LUXURY PRESS DIGEST 27TH APRIL
Luxury Fashion, Retail & Consumer Goods
WALPOLE LUXURY FAR EASTERN GROWTH SUMMIT TOMORROW
Don’t miss your last chance to join Harrods, GQ Asia, Alibaba, Land Rover, BoF, Debrett’s, WGSN, McKinsey, Global Blue & more at Walpole's Luxury Eastern Growth Summit tomorrow. We have now announced the final speakers and agenda for tomorrow’s highly anticipated Luxury Summit at 195 Piccadilly, London. We hope to see you at what promises to be an unmissable insight into China and the next tier of key Asian growth markets for luxury, with the latest research, statistics, opportunities & developments from the region revealed by our 22 expert speakers.
CONDÉ NAST INTERNATIONAL LUXURY CONFERENCE TRAVELS TO SOUTH KOREA FOR 2016
Luxury Daily writes that as Condé Nast International Luxury Conference comes to a close in Florence, Italy attendees and speakers anxiously wait for the 2016’s event in Seoul, South Korea. This year’s event brought together more than 500 individuals from 36 different countries to discuss the luxury industry. The location change to South Korea will allow guests to witness one of Asia’s largest luxury markets. In April 2016 the conference will be held under the patronage of Park Won Soon, the Mayor of Seoul.
LUXURY RETAILING: HAS HAUTE COUTURE LOST ITS ALLURE?
Investor Chronicle writes if you're into haute couture, cast your mind back to Karl Lagerfeld's 2014 autumn/winter show. The designer transformed the Grand Palais in Paris into a giant Chanel supermarket. Models strutted up and down the aisles popping high-priced products, such as CoCo Chanel Coco Pops, into their baskets. Who knows what Mr Lagerfeld was attempting to communicate with the spectacle - maybe it was just that. But some commentators interpreted the production as a symbol of the democratisation of luxury: that it can be found anywhere and in anything.
ROLLS-ROYCE REVEALS LUXURY LINE OF 25 CARS
CTV News reports that British luxury car maker Rolls-Royce has shared details on the Phantom Limelight Collection, the latest line of bespoke models out of its workshops in Goodwood, England. The new limited edition will consist of just 25 cars. Designed exclusively for prestigious clients with high expectations, the new luxury sedan is defined by its lavish cabin, which is decked out in an artful combination of refined wood, leather and embroidery.
HARRIS TWEED: THE WOOL TO SUCCEED
The Telegraph reports that Harris Tweed has been saved from the brink of extinction by a canny combination of big-business nous and cottage-industry charm – with all the weaving still done by hand, in private homes. In a perfectly timed intervention, a triumvirate of saviours stepped in to salvage the tweed industry. Brian Wilson, the former Blair cabinet minister and now the chairman of Harris Tweed Hebrides, moved to Lewis in 2005 after he resigned as an MP. He became aware of the situation, and, crucially, realised that there was a mill at Shawbost, on the west of the island, which had been standing empty for 18 months. He knew that if it could be purchased, renovated and run properly, the industry might yet be saved.
Luxury Travel, Culture & Leisure
INSIDE THE LUXURY SWIM SHORTS BOOM
Esquire writes that men’s swimwear is a tricky thing. On the one hand, the market has been characterised by nine-inch board shorts and graphics targeting teenagers, on the other are the dreaded budgie smugglers. There was little going for the regular guy who just wanted to feel comfortable (or at least, not too uncomfortable) by the pool: the style-literate demographic who had the rest of their wardrobe sorted, but who’d never paid their swimmers much heed. But the last few years have seen a new wave of brands rising to fill this gap: luxury men’s swimwear is now a booming market.