Luxury’s Pain as Others Gain in Hong Kong and China - China Real Time Report. Six months ago, Canton Road had a jewelry shop selling Rolex watches, diamond rings and the like for thousands of dollars.
Today, the space is occupied by a Colourmix Cosmetics shop selling inexpensive lipstick and cosmetics. Similar changeovers are happening all over Hong Kong, real estate industry experts say, as consumers spurn high-end goods and focus their spending on mid-range brands like SASA cosmetics and Adidas athletics. “This is a structural change, the luxury brands have to face the reality of the situation,” said Joe Lin, executive director of real estate broker CBRE’s Hong Kong office. “If the rent is that expensive they cannot survive.”
Hong Kong retail rents in core shopping districts, which have declined significantly since 2015, are expected to fall 5-8% over the remainder of 2016, according to CBRE. “People love to see new and interesting things, more lifestyle products, and want to be able to eat good food when they go shopping,” said Mr. Burberry, Pinterest Launch Cat Lashes – WWD. Burberry is taking to Pinterest to launch its latest beauty product, aiming to capitalize on the platform’s 38.5 million monthly unique viewers in the space.
In tandem with the launch of Cat Lashes, the brand’s new mascara that launches today, Pinterest will begin to generate custom boards for users populated with Burberry Beauty content and product. It’s Burberry’s latest attempt at using social media to introduce a new product to consumers. “Beauty is huge on Pinterest, and we wanted to bring that to life in an innovative way that had never been done on our platform. It’s taking in [user] beauty preferences and giving them a new way to look at the category through the lens of Burberry,” Radhika Prakash, creative and brand strategist at Pinterest, told WWD Tuesday morning.
She said Pinterest approached Burberry to forge a partnership over a year ago. Fall 2016 Ad Campaigns - Fashion Campaigns Spring Fall. Luxury Brands Focus On “Instagram Generation” Ultra Rich Customers. It’s a brave new world out there, though not the one Aldus Huxley envisioned.
Technology is all-pervading in more ways than we actually realize. While browsing the web you always come across headlines with celebs touting the latest and greatest. Whether it’s a reality star, a Hollywood A-lister or a singer, everyone knows what they’re doing, where they are, what they’re wearing – oh, and what they are driving. The paparazzi will soon be a thing of the past. Celebrities use social media themselves to promote…, well, themselves. To automotive company executives, it sounds like a golden opportunity. Give them what they want, that’s the answer. Everyone is getting on the game. Of course they do; the restrained options remind them of their parents’ or grandparents’ cars. A chrome Bentley or Rolls may cause loyal customers a heart attack, but in the end it’s only business. He calls it “The Instagram Effect”.
Make no mistake: Gordon Gecko was right. Story Reference: Autonews Photo Gallery. Valentino Maria Grazia Chiuri Confirmed Artistic Director Christian Dior. Raf Simons is confirmed at Calvin Klein. Raf Simons has been named as the chief creative officer of Calvin Klein.
This appointment was widely expected in fashion, following the announcement in June that Francisco Costa and Italo Zucchelli, women’s and menswear creative directors respectively, would be leaving the brand. Simons – who left Christian Dior in October - will work across both men’s and womenswear for Calvin Klein. The announcement was made on social media – with a black and white image of Simons appearing on Instagram on Tuesday afternoon. The caption said he would be “chief creative officer of the brand, effective immediately” with his first collection for Calvin Klein for autumn/winter 2017, to be shown in September in New York.
Who is the Tom Ford Customer? Tamara Mellon on Her Revealing Memoir and How Growing Up in a “War Zone” Honed Her Business Skills. Related: The Lady and the Heel Tamara Mellon’s résumé is not exactly cookie-cutter: before co-founding and growing the iconic Jimmy Choo accessory company, the 46-year-old was a high-school dropout and a rehab graduate.
Today, Mellon stands above the temptations that most self-made millionaires face. Having sold her shares of Jimmy Choo for a reported $135 million before she exited the company in 2011, the fashion maven is now releasing a new namesake line, set to launch this season, and her memoir, In My Shoes, out today. We caught up with Mellon about her contentious relationship with Choo himself, how her alcoholic mother’s abusive behavior helped her prepare for the business world, and how she’s lost track of the exact number of shoes she owns (“3,000, maybe four”).
Highlights from our chat: VF Daily: Why did you decide to write your new book? Tamara Mellon: I thought no one could really believe what was going on behind the scenes while I was building that brand. I’m not sure. Inside Barneys' New Flagship Store in Downtown Manhattan.