Tag: Alexander McQueen

  • Client data exposed in Gucci, Balenciaga and McQueen cyberattack

    Client data exposed in Gucci, Balenciaga and McQueen cyberattack

    Luxury brands Gucci, Balenciaga, and Alexander McQueen have fallen victim to a cyber attack, leading to the potential theft of millions of customer’s private details. The assault targeted Kering, the French corporation that owns these prestigious labels.

    Kering recognized and confirmed the breach but did not publicly name the brands impacted. In a statement made in June, they reported that “an unauthorized third party momentarily gained access to our systems and accessed limited customer data from some of our Houses”.

    This incident is not an isolated event but seems to be part of a broader trend impacting luxury brands and retailers throughout the year. Other brands that suffered similar breaches include Cartier, owned by Richemont, and labels under LVMH. In July, a data leak affecting approximately 419,000 customers at LVMH’s Louis Vuitton was being investigated by Hong Kong’s privacy watchdog.

    The stolen customer data reportedly includes names, email addresses, phone numbers, addresses, and the total amounts spent at the brands’ stores. Notably, Kering has reassured that no financial information, such as credit card or bank account numbers, was stolen during the attack.

    The hackers, referring to themselves as “Shiny Hunters,” allege to have data associated with 7.4 million unique email addresses.

    In response to the breach, Kering stated that its brands promptly reported the incident to the relevant authorities and notified customers in accordance with local regulations. However, Kering did not provide a response when questioned about the countries impacted by the cyber attack.

    Questions & Answers

    What brands were affected by the cyber attack?
    The affected brands include luxury labels Gucci, Balenciaga, and Alexander McQueen, all owned by French parent company Kering.

    What kind of customer information was stolen during the breach?
    Reportedly, the stolen client data includes names, email addresses, phone numbers, addresses and the total amounts spent at the brands’ stores. However, no financial information like credit card or bank account numbers were compromised.

    How did Kering respond to the cyber attack?
    Kering reported that its brands immediately disclosed the breach to relevant authorities and notified customers as per local regulations. However, they did not comment on the specific countries affected by the attack.

  • Alexander McQueen opens Tokyo flagship store

    Alexander McQueen opens Tokyo flagship store

    British fashion label Alexander McQueen has opened a flagship store at Omotesando, Tokyo.

    Located in the shopping complex Oak Omotesando, the store occupies a 253sqm space and spans two stories. The first floor houses women’s clothes and accessories while the second floor features apparel and accessories for men.

    The Alexander McQueen Omotesando concept is a result of the collaboration between creative director Sarah Burton and architect Smiljan Radic. The store exterior features glass floor-to-ceiling doors and windows with grey metal frames, allowing customers to see into the store from the outside. The interior uses woods such as oak or walnut as the main material, creating a warm ambiance.

    The storehouses four fitting rooms designed in a glass cylinder shape with butterfly-patterned curtains. The patterns were previously featured in the brand’s Fall/Winter 2018 and 2019 Collection.

  • Fashion Brand Alexander McQueen joins Tmall

    Fashion Brand Alexander McQueen joins Tmall

    British fashion house Alexander McQueen — known for its unique tailoring and audacious designs — has soft-launched a virtual store on the Tmall Luxury Pavilion, Alibaba Group’s platform for luxury and premium brands.

    It will be the first online store in China that’s directly run by the house itself, rather than through a local partner, giving it full creative control over the look and feel of the site, the Pavilion said.

    The luxury brand was founded in 1992 by the late Lee Alexander McQueen, known for combining a respect for traditional craftsmanship with provocative, darkly romantic designs. Today, his eponymous label remains hugely influential, seen as synonymous with modern British couture. Following his death in 2010, Sarah Burton was appointed creative director of the house. Burton, who worked alongside McQueen for 14 years, currently oversees the creative direction of all the brand’s collections.

    The Alexander McQueen brand oversees a network of 73 directly operated brick-and-mortar boutiques, as well as several franchises and specialty stores worldwide, with flagships stores due to open in Shanghai and Hong Kong in 2019, per its parent Kering Group.

    The Tmall Luxury Pavilion Alexander McQueen store will officially launch on April 16, featuring items that incorporate images from the John Daekin Archive as part of the designs. The archive manages the work of John Daekin, the 20th-century British photographer who captured the lives of his artist and poet friends in London’s bohemia, Soho.

    Alexander McQueen is the third Kering-owned luxury brand to join the Pavilion, following Hong Kong-based jeweller Qeelin and Italian fashion house Bottega Veneta. Launched in 2017, Tmall Luxury Pavilion now offers more than 100 brands, ranging from apparel and beauty items to watches and luxury cars, including Valentino, Burberry, Tod’s, Versace, Stella McCartney, Moschino, Giuseppe Zanotti, MCM, La Mer, Maserati, LVMH-owned Rimowa, Guerlain, Givenchy, Tag Heuer and Zenith.

    Sherry Lang, MD of Tmall’s luxury division, said the Pavilion helps maisons and premium brands engage with China’s younger generation of consumers, delivering the same brand exclusivity and tailored shopping experience online that they would get in a brick-and-mortar store.

    “We also want to help luxury brands expand their reach in smaller cities and rural areas, where purchasing power is growing, but offer limited access to luxury goods,” said Lang. “The Pavilion is well-positioned to fill that gap.”

    The growth of the Pavilion comes as Chinese consumers drive global high-end spending, with Mainland China’s luxury sales growing 20 per cent to €23 billion ($25.8 billion) last year, according to Bain & Co. The consulting firm forecasts that by 2025, Chinese consumers will account for 46 per cent of the global market, up from 33 per cent last year.

  • Vogue opens first Tokyo wedding dress salon

    Vogue opens first Tokyo wedding dress salon

    International fashion magazine Vogue has opened its first wedding dress salon. Facing Aoyama Kotto-dori in Tokyo’s Omotesando district, the salon has hired specialist staff to offer tasteful suggestions not only with regard to dresses and accessories but also extending to hair, makeup and photography services.“The biggest single keyword for contemporary today’s weddings is ‘diversification of values’”, said Vogue Wedding creative director Mayumi Nakamura. “Now is a time for brides who embrace different values to rejoice in their individuality.

     

    “At Vogue Wedding Salon, in addition to traditional wedding dresses, we have prepared a wide variety of more adventurous styles. These items include stunning bridal gowns from popular designer brands that will be familiar to readers of Vogue such as Alexander McQueen, Giambattista Valli, Oscar de la Renta, Sergio Rossi, and so on. I hope that at Vogue Wedding Salon you will enjoy choosing a stylish dress that is not bound by existing rules.

    View the gallery below (4 images) :

    In addition to traditional wedding dresses, visitors can expect to encounter a variety of fashionably styled modern dresses selected by Vogue and created by top international designers based in the world’s fashion capitals beginning with Paris, New York, Milan, and London. Visitors will find a lineup of popular luxury bridal gown brands, as well as a selection of brands that are available exclusively from Vogue Wedding Salon.

    The salon is also equipped with a photo space where aspiring brides and grooms can take advantage of Vogue’s wedding photography services.

    In addition to wedding dresses, an extensive range of eveningwear and luxury brand shoes and accessories are available. The salon can also offer customers a luxury shoe brand custom order service.

  • The coolest men’s sneakers from Paris Fashion Week

    The coolest men’s sneakers from Paris Fashion Week

    Paris Fashion Week Men’s was not lacking in head-turning street-style looks this year. Attendees brought their sartorial A-game to take in new fall ’19 collections from the hottest designers. A guest paired trendy Off-White socks with shiny silver Maison Margiela sneakers that featured a chunky platform sole and an iridescent finish. Cuffed denim jeans highlighted the pairing perfectly.

    Elsewhere, a guest showed off J.W. Anderson’s new Converse collab sneakers, which feature a rubber jagged platform sole. The high-tops debuted on the catwalk at Anderson’s spring ’19 show.

    Meanwhile, Adidas x Alexander Wang Turnout Mint White runners caught our attention with its chunky midsole design, a mash-up inspired by several previous Adidas sneakers.

    The Nike x A-Cold-Wall Zoom Vomero +5, designed by Samuel Ross, undeniably stands out with its enlarged heel counter. The style, which dropped in November, blends retro and futuristic elements.

    Lastly, the oversized red and white contrast leather sneakers by Alexander McQueen, which Timothée Chalamet has worn on the red carpet, of course, made an appearance at fashion week.

  • Gucci powers Kering third quarter sales

    Gucci powers Kering third quarter sales

    Kering sales growth significantly outpaced its rivals during the third quarter, up 27.6 per cent as reported and 27.5 per cent on a comparable basis, to €3.402 billion. In Kering-operated stores, Asia Pacific sales rose 33.3 per cent on a comparable basis, bettered only by North America’s 36.1 per cent increase. Growth in online sales exceeded 80 per cent and wholesale sales rose 27 per cent.

    “We are extraordinarily proud of the remarkable performances Kering delivers quarter after quarter,” said chairman and CEO Francois-Henri Pinault. “Our growth, whose pace is unprecedented in the luxury sector, is sound, well balanced and sustained across all regions and distribution channels.”

    Pinault said the company’s enduring success comes down to the talent of each of its brands in “creating strong emotional ties with its customers, conceiving a bold, generous creative universe, and reinventing its codes”.

    “Beyond short-term developments, we know that the secular growth of the luxury market, but particularly our solid fundamentals and the discipline with which we implement our strategy, will continue to support our operating and financial outperformance.”

    Gucci led Kering sales growth during the quarter, with sales up 35.1 percent and strong performance across all distribution channels, regions and product categories. Gucci Asia-Pacific sales soared 41.9 per cent.

    Yves Saint Laurent sales rose 16.1 per cent, driven by the strong performance of iconic lines and the success of new collections.

    While Bottega Veneta sales were down 8.4 per cent on a comparable basis, the label is in a transitional phase led by recently appointed creative director Daniel Lee (ex Celine). His first full collection will go on sale early next year.

    Kering’s other houses (labels) achieved a 32.3 per cent increase in sales, driven by  “exceptional momentum” at Balenciaga and ongoing growth at Alexander McQueen. New collections and extended iconic lines from Boucheron, Pomellato and Qeelin were “very well received”.

    The watches and jewellery categories delivered what the company described as “solid performances”.

  • Saint Laurent, Alexander McQueen to open first India stores

    Saint Laurent, Alexander McQueen to open first India stores

    Two of Europe’s biggest luxury fashion brands are opening official stores in India next year, according to reports.

    French label Saint Laurent and British Alexander McQueen are set to enter India with respective debut standalone stores, sources said last week.

    With a letter of intent signed, the stores are expected to bow in DLF’s Chanakya mall in Delhi mid-2019.

    “There are plans to launch the two brands in Chanakya by the middle of next year,” one of the persons cited earlier said.

    “A letter of intent has been signed between the brands and DLF and the lease deed is awaited.”

    Both luxury brands, which form part of the French conglomerate Kering, already have a soft retail presence in India, being stocked in local boutiques and e-stores.

    Alexander McQueen products are available through multi-brand portals like Rock N Shop, while Saint Laurent is currently sold via stores Kitsch and Luxe Polis, among others.

    It is not understood if the brands plan to roll out more India stores in the near future, nor if the current retail partnerships will remain once each respective flagship opens.

    The Chanakya mall, which reopened in 2017, has attracted a number of international luxury brands such as Ted Baker, Thomas Pink, Diesel, and Rolex in the last twelve months.

    Founded in 1992, Alexander McQueen has standalone stores in the UK, US, France, China, Italy, Thailand, and Japan among other countries. Kering acquired it in 2010, and bought a majority stake of 51% in the brand.

    Saint Laurent was founded in 1961 and is also part of the Kering Group. For the first half of 2018, the Kering Group reported consolidated income of €6.432 billion.

  • Luxury group Kering reports positive numbers

    Luxury group Kering reports positive numbers

    Fashion giant Kering’s decision to focus the business on luxury appears to be paying off.

    In what chairman and CEO Francois-Henri Pinault termed “dazzling top-line and earnings performances” during the first half year, total revenue rose 33.9 per cent on a comparable basis and operating margin rose above 30 per cent for the first time in the company’s history.

    Kering sales in Asia rose by 37.6 per cent, excluding Japan, where sales rose by 30.7 per cent. That growth rate lagged the US, (up 45.4 per cent) but was well ahead of Kering’s home European market’s 25.1 per cent. Online sales more than doubled.

    While the growth occurred across most of the company’s brand portfolio, Gucci clearly led the way with sales up 44.1 per cent on a comp basis and margin from recurring operations reaching 38.2 per cent. Yves Saint Laurent sales rose 19.7 per cent.

    Revenue from Bottega Veneta was stagnant, up just 0.9 per cent, but all the other houses collectively rose by 36.5 per cent, led by Balenciaga and Alexander McQueen.

    First-half year consolidated revenue was €6.432 billion, up by 26.8 per cent before taking into account exchange rate influences and changes to the group structure. A year earlier, Kering’s portfolio included sportswear label Puma, a majority stake of which has since been spun off.

    Net income rose 185.7 per cent to €2.36 billion, although just over half of that was a capital gain resulting from the sell-down of Kering’s Puma stake.

    Pinault said Kering’s growth was “grounded in the exclusivity and desirability of our brands”.

    “The development model we implement across our houses paves the way for increased value creation as well as profitable, sustained and consistent organic growth. While facing increasingly demanding comps and an uncertain global environment, we will once again substantially enhance our financial and operating performances in 2018.”

  • Alexander McQueen partners with JD.com to expand in China

    Alexander McQueen partners with JD.com to expand in China

    Alexander McQueen China has partnered with JD.com to launch a store on the e-commerce giant’s luxury platform Toplife.

    It will offer the full Alexander McQueen fashion ranges as well as accessories.

    While the UK luxury fashion brand already has 15 on-ground stores throughout China and Hong Kong, it aims to bolster its online reach through JD.com’s logistical infrastructure as well as its understanding of the Chinese luxury e-commerce.

    “This is a strategic addition to our physical presence in China, part of our multi-channel experience,” says Alexander McQueen CEO Emmanuel Gintzburger. “JD.com’s advanced capabilities will allow us to engage with a larger local clientele while respecting the creative expression of the house.”

    Launched in October, Toplife aims to fill a gap in the Chinese e-commerce market by offering only full-priced items from premium global brands. It offers international luxury brands access to its allround system, which seamlessly incorporates an online store, premium customer service, delivery services and marketing and branding expertise.

    The move follows the launch of Saint Laurent’s stand-alone store on Toplife earlier this month.

  • Alexander McQueen opens new store at Elements

    Alexander McQueen opens new store at Elements

    Alexander McQueen shows a world that is both classic and contemporary, familiar and subversive at its new retail store at Elements in Tsim sha Tsui.

    Creative director Sarah Burton partnered with David Collins Studio to design the store, which highlights nude and black colours with accents of aged and polished brass.

    Bookmatched Calacatta Oro marble is used to create a stunning marble feature wall in the shop front while pink onyx frames the collection with bold architectural backdrops.

    A selection of special commissions and mid-century-inspired furniture are curated within the store, including armchairs upholstered in antique blush and black.

    Alexander McQueen stores can also be found at Sogo Department Store in Causeway Bay and Landmark Atrium in Central.

  • LVMH will expand to eyewear business

    LVMH will expand to eyewear business

    Luxury brand group LVMH is thinking about taking its eyewear business in-house.

    This could be a further blow for Italian eyewear group Safilo, which lost the Armani licence in 2013 and those for the Kering Group labels (Alexander McQueen, Bottega Veneta, Gucci and Saint Laurent) at the end of 2014, reports CPP-Luxury.com.

    Italian investment bank Mediobanca has published a report about Safilo, owned by Dutch investment fund Hal, focussing on its announcement that its licence agreement with Celine has been terminated while its contract with Christian Dior has been extended until 2020. The licence for Celine’s eyeglass collections – the LVMH label joined Safilo’s portfolio in 2012 – ends on December 31.

    While the licence agreement for the design, production and distribution of eyeglasses and sunglasses for Dior and Dior Homme, also part of LVMH’s galaxy, has been extended until the end of 2020, Mediobanca says the extension is for three years only, not for seven years as was the case for the previous contract, renewed in September 2010.

    The bank’s analysts noted that the standard renewable licence contract is for five years.

    “We believe markets are much more volatile than in the past, and renegotiating contracts on a more frequent basis may be to the advantage of both parties,” says the bank. “But we think this could also signal a change in LVMH’s approach as the group has the financial strength to internalise its eyewear business, as Kering did a few years ago.”

    LVMH has been managing the eyewear collections for its leading brand, Louis Vuitton, internally for several years.

    Mediobanca estimates the sales for Celine and Dior eyeglasses collections are worth respectively €40 million (US$41 million) and €200 million. As well as these, there are the sales for the eyewear lines of Fendi, Givenchy and Marc Jacobs, all licensed to Safilo. Altogether, LVMH brands are worth €350 million in annual revenue for the eyewear group, equivalent to nearly 30 per cent of its total revenue, which Mediobanca pegs at €1.2 billion.

    The bank report also highlighted the Safilo portfolio’s “marked reliance on one single client”, plus the weakness of its own brands.