Showing posts with label Louis Vuitton. Show all posts
Showing posts with label Louis Vuitton. Show all posts

8.06.2013

PONDERING PRET-A-PORTER: Is Hip-hop good for fashion?

Minimalism n. 1. a style or technique that is characterized by extreme spareness and simplicity
Hip-hop and fashion have an interesting relationship at the current moment.  Much like a mother and her new born child, rap is nursing from the breast of fashion.  Fashion doesn't seem to mind the inspiration sought out from Milan and Paris and seems to enjoy the attention (Tom Ford was "completely flattered" by Jay Z naming a song after him on his new album, Magna Carta Holy Grail),  but come a certain point there won't be much left to do.  While we could examine the direct and indirect influences of fashion on rap, it is more interesting to look at the physical connections between fashion and rap, mainly collaborations.

Recently the collaboration between minimalist Parisian fashion house A.P.C. and rapper Kanye West has been making headlines for its minimalist designs (this isn't West's first foray in the fashion world).  Most notably having collaborated with Nike, Louis Vuitton and Giuseppe Zanotti, West also caused quite a stir when he presented a women's runway collection at Fall 2012 Ready-to-Wear in Paris to less than stellar reviews with a followup in the Spring.  West tasked A.P.C.'s creative director Jean Touitou with creating a "kingdom of dopeness," but eventually just settled for a short sleeved hoodie, a long sleeved hoodie, a plain white t shirt, a graphic t shirt and denim.

Jay Z doesn't pop molly, he rocks Tom Ford

Overall a rather boring and unoriginal collaboration which quite frankly makes me question whether or not such pieces are worthy of being considered fashion.  Made up of basics which could be easily found at the Gap along with other equally average and accessible retailers, collaborations like this and rappers forays within the fashion world simply diminish the sanctity which makes up high fashion and haute couture.  Consequently, Jean Touitou believes that high fashion will go on the offensive against hip-hop: "Fashion killed rock and roll. Fashion killed contemporary art, and turned it vulgar. And if hip-hop artists are not careful it will also kill hip-hop."

Is Touitou right? Could couture be Kanye's ultimate demise? Let us know your opinions on fashion and its relationship with rap music in the comments below.


To view Kanye's collaboration with APC, click here: A.P.C. Store



7.29.2013

STYLE TIDINGS: Clash of the Titans


Hermès Boutique Paris

Louis Vuitton Moet Hennessy, the powerhouse conglomerate lead by French tycoon (practically an oligarch) Bernard Arnault, has continuously been legally challenged by its rival Hermès over the past year.  Beginning with a suit filed almost a year ago in September of 2012, Hermès stipulates that LVMH conducted insider trading and price manipulation in their purchase of Hermès shares in 2010.

LVMH currently owns 22.6% of the notoriously privately held Hermès, and it seems that Arnault desires to scoop up as much of the storied Parisian luxury-goods maker as possible.  The Dumas, Puech and Guerrand families who control 70% of the Hermès shares had filed in the previous year to move their shares into a private holding company to protect from LVMH.

Just last month LVMH was fined 8 million euros by the French Autorité des Marchés Financiers (the name translates to Financial Markets Authority), the regulation committee in place within France.  According to Reuters, "The AMF's enforcement committee condemned the 'unusual' way LVMH had amassed its shares, buying equity swaps with a number of banks so as to avoid disclosure requirements and using foreign subsidiaries that were not listed as consolidated units until its 2010 annual report."

Bernard Arnault, Chairman & CEO of LVMH

 Is this the last we will hear from rival LVMH? - Probably not.  Controlling several of the top names in fashion including Louis Vuitton, Kenzo, Givenchy, Fendi and Céline (an abbreviated list), Arsenault has no reason not to continue his assault on Hermès ownership.  With the famed Birkin and Kelly bags at record sales levels and the expanding market in China, Hermès share price has increased 40 euros year to date.

Personally this author is rooting for Hermès.  Clearly the underdog on this one, Hermès remains pure of  LVMH's prostitution most notably displayed by their name-sake, Louis Vuitton.  LV (and Gucci for that matter) has increased its accessibility by opening up to more markets in the last few years. As a direct result, Louis Vuitton's exclusivity has sharply plummeted and as a result so has the Parisian trunk maker's image, which is now often and easily seen on the soccer mom's of America.. (ironically contributing to the soaring popularity of Céline handbags). Staying clear of Arnault's ownership has assisted Hermès in maintaining its brand and all that it encompasses (regardless of any Kardashian interferences while doing so).

The Classic H Belt Buckle
Tell us how you feel about the LVMH scandal in the comments! Do you feel LV is passé yet? What's your favourite luxury designer brand?

Click here to shop Hermès: Hermes.com

Click here to shop Louis Vuitton:  Louisvuitton.com