LVMH adds another watch brand to their portfolio. Hublot, whose watches retail from between 8,000 to a million euros, was founded in 1980 and has had a tidy, often impressive, record of growth over the years. LVMH already owns Zenith, Tag Heuer, and Chaumet watch brands. Hublot's aesthetic is neither as sporty as Tag Heuer or as dressed up as Zenith, and both parties saw the acquisition as a good fit with potential for growth.
3.1 Pillip Lim is growing by the minute. Lim will see his Tokyo flagship open its doors this weekend, a Los Angeles store is meant to open this June, and, after that, dozens of stores are planned to erupt over the next few years. Lim who went from cult boutique designer to big department store designer, almost over night, seems to be setting his sights on being one of the major brands in the industry. Lim is now designing menswear and children's apparel and a full range of accessories and outerwear. Lim's price points (and minimums on deliveries) have likewise increased and his aesthetic is much less 20-something than it was when he first set out. Lim's got an agenda, this much is clear.
Vogue Italia has shot an entire issue featuring 'non-black' models. The rumors were circulating for some time and it has been confirmed that photographer Steven Meisel for Vogue Italia have really pulled this one off. The issue, obviously, comments on homogeneity in the fashion business and should be a major slap in the face to American and British Vogue, two notorious examples of this, to put it nicely, lack of imagination.