1. How Supreme, NikeLab collaborations made a streetwear darling of Stone Island: “The best definition is no definition. We are not streetwear, we are not luxury, we are not fashion. It is a unique position.” And more than that, the Italian company “is still small. We are niche. We are not mass market at all.” – Read More on SCMP
2. How Hermès Built a Booming Luxury Business From a Humble Harness: “The equestrian department of Hermès is a bit like the haute couture department at Chanel. It’s what they were originally about, and there is still a small clientele that pays money for it.” – Read More on WSJ
3. Hermes CEO steps down from L'Oreal board over competing make-up line: French beauty group L’Oreal reveals that Axel Dumas, the CEO of Birkin-bag maker Hermes, had resigned as a board member as the luxury group starts work on its own line of cosmetics. Hermes is due to branch into make-up by 2020, with skincare products due later. – Read More on Reuters
4. Karl Lagerfeld saved Chanel – so which other dormant heritage brands are being revived? The late Karl Lagerfeld provided the best example of how to revive one of fashion’s “sleeping beauties” when he saved Chanel from oblivion in 1983 and turned it into a legendary luxury brand with revenues of US$9.62 billion for 2017. – Read More on SCMP
5. As for the other brands currently in the process of revival: in September 2018, LVMH group announced plans to relaunch the couture house Jean Patou, Chanel’s biggest rival after the first world war. Also, there is Paul Poiret. And still yet, the rocky road that has been the attempt to revive Charles James.