This year, footwear virtuoso Giuseppe Zanotti marks 20 years of his eponymous brand, and he’s doing so in highly glamorous fashion. To commemorate the occasion, the company has released Jewel, the first of four anniversary capsule collections, this one featuring Zanotti’s popular flat sandals reimagined in gold with glittering details.
Late last week, word broken that more than $100,000 worth of clothing, shoes, handbags and accessories had been swiped from Saint Laurent’s Chicago boutique in a brazen smash-and-grab robbery in the middle of the night, and now we’ve received an interesting note from a tipster: a Saint Laurent Crocodile Sac de Jour Bag, priced at over $29,000, was among the loot missing from the store when the cops arrived.
It’s been a turbulent year for handbag favorite Mulberry. First, creative director Emma Hill left at the end of last summer, amid rumors that she and management weren’t exactly getting along. Now, word broke late last week that CEO Bruno Guillon has up and quit, ending his short run with the brand, which Reuters characterized as “turblent.” What happens from here?
It’s been a big week for luxury theft in the news. First, a woman in England was found guilty of stealing nearly 1,000 designer handbags, one by one, over a period of three years. If that weren’t enough, yesterday came word that an entire Hermes collection had been stolen off the back of a truck in Milan, forcing the cancellation of an Hermes press preview that had been scheduled.
According to the Telegraph, third quarter growth for LVMH weakened to just two percent, an outcome which the conglomerate’s recent shift in strategy probably predicted. Although that’s still growth, it’s certainly a marked shift from what the world’s largest luxury company is used to and the kind of growth its counted on in the past.