2012年6月30日星期六
Stocks finished th June in fine fashion
NEW YORK (TheStreet) - U.S. stocks staged a rally Friday as investors applauded the huge advances in the last EU summit on concrete measures that reached to resolve the debt crisis in the region.
Hearing was unstable in a band of asset classes with gold jumped above $ 50 to $ 1,600 break per ounce, oil is a compelling pauses again above 80 dollars a barrel, strong sales of bonds and the dollar tumbling more than 1% compared to a basket of foreign currencies.
The Dow Jones industrial average rose nearly 278 points or 2.2% to close to 12 880. The blue chip index rose by 1.9% for the week ended June with a gain of nearly 4%. Despite a 2.5% decline in the second quarter, the Dow is now up 5.4% so far in 2012.
The S & P 500 rose 33 points or 2.5% in 1362 to terminate the right to its high for the day. The benchmark index rose by 2% for the week, putting up 4% for the month. Although the S & P 500 fell by 3.3% during the quarter, it will be appreciated by 8.3% since the beginning.
The Nasdaq rose 86 points or almost 3% to $ 2,935, logging its fourth straight weekly gain. The index booked a rise of 1.5% for the week and added 3.8% in June for the year, the Nasdaq has lost 12.7%, but 5% in the second quarter.
The three major averages managed to capture their first simultaneous gains in June since 2004. The Dow Jones closed 29 of the 30 components higher, led by Bank of America (BAC_), Boeing (BA_), Cisco (CSCO_), General Electric (GE_), Hewlett-Packard (HPQ_), Intel (INTC_), and United Technologies (UTX_), which won all of them more than 3%.
JPMorgan Chase (JPM_) was the only blue chip to close in negative territory. The bank's shares fell was nominally extending lower Thursday after a media report said losses in its credit derivatives reached a bad deal 9000000000 $.
All ten large-cap sectors advanced with the basic materials, capital goods, conglomerates, energy and synchronization technology in the strongest sectors of the show.
Gainers exceeded losers in a ratio of more than 6-in-1 on the NYSE and by more than 5 to 1 on Nasdaq.
The EU leaders agreed in the night to take action to reduce borrowing costs and Italy Spain and relax the rules for eavesdropping in emergency funds to stimulate the ailing banking system in Spanish. They also had a $ 149 billion plan for economic growth in the euro zone.
"Several things happened that should not simply refuse to be," said Dan Greenhaus, Chief Global Strategist at BTIG. But "as we have long said that the only" real ", where at the end of this crisis, certainly implies a EUR TARP (Troubled Asset Relief Program) program of style, we are again a little disappointed."
"The crucial question," said Marty Leclerc, chief investment officer at Advisors courtyard of the barracks, is that "The Europeans have not yet decided which ultimately means that living in Euro-land, and in this country as a union of € exist, policy makers need to find a way to imbalances that creates a union to be done. "
Jeffrey Sica, director of SICA Wealth Management said, this time, it maintains short positions in most U.S. stock indexes over concerns of dwindling stocks due to the interdependence between U.S. and European banks. However, "we will avoid the increased short positions in the U.S. stock market because of the likelihood that our central bank will use the promise of greater liquidity to stabilize share prices."
2012年6月29日星期五
Simon Group Wins Gold Hermes Award for Ingersoll Rand product launch worldwide
The Simon Group Inc., an award-winning, full service business-to-business marketing communications agency specializing in high technology and financial industry, won a 2012 Gold Hermes recently Creative. The agency won for "It's in the Air" campaign designed to the client, Ingersoll Rand, the support of the R-Series product launch rotary compressors.
Prices Hermes Creative Awards is an international of the Association of Marketing and Communication Professionals (GCAP) for creative professionals in designing, editing and design of traditional and new media involved.
"A lot of time and effort in the creative side of a product launch, from initial concept and slogan and graphics at any point," said Mark Matyas, a senior art director at Simon Group. "C is a great honor to win this recognition from others, very successful creative campaigns."
Included in the presentation were: "It is in the air", ads, posters, folders, product information in three different languages, the explosion of electronic mail, a product brochure, window stickers, vinyl banners, site web, a slogan , a QR code and custom branded flash drives. The launch was designed to integrate internal and external communications.
Judges, senior creative professionals from GCAP selected, evaluated more than 4,700 entries on the basis of each input apparent creative achievement. The winners will be selected on the basis of a consensus system, and the judge judges agreed on a score of 100 points.
The competition consists of 179 categories in advertising, publications, marketing / branding, integrated marketing, public relations and communications, electronic media and pro bono groups. Entries that have received the Gold Award were selected in order to meet the high standards of the industry standard.
Founded in 1997, the award was developed Hermes, the role of careers in marketing and communications as effectively represented messengers and creators of materials and programs.
Founded in 1986, the Simon Group Inc. specializes in marketing high technology and industrial customers, particularly in electronics, instrumentation, military / aerospace, construction and test and measurement technology. Based in a restored farmhouse from the 18th Century fields in Sellersville (Bucks County), Pennsylvania, has the agency customers around the world.
2012年6月28日星期四
Armani is expanding and more men from Milan Spring 2013 Gucci, Alexander McQueen and Fendi
Shows in the Spring 2013 men were wrapped in Milan. Here is a look at some of the most memorable collections. Check out our first installment here.
Giorgio Armani: It was a relaxed, casual look that prevailed at the show this season, Giorgio Armani. But unlike many performances to date men who had casually in a sports-management, there was nothing remotely track and to clean, straight cuts, each of them was perfect on all the bodies of the models.
Alexander McQueen: It was Gustav Klimt met Hugh Hefner at the show this season, Alexander McQueen, printed with the suits and monochrome, and a variety of features including shiny metal separates.
Gucci: Sure, there were some looks debonair in black and white, but turned Gucci collection this season is all about color. Green, yellow, pink, orange, and made their way in droves, and with an impeccable tailoring, whether it is appropriate to a sharp suit or a sweater to work, all eyes.
Fendi: prints this season, Silvia Fendi with textured fabrics (think crocodile and eel skin), blended for a sleek, avant-garde collection.
2012年6月27日星期三
Bill to regulate medical-pot made in California for now
Industry SAN FRANCISCO California medical marijuana and critics argue that it will be a front for illegal drug traffic must wait at least a year for the state, a system of licensing and regulation to establish pot shops and producers.
Assemblyman Tom Ammiano on Monday fired his bill that would have appointed a board to oversee the activities of the veterinary and medical marijuana have created. The delay allows a Senate committee that deals with professional licenses to operate, research and a public hearing on this issue, while preventing the measure from death.
AB2312 has passed just prior to the meeting last month, but Ammiano said it was unlikely that the Standing Senate Committee on Business, Professions and Economic Development, or whether the Governor Jerry Brown signed the bill would have if they do it from the legislature.
Instead, he agreed and the committee chairman Senator Curren Price, D-Los Angrles, senators to give time to evaluate and possibly amend the proposed Ammiano once during the legislative period ends. The San Francisco Democrat, said he hoped for a revised version of the bill next year.
"I want the voices and I want to be signed by the Governor of this thing," he said. "There are still some success in. We wrapped up and best of all: The Commission itself is now a partner with me, they will help these pastors."
The measure was modeled Ammiano put on hold after a ballot in favor of the initiative that medical marijuana conceived last winter, after the four magistrates of the federal government with headquarters in California, a co-ordinated action against the dispensaries and producers were launched mostly sold in huge profits pot to people who do not hold ill.
Ammiano and others, including State Attorney General Kamala Harris had argued that the industry of the state medical marijuana, which works with virtually any control, a less tempting target would be, if California were able to show that they did their part in this pot Stores that are no hard pressed to meet with the liberal state laws on medical marijuana to eliminate.
The proposed framework would Ammiano clinics marijuana growers, delivery services and manufacturers of products in glass jars have been required to register with the state. It also would have forced cities and counties to authorize prohibit gained a clinic at least 50,000 residents, officials voter approval.
To take the measure of the Assembly, where he squeaked by at least 41 votes, agreed the assemblyman, to change it so could put the city council or supervisory body of a ban on their own, as legislators in the California courts completed more than 170 already . He has also decided to demand a cap on local government taxes companies could raise medical marijuana.
Changes in the cost of supporting the bill with the defenders of medical marijuana, which now look alike to us, the nationwide scheme combined have put on hold, the Americans for safe access support Word of Kris Hermes said on Tuesday.
"In a way, a lot of progress has been made, but we are also happy to return to the drawing board to ensure that we are all on the same side with respect to this bill that is supposed to help," said Hermes.
Assemblyman Tom Ammiano on Monday fired his bill that would have appointed a board to oversee the activities of the veterinary and medical marijuana have created. The delay allows a Senate committee that deals with professional licenses to operate, research and a public hearing on this issue, while preventing the measure from death.
AB2312 has passed just prior to the meeting last month, but Ammiano said it was unlikely that the Standing Senate Committee on Business, Professions and Economic Development, or whether the Governor Jerry Brown signed the bill would have if they do it from the legislature.
Instead, he agreed and the committee chairman Senator Curren Price, D-Los Angrles, senators to give time to evaluate and possibly amend the proposed Ammiano once during the legislative period ends. The San Francisco Democrat, said he hoped for a revised version of the bill next year.
"I want the voices and I want to be signed by the Governor of this thing," he said. "There are still some success in. We wrapped up and best of all: The Commission itself is now a partner with me, they will help these pastors."
The measure was modeled Ammiano put on hold after a ballot in favor of the initiative that medical marijuana conceived last winter, after the four magistrates of the federal government with headquarters in California, a co-ordinated action against the dispensaries and producers were launched mostly sold in huge profits pot to people who do not hold ill.
Ammiano and others, including State Attorney General Kamala Harris had argued that the industry of the state medical marijuana, which works with virtually any control, a less tempting target would be, if California were able to show that they did their part in this pot Stores that are no hard pressed to meet with the liberal state laws on medical marijuana to eliminate.
The proposed framework would Ammiano clinics marijuana growers, delivery services and manufacturers of products in glass jars have been required to register with the state. It also would have forced cities and counties to authorize prohibit gained a clinic at least 50,000 residents, officials voter approval.
To take the measure of the Assembly, where he squeaked by at least 41 votes, agreed the assemblyman, to change it so could put the city council or supervisory body of a ban on their own, as legislators in the California courts completed more than 170 already . He has also decided to demand a cap on local government taxes companies could raise medical marijuana.
Changes in the cost of supporting the bill with the defenders of medical marijuana, which now look alike to us, the nationwide scheme combined have put on hold, the Americans for safe access support Word of Kris Hermes said on Tuesday.
"In a way, a lot of progress has been made, but we are also happy to return to the drawing board to ensure that we are all on the same side with respect to this bill that is supposed to help," said Hermes.
2012年6月26日星期二
Hermes demand, Aviva stock exchange on sustainability reporting
Aviva plc (AV /) and Hermes Asset Management Ltd. urge grants to improve the way companies report on sustainability, leading to calls from investors to establish common international standards.
They are non-governmental groups at a UN forum in Rio de Janeiro will be linked to opportunities to make emphasis on the financial industry in the long term problems such as environmental degradation and discuss energy efficiency.
Organizations seeking to standardize and improve the sustainability reporting, which originated the use of water-emission according to different rules on global stock markets over the past decade. Today's meeting is the talks with Rio 20 summit this week in the same city, where delegates from 190 countries discussed measures to eradicate poverty while resulting environmental degradation.
"We want the world to start their financial capital in the right direction," said David Pitt-Watson, Hermes Management and a senior adviser to Deloitte Consulting. "We say, let us a friendly regime with comparable data. Most people say it's obvious when you understand it."
Stock exchange in Sao Paulo, Copenhagen, Johannesburg and Singapore have already begun to require Members to any significant environmental risks, social, governance and reporting in a manner that would allow investors to make comparisons. Others still need to make to such requests.
Five scholarships
Two of them, in Sao Paulo and Johannesburg, today announced with Nasdaq OMX Group Inc. (NDAQ) (NDAQ) and New York stock exchanges in Istanbul, Turkey and Egypt, its listed companies for 4600 to promote moderation and report on environmental and governance issues as emissions of greenhouse gas emissions, water consumption and the equality of the sexes.
"The problem with some of the sustainability reports is that they are not really material, and they are not as relevant as they should be," said David Blood, co-founder of Generation Investment Management with former U.S. Vice President Al Gore. Companies must work harder to "make the material and make it relevant," he said in an interview.
Institutional investors have pushed for better standards in the reports, since they consider a broader range of issues affecting the quality of their investments.
Social Metrics
The efforts of companies, sectors and all major accounting and tax advisors, the performance measures on environmental, social and governance, or ESG to reinvent the show to challenge. Although some indicators, such as emissions or water use, are easier to standardize, are social measures, such as disk or diversity in the workforce or community relations to judge difficult.
The stock markets provide a forum for investors and companies to negotiate these issues. The change makes everything possible framework for the world the way public companies report to the potentially important.
"We expect companies commitments to make to improve their reporting on renewable energy and sustainability goals," said Jacob Scherr, director of global strategy and advocacy at the Natural Resources Defense Council in Washington, who will attend today's meeting.
The most important stock exchange in Brazil, Bovespa, has a policy issued in January recommended that listed companies to explain, explain the ESG data, and if not, why not. This month he announced the first results of its "report or explain" project, the sustainability analysis information to the end of May.
Denmark Compliance
The Copenhagen Stock Exchange, NASDAQ OMX owned by, a "comply or explain" principle of transparency, corporate governance, according to spokesman Javier Lopez. "There is a demand that the government until early 1100 is companies that needed to be documented social responsibility," he said.
Aviva suffered the UK's largest insurer, Munich Re and other investors have been working with the UN to achieve on the stock exchanges campaign, a global reporting requirements.
The initiative will help investors assess the sustainability efforts of a company on an "apples to apples" basis, Abengoa SA (ABG) CEO Manuel Sanchez Ortega said in an interview with the New York Stock Exchange. (NYX) (NYX) "If you're a system in the world, it is very important," he said.
While in Europe, South Africa and Brazil require the efforts of more reports, have led to the replacement demand of the United States have no plans of companies to report risks associated with climate change, consumption of water or the diversity in the workplace .
No mandates
"We have no mandates for our listed companies in terms of sustainability reporting," said Rich Adamonis, a spokesman for the New York Stock Exchange. "We have no position to do so."
According to London-based Aviva is the NYSE in the majority, with 57 percent of world trade is no advice to companies on sustainability reporting.
Meanwhile, the voluntary declaration on sustainable development with increased measures of investor demand. Signatory companies to the Global Compact of the UN sponsored jumped by 54 percent last year, more than 7000th The organization is the world's largest voluntary campaign to introduce standards on sustainability issues.
U.S. companies operating in areas that require sustainability reporting requirements and more complicated than they receive back face, said Hermes-Pitt-Watson.
"Unless we get the framework developed in Rio, it is extremely expensive and take much longer to complete a voluntary," said Pitt-Watson. "There will be hundreds of different regulations."
They are non-governmental groups at a UN forum in Rio de Janeiro will be linked to opportunities to make emphasis on the financial industry in the long term problems such as environmental degradation and discuss energy efficiency.
Organizations seeking to standardize and improve the sustainability reporting, which originated the use of water-emission according to different rules on global stock markets over the past decade. Today's meeting is the talks with Rio 20 summit this week in the same city, where delegates from 190 countries discussed measures to eradicate poverty while resulting environmental degradation.
"We want the world to start their financial capital in the right direction," said David Pitt-Watson, Hermes Management and a senior adviser to Deloitte Consulting. "We say, let us a friendly regime with comparable data. Most people say it's obvious when you understand it."
Stock exchange in Sao Paulo, Copenhagen, Johannesburg and Singapore have already begun to require Members to any significant environmental risks, social, governance and reporting in a manner that would allow investors to make comparisons. Others still need to make to such requests.
Five scholarships
Two of them, in Sao Paulo and Johannesburg, today announced with Nasdaq OMX Group Inc. (NDAQ) (NDAQ) and New York stock exchanges in Istanbul, Turkey and Egypt, its listed companies for 4600 to promote moderation and report on environmental and governance issues as emissions of greenhouse gas emissions, water consumption and the equality of the sexes.
"The problem with some of the sustainability reports is that they are not really material, and they are not as relevant as they should be," said David Blood, co-founder of Generation Investment Management with former U.S. Vice President Al Gore. Companies must work harder to "make the material and make it relevant," he said in an interview.
Institutional investors have pushed for better standards in the reports, since they consider a broader range of issues affecting the quality of their investments.
Social Metrics
The efforts of companies, sectors and all major accounting and tax advisors, the performance measures on environmental, social and governance, or ESG to reinvent the show to challenge. Although some indicators, such as emissions or water use, are easier to standardize, are social measures, such as disk or diversity in the workforce or community relations to judge difficult.
The stock markets provide a forum for investors and companies to negotiate these issues. The change makes everything possible framework for the world the way public companies report to the potentially important.
"We expect companies commitments to make to improve their reporting on renewable energy and sustainability goals," said Jacob Scherr, director of global strategy and advocacy at the Natural Resources Defense Council in Washington, who will attend today's meeting.
The most important stock exchange in Brazil, Bovespa, has a policy issued in January recommended that listed companies to explain, explain the ESG data, and if not, why not. This month he announced the first results of its "report or explain" project, the sustainability analysis information to the end of May.
Denmark Compliance
The Copenhagen Stock Exchange, NASDAQ OMX owned by, a "comply or explain" principle of transparency, corporate governance, according to spokesman Javier Lopez. "There is a demand that the government until early 1100 is companies that needed to be documented social responsibility," he said.
Aviva suffered the UK's largest insurer, Munich Re and other investors have been working with the UN to achieve on the stock exchanges campaign, a global reporting requirements.
The initiative will help investors assess the sustainability efforts of a company on an "apples to apples" basis, Abengoa SA (ABG) CEO Manuel Sanchez Ortega said in an interview with the New York Stock Exchange. (NYX) (NYX) "If you're a system in the world, it is very important," he said.
While in Europe, South Africa and Brazil require the efforts of more reports, have led to the replacement demand of the United States have no plans of companies to report risks associated with climate change, consumption of water or the diversity in the workplace .
No mandates
"We have no mandates for our listed companies in terms of sustainability reporting," said Rich Adamonis, a spokesman for the New York Stock Exchange. "We have no position to do so."
According to London-based Aviva is the NYSE in the majority, with 57 percent of world trade is no advice to companies on sustainability reporting.
Meanwhile, the voluntary declaration on sustainable development with increased measures of investor demand. Signatory companies to the Global Compact of the UN sponsored jumped by 54 percent last year, more than 7000th The organization is the world's largest voluntary campaign to introduce standards on sustainability issues.
U.S. companies operating in areas that require sustainability reporting requirements and more complicated than they receive back face, said Hermes-Pitt-Watson.
"Unless we get the framework developed in Rio, it is extremely expensive and take much longer to complete a voluntary," said Pitt-Watson. "There will be hundreds of different regulations."
2012年6月25日星期一
Comedy triumphs in the test phase
A trial in the United States has protected the rights of consumers to parody and humor in a decision that should bring relief to fans of film and comedy.
A judge dismissed the case against Louis Vuitton knockoff Warner Brothers on a handbag that made a brief appearance in 30 seconds hangover Hollywood flop II, officials said.
"We are very pleased with the decision of the court satisfied," said a spokesman for Warner Brothers.
In the film, actor Zach Galifianakis carries a bag with a monogram LVM. If someone knocks in his pocket, he said, "Look, it's a Lewis (instead of Louis) Vuitton."
The case of violation of the Chinese company has been Diophy American.
Louis Vuitton, a fashion and leather goods division of LVMH has sued Warner Brothers, the production company behind the film in December 2011, citing a "false designation of origin / unfair competition" and "brand dilution."
The camp Vuitton has argued that "consumers believe the bag Diophy (the movie) was actually a real Louis Vuitton" and "Lewis Vuitton" comment was a "quote feature film."
Federal Judge Andrew Carter was determined to prove Vuitton without sufficient evidence for his claim that it was "highly unlikely" that the public will be able to fake Louis Vuitton's 30 seconds was seen on the screen.
It was the second indictment for Hangover II, a slapstick comedy in which two men traveling to Bangkok for the wedding of their friend. In the first trial, an Australian stuntman sued Warner Brothers for injuries incurred during filming.
2012年6月21日星期四
luxury items fastening off as a business
Xie candy clerks sent her Gucci bag in a small shop near the World Trade Center in Beijing, after the dealer has promised to remove ink stains from 300 yuan (47.1 million).
"I had to refuse because of the brand franchise store," said the 28-year-old.
Xie is set to only one of hundreds of millions of luxury consumers in China, the difficulties in maintaining its leading brand products.
The manufacturer of premium brands are not usually responsible for cleaning and repairing broken dirty may take some time, because very few famous designers maintenance plants in China. Often a damaged thing must be returned to the country of origin.
This absence creates opportunities for Chinese entrepreneurs who have been with open arms in the past two years has received.
Employ landscape of Beijing luxury leather repair and maintenance Co Ltd, a small company with a luxury goods business since 2010, is a monthly income of more than 150,000 yuan from his repair business and interview, Wang Ruilin, director of corporate marketing.
The costs vary depending on the service, said Wang. In general, a price for the work 250-500 yuan, but some consumers spent thousands of yuan in the store, because their property requires multiple procedures, to reduce it to a primitive state.
In addition to maintenance and repair, some customers require, changes, because the design of luxury goods' origin is not suitable for the Chinese people, Wang told China Daily.
"The most popular items include belt," said Wang. "The international luxury brands have their belts too long and Chinese customers have cut six to eight inches."
The problem is, of course, what happens if the manufacturer of luxury brands decide to focus on this aspect of the market.
But in today's business world do not show a lack of confidence in their future.
"We can cooperate with luxury brands, if they want," said Li Rixue, president of China Secoo, a company working on the sale of second-hand high-end products, maintenance and other companies associated with products luxury.
The international luxury brands are not entirely new maintenance building factories in China. It costs them a lot. Rather, the cooperation with those already on the market is the best way forward for luxury brands, Li said.
"I had to refuse because of the brand franchise store," said the 28-year-old.
Xie is set to only one of hundreds of millions of luxury consumers in China, the difficulties in maintaining its leading brand products.
The manufacturer of premium brands are not usually responsible for cleaning and repairing broken dirty may take some time, because very few famous designers maintenance plants in China. Often a damaged thing must be returned to the country of origin.
This absence creates opportunities for Chinese entrepreneurs who have been with open arms in the past two years has received.
Employ landscape of Beijing luxury leather repair and maintenance Co Ltd, a small company with a luxury goods business since 2010, is a monthly income of more than 150,000 yuan from his repair business and interview, Wang Ruilin, director of corporate marketing.
The costs vary depending on the service, said Wang. In general, a price for the work 250-500 yuan, but some consumers spent thousands of yuan in the store, because their property requires multiple procedures, to reduce it to a primitive state.
In addition to maintenance and repair, some customers require, changes, because the design of luxury goods' origin is not suitable for the Chinese people, Wang told China Daily.
"The most popular items include belt," said Wang. "The international luxury brands have their belts too long and Chinese customers have cut six to eight inches."
The problem is, of course, what happens if the manufacturer of luxury brands decide to focus on this aspect of the market.
But in today's business world do not show a lack of confidence in their future.
"We can cooperate with luxury brands, if they want," said Li Rixue, president of China Secoo, a company working on the sale of second-hand high-end products, maintenance and other companies associated with products luxury.
The international luxury brands are not entirely new maintenance building factories in China. It costs them a lot. Rather, the cooperation with those already on the market is the best way forward for luxury brands, Li said.
Fashion Design Contest Winner and Judge inspirare Favorites
Social-networking site, Inspirare.com, launched in April, to help emerging designers get exposure and launch their career design.
How it works: fashion designer, an online portfolio of inspirare where they invite fashion sketches and pictures of finished designs to create. Users browsing inspirare portfolio and vote on their favorite models. The most popular models, which are approved by the team inspirare are produced and sold exclusively at Inspirare.com. Inspirare offers 100% financing and licensing fees generous hand with designers.
Fashion designers are invited to submit their creations permanently Inspirare.com their portfolios inspirare produce the best product portfolio on a regular basis and sell them to the store inspirare (planned for launch in September).
The site was a fashion design competition, which ended in May. There were over 150 entries from 23 countries compete.
Following intensive consultations, agreed the teams and their inspirare inspirare jury on the winning design. The fashion designer Alejandra Coss of Puebla, Mexico won the competition for the design, marble Miss Inspirare.com will produce the dress and sell them exclusively at their online store. Designer Alejandra Coss receive 20% commission on the sale.
Inspirare fashion director, Kate Bright, has this to say about the dress of Miss Marble, "you can see, this dress is a nod to several trends, such as epics, cutouts and sheer panels, but it is a unique way of dressing explore deals. both a print and an interesting two-tone colors that can consider ourselves to its versatility and design lines well. I also like the presentation of his view of fashion. All pictures in this presentation design are visually interesting, and serve a purpose . I think the dress Miss Marble is a piece that many women seek different, because it is a perfect party dress or an event. "
Inspirare judge, Lorraine Sander, SF Independent Fashion, Style Digital Digest, San Francisco Chronicle and Bytes column style design favored RDVB Anca Miron.
Lorraine said:. "The possibilities of multi-wear design that immediately caught my attention, this is indeed an urban appearance that would most likely use of a customer who already loves to take risks associated with fashion, there are large Versatility in the cut and the shape of the garments. you could so easily take to the streets of Stockholm, as they could, in New York or Tokyo. creativity in the tender for the construction, versatility and makes this world out look to stand. "
RDVB by Anca Miron scored high enough that the judges for the production can be Inspirare.com should be considered.
Founder and Style Bust inspirare judges fell in love with Nikki Lindgren Texas Crowned Bird-shirt Pipit pencil.
Nikki says:. "Printing Pencil Skirt Pipit so original, yet so commercially, the cup is flattering to many body types and the length is true I think birds Crowned did a great job with this rock Once the rock is on the streets.. is worn, it will be a quickie! "
Crowned by Pipit skirt up enough birds of the judges that it can be used for the production of Inspirare.com marks are taken into account.
Academy of Art University Style and coordinator inspirare judge, Morton Flora is a fan of the pink dress from Denis Predescu architecture.
Flora said... "The dress is urban, is still high building architecturally, and it is perfectly executed, the choice of fabrics and colors are modern, and gives new impetus to the color blocking, the garment has a true vision of personal designer. The photo shoot communicates a level of good taste and simplicity, which evens out the clothes. I regret that the 2D drawing is not as strong as the dress itself. "
Architecture Rose Denis Predescu scored high enough that the judges for the production can be Inspirare.com should be considered.
Finally, does Kate Blank of inspirare his favorite design, a dream of Black & White, of Kacii.
Kate has this to say about the design:... "I like the jacket in the project file, the designer drapes and folds of the fabric has a really nice and interesting Accustomed to me it looks like a kind of neatly folded piece of origami, this is not only technically innovative and beautiful, but very portable and stylish. "
All models can be found under Inspirare.com discovery of the site be found.
The complete list of the 30 winners of the competition starting inspirare design:
First Place:
Alejandra De Coss, Miss Marble
WINNERS second Place:
Ioana Ciolacu touch, can not this sweater
Melissa Christianson, through clothes
Mau Alfaro, Rock Monster Beauty
Denis Predescu, pink architectural
Ioana Ciolacu dress Oblio
WINNERS 3rd Place:
NTK Studio Jumpsuit
Veritee Hill, La'Aprel
Anca Miron, RDVB = DRESS, vest, blouse, RECTANGLE
Melissa Christianson, Cape Grace
APJ, Monster Hospital
Crowned bird, Fisher King Suit
Anca Miron, TSO = A pants-skirt, all
Melissa Christianson, with rock
Veritee Hill, The Serpent
NTK club, a jacket and tunic
Nami, Bella Dress
Crowned bird, Rock Pipit
Jerviz Aranda, BiSect
Galeana, Dori blouse
Tiff_C tails Galilee
Kacaii, A dream in black and white
Segmoro, GBA
Kacaii, Dreaming of Black and White (2)
William Poon, Willows tonight
Audrey Szeto, talismans toxic
Galeana, Inamm
William Poon, wisdom of Rural
Audrey Szeto, Comfort Zone
Pilar Aguilar, Clinica 012 Naturaleza
How it works: fashion designer, an online portfolio of inspirare where they invite fashion sketches and pictures of finished designs to create. Users browsing inspirare portfolio and vote on their favorite models. The most popular models, which are approved by the team inspirare are produced and sold exclusively at Inspirare.com. Inspirare offers 100% financing and licensing fees generous hand with designers.
Fashion designers are invited to submit their creations permanently Inspirare.com their portfolios inspirare produce the best product portfolio on a regular basis and sell them to the store inspirare (planned for launch in September).
The site was a fashion design competition, which ended in May. There were over 150 entries from 23 countries compete.
Following intensive consultations, agreed the teams and their inspirare inspirare jury on the winning design. The fashion designer Alejandra Coss of Puebla, Mexico won the competition for the design, marble Miss Inspirare.com will produce the dress and sell them exclusively at their online store. Designer Alejandra Coss receive 20% commission on the sale.
Inspirare fashion director, Kate Bright, has this to say about the dress of Miss Marble, "you can see, this dress is a nod to several trends, such as epics, cutouts and sheer panels, but it is a unique way of dressing explore deals. both a print and an interesting two-tone colors that can consider ourselves to its versatility and design lines well. I also like the presentation of his view of fashion. All pictures in this presentation design are visually interesting, and serve a purpose . I think the dress Miss Marble is a piece that many women seek different, because it is a perfect party dress or an event. "
Inspirare judge, Lorraine Sander, SF Independent Fashion, Style Digital Digest, San Francisco Chronicle and Bytes column style design favored RDVB Anca Miron.
Lorraine said:. "The possibilities of multi-wear design that immediately caught my attention, this is indeed an urban appearance that would most likely use of a customer who already loves to take risks associated with fashion, there are large Versatility in the cut and the shape of the garments. you could so easily take to the streets of Stockholm, as they could, in New York or Tokyo. creativity in the tender for the construction, versatility and makes this world out look to stand. "
RDVB by Anca Miron scored high enough that the judges for the production can be Inspirare.com should be considered.
Founder and Style Bust inspirare judges fell in love with Nikki Lindgren Texas Crowned Bird-shirt Pipit pencil.
Nikki says:. "Printing Pencil Skirt Pipit so original, yet so commercially, the cup is flattering to many body types and the length is true I think birds Crowned did a great job with this rock Once the rock is on the streets.. is worn, it will be a quickie! "
Crowned by Pipit skirt up enough birds of the judges that it can be used for the production of Inspirare.com marks are taken into account.
Academy of Art University Style and coordinator inspirare judge, Morton Flora is a fan of the pink dress from Denis Predescu architecture.
Flora said... "The dress is urban, is still high building architecturally, and it is perfectly executed, the choice of fabrics and colors are modern, and gives new impetus to the color blocking, the garment has a true vision of personal designer. The photo shoot communicates a level of good taste and simplicity, which evens out the clothes. I regret that the 2D drawing is not as strong as the dress itself. "
Architecture Rose Denis Predescu scored high enough that the judges for the production can be Inspirare.com should be considered.
Finally, does Kate Blank of inspirare his favorite design, a dream of Black & White, of Kacii.
Kate has this to say about the design:... "I like the jacket in the project file, the designer drapes and folds of the fabric has a really nice and interesting Accustomed to me it looks like a kind of neatly folded piece of origami, this is not only technically innovative and beautiful, but very portable and stylish. "
All models can be found under Inspirare.com discovery of the site be found.
The complete list of the 30 winners of the competition starting inspirare design:
First Place:
Alejandra De Coss, Miss Marble
WINNERS second Place:
Ioana Ciolacu touch, can not this sweater
Melissa Christianson, through clothes
Mau Alfaro, Rock Monster Beauty
Denis Predescu, pink architectural
Ioana Ciolacu dress Oblio
WINNERS 3rd Place:
NTK Studio Jumpsuit
Veritee Hill, La'Aprel
Anca Miron, RDVB = DRESS, vest, blouse, RECTANGLE
Melissa Christianson, Cape Grace
APJ, Monster Hospital
Crowned bird, Fisher King Suit
Anca Miron, TSO = A pants-skirt, all
Melissa Christianson, with rock
Veritee Hill, The Serpent
NTK club, a jacket and tunic
Nami, Bella Dress
Crowned bird, Rock Pipit
Jerviz Aranda, BiSect
Galeana, Dori blouse
Tiff_C tails Galilee
Kacaii, A dream in black and white
Segmoro, GBA
Kacaii, Dreaming of Black and White (2)
William Poon, Willows tonight
Audrey Szeto, talismans toxic
Galeana, Inamm
William Poon, wisdom of Rural
Audrey Szeto, Comfort Zone
Pilar Aguilar, Clinica 012 Naturaleza
2012年6月20日星期三
Robert Pattinson Gets Gucci-style tips!
Robert Pattinson Twilight song reveals her secret to looking super sharp on the red carpet at any time - he gets advice from style, creative director of Gucci, Frida Giannini!
And it looks like a gloss, they took him right (I wonder why?) When they designed and created clothing for dapper Rob "Cosmopolis" new film by David Cronenberg.
But it has now been launched, as the Italian designer has a special relationship with R-Patz, and is only a phone call. I think it's safe to say we are well-JEL.
Talk to GQcom said Rob:'' She taught me one thing - you really should have good contacts at Gucci.''
'' They are absolutely incredible. The amount of time I was stuck in a city at random and have called and if things had taken absolutely at the last minute -. It's crazy'' What is a young man with a woman blessed Giannini wrapped around her little finger ...
And it looks like he learned a lot about fashion hang with the high-end designers.
He said:'' You can do crazy things [the color] if you have incredibly classic fit, really well done. I think I was pretty boring for a while.''
'' Before, I was much more interesting with them. Well, I've only ever ask for things, two days before: "Can you save 25 costumes I do not know what I want to wear!"
We hope girlfriend Kristen is cool with her boyfriend R-Patz messages. We could never imagine why she is so generous to the actor ...
2012年6月19日星期二
Chinese Fake-banksters dismantled
In a China full of fake iPhones, pirated DVDs and knockoff Louis Vuitton bags, a rice trader
has developed a new perspective on the lie. Counterfeit bank, all of them?
In a China full of fake iPhones, pirated DVDs and knockoff Louis Vuitton bags, a rice trader has
developed a new perspective on the lie. Counterfeit bank, all of them?
Lin Chunping shot to fame in Wenzhou - a center for private companies in China - after claiming
he had the so-called Bank of America over the Atlantic.
The new earned him praise from officials and local media.
"People were shocked that the businessman who bought an obscure foreign bank, and it was an
American bank, no less. It was not even a banker to start," said Zhu Xiaochuan, CEIBS Lujiazui
researcher at the Institute of International Finance in Shanghai. "The new" must "be credible
because he was in the mainstream media. The audience was amazed at how rich businessmen from
Wenzhou were amazed."
He was later appointed to an advisory committee of the legislature of the eastern city as a
reward for the successful penetration of the U.S. banking market.
But not only did not buy BankAtlantic Lin for $ 60 million, he claimed, was determined that the
bank does not simply exist.
In a complicated system, Lin estimated tax bills issued in more than 100 million yuan (U.S. $
15.73 million) through his company on the basis of fraudulent transactions and then sold to other
companies in the country to reduce their tax burden, police said.
Lin Chunping was arrested in early June on an unrelated fraud.
-
Bull market: the widespread fraud
But does the 41-year-old from dramatic rise and fall, as the fraud is widespread in China - from
the manufacture of products for the imitation of all institutions and careers.
Last year, officers found five fake Apple stores in the southwestern city of Kunming. They were
modeled after the flagship stores of the company in the United States, the spiral stairs and
people in blue shirts.
There are other examples of fraud widespread in China. Early June, subject to the local press in
east China's Shandong Province, a fake university.
He gave to students who did not score high enough on the national college entrance examination.
They paid about 30,000 yuan ($ 4,800) over four years to attend events organized by the
Institute.
A few weeks before graduation, she learned she would not receive diplomas because they are not
officially in the school.
It turned out they were attending a training for private rents space from the institute, the
Times wrote of the state run in Jinan. Program organizers have vanished, the newspaper reported.
Experts point to many reasons for the ruthlessness of the need to be extremely competitive in a
crowded society to an old sage who condoned lying, to attain a higher purpose.
If the bank was exposed to non-existent Lin March, he announced to reporters that he had
"exaggerated" to increase his social status and attract future prospects in the banking sector.
Maybe he's finally telling the truth.
has developed a new perspective on the lie. Counterfeit bank, all of them?
In a China full of fake iPhones, pirated DVDs and knockoff Louis Vuitton bags, a rice trader has
developed a new perspective on the lie. Counterfeit bank, all of them?
Lin Chunping shot to fame in Wenzhou - a center for private companies in China - after claiming
he had the so-called Bank of America over the Atlantic.
The new earned him praise from officials and local media.
"People were shocked that the businessman who bought an obscure foreign bank, and it was an
American bank, no less. It was not even a banker to start," said Zhu Xiaochuan, CEIBS Lujiazui
researcher at the Institute of International Finance in Shanghai. "The new" must "be credible
because he was in the mainstream media. The audience was amazed at how rich businessmen from
Wenzhou were amazed."
He was later appointed to an advisory committee of the legislature of the eastern city as a
reward for the successful penetration of the U.S. banking market.
But not only did not buy BankAtlantic Lin for $ 60 million, he claimed, was determined that the
bank does not simply exist.
In a complicated system, Lin estimated tax bills issued in more than 100 million yuan (U.S. $
15.73 million) through his company on the basis of fraudulent transactions and then sold to other
companies in the country to reduce their tax burden, police said.
Lin Chunping was arrested in early June on an unrelated fraud.
-
Bull market: the widespread fraud
But does the 41-year-old from dramatic rise and fall, as the fraud is widespread in China - from
the manufacture of products for the imitation of all institutions and careers.
Last year, officers found five fake Apple stores in the southwestern city of Kunming. They were
modeled after the flagship stores of the company in the United States, the spiral stairs and
people in blue shirts.
There are other examples of fraud widespread in China. Early June, subject to the local press in
east China's Shandong Province, a fake university.
He gave to students who did not score high enough on the national college entrance examination.
They paid about 30,000 yuan ($ 4,800) over four years to attend events organized by the
Institute.
A few weeks before graduation, she learned she would not receive diplomas because they are not
officially in the school.
It turned out they were attending a training for private rents space from the institute, the
Times wrote of the state run in Jinan. Program organizers have vanished, the newspaper reported.
Experts point to many reasons for the ruthlessness of the need to be extremely competitive in a
crowded society to an old sage who condoned lying, to attain a higher purpose.
If the bank was exposed to non-existent Lin March, he announced to reporters that he had
"exaggerated" to increase his social status and attract future prospects in the banking sector.
Maybe he's finally telling the truth.
To people known well of Cowskin swing black handbag Pack in 1829
No repair tool is useful clock, unless the problem can be diagnosed correctly. To help this, there are several types of testers available to watch in my pocket - and you can itPrada Handags Cheap Prada Bags on the back of our won every week in my bag features made to order, I must look more than one application of my own pocket ..
A pulse tester is used for quartz movements and is usually a non-invasive tool clock repair. The clock is set to cushion the tester, and if the motion of the pulse is detected, a beep or flash ad (or both) results. Some models have a feature where there is a pulse, but no hand movement, a pulse which is often free, the transmission and the return of the Clock, will send to the functionality. To test the mechanical operation of a quartz clock, Clock Repair is a popular tool, a magnetic tester Prada leather tote handbag sale 9803 Milk White Prada Cosmetic Bags-0126 Cowhide red. These send an impulse to drive the gears and hands, and often this is all that is needed to repair the clock. Waterproof tester, as the name suggests, is to test a watch seal. This watch repair tool to allow the technician to verify that the cases were closed and crystals Prada Laptop Bags collection of "old" Handbags Most Popular Computer bags of Italian fashion house Prada will get a second life. Nine Prada outlet from the period 1991 - 2005 have been reissued in its original form. These are sometimes used by jewelers to demonstrate the tightness of a client and can be an effective sales tool. Waterproof tester can make a significant investment, most models costing over $ 500. Another handy tool is the coil tester clock repair.
These tests are open, the coil circuit and electronic watches, homeless, and are most often used when estimates of repair costs. No set of modern watches repair tools would be complete without a battery tester Prada-out in 1829 Cowskin swing black handbag bag. Many of them are able to test without the need to open the case, and many of them may even be able to receive the call, you are the stars of fashion accessories, handbags with designer names like Louis Vuitton, Prada and Chanel bagsGucci. They test good pieces of testimony, thousands of dollars per race handmade. They are also out of reach for the average woman .. Some offer the ability to deliver a pulse (pulse as the tester), which can often necessary to begin repairs to the watch industry other.
Others will also test the mechanical function of the clock. Depending on the configuration desired, these can be clock repair tools, as cheap as $ 10 or more expensive than $ 75. Tools for watch repair tests are valuable additions to the bench. They facilitate the repair estimates to analyze the problem so that the watchmaker to have been executed correctly if a repair, and in some cases even take care of us for repair.
A pulse tester is used for quartz movements and is usually a non-invasive tool clock repair. The clock is set to cushion the tester, and if the motion of the pulse is detected, a beep or flash ad (or both) results. Some models have a feature where there is a pulse, but no hand movement, a pulse which is often free, the transmission and the return of the Clock, will send to the functionality. To test the mechanical operation of a quartz clock, Clock Repair is a popular tool, a magnetic tester Prada leather tote handbag sale 9803 Milk White Prada Cosmetic Bags-0126 Cowhide red. These send an impulse to drive the gears and hands, and often this is all that is needed to repair the clock. Waterproof tester, as the name suggests, is to test a watch seal. This watch repair tool to allow the technician to verify that the cases were closed and crystals Prada Laptop Bags collection of "old" Handbags Most Popular Computer bags of Italian fashion house Prada will get a second life. Nine Prada outlet from the period 1991 - 2005 have been reissued in its original form. These are sometimes used by jewelers to demonstrate the tightness of a client and can be an effective sales tool. Waterproof tester can make a significant investment, most models costing over $ 500. Another handy tool is the coil tester clock repair.
These tests are open, the coil circuit and electronic watches, homeless, and are most often used when estimates of repair costs. No set of modern watches repair tools would be complete without a battery tester Prada-out in 1829 Cowskin swing black handbag bag. Many of them are able to test without the need to open the case, and many of them may even be able to receive the call, you are the stars of fashion accessories, handbags with designer names like Louis Vuitton, Prada and Chanel bagsGucci. They test good pieces of testimony, thousands of dollars per race handmade. They are also out of reach for the average woman .. Some offer the ability to deliver a pulse (pulse as the tester), which can often necessary to begin repairs to the watch industry other.
Others will also test the mechanical function of the clock. Depending on the configuration desired, these can be clock repair tools, as cheap as $ 10 or more expensive than $ 75. Tools for watch repair tests are valuable additions to the bench. They facilitate the repair estimates to analyze the problem so that the watchmaker to have been executed correctly if a repair, and in some cases even take care of us for repair.
2012年6月18日星期一
Posh fans Dungeons standby
When the day began, Victoria Beckham Posh Spice was still for me.
Unfortunately, the fashion icon, mother and wife of David Beckham Spice Not-So-On-time, before finally turning in Piss Me Off-Spice, if they do not recognize, by almost two hours delay of hundreds of fans who in a sultry Holt Renfrew for a hype-up photo shoot were trapped.
No, the former Spice Girl Friday just walked around on the riser and small turn and pose.
Now I know it's not a smiler and has taken flak (Google "Victoria Beckham smiling" and see why this is not the case), but, wow, what a cool customer. She has not even flinch when called on the Province photographer Jason Payne: "How was the game?" With regard to the fact that Beckham just the right amount of time had since the end it was necessary for England to beat Sweden. in Euro 2012 See, this is how conspiracy theories are born: boredom.
Beckham was in town to celebrate their fashion line. A part of this lunch is 30 special guests (mostly Holt Renfrew customers and some selected media, including the top Canadian fashion magazine and national newspaper publishers).
The rest of us, the local media were crammed into a tiny package. We waited, and we check Twitter, where we thought Beckham was updated with synchronization problems. She tweeted that the plane was late, it was to be retained by Customs and the carpet on the plan was to cross it.
Yes, the horror. Although some of the. Assemblies saved in the British tabloid darling, many of the 20 most fans anything, all dressed in the fashion, like waiting patiently
"I liked his style since the Spice Girls days," said Tiff Alonzo Langley.
Next to her, said the good woman and she Malana style Meg Beck had something in common.
"I'm as good a mother of three boys, I want to see how she is for her children, and she looks like a great mother," said Malana. "I know she has help, of course, but to have four children and look this great. I do not think it from this planet."
No kidding. A member of the band in the world's most famous girl marries one of the most famous athletes in the world and the best looking men evvvvvver. The happy couple has three boys and a brand new baby girl. They are so popular that even Tom Cruise has come to call, when she moved to Los Angeles in 2007, although I think he was wearing brochures.
To top it off have everything in life has Beckham, 38, not only financially successful fashion company built, but a legitimate business fashion capital "F".
Flare magazine editor Lisa Tant said Beckham is talented.
"Other celebrities wear," said So, based on people like Madonna and Cameron Diaz.
"They did not, and if they would just make-fun of Victoria Beckham, she would not touch it."
Unfortunately, the fashion icon, mother and wife of David Beckham Spice Not-So-On-time, before finally turning in Piss Me Off-Spice, if they do not recognize, by almost two hours delay of hundreds of fans who in a sultry Holt Renfrew for a hype-up photo shoot were trapped.
No, the former Spice Girl Friday just walked around on the riser and small turn and pose.
Now I know it's not a smiler and has taken flak (Google "Victoria Beckham smiling" and see why this is not the case), but, wow, what a cool customer. She has not even flinch when called on the Province photographer Jason Payne: "How was the game?" With regard to the fact that Beckham just the right amount of time had since the end it was necessary for England to beat Sweden. in Euro 2012 See, this is how conspiracy theories are born: boredom.
Beckham was in town to celebrate their fashion line. A part of this lunch is 30 special guests (mostly Holt Renfrew customers and some selected media, including the top Canadian fashion magazine and national newspaper publishers).
The rest of us, the local media were crammed into a tiny package. We waited, and we check Twitter, where we thought Beckham was updated with synchronization problems. She tweeted that the plane was late, it was to be retained by Customs and the carpet on the plan was to cross it.
Yes, the horror. Although some of the. Assemblies saved in the British tabloid darling, many of the 20 most fans anything, all dressed in the fashion, like waiting patiently
"I liked his style since the Spice Girls days," said Tiff Alonzo Langley.
Next to her, said the good woman and she Malana style Meg Beck had something in common.
"I'm as good a mother of three boys, I want to see how she is for her children, and she looks like a great mother," said Malana. "I know she has help, of course, but to have four children and look this great. I do not think it from this planet."
No kidding. A member of the band in the world's most famous girl marries one of the most famous athletes in the world and the best looking men evvvvvver. The happy couple has three boys and a brand new baby girl. They are so popular that even Tom Cruise has come to call, when she moved to Los Angeles in 2007, although I think he was wearing brochures.
To top it off have everything in life has Beckham, 38, not only financially successful fashion company built, but a legitimate business fashion capital "F".
Flare magazine editor Lisa Tant said Beckham is talented.
"Other celebrities wear," said So, based on people like Madonna and Cameron Diaz.
"They did not, and if they would just make-fun of Victoria Beckham, she would not touch it."
2012年6月15日星期五
Just One Look | Louis Vuitton
Louis Vuitton was on fire for the use, by playing with the concepts of heat and glare. Nerve
separates in shades of cream and warmed the brown fused nicely with POPs blue and pink dresses
and jackets. Back in a less exaggerated fall had oversized buttons and bell skirts that honored
the movie "Indochine" with Catherine Deneuve have. The film, which in the era of colonization,
French 1930-1950, by the nature of the tribe still large collection, pants, blouses and vests,
including set top romantic getaway, inspired a number of improvements for some spice. Here is a
visor raised with a silk tie that to the occasion with a sequin-and lace dress sleeves.
separates in shades of cream and warmed the brown fused nicely with POPs blue and pink dresses
and jackets. Back in a less exaggerated fall had oversized buttons and bell skirts that honored
the movie "Indochine" with Catherine Deneuve have. The film, which in the era of colonization,
French 1930-1950, by the nature of the tribe still large collection, pants, blouses and vests,
including set top romantic getaway, inspired a number of improvements for some spice. Here is a
visor raised with a silk tie that to the occasion with a sequin-and lace dress sleeves.
Rad Hourani for seniors
Sitting on a terrace on the Place d'Youville, his hair cut and carved, and wearing a white cotton shirt of his own design that resembles a medical uniform, RAD HOURANI began to relax with a glass or two of rosé.
For five years he traveled throughout the fashion capitals of the world and was an outstanding success as a designer made his own desire of luxury unisex clothing modeled by computer and produced in Montreal and around the world.
Thursday, shortly before his 30th Birthday, Hourani heads to Paris to be an incredible task you expect: he is hoping for the first Canadian and creator of the first unisex designs are invited to join the club as an exclusive fashion in the world of the Parisian haute couture.
"We have seen his work, and there is reason to support him because he has talent," said Didier Grumbach, head of the French Federation of Couture, said in a telephone interview. "It's not on the calendar, but I think it should work for the next season," said Grumbach, who show themselves to be invited as a guest.
There are perhaps a dozen regular members of the Association of Employers Federation of Haute Couture - Chanel, Gaultier, Dior, Givenchy, etc. - and a similar number of people. The term haute couture is like an appellation in France, legally protected, and the membership rules are precise and demanding: the Creator must be original, to produce special in their own studio, which at least 20 technical experts and must be at least 25 days and the evening is the finest materials twice a year in Paris on the official calendar.
On 3 Hourani July show his work to about 50 guests in a room at the Canadian Cultural Centre in the 7th District. It is, of course, quite unlike the typical vision of Haute Couture: There is no lace, embroidery, or net, no ball gowns or panels to be. Instead, about 22 Hourani presenting strictly carved, androgynous pieces.
"My biggest challenge is how to do something that is extremely minimalist, but very complex to do. I do not want a collection that is as big dresses and romantic look. I want to do something very pure, very RAD HOURANI DNA.
"It is not something to grumble but screams," he said.
Hourani said he met Grumbach, who is also chairman of the Association of haute couture, and his colleague Laurence Sudre-Monnier to discuss, is shown in the French ready-to-wear calendar. "They said," Why do not you start showing during couture?
"It was one of the best compliments I ever received," said Hourani.
This first show in July might can be the springboard for an invitation to guest on the couture calendar. After four years, a guest invited to become a full member.
Grumbach said he told Hourani that being on a schedule of sponsorship and needs to be chosen by the board as a guest room to be. Asked if Hourani could represent a new modern look for the seam in the future, Grumbach provided that Martin Margiela and Azzedine Alaia, defied both modernist domination were invited to appear on the couture calendar.
"The know-how is the priority," said Grumbach.
A designer from Montreal, who has worked in the workshops of Chanel and Dior, concurred with this assessment.
The main principle of the sewing craft, said Vincenzo Vaccaro, who at LaSalle College and the School of Union Chamber of Parisian Couture has been formed.
"They are very strict about who they allow in the clique," he said of the house.
The job requires a search through draping, volume and proportion, with a finished product with an excellent performance, you see with your eyes. And it's not just fancy dress ball, he added, noting that Chanel is known to have a dynamic company in the seam, as it does daywear.
"You can have a couture T-shirt," Vaccaro said, "because the fabric, cutting and sewing and crafts." If Hourani is a real fashion show, it's fantastic, he added.
Indeed, Hourani is aiming high. The cost of producing a black jacket can be up to $ 20,000, he said. "This is not for everyone, but I would still like it very comfortable to wear."
Hourani was born in Jordan and moved with his family in Montreal at the age of 16 years. After high school he worked as a model scout and stylist (including several shoots for The Gazette), before launching his own line, despite the lack of donors and no training in fashion. His first exhibition in Spring 2007 Style.com invited to appoint him as a Top 10 contender mode. Holt Renfrew picked it up quickly, like Reborn Montreal, by his friend and muse, Brigitte Chartrand possession. Since then he has shown in New York (where he was a secondary, cheaper line called RAD Rad Hourani is due), Milan, Korea, the Netherlands and Toronto, but never in Montreal. His latest project is a collection of Joyce in Hong Kong, in tones of his signature in black, gray and white with a red mushroom.
In early July, after his show, he opened a gallery in the Marais, photography and multimedia projects, and fashion show.
"Rad Hourani is not just a designer. I am a visual artist," he said, and laughed at his use of his name in the third person.
Hourani attributes its success to date with perseverance, a complete and uncompromising artistic.
"Maybe because what I do, it's my life. I call this living, breathing thing. I am my own judge. I do not do things to please people.
"For me this is just the beginning," he said, adding that if Giorgio Armani attended one of its manifestations (as he did in Milan), "these facts are just fun."
The Fountainhead by Ayn Rand, a novel that celebrates individualism, is his inspiration.
"It's kind of showed me that if you have a vision you can achieve it."
For five years he traveled throughout the fashion capitals of the world and was an outstanding success as a designer made his own desire of luxury unisex clothing modeled by computer and produced in Montreal and around the world.
Thursday, shortly before his 30th Birthday, Hourani heads to Paris to be an incredible task you expect: he is hoping for the first Canadian and creator of the first unisex designs are invited to join the club as an exclusive fashion in the world of the Parisian haute couture.
"We have seen his work, and there is reason to support him because he has talent," said Didier Grumbach, head of the French Federation of Couture, said in a telephone interview. "It's not on the calendar, but I think it should work for the next season," said Grumbach, who show themselves to be invited as a guest.
There are perhaps a dozen regular members of the Association of Employers Federation of Haute Couture - Chanel, Gaultier, Dior, Givenchy, etc. - and a similar number of people. The term haute couture is like an appellation in France, legally protected, and the membership rules are precise and demanding: the Creator must be original, to produce special in their own studio, which at least 20 technical experts and must be at least 25 days and the evening is the finest materials twice a year in Paris on the official calendar.
On 3 Hourani July show his work to about 50 guests in a room at the Canadian Cultural Centre in the 7th District. It is, of course, quite unlike the typical vision of Haute Couture: There is no lace, embroidery, or net, no ball gowns or panels to be. Instead, about 22 Hourani presenting strictly carved, androgynous pieces.
"My biggest challenge is how to do something that is extremely minimalist, but very complex to do. I do not want a collection that is as big dresses and romantic look. I want to do something very pure, very RAD HOURANI DNA.
"It is not something to grumble but screams," he said.
Hourani said he met Grumbach, who is also chairman of the Association of haute couture, and his colleague Laurence Sudre-Monnier to discuss, is shown in the French ready-to-wear calendar. "They said," Why do not you start showing during couture?
"It was one of the best compliments I ever received," said Hourani.
This first show in July might can be the springboard for an invitation to guest on the couture calendar. After four years, a guest invited to become a full member.
Grumbach said he told Hourani that being on a schedule of sponsorship and needs to be chosen by the board as a guest room to be. Asked if Hourani could represent a new modern look for the seam in the future, Grumbach provided that Martin Margiela and Azzedine Alaia, defied both modernist domination were invited to appear on the couture calendar.
"The know-how is the priority," said Grumbach.
A designer from Montreal, who has worked in the workshops of Chanel and Dior, concurred with this assessment.
The main principle of the sewing craft, said Vincenzo Vaccaro, who at LaSalle College and the School of Union Chamber of Parisian Couture has been formed.
"They are very strict about who they allow in the clique," he said of the house.
The job requires a search through draping, volume and proportion, with a finished product with an excellent performance, you see with your eyes. And it's not just fancy dress ball, he added, noting that Chanel is known to have a dynamic company in the seam, as it does daywear.
"You can have a couture T-shirt," Vaccaro said, "because the fabric, cutting and sewing and crafts." If Hourani is a real fashion show, it's fantastic, he added.
Indeed, Hourani is aiming high. The cost of producing a black jacket can be up to $ 20,000, he said. "This is not for everyone, but I would still like it very comfortable to wear."
Hourani was born in Jordan and moved with his family in Montreal at the age of 16 years. After high school he worked as a model scout and stylist (including several shoots for The Gazette), before launching his own line, despite the lack of donors and no training in fashion. His first exhibition in Spring 2007 Style.com invited to appoint him as a Top 10 contender mode. Holt Renfrew picked it up quickly, like Reborn Montreal, by his friend and muse, Brigitte Chartrand possession. Since then he has shown in New York (where he was a secondary, cheaper line called RAD Rad Hourani is due), Milan, Korea, the Netherlands and Toronto, but never in Montreal. His latest project is a collection of Joyce in Hong Kong, in tones of his signature in black, gray and white with a red mushroom.
In early July, after his show, he opened a gallery in the Marais, photography and multimedia projects, and fashion show.
"Rad Hourani is not just a designer. I am a visual artist," he said, and laughed at his use of his name in the third person.
Hourani attributes its success to date with perseverance, a complete and uncompromising artistic.
"Maybe because what I do, it's my life. I call this living, breathing thing. I am my own judge. I do not do things to please people.
"For me this is just the beginning," he said, adding that if Giorgio Armani attended one of its manifestations (as he did in Milan), "these facts are just fun."
The Fountainhead by Ayn Rand, a novel that celebrates individualism, is his inspiration.
"It's kind of showed me that if you have a vision you can achieve it."
2012年6月14日星期四
Vanessa Minnillo Lachey Villablanca Lunch Date
Place an afternoon with friends, was spotted Vanessa Minnillo Lachey arriving at Villa Blanca in Beverly Hills, CA on Wednesday afternoon (June 13).
The brunette showed off her pregnant belly up in a colorful dress with sandals and Chanel shoulder bag, as she smiled at waiting photographers.
The mother-to-be had with friends much later that she was spotted having lunch with his buddies to Stanley in Sherman Oaks, CA resort, on Monday (June 11).
Miss Minnillo Lachey tried to hide their growing belly with a range of Givenchy, but his package of more employment seemed to dominate the experiment.
The brunette showed off her pregnant belly up in a colorful dress with sandals and Chanel shoulder bag, as she smiled at waiting photographers.
The mother-to-be had with friends much later that she was spotted having lunch with his buddies to Stanley in Sherman Oaks, CA resort, on Monday (June 11).
Miss Minnillo Lachey tried to hide their growing belly with a range of Givenchy, but his package of more employment seemed to dominate the experiment.
2012年6月12日星期二
Sao Paulo Fashion Week show for 30 labels
SAO PAULO: Sao Paulo Fashion Week - Fashion shows in Latin America - began on Monday with nearly 30
Brazilian label founded to showcase their summer collections with an emphasis on sustainable design.
Alexandre Herchcovitch, Tufi Animal and Dueck were the first to unveil their latest creations at the
Biennale Pavilion of the Ibirapuera Park in the city.
Ronaldo Fraga, Agua de Coco, Ellus, Joao Pimenta, and Juliana Jabour forum are to take, partly because the
midpoint of the week.
"The world recognizes Sao Paulo Fashion Week, which means that it operates in a unique way in the world of
fashion. Brazil is a unique country, unique culture," creative director Paulo Borges, in a press
conference.
The organizers expect at Fashion Week in Sao Paolo, to generate a total of $ 1 billion in business.
Potential buyers came from Britain, Dubai, Spain and the United States, but Borges said that sales have
mainly focused on the domestic market.
The theme for the summer collections this year is "We make out: Stories worth telling" - emphasis on local
tradition and design.
Under the regime headed by architect Marcelo Rosenbaum, professional designers have worked with
communities in poor regions of Brazil to "sustainable" projects that will be displayed at the event to
develop.
"We need to stop a state, instead of clothes and country, the design can be produced produced," said
Borges, noting that the mode is the third largest country in the industry.
After Texbrasil, program fashionable Brazilian export industry, the South American giant's fifth largest
producer of textile and clothing industry in the world.
Sao Paulo Fashion Week is held twice annually in January for the winter collections for June and summer
collections.
Brazilian label founded to showcase their summer collections with an emphasis on sustainable design.
Alexandre Herchcovitch, Tufi Animal and Dueck were the first to unveil their latest creations at the
Biennale Pavilion of the Ibirapuera Park in the city.
Ronaldo Fraga, Agua de Coco, Ellus, Joao Pimenta, and Juliana Jabour forum are to take, partly because the
midpoint of the week.
"The world recognizes Sao Paulo Fashion Week, which means that it operates in a unique way in the world of
fashion. Brazil is a unique country, unique culture," creative director Paulo Borges, in a press
conference.
The organizers expect at Fashion Week in Sao Paolo, to generate a total of $ 1 billion in business.
Potential buyers came from Britain, Dubai, Spain and the United States, but Borges said that sales have
mainly focused on the domestic market.
The theme for the summer collections this year is "We make out: Stories worth telling" - emphasis on local
tradition and design.
Under the regime headed by architect Marcelo Rosenbaum, professional designers have worked with
communities in poor regions of Brazil to "sustainable" projects that will be displayed at the event to
develop.
"We need to stop a state, instead of clothes and country, the design can be produced produced," said
Borges, noting that the mode is the third largest country in the industry.
After Texbrasil, program fashionable Brazilian export industry, the South American giant's fifth largest
producer of textile and clothing industry in the world.
Sao Paulo Fashion Week is held twice annually in January for the winter collections for June and summer
collections.
busts Shenzhen bands against the Smuggling of Luxury
Shenzhen Customs said on Monday it dismantled a gang smuggling luxury goods, in coordination with the police and the customs of Shenzhen, Hangzhou, Zhejiang Province.
Thirteen suspects, including a Hong Kong resident, were arrested and a large amount of luxury goods, Hermes, Armani, Cartier, Gucci, D & G clothing, shoes and bags worth over 100 million yuan ($ 8,000,000, 15) confiscated.
According to Shenzhen Customs in its fight against the smuggling department information is at the end of March, to convey the setting of a gang of smugglers of luxury goods from Hong Kong to Shenzhen was obtained, then send them to customers in other cities such as Tianjin and Hangzhou in logistics company .
The department later took up residence in Hong Kong, which has been receiving orders and sends them across the continent.
Thirteen suspects, including a Hong Kong resident, were arrested and a large amount of luxury goods, Hermes, Armani, Cartier, Gucci, D & G clothing, shoes and bags worth over 100 million yuan ($ 8,000,000, 15) confiscated.
According to Shenzhen Customs in its fight against the smuggling department information is at the end of March, to convey the setting of a gang of smugglers of luxury goods from Hong Kong to Shenzhen was obtained, then send them to customers in other cities such as Tianjin and Hangzhou in logistics company .
The department later took up residence in Hong Kong, which has been receiving orders and sends them across the continent.
2012年6月10日星期日
Make a Stylist Assertion With Reproduction Discount Prada Bags
Prada is a manufacturer, who have just had quite inseparably linked with class and good taste in fashion - with many people today who are like fashion idols is usually
observed at present with a bag. Admittedly, only that idols Vogue (by the creators) paid a lot of recipes, cheap handbags Replica prefer - cash that paid for the
recording of "normal" buyers of your "original" bags that grows Obviously the cost of your common "original" bag out of the reach of many people.
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to land the sale price of one " original "from his bag at airports.
And contrary to what an individual may very well think first, reading Prada Laptop Bags will
not duplicate an apparent "bootleg" in Prada bag - and yes, it's really hard, except to notify him an "original" pocket for the most beautiful eyes educated, which
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of double Prada handbag can be used.
Knowing now how the makers offered the exact replica Prada bags capable of the same goods as the makers of the "original" bag in a part of the sale price, the leading
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blood, makers of the "original" Prada bag costs for his position in the direction of the payment goes to the different style and different versions of the
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Good season is one of the peak of View Cheap Gucci Bags
This season is one of the leading EU pork because of the debt Cart Gucci: The season is one of the strongest of the revival of European debt crisis pork, because of
the situation of debt in Europe, the European and U.S. stock market jump of the market, learn Gucci perfume . Hong Kong shares opened markedly lower yesterday, more
than 321 points, the Hang Seng Index is up due to a local stabilization, the decline reduced to 215 points for the season, a peak of ripeness debt of the European pig
to land. Income. Technically broken on the Hang Seng Index since early February, forming a head and the shape of the shoulders, neck break yesterday, Gucci Outlet Online, Gucci official web site of Hong Kong. Measurement of the decrease can be related to proximity. Of course,
yes, Gucci bags Price in Hong Kong. In the short term oversold market, while the price index will be Dan warehouse target only changed also changed. European and
American stock exchanges plunge to hear about it. The direct cause underlying the debt service of Spain and Italy to climb again, and static two months after the
return of European debt crisis. European Central Bank in the last year and February this year launched two loan LRG, large quantities of low bank interest rates of 3-
year loan, Gucci Duffle Bags. Excited to convince banks to buy debt of European
pigs are accompanied by high interest rates, interest rates, the European pig breeds debt decreased rapidly so that the debt crisis in Europe by the downturn. However,
the first two rounds of the LRG was to play role was 7788, you can see in this quarter is a peak of maturity of the debt of the European pig. The season is one of the
worst of the debt maturity of the European pork, in fact, Gucci. Spain recently suggested the impact of the debt of poor 10-year Treasury yield rose to 5.98%, the
Gucci bag man. 7% near the critical point of the day Greece voluntary assistance, natural feeling nervous on the market. Overhauled. I do not know the official website
of Gucci. LRG The crisis is not radical European debt crisis, the official website of Gucci. Nianguang can buy but if the ECB to start the third round of LRG look at
the Gucci bag prices in Hong Kong. Should help to calm the markets, comparing this season. Germany has picked up out of fear of inflation. The ECB has repeatedly
proposed in the third round of Can LRG, the official website of Gucci. It is very difficult to say. Want to know Gucci bags. Falling market is a different question, of
course, much of the first quarter, primarily in U.S. equities. A. Hsiao Chiu shares mentioned months after the announcement of another in the first quarter
performance, the ability to shares at a high level to keep the Gucci bag upright man. Guqiguqi season is the culmination of the maturity profile of the European pig.
Probably not. Gucci bag man. Many Japanese stocks rose in the first quarter of large companies like Sony and Sharp results is available in red, probably means that the
global environment. Gucci handbags. in the sea of operators rely on a double-top Hong Kong shares yesterday in a position to build something lost ground, in fact,
Gucci. Thank you to the type of shares, the price of Gucci's official website. A portion of Phase 2 days open high low-income, I heard of Gucci Evening Bags. The benchmark Shanghai Composite Index yesterday, but only
until 03.00 clock, played a stabilizing role. Gucci's official website. Your opinion to reflect stabilization of shares, mainly because of the new QFII and the amount
RQFII, Hsiao Chiu think the role of Bo Xilai incident, Gucci. First, the Council is to be converted to become clear, from a different angle, the bursting of such a
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local companies want in the first quarter results difficult optimistic about the A-shares is not easy so severely weakened. The first quarter results for Hong Kong-
listed China Shipping Development (1138) has published a profit warning, the shipping shares since the beginning of the year, a small increase, the CSCL (2866) the
construction of a double-top pattern, the three RSI divergence , the goods must be produced.
2012年6月8日星期五
Equestrian Collection fashion house Gucci
Gucci presents its new collection Equestrian, a contemporary homage to the tradition and heritage equestrian riding that inspires the house for over 90 years by the timeless values of beauty, grace and nobility.
True to his lifelong passion for the equestrian world, is creative director Frida Giannini, a capsule collection of fully developed for women, the evolution of the wardrobe she created exclusively for Edwina Alexander, the current number in the world, a woman on horseback rider, sponsored by Gucci.
The line is part of the Cruise 2013 collection and includes a ready-to-wear range with 15 models, a refined selection and coordinated accessories. Gucci Ridge, the bit and the band Web-green-red-green: The collection is labeled as such by the style of the house.
Report of the glamor sport of the equestrian world, combines elements of this multi-functional cabinet technically very challenging competition outdoors with classic elegance, making it perfect for moments off the field as well. The range includes jackets and riding clothing pants, shirts and t-shirts polo-shirts, all interpreted in innovative fabrics and comfortable as wool gabardine tricotine Techno Bistretch, nylon soft duvets or technical felted jersey and pickets.
The color palette is natural and classic tones like black, beige, light blue and pure white, to accentuate the wear resistance never driven the long term.
Fill out the outfits are a variety of accessories that reflect the values of the House of craftsmanship, outstanding quality and modern design: the riding boots hosiery with Gucci crest detail and available in black embellished for a single combination, while a new seat was in Crafted in black leather Guccissima, true to the basic inspiration of the collection.
To complement the line is a black velvet cap with internal whip, both a saddle pad and horse blanket, a black leather belt with silver buckle and belt Gucci web, black gloves and a scarf made of silk nappa illustrated with patterns reminiscent of the whip, riding equipment.
Riding collection in Gucci stores worldwide will be selected and location in November 2012.
True to his lifelong passion for the equestrian world, is creative director Frida Giannini, a capsule collection of fully developed for women, the evolution of the wardrobe she created exclusively for Edwina Alexander, the current number in the world, a woman on horseback rider, sponsored by Gucci.
The line is part of the Cruise 2013 collection and includes a ready-to-wear range with 15 models, a refined selection and coordinated accessories. Gucci Ridge, the bit and the band Web-green-red-green: The collection is labeled as such by the style of the house.
Report of the glamor sport of the equestrian world, combines elements of this multi-functional cabinet technically very challenging competition outdoors with classic elegance, making it perfect for moments off the field as well. The range includes jackets and riding clothing pants, shirts and t-shirts polo-shirts, all interpreted in innovative fabrics and comfortable as wool gabardine tricotine Techno Bistretch, nylon soft duvets or technical felted jersey and pickets.
The color palette is natural and classic tones like black, beige, light blue and pure white, to accentuate the wear resistance never driven the long term.
Fill out the outfits are a variety of accessories that reflect the values of the House of craftsmanship, outstanding quality and modern design: the riding boots hosiery with Gucci crest detail and available in black embellished for a single combination, while a new seat was in Crafted in black leather Guccissima, true to the basic inspiration of the collection.
To complement the line is a black velvet cap with internal whip, both a saddle pad and horse blanket, a black leather belt with silver buckle and belt Gucci web, black gloves and a scarf made of silk nappa illustrated with patterns reminiscent of the whip, riding equipment.
Riding collection in Gucci stores worldwide will be selected and location in November 2012.
Louis Vuitton on the final season for super chic China
Daisy Liu embodies China's obsession with luxury brands: his shoes are Giuseppe Zanotti, her brooch Chanel, Hermes scarf flower is elegantly knotted at the shoulder. However, it is not dead a monogram Louis Vuitton handbag ever.
Liu rich buyers are turning up their noses at the labels they believe have been corrupted by the common touch, looking for undervalued and exclusive products from the likes of Chanel and Hermes, the place. This is a great challenge for the designers to the world's fastest hoping to profit luxury market is growing.
"I have two handbags Louis Vuitton, but I do not do well, they are always in fashion," said Liu, an employee of 31 years at a multinational cosmetics.
"I do not think the brand fits me more."
More than a decade of strong economic growth has helped to increase the disposable incomes of millions of Chinese people, creating legions of men and women with an insatiable appetite for status symbols, regardless of cost.
Importance of China for companies like Louis Vuitton LVMH and PPR parent SA Gucci undisputed: In the past year, while Europe was plagued by the financial crisis and the U.S. economy faltering, the mainland Chinese buyers spent about 111 billion yuan (18 billion euros) on luxury goods, according to Bain & Co.
China is the third largest market in the world of luxury goods with a value of at least 160 billion yuan (25 billion). Over the next three years is expected to burn about Japan and the United States to take the lead, with the luxury segment is growing at 180 billion yuan (28 billion).
As he grows, the market also maturation of so-called luxury is ambitious, where bling is king, what experts call the ultimate in luxury: the desire, as both are rich and sophisticated.
"In the past it was just a checklist. If you are one of the top five brands were in some magazine, you've found that people in China just the checklist checks purchased and to the list," said Vincent Liu, a partner at Boston Consulting group.
"In the future people will be more selective. You know what and where and when to use what brands and products."
For demanding consumers and Liu, this means that buying a $ 2000 Chanel bag and a mini-clutch Prada. It also has a sheepskin pocket eyed coral Bottega Veneta, the Italian fashion house known for its signature woven leather products known.
"Not the rich, the millionaires really real, they will want to buy Louis Vuitton or Gucci because they are too trivial," says Shaun Rein, Managing Director, China Market Research Group. "The rich get richer and they want exclusivity and unaccountability."
Overexposed
Luxury market in China will grow 18 to 20% this year, surpassing forecasts significantly in the single digits for Europe, America and Japan, according to Bain, the rapid expansion of the luxury companies such as LVMH says large.
For years, the dead LV monogram "Speedy" was a classic dome of Audrey Hepburn favored one of the most sought after pockets of Chinese women, for it was to do a clear signal: Costs double purse $ 400, an average Chinese worker earns in a month.
The brand, the cash cow of the LVMH Group's income and are almost twice as high as Gucci, widely regarded as the nearest competitor.
But, like LVMH rose in China - there are currently about 38 Louis Vuitton stores are, even in remote areas such as South Guangxi Zhuang Autonomous Region, compared with the 57 or so in Japan - he lost some of its cachet.
"In China, Louis Vuitton brand is the same as you have-yi, or domestic helpers, can not afford," said one consultant, retailing, the name, to be honest, are rejected.
When asked to comment, LVMH, told Reuters by e-mail that he expected "to lead new on the market" by a new store opens next month in Shanghai Chic Plaza 66 shopping center. "The Plaza 66 as the futuristic Vuitton confirmed in China," said the e-mail.
Gucci is not immediately respond to requests for comment on.
LV is one of the most popular labels in China - A recent survey by a group of Strategists digital set-top luxury of web searches by consumers.
But brands like Chanel and Hermes, however, pick up quickly.
A recent study by Bain shows Handbags twice as many Chinese now coveted Hermes, the creators of the famous Birkin and Kelly, and the brand is the third most likely to be bought by Gucci and Louis Vuitton.
"Some prefer Hermes, because our products are more subtle and not exposed," China Brand President Leo Liu, the news agency Reuters said in a statement Emailed.
Some Like It UP
Gao Jie, 27, buy a PR staff regularly luxury goods, Hermes is the ultimate status symbol: your bags are handmade, come in limited quantities, all of which cost between $ 9,000 to $ 150,000 and are generally not for the general public.
Gao said that this year, it wants to buy a handbag multicolored candies Kelly will cost at least four times his monthly salary of 20,000 yuan ($ 3,100).
"There are certain things that are by design classic and widely recognized by the market. I really hope someday to be able to have all these classic designs," said Gao, who stands out on a regular basis some of his salary, income and to invest in stocks to buy shoes and bags.
To attract buyers, such as Gao, LVMH and other luxury brands are trying to find the difficult balance between exclusivity and popularity to remain profitable.
LVMH offers its clients services more expensive to try and customs, are a myth around the brand Louis Vuitton, whose creations for both common and as easy to copy to be maintained.
The company is also cautious about the use of new businesses realize that the brand would suffer from too much visibility.
These strategies will be notified to convince Chinese buyers because their pockets to carry Daisy Liu LV is unclear.
"Luxury integrated, it is this notion of exclusivity. Everyone There is always a fine line that brands need to go", Torsten Stocker, a partner with business strategists monitor group.
Liu rich buyers are turning up their noses at the labels they believe have been corrupted by the common touch, looking for undervalued and exclusive products from the likes of Chanel and Hermes, the place. This is a great challenge for the designers to the world's fastest hoping to profit luxury market is growing.
"I have two handbags Louis Vuitton, but I do not do well, they are always in fashion," said Liu, an employee of 31 years at a multinational cosmetics.
"I do not think the brand fits me more."
More than a decade of strong economic growth has helped to increase the disposable incomes of millions of Chinese people, creating legions of men and women with an insatiable appetite for status symbols, regardless of cost.
Importance of China for companies like Louis Vuitton LVMH and PPR parent SA Gucci undisputed: In the past year, while Europe was plagued by the financial crisis and the U.S. economy faltering, the mainland Chinese buyers spent about 111 billion yuan (18 billion euros) on luxury goods, according to Bain & Co.
China is the third largest market in the world of luxury goods with a value of at least 160 billion yuan (25 billion). Over the next three years is expected to burn about Japan and the United States to take the lead, with the luxury segment is growing at 180 billion yuan (28 billion).
As he grows, the market also maturation of so-called luxury is ambitious, where bling is king, what experts call the ultimate in luxury: the desire, as both are rich and sophisticated.
"In the past it was just a checklist. If you are one of the top five brands were in some magazine, you've found that people in China just the checklist checks purchased and to the list," said Vincent Liu, a partner at Boston Consulting group.
"In the future people will be more selective. You know what and where and when to use what brands and products."
For demanding consumers and Liu, this means that buying a $ 2000 Chanel bag and a mini-clutch Prada. It also has a sheepskin pocket eyed coral Bottega Veneta, the Italian fashion house known for its signature woven leather products known.
"Not the rich, the millionaires really real, they will want to buy Louis Vuitton or Gucci because they are too trivial," says Shaun Rein, Managing Director, China Market Research Group. "The rich get richer and they want exclusivity and unaccountability."
Overexposed
Luxury market in China will grow 18 to 20% this year, surpassing forecasts significantly in the single digits for Europe, America and Japan, according to Bain, the rapid expansion of the luxury companies such as LVMH says large.
For years, the dead LV monogram "Speedy" was a classic dome of Audrey Hepburn favored one of the most sought after pockets of Chinese women, for it was to do a clear signal: Costs double purse $ 400, an average Chinese worker earns in a month.
The brand, the cash cow of the LVMH Group's income and are almost twice as high as Gucci, widely regarded as the nearest competitor.
But, like LVMH rose in China - there are currently about 38 Louis Vuitton stores are, even in remote areas such as South Guangxi Zhuang Autonomous Region, compared with the 57 or so in Japan - he lost some of its cachet.
"In China, Louis Vuitton brand is the same as you have-yi, or domestic helpers, can not afford," said one consultant, retailing, the name, to be honest, are rejected.
When asked to comment, LVMH, told Reuters by e-mail that he expected "to lead new on the market" by a new store opens next month in Shanghai Chic Plaza 66 shopping center. "The Plaza 66 as the futuristic Vuitton confirmed in China," said the e-mail.
Gucci is not immediately respond to requests for comment on.
LV is one of the most popular labels in China - A recent survey by a group of Strategists digital set-top luxury of web searches by consumers.
But brands like Chanel and Hermes, however, pick up quickly.
A recent study by Bain shows Handbags twice as many Chinese now coveted Hermes, the creators of the famous Birkin and Kelly, and the brand is the third most likely to be bought by Gucci and Louis Vuitton.
"Some prefer Hermes, because our products are more subtle and not exposed," China Brand President Leo Liu, the news agency Reuters said in a statement Emailed.
Some Like It UP
Gao Jie, 27, buy a PR staff regularly luxury goods, Hermes is the ultimate status symbol: your bags are handmade, come in limited quantities, all of which cost between $ 9,000 to $ 150,000 and are generally not for the general public.
Gao said that this year, it wants to buy a handbag multicolored candies Kelly will cost at least four times his monthly salary of 20,000 yuan ($ 3,100).
"There are certain things that are by design classic and widely recognized by the market. I really hope someday to be able to have all these classic designs," said Gao, who stands out on a regular basis some of his salary, income and to invest in stocks to buy shoes and bags.
To attract buyers, such as Gao, LVMH and other luxury brands are trying to find the difficult balance between exclusivity and popularity to remain profitable.
LVMH offers its clients services more expensive to try and customs, are a myth around the brand Louis Vuitton, whose creations for both common and as easy to copy to be maintained.
The company is also cautious about the use of new businesses realize that the brand would suffer from too much visibility.
These strategies will be notified to convince Chinese buyers because their pockets to carry Daisy Liu LV is unclear.
"Luxury integrated, it is this notion of exclusivity. Everyone There is always a fine line that brands need to go", Torsten Stocker, a partner with business strategists monitor group.
2012年6月7日星期四
Fashion boutique firm recognized as the year of Holroyd
Holroyd New Business of the Year is also the number one reseller of the State of Australian fashion labels George and Alex Perry.
It can be tempting to think she dresses to be sold around the clock in elegant costumes.
But that's not our Linda Sande-Elcham.
"I'm going to search for clues in my uggies Alex Perry," said Ms. Sands said, Elcham the sun with a smile, his two friends nodded in the background.
This is perhaps the least surprised to learn that his designer business - of which the majority of its red carpet ready dresses are sold - in South Wentworthville is.
Ms Sands-Elcham, Alina owner collections, she did not answer was ready, if asked about it during a recent visit to his shop.
"We have never really known," she admits.
"I think the website and blogs are important, but [with] [social media to promote your business] is a must, all Instagram [Photo Sharing] on Facebook."
You need to agree on something, because the mother of three children, a huge Greystanes 4407 Facebook fans.
"We get the customer to check-in [the store on Facebook] - which is linked to their friends - and 10 percent of them.
'' We ourselves have also fully involved in fundraising. "
Ms Sands-Miss Universe Australia finalist has Elcham Tahny Lew, Miss World and Miss Lebanon Australia Alexandra Doumit Australia Andriana Chidiac equipped, just to name a few.
But it was not always sell clothes.
In 2004, she worked as a sales representative for a software development company.
"It was an incredible journey, but I was married again and have another child and had to stop traveling [so] I, parts of clothes in the houses of people began to make,'' she said.
So they took a punt and Guys and Dolls opened in 2005 and won extraordinary fashion store, Holroyd Council, in the same year.
It was not until 2009 that she embarked on evening wear and began to save some of the top labels in Australia - Alex Perry, George, Rachel Gilbert, Pascucci, enjoy.
"We just D project, which the label is run by Danni Minogue," she said, stressing that all the clothes they sell are Australian brand, with prices from $ 100 to $ 2500.
Mr. Perry said they would start to be back to Alina in August to its summer collection that is still a special celebrity guest to be announced.
Meanwhile, she signed up for a course in style.
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It can be tempting to think she dresses to be sold around the clock in elegant costumes.
But that's not our Linda Sande-Elcham.
"I'm going to search for clues in my uggies Alex Perry," said Ms. Sands said, Elcham the sun with a smile, his two friends nodded in the background.
This is perhaps the least surprised to learn that his designer business - of which the majority of its red carpet ready dresses are sold - in South Wentworthville is.
Ms Sands-Elcham, Alina owner collections, she did not answer was ready, if asked about it during a recent visit to his shop.
"We have never really known," she admits.
"I think the website and blogs are important, but [with] [social media to promote your business] is a must, all Instagram [Photo Sharing] on Facebook."
You need to agree on something, because the mother of three children, a huge Greystanes 4407 Facebook fans.
"We get the customer to check-in [the store on Facebook] - which is linked to their friends - and 10 percent of them.
'' We ourselves have also fully involved in fundraising. "
Ms Sands-Miss Universe Australia finalist has Elcham Tahny Lew, Miss World and Miss Lebanon Australia Alexandra Doumit Australia Andriana Chidiac equipped, just to name a few.
But it was not always sell clothes.
In 2004, she worked as a sales representative for a software development company.
"It was an incredible journey, but I was married again and have another child and had to stop traveling [so] I, parts of clothes in the houses of people began to make,'' she said.
So they took a punt and Guys and Dolls opened in 2005 and won extraordinary fashion store, Holroyd Council, in the same year.
It was not until 2009 that she embarked on evening wear and began to save some of the top labels in Australia - Alex Perry, George, Rachel Gilbert, Pascucci, enjoy.
"We just D project, which the label is run by Danni Minogue," she said, stressing that all the clothes they sell are Australian brand, with prices from $ 100 to $ 2500.
Mr. Perry said they would start to be back to Alina in August to its summer collection that is still a special celebrity guest to be announced.
Meanwhile, she signed up for a course in style.
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2012年6月6日星期三
Fashion: Eco in your pocket
Each denim product requires about 200 litres of water before it reaches the shelf and each washing unit uses about 2lakh litres every day.
Yes, fashion designer and textile developer Deepika Govind likes to shock you with data that you won’t find written on the garment tag when you buy your favourite pair of jeans.
Most often, you wouldn’t care about the manufacturing details behind each pair of those jeans that you think makes you look ‘hot’. But one has got to draw the line at some point. Environment consciousness cannot be picked up in a day or by reading a few lines every June 5 (World Environment Day); it has to be bred into every single human being.
Stressed, de-stressed, torn, ripped and faded — the one fabric that has had the world twisted around its weave is the familiar denim. A trend that cannot be called one simply because it never goes out of fashion, denim is as staunch in its position as ever. And while brands across the world fall over each other to stay ahead of the business by inventing and designing all possible shapes, sizes, styles and colours — there are a few people who address the popularity of denim on a more conscientious level.
Deepika Govind is one such person.
Tough ambition, perhaps even impossible but that doesn’t stop her from trying. Consequently...
Adding to her kitty of environment friendly garments and fabrics, fashion designer and textile developer Deepika Govind has now launched her range of eco-friendly denims. Labelled Denim Green, she’s got a series of off-the-shelf creations as well as the fabric in itself for made-to-order garments for men and women.
“It’s a project that I have been working on for the past four and a half years. But it took me some time to bring it onto the shelf. I think the first need to start developing denim was that a lot of clients would see some of my designs and ask if I’d make that in denim for them. And I’ve seen the forecast; it’s denim and denim and more denim for the next four or five years,” she says.
But then there was this question of how to make denim environment-friendly. “We use specially-woven organic cotton and dye it with indigo and it’s unbleached. The thing with vegetable dye is that it doesn’t really penetrate to the core of the fibre and has to be dyed multiple times to get the right kind of blue. It takes time but is worth it. Plus, we do a plain and simple wash, only once, to make it shelf-ready,” adds Deepika.
The designer has also created a range of affordable denims where the indigo used in dyeing is not 100% natural but is approved by the necessary environment bodies.
“Of course you won’t get all the fancy embellishments you see in the stores; we’ve done what we thought was rightfully possible. The scraping with a stone to make it distressed, whiskering, grinding, it is all there,” she adds. In addition to jeans, dresses and tops, Deepika has also made a select selection of bags with the same fabric.
“We’ve also employed a kind of treatment called the Ozone treatment, which washes the fabric with ozone rays, without using any water. The other one is by the use of laser technology. Here, you put the denim in a unit and it does all the work for you — from distressing to fading — with the help of laser technology,” says Deepika.
So, there’s no red denims for you at her store?
“The fault is within us; you can’t blame the customer. When they see candy coloured jeans, they go berserk because it looks really fashionable. But the effect on the environment is rarely taken into consideration. People don’t ever bother to turn their fabric around and check out the fabric composition tag to see how much of artificial fabric has gone into their garment. It’s a matter of awareness,” says the designer, not without admitting that the people’s negligence towards the environment troubles her all the time.
But with designers going ‘eco’ and ‘ethical’ all the time, isn’t it about time people became more aware of being environment friendly? “I have to say this here — there is a big difference between eco-fashion and ethical fashion. Eco-fashion uses natural fabrics and dyeing processes. Ethical fashion doesn’t discourage the use of artificial fabric because they say it lasts longer so you don’t have to discard clothes as religiously. But I don’t think that’s the right approach. Artificial fabrics are bad for the environment and they’re bad for you, too! “I went to a trade show in Paris recently, and I hardly saw any cotton or silks. I went berserk! Talking about being eco-friendly with fashion, most natural fibres are a little expensive because they’re not mass manufactured,” says the designer.
It’s often hard to put down everything Deepika says because her conversation ranges from the plight of textile weavers in Orissa and Gujarat to the sheer disinterest in the government bodies to preserve traditional craftsmanship and weaves. But yes, we could do with more people like her in the industry. But even that she says is a tough task. “It can’t be just me or another designer or an NGO. This has to be a movement. On one hand, we have to work towards resurrecting Indian weaves that will soon die out because no one is interested in them and on the other, promote fabrics that are eco-friendly and don’t damage the earth,” she asserts.
It is the least, we believe, designers can do to fulfil their responsibility towards the earth.
Denim Green is priced at Rs4,500 up wards and is available at the designer’s store in Craig Layout, MG Road and the International Departure Terminal of Bangalore International Airport.
Yes, fashion designer and textile developer Deepika Govind likes to shock you with data that you won’t find written on the garment tag when you buy your favourite pair of jeans.
Most often, you wouldn’t care about the manufacturing details behind each pair of those jeans that you think makes you look ‘hot’. But one has got to draw the line at some point. Environment consciousness cannot be picked up in a day or by reading a few lines every June 5 (World Environment Day); it has to be bred into every single human being.
Stressed, de-stressed, torn, ripped and faded — the one fabric that has had the world twisted around its weave is the familiar denim. A trend that cannot be called one simply because it never goes out of fashion, denim is as staunch in its position as ever. And while brands across the world fall over each other to stay ahead of the business by inventing and designing all possible shapes, sizes, styles and colours — there are a few people who address the popularity of denim on a more conscientious level.
Deepika Govind is one such person.
Tough ambition, perhaps even impossible but that doesn’t stop her from trying. Consequently...
Adding to her kitty of environment friendly garments and fabrics, fashion designer and textile developer Deepika Govind has now launched her range of eco-friendly denims. Labelled Denim Green, she’s got a series of off-the-shelf creations as well as the fabric in itself for made-to-order garments for men and women.
“It’s a project that I have been working on for the past four and a half years. But it took me some time to bring it onto the shelf. I think the first need to start developing denim was that a lot of clients would see some of my designs and ask if I’d make that in denim for them. And I’ve seen the forecast; it’s denim and denim and more denim for the next four or five years,” she says.
But then there was this question of how to make denim environment-friendly. “We use specially-woven organic cotton and dye it with indigo and it’s unbleached. The thing with vegetable dye is that it doesn’t really penetrate to the core of the fibre and has to be dyed multiple times to get the right kind of blue. It takes time but is worth it. Plus, we do a plain and simple wash, only once, to make it shelf-ready,” adds Deepika.
The designer has also created a range of affordable denims where the indigo used in dyeing is not 100% natural but is approved by the necessary environment bodies.
“Of course you won’t get all the fancy embellishments you see in the stores; we’ve done what we thought was rightfully possible. The scraping with a stone to make it distressed, whiskering, grinding, it is all there,” she adds. In addition to jeans, dresses and tops, Deepika has also made a select selection of bags with the same fabric.
“We’ve also employed a kind of treatment called the Ozone treatment, which washes the fabric with ozone rays, without using any water. The other one is by the use of laser technology. Here, you put the denim in a unit and it does all the work for you — from distressing to fading — with the help of laser technology,” says Deepika.
So, there’s no red denims for you at her store?
“The fault is within us; you can’t blame the customer. When they see candy coloured jeans, they go berserk because it looks really fashionable. But the effect on the environment is rarely taken into consideration. People don’t ever bother to turn their fabric around and check out the fabric composition tag to see how much of artificial fabric has gone into their garment. It’s a matter of awareness,” says the designer, not without admitting that the people’s negligence towards the environment troubles her all the time.
But with designers going ‘eco’ and ‘ethical’ all the time, isn’t it about time people became more aware of being environment friendly? “I have to say this here — there is a big difference between eco-fashion and ethical fashion. Eco-fashion uses natural fabrics and dyeing processes. Ethical fashion doesn’t discourage the use of artificial fabric because they say it lasts longer so you don’t have to discard clothes as religiously. But I don’t think that’s the right approach. Artificial fabrics are bad for the environment and they’re bad for you, too! “I went to a trade show in Paris recently, and I hardly saw any cotton or silks. I went berserk! Talking about being eco-friendly with fashion, most natural fibres are a little expensive because they’re not mass manufactured,” says the designer.
It’s often hard to put down everything Deepika says because her conversation ranges from the plight of textile weavers in Orissa and Gujarat to the sheer disinterest in the government bodies to preserve traditional craftsmanship and weaves. But yes, we could do with more people like her in the industry. But even that she says is a tough task. “It can’t be just me or another designer or an NGO. This has to be a movement. On one hand, we have to work towards resurrecting Indian weaves that will soon die out because no one is interested in them and on the other, promote fabrics that are eco-friendly and don’t damage the earth,” she asserts.
It is the least, we believe, designers can do to fulfil their responsibility towards the earth.
Denim Green is priced at Rs4,500 up wards and is available at the designer’s store in Craig Layout, MG Road and the International Departure Terminal of Bangalore International Airport.
2012年6月5日星期二
H&M on quest for growth with new fashion chains
The Swedish firm is hoping new chains - Spain's Inditex already has eight concepts to entice different customers - will help it out.
"H&M is a strong global retailer with healthy margins and should trade at a premium to the broader retail segment," Bernstein analyst Jamie Merriman said. H&M has historically traded at a higher premium than Inditex, due to higher margins, but she now felt the same level, 40 percent, would be appropriate for both companies.
"In my view, expectations for H&M's profit margins are too high this year, and I expect that as results disappoint, the shares will de-rate relative to Inditex shares," said Merriman, who has an "underperform" rating on the stock.
Seeking to preserve its cheap and cheerful image, H&M has taken hits to margins rather than pass on growing input costs, some of which, like labour in Asia, are likely to continue.
Analysts say the company launched in 1947 and now run by the grandson of its founder did not need separate chains before and can still expand its core brand, which is growing in Europe, North America and Asia. H&M is also mulling the southern hemisphere. But eventually the expansion pace will run out of steam, firstly in Europe where it already has a large presence.
And with higher costs, a growing number of budget competitors and increasingly cost-conscious and discerning customers in Europe, where it has near 90 percent of its turnover, it makes sense to spread the risk by adding a second more upmarket chain alongside its COS stores, its first separate brand.
Separate chains whose hallmarks are not budget are more likely to be able to pass on cost hikes to customers, supporting profit margins.
"Shopping habits are changing, even among younger consumers. They might be holding out for a better quality product for a higher price but buy these products less frequently," said Isabel Cavill at consultant Retail Planet.
Inditex, whose core Zara brand has a slightly narrower product range than H&M, launched its first separate chain in 1991, while H&M launched COS in 2007 in a strategy CEO Karl-Johan Persson is now expanding to secure long-term growth.
"We have proved that we can carry something like this out and do it well, and (that it can) contribute to H&M's growth and profitability for several years. COS is new, of course, but it has had a very good development," Persson told Reuters in an interview in May.
H&M and Inditex both trade at around 19 times this year's earnings according to StarMine data, roughly in line with expanding Uniqlo parent Fast Retailing Co (9983.T) and outshining Gap (GPS.N) at 14 and Marks & Spencer (MKS.L) and Next (NXT.L) at around 10.
"H&M didn't need other formats for a long time. Having a more mass market concept in H&M, it had the potential to gain a larger market share in any one market than, say, Zara might have had as a standalone concept," said analyst Anne Critchlow of Societe Generale.
But H&M reported its first fall in monthly sales for more than 2-2/2 years in April and Critchlow said Inditex's higher exposure and growth in emerging markets would underpin higher like-for-like sales growth over the longer term.
A decade ago, Inditex was smaller than H&M, but sales have grown fourfold, to $17.6 billion last year, while H&M's sales tripled to $15.5 billion. Inditex's share price has roughly tripled while H&M's has roughly doubled.
Inditex's operating margin has also caught up from lower levels, while H&M's has shrunk in recent years. The two firms both had operating margins of about 18.5 percent last year, far above the sector.
In a Reuters poll last month, half of 14 analysts had a positive rating on H&M's share, four were neutral and three negative.
RACY
H&M will be launching the new fashion chain "& Other Stories" in a few European cities in the first half of 2013. It has kept the concept under wraps but said that, like COS, which now has 51 stores in 11 markets and is profitable, it would have higher prices and better quality than the core brand.
"H&M in terms of their product range is a little bit more racy than things like (Inditex's most up market brand) Massimo Dutti, they are prepared to experiment more with quite interesting designs, to have more outrageous designs. I couldn't imagine it being a classic," Cavill said.
H&M's first-ever bolt-on acquisition was in 2008, of the owner of small niche chains Weekday and Monki, which together now have grown to around 70 stores in eight countries, and the brand Cheap Monday which now also has a few own stores. The group does not break down results by brands but Swedish media reports have said Weekday and Monki have been loss-making.
H&M itself has grown from about 100 stores when it first opened outside the Nordics in 1976, to around 2,500 in 44 countries. The company is now also looking into ways to broaden the offer within the H&M stores.
"We can increase the number of H&M stores by 10-15 percent (yearly) for many years to come, but the base is growing constantly, so at some point in time that will end," Persson said in the interview.
Finding out whether the new concepts are viable will take time, analysts say. "But over the next five years they could be the new avenue for growth and deliver quite successfully for the company," said Neil Saunders at retail consultant Conlumino.
INNOVATION
Most global fashion retailers, such as world no.3 player Gap (GPS.N) with its Banana Republic and Old Navy brands, and Asia's top apparel retailer Fast Retailing, have seen the wisdom of diversification.
"One thing in clothing is very certain. That is that nobody spends all of their money at one store. People do a lot of shopping around - it's a very promiscuous sector," said Conlumino's Saunders.
Benetton and M&S are now suffering in the face of their nimbler rivals after they ran out of ideas on clothing.
Benetton was delisted last month after the brand fell out of fashion from its 1980s heyday. The founding family is now trying to revive the brand and reposition the company.
H&M's push for diversity has been driven by Karl-Johan, head of new business before becoming CEO in 2009. His father, Stefan, turned the company founded by his father, Erling, from a Swedish to a global name from the early 80's.
"They were content, historically, with operating a single brand and it hasn't done them any harm. But the last five years they definitely seem to have become more adventurous, more curious about what a truly multi-brand business might look like," said Bryan Roberts at global consultancy group Kantar Retail.
"That innovation, that curiosity, is really coming to the fore now."
"H&M is a strong global retailer with healthy margins and should trade at a premium to the broader retail segment," Bernstein analyst Jamie Merriman said. H&M has historically traded at a higher premium than Inditex, due to higher margins, but she now felt the same level, 40 percent, would be appropriate for both companies.
"In my view, expectations for H&M's profit margins are too high this year, and I expect that as results disappoint, the shares will de-rate relative to Inditex shares," said Merriman, who has an "underperform" rating on the stock.
Seeking to preserve its cheap and cheerful image, H&M has taken hits to margins rather than pass on growing input costs, some of which, like labour in Asia, are likely to continue.
Analysts say the company launched in 1947 and now run by the grandson of its founder did not need separate chains before and can still expand its core brand, which is growing in Europe, North America and Asia. H&M is also mulling the southern hemisphere. But eventually the expansion pace will run out of steam, firstly in Europe where it already has a large presence.
And with higher costs, a growing number of budget competitors and increasingly cost-conscious and discerning customers in Europe, where it has near 90 percent of its turnover, it makes sense to spread the risk by adding a second more upmarket chain alongside its COS stores, its first separate brand.
Separate chains whose hallmarks are not budget are more likely to be able to pass on cost hikes to customers, supporting profit margins.
"Shopping habits are changing, even among younger consumers. They might be holding out for a better quality product for a higher price but buy these products less frequently," said Isabel Cavill at consultant Retail Planet.
Inditex, whose core Zara brand has a slightly narrower product range than H&M, launched its first separate chain in 1991, while H&M launched COS in 2007 in a strategy CEO Karl-Johan Persson is now expanding to secure long-term growth.
"We have proved that we can carry something like this out and do it well, and (that it can) contribute to H&M's growth and profitability for several years. COS is new, of course, but it has had a very good development," Persson told Reuters in an interview in May.
H&M and Inditex both trade at around 19 times this year's earnings according to StarMine data, roughly in line with expanding Uniqlo parent Fast Retailing Co (9983.T) and outshining Gap (GPS.N) at 14 and Marks & Spencer (MKS.L) and Next (NXT.L) at around 10.
"H&M didn't need other formats for a long time. Having a more mass market concept in H&M, it had the potential to gain a larger market share in any one market than, say, Zara might have had as a standalone concept," said analyst Anne Critchlow of Societe Generale.
But H&M reported its first fall in monthly sales for more than 2-2/2 years in April and Critchlow said Inditex's higher exposure and growth in emerging markets would underpin higher like-for-like sales growth over the longer term.
A decade ago, Inditex was smaller than H&M, but sales have grown fourfold, to $17.6 billion last year, while H&M's sales tripled to $15.5 billion. Inditex's share price has roughly tripled while H&M's has roughly doubled.
Inditex's operating margin has also caught up from lower levels, while H&M's has shrunk in recent years. The two firms both had operating margins of about 18.5 percent last year, far above the sector.
In a Reuters poll last month, half of 14 analysts had a positive rating on H&M's share, four were neutral and three negative.
RACY
H&M will be launching the new fashion chain "& Other Stories" in a few European cities in the first half of 2013. It has kept the concept under wraps but said that, like COS, which now has 51 stores in 11 markets and is profitable, it would have higher prices and better quality than the core brand.
"H&M in terms of their product range is a little bit more racy than things like (Inditex's most up market brand) Massimo Dutti, they are prepared to experiment more with quite interesting designs, to have more outrageous designs. I couldn't imagine it being a classic," Cavill said.
H&M's first-ever bolt-on acquisition was in 2008, of the owner of small niche chains Weekday and Monki, which together now have grown to around 70 stores in eight countries, and the brand Cheap Monday which now also has a few own stores. The group does not break down results by brands but Swedish media reports have said Weekday and Monki have been loss-making.
H&M itself has grown from about 100 stores when it first opened outside the Nordics in 1976, to around 2,500 in 44 countries. The company is now also looking into ways to broaden the offer within the H&M stores.
"We can increase the number of H&M stores by 10-15 percent (yearly) for many years to come, but the base is growing constantly, so at some point in time that will end," Persson said in the interview.
Finding out whether the new concepts are viable will take time, analysts say. "But over the next five years they could be the new avenue for growth and deliver quite successfully for the company," said Neil Saunders at retail consultant Conlumino.
INNOVATION
Most global fashion retailers, such as world no.3 player Gap (GPS.N) with its Banana Republic and Old Navy brands, and Asia's top apparel retailer Fast Retailing, have seen the wisdom of diversification.
"One thing in clothing is very certain. That is that nobody spends all of their money at one store. People do a lot of shopping around - it's a very promiscuous sector," said Conlumino's Saunders.
Benetton and M&S are now suffering in the face of their nimbler rivals after they ran out of ideas on clothing.
Benetton was delisted last month after the brand fell out of fashion from its 1980s heyday. The founding family is now trying to revive the brand and reposition the company.
H&M's push for diversity has been driven by Karl-Johan, head of new business before becoming CEO in 2009. His father, Stefan, turned the company founded by his father, Erling, from a Swedish to a global name from the early 80's.
"They were content, historically, with operating a single brand and it hasn't done them any harm. But the last five years they definitely seem to have become more adventurous, more curious about what a truly multi-brand business might look like," said Bryan Roberts at global consultancy group Kantar Retail.
"That innovation, that curiosity, is really coming to the fore now."
2012年6月4日星期一
Egyptian Stocks: EFG-Hermes Holding and Maridive & Oil Services
Egypt’s benchmark EGX30 Index (EGX30) dropped 1.3 percent to 4,625.62 at the 2:30 p.m. close in Cairo, the lowest level in almost two months.
The following shares were active on the Egyptian Exchange. Stock symbols follow company names.
EFG-Hermes Holding SAE (HRHO) jumped by the daily limit 9.9 percent to 12.06 Egyptian pounds before closing at 11.01 pounds, the highest level in more than a week. The biggest publicly traded Arab investment bank rejected a $1.1 billion bid from Planet IB Ltd., backed by billionaire Naguib Sawiris, in favor of a venture with Qatar’s QInvest LLC.
Maridive & Oil Services SAE (MOIL EY), a Cairo-based offshore services company, declined as much as 4.6 percent to $1.04, before closing at $1.06, the lowest since May 30. Oil for July delivery on the New York Mercantile Exchange lost 3.8 percent to $83.23 a barrel on June 1, the lowest level in almost eight months.
The following shares were active on the Egyptian Exchange. Stock symbols follow company names.
EFG-Hermes Holding SAE (HRHO) jumped by the daily limit 9.9 percent to 12.06 Egyptian pounds before closing at 11.01 pounds, the highest level in more than a week. The biggest publicly traded Arab investment bank rejected a $1.1 billion bid from Planet IB Ltd., backed by billionaire Naguib Sawiris, in favor of a venture with Qatar’s QInvest LLC.
Maridive & Oil Services SAE (MOIL EY), a Cairo-based offshore services company, declined as much as 4.6 percent to $1.04, before closing at $1.06, the lowest since May 30. Oil for July delivery on the New York Mercantile Exchange lost 3.8 percent to $83.23 a barrel on June 1, the lowest level in almost eight months.
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