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Saint Laurent unveils 'nip slip' dress – a glittery mono-boob outfit for the ... Saint Laurent's new designer Anthony Vaccarello unveiled his new collection at Paris Fashion Week - but it was a singular glitter-adorned nip-slip that got everyone talking.

Saint Laurent unveils 'nip slip' dress – a glittery mono-boob outfit for the ...

He one-upped the autumn/winter fashion trend for glittering clothes and accessories by featuring a model with her left breast exposed and her nipple covered in heart-shaped glitter. For his spring/summer 2017 debut for the French house, Anthony Vaccarello took on full-frontal fashion with a collection teeming in sheer tops worn sans bra, and while many models sauntered down the Saint Laurent runway with their nipples on full display it was the glitter-covered nipple that made headlines. Model Binx Walton wears a strapless, leather dress with an asymmetric fold that left her breast exposed While other models sauntered down the runway with their nipples on full display it was a singular glitter adorned nip-slip that made headlines (Getty Images) Reuse content.

The Rich Don't Drive the Luxury Sector. LONDON, United Kingdom — If luxury spending was indeed driven by the rich, the luxury industry would be a niche sector serving a fortunate few, rather than a dynamic, global business selling to a consumer market measured in millions.

The Rich Don't Drive the Luxury Sector

During the past 50 years, a wave of luxury goods consumption has swept across key geographies in the world, moving from Europe to the USA in the 1970s, then Japan in the 1980s, Russia in the 1990s and, in the last 15 years, spreading across Greater China. In each case, the underlying mechanism that has fueled demand for luxury goods has been the same: the emergence of newly created wealth. New ideas, liberalisation, free trade, higher liquidity and investment all bring new opportunities for economic growth. How better to define their new identity than by possessing things other people don’t have. Prada Shares Surge as Chairman Forecasts Improvement in 2017. MILAN, Italy — Prada SpA shares rose as much as 15 percent after Chairman Carlo Mazzi forecast that the Italian luxury-goods maker will return to growth in sales and earnings next year, helped by cost-cutting and online expansion in Asia.

Prada Shares Surge as Chairman Forecasts Improvement in 2017

This year “is a turning point and we are now firmly on the path to sustainable growth in revenues and earnings from as early as 2017,” Mazzi said on an Aug. 26 conference call after the Hong Kong market closed. First-half earnings before interest, tax, depreciation and amortization fell 25 percent to 330 million euros ($370 million), dropping slightly less than analysts estimated. Prada said it’s doubling its e-commerce sales over the next two years by increasing the number of categories it offers online, particularly shoes, and expanding its social media activities.

Analysts at Sanford C. Revenue for the six months ended July fell 15 percent to 1.55 billion euros on weak demand in China and a drop in tourism in Europe after terrorist attacks. Dolce & Gabbana’s Local Retail Revolution. MILAN, Italy — Dolce & Gabbana is to embark on a global overhaul of its directly operated retail network, starting with the opening of a new experience space in Milan on September 24th.

Dolce & Gabbana’s Local Retail Revolution

The Italian fashion house’s announcement marks a growing trend for brands to create a localised destination for customers, shifting away from the standardisation strategy long favoured by large global retailers, which traditionally rolls out a uniform store format, merchandise mix and marketing strategy. Dolce & Gabbana said the move marks the end of the “concept store philosophy,” in favour of a new formula where “experience and storytelling,” is the focus. It currently has 222 monobrand stores across 41 countries, some of which will change to the new format and some that will remain as they are.

“The fashion system is going through an evolution,” Domenico Dolce tells BoF. How Burberry is Operationalising 'See Now, Buy Now'. LONDON, United Kingdom — Burberry will unveil its first ever “see now, buy now” show at London Fashion Week on Monday, heralding a new era for the industry in which fans can get their hands on "seasonless" items immediately after they are presented on the runway.

How Burberry is Operationalising 'See Now, Buy Now'

But the new approach has significant implications for production and supply chains, which were out of sync with communications and marketing departments, and all eyes remain on the brand to see how it has executed the changes needed to adapt towards a fashion immediacy model. When the company announced its new consumer-facing concept in February, it was held up as a solution to long-standing problems with the traditional fashion calendar. Fashion shows had long been strictly industry events for press and buyers to preview collections. The innovative concept ignited a new chapter for the global fashion industry. If any brand can make it work though, it is Burberry. Designing Sampling Burberry's latest campaign | Source: Courtesy. Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands.

GENEVA, Switzerland – For over a century, Cartier has sold elegant, if simple, timepieces such as the Tank, which starts around $2,500 – affordable by Swiss watch standards, and never confused with the level of technical finesse from brands like Patek Philippe.

Cartier’s $600,000 Watch Shows Risks of Extending Luxury Brands

Then a decade ago, Cartier sought to prove its own prowess, investing millions to build one of Switzerland’s largest watch factories and bringing in an industry veteran to head a fine watchmaking unit. The jeweller delved into the segment for connoisseurs known as “complicated pieces,” which sport analog mechanisms such as calendars that adjust for leap years and require painstaking hand craftsmanship. Richemont, Hermès Slump as Gloom Deepens in Luxury Industry. Prada Sales Slide on Weak Demand. MILAN, Italy — Prada SpA reported the first decline in opening-half sales since its 2011 listing as weak demand in China and terrorist attacks in Europe continued to weigh on the Italian luxury-goods maker.

Prada Sales Slide on Weak Demand

Revenue fell 15 percent to €1.55 billion ($1.8 billion), the Hong Kong-listed company said in a statement Friday, missing the €1.65 billion average analyst estimate compiled by Bloomberg. Earnings also declined, though by slightly less than analysts predicted. As the wider luxury industry struggles for growth, Prada has been hit harder than most. That is partly because its handbags are too expensive and it is been too slow to invest online, according to Sanford C. Bernstein analysts.