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Fashion news 2008-06-05 07:07:31

Fashion In 50 Seconds 6/5/08

Hermes won a lawsuit against Ebay for their failure to closely monitor the sale of counterfeit goods. Although the total amount awarded to Hermes, a mere 31,000 dollars, wasn't much to speak of, the ruling establishes a greater sense of obligation for retailers to participate in the fight against counterfeiting. The same cannot be said, however, for copyright infringement. Yesterday, we reported on the Donney & Bourke versus Louis Vuitton ruling which favored, what some have called, the fakes. This Paris Fashion Week, Thierry Mugler will resurrect 21 ready to wear designs for a women's show. The fashion house's creative director, Rosemary Rodriguez, will be in charge of reinterpreting these iconic designs in what will surely give Paris Fashion Week another reason to call itself the best. Bottega Veneta earned the top spot in the Luxury Institute's 2008 Luxury Brand Status Index. The brand, when asked about their opinions on quality control, acknowledged that outsourcing has given the industry much more to think about. They sited Zara and H&M as companies that are capable of high quality garments, because of access to manufacturing facilities not unlike those that higher end companies use. VF Corp, who recently acquired Seven For All Mankind, has taken stake (one third) in Mo Industries, parent of both Ella Moss and Splendid. VF Corp acknowledged that Mo Industries has demonstrated incredible growth and consumer loyalty in recent years which leads them to believe the brands can be grown in terms of range and distribution. Revenue for the two brands has tripled since 2004, making their earnings just over 80 million last year. If all goes well, we're anticipating more on the high price point end (Ella Moss already has a higher price point line called Black Label), greater international distribution, and perhaps even some brick and mortar ventures.
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