Christopher Bailey has been decorated. The artistic director for Burberry has been “elevated to the rank of Member of the Order of the British Empire (MBE)”, recognizing his “services to the fashion industry”.
For those that did not know it yet, the economic crisis spares no-one. Not even the luxury sector. Actors in the sector know it and are coming up with new marketing line-ups. The ink is still wet on the proposals, but it seems like ostentation is out, emotion in.
From rare Japanese lacquers to Hopi Indian dolls and Chinese statues 2,000 years old, fashion icon Kenzo Takada waves off his personal art collection at auction Tuesday 16 June as he downsizes his Paris home.
British department stores group House of Fraser denied on Tuesday 16 June it was considering selling any of its stores and said it was trading ahead of its expectations, with sales growth in the last 12 weeks.
The luxury off-the-peg womenswear fashion house Balenciaga (PPR) announced on Friday 12 June that it had opened its first two boutiques in mainland China and expressed its intention to develop its implantation there.