Showing posts with label luxury. Show all posts
Showing posts with label luxury. Show all posts

Wednesday, 26 September 2012

Vogue Café and GQ Bar to open in Dubai Mall


Dubai Mall is preparing to welcome the Vogue café and a GQ bar, both titles belonging to Condé Nast.


Diversification is the name of the game over at Condé Nast. The international publishing house responsible for Vogue , Vanity Fair , Glamour and GQ already has designs on a fashion college , and is now set to conquer the Middle East with a Vogue café and GQ bar.

A new Vogue Café (there is already one in Russia) is slated to launch in Dubai by the end of the year, but this being glossy fashion bible Vogue , it will be housed inside the world's largest shoe store.
Level Shoe District, a 96,000 sq ft luxury retail space, will stock more than 250 shoe brands and is situated in Dubai Mall at the foot of the world's tallest skyscraper - the 828 metre-high Burj Khalifa.

"The expatriate community and the local Emirati community are very conscious of brands," said Stuart Nielsen, director of Conde Nast's restaurant division, which was launched in 2010. "People always love to eat and drink, and we see an opportunity because they love fashion."

The Vogue Café will not serve alcohol, but a hotel-based bar inspired by its men's title, GQ , is being plotted for launch in Dubai early next year, would.

The company is planning to open another GQ Bar in Istanbul this year, and has signed deals for Condé Nast establishments in Bangkok and Singapore, Nielsen said. It is also considering opening cafés in Mideast cities closer to Dubai, including Kuwait City and the Emirati capital, Abu Dhabi.

Wednesday, 12 September 2012

BURBERRY falling Down!!


Indeed... The market is changing, and so are the market players!

Luxury goods maker Burberry shocked the markets on Wednesday with a warning that sales had stalled in the clearest sign yet that slowing demand from China is having an impact on the booming sector.



The profit warning wiped £1bn off Burberry's market value, sending shares in the 156-year-old fashion house down nearly 21% to £10.87. Following disappointment from Coach and Ralph Lauren in recent weeks, this is the first major disappointment for European luxury brands, analysts said. The shine has also come off sales at New York-based jeweller Tiffany, with Europeans and Asians buying fewer $65,000 (£40,000) diamond necklaces and $10,000 amethyst earrings.

Experts predict the global slowdown will prompt the rise of more affordable luxury lines and lead to Chinese shoppers becoming more discerning in what they buy.

Burberry, known for its trademark camel, red and black check, said like-for-like sales ground to a halt in the 10 weeks to 8 September and have started to fall in recent weeks. Total sales including new space were up 6%. It warned that profits before tax for the year to March 2013 would be at the lower end of City expectations, which ranged from £407m to £455m.

Burberry's chief executive Angela Ahrendts said: "As we stated in July, the external environment is becoming more challenging."

Sales of luxury goods in China tripled in value in the last five years, according to Euromonitor International. Its burgeoning middle classes have become key clientele for Burberry and other international luxury brands including France's LVMH, Hermes and Gucci owner PPR, splurging on western designer fashion and handbags.

Tuesday, 5 June 2012

Cinderella chooses Louboutin


Christian Louboutin has been invited by Disney to bring Cinderella to life with a fashion forward twist.

Louboutin - known for his trademark red soles - has been tasked to put his own magic touch on the world’s most famous pair of shoes, Cinderella’s slipper.

The new design will be a modern representation iof the heel from the classic fairytale which is set to be re-released as a “Diamond Edition” on Blu-ray this October.

“Isn’t it everyone’s dream, to once in your life part of a fairy tale?” Louboutin mused.

“Walt Disney Studios gave me a wonderful opportunity to live this magical moment. I have been so lucky to have crossed paths with Cinderella, an icon who is so emblematic to the shoe world as well as the dream world.”
Christian Louboutin

This isn’t the first foray into fashion for Disney. Alfred Angelo and Disney debuted their first collection of bridal gowns in 2010, Disney Fairy Tale Weddings by Alfred Angelo, as part of Disney Bridal.

Meanwhile, Harrods will unveil a set of window displays showcasing dresses created by a number of world-leading designers in November, including Oscar de la Renta, Versace and Elie Saab, each with their interpretation of the original Disney Princess dresses.

A pair of Louboutin shoes starts at around $600 and can cost up to several thousand dollars.

Further details are yet to be released until July, but if you want to be the first to find out what the new Louboutin Cinderella shoes will look like, visit the Cinderella Facebook page for the latest updates.

Popular Posts