

Long dismissed as an opportunistic upstart of little consequence by the luxury establishment, The RealReal is proving it is on to something big.

Read this on Forbes.

3.) How analytics and digital will drive next-generation retail merchandising

As merchandising in retail continues to evolve with the integration of analytics and other digital solutions, merchants need to become much more nimble and ready to fulfill customer needs.

Read this on McKinsey.

4.) Bloggers Without Borders – 7 of the New Breed of Chinese Global Influencer

International influencers are often some of the most useful key opinion leaders for luxury fashion houses, due to their popularity with fans in both the east and west.

Read this on Jing Daily.

5.) Global luxury brands again chase China's young, rich and spendthrift

Global luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities even as the world’s second-largest economy slows.

Read this on Reuters.

Cover image credit: Coach.

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: Can America Build a Luxury Powerhouse to Rival Europe’s?

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.) Can America Build a Luxury Powerhouse to Rival Europe’s?

The future of Tapestry hinges on a wider portfolio than currently exists.

Read this on Bloomberg.

2.) Luxury Brands Can't Ignore Fashion Reseller The RealReal Anymore

Long dismissed as an opportunistic upstart of little consequence by the luxury establishment, The RealReal is proving it is on to something big.

Read this on Forbes.

3.) How analytics and digital will drive next-generation retail merchandising

As merchandising in retail continues to evolve with the integration of analytics and other digital solutions, merchants need to become much more nimble and ready to fulfill customer needs.

Read this on McKinsey.

4.) Bloggers Without Borders – 7 of the New Breed of Chinese Global Influencer

International influencers are often some of the most useful key opinion leaders for luxury fashion houses, due to their popularity with fans in both the east and west.

Read this on Jing Daily.

5.) Global luxury brands again chase China's young, rich and spendthrift

Global luxury brands from Prada to LVMH are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smaller, less developed cities even as the world’s second-largest economy slows.

Read this on Reuters.

Cover image credit: Coach.

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.

Related articles

RETAIL

Shoppers Want More Personalised Technology In-Stores and Online

RETAIL

Polarisation Strikes Back for the Luxury Industry: Bain

RETAIL

A Neo-Westward Movement: Luxury’s Geo-Expansion In China