A Keynote Speech by Mr. Antonio Belloni, Group Managing Director of LVMH On February 6th, students and professors gathered at Bocconi University to listen to a keynote speech by Mr. Antonio Belloni (who often goes by Mr. Toni Belloni). Mr. Belloni holds the prestigious positions of Group Managing Director at LVMH, Member of the LVMH Executive Committee, and Member of Bocconi University’s International Advisory Council. Mr. Belloni is one of the first luxury managers whose background is not rooted in the industry. He worked for many years at Procter & Gamble, becoming Managing Director of LVMH in 2001. At the time when he joined the company, the industry was highly…
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The Fashion Industry Where It’s Better To Be Ugly
The seasonal, handmade clothing item that used to be the most awkward gift of a few years back has morphed into a year round industry potentially worth millions of dollars.The ugly sweater, as they are so called, is no longer a fashion item your mother would force you to put on to be polite, but a huge business opportunity. National Ugly Christmas Sweater Day in the US, ugly sweater themed parties and competitions have gained popularity, leading to the widespread availability of the clothing item. Every holiday season major retailers bring out new and uglier-than-before designs of this garment that used to only be available if a knitted by a…
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A glance of Christmas campaigns
Christmas is coming once again. Gifts from family are always a undeniably huge part of this holiday. As usual, fashion brands are fighting hard to earn a spot in this competition trying to win the heart of customers. Let’s see some impressive fashion campaigns that have been launched this year. H&M This year H&M shot a fairytale film called “A Magical Holiday”, speaking about a little girl who tracks down “the evil brother of Santa Claus to save the Christmas season from his selfishness.” Minaj stars as the mother of the young girl before turning into a fairy named ‘the Wisest Thingy’. Jesse Williams and John Turturro also star in…
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TRAVEL: A SPECIAL CHRISTMAS GIFT
Traveling is a common hobby during all the year, but on holidays the number of people travelling increases exponentially. In Christmas time a lot of people travel around different areas of the world. The majority prefer to go to the mountains to celebrate Christmas or New Year’s Eve skiing, snowboarding and enjoying shopping with snow. In Italy, there are a lot of places to go to the mountains, some are exclusive locations such as Cortina d’Ampezzo, Madonna di Campiglio, Courmayeur where it is possible to find a wide range of boutiques. A lot of fashion brands project special events during Christmas time to attire tourists to go shopping. For example,…
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On Style
Yes, style. The magic word for magazine editors straight out of The Devil Wears Prada, Man Repellers with millions of Instagram followers and the entire fashion sphere. Showcasing your personality? Hot trends fresh off the runway? Timeless or Ephemeral? The concept of style today is largely democratic and we’re in love with it. Who said you can’t wear sweatpants with stilettos? Hi there vintage 80s suit and futuristic Les Specs. You can incorporate patches of different styles and eras that you identify with: you create your own look, your own personality. To a certain extent we have to thank the ascent of street style as a trendsetting tool as it…
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The Magnitude of Winter Holiday Shopping
In many parts of the world, the conclusion of Halloween celebrations signifies not an ending, but the start of an even more exciting holiday season: Christmas! The merriment that accompanies the holiday is not reserved for children and families, because for most retailers, the winter holidays represent a significant proportion of their sales. It’s a period of joy for everyone involved, and since its inception around 1808, the gift-giving ritual has evolved into a massive retail opportunity that has significant implications for businesses. The National Retail Federation (NRF), an American retail trade association, considers the ‘winter holidays’ as the period between November 1st and December 31st. In the United States,…
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The magic business of Holiday Windows
It’s beginning to look a lot like Christmas, from the twinkling lights and the holiday decorations all over the city, to most importantly, stores window displays. A perfect holiday window display is a great way to to draw customers who are in a festive, spending mood into stores they might not have stopped by otherwise. That’s why every retailer seems to be competing to have the most extravagant and attention-grabbing window display every year. But how much does all this effort and investment put into something seasonal pay off? Courtesy of Printemps The window dressing tradition has been around for a very long time, we can trace its beginning back…
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The Ultimate Discussion of Fashion: Fur
On October 12th, the fashion world woke up to huge news: Gucci announced they are going fur-free. The chief executive’s own words were “It’s not modern, it’s a little outdated”. So how did Gucci take this huge U-turn and decided to leave their infamous fur-lined loafers behind? The fur discussion in the fashion world has been present for years. Gucci is not the first to sign up to Fur Free Alliance; Calvin Klein, Ralph Lauren, Armani are all fur free brands. However there is no doubt that Gucci’s surprising action will have some effects on their sales regarding the fact that their best selling models all contain fur. The topic…
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Eyewear: a vision with vision
Report from the event “Eyewear: la montatura perfetta” that was held on November 8th in Università Bocconi. Iconic, timeless, the ultimate accessory, a must-have. Eyewear is a thriving business of 82 billion dollars with incredible growth potential and the world of fashion has its eye on its changing dynamics at the dawn of a new era, a new frame. Roberto Vedovotto, Chairman and CEO of Kering Eyewear and Giovanni Zoppas, CEO of Thelios discussed the mechanisms and changes of the world of eyewear in a unique talk at Bocconi University. ‘Empowering imagination’ is the motto of Kering Eyewear launched in 2014, a fully integrated start-up which operates within the powerful…
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Black Friday: let the shopping begin
Have you ever heard about Black Friday? Most of you certainly have. But do you know where this recurrence comes from? This is an American tradition related to the day after Thanksgiving which spread out all over the world few years ago. It has become a trend adopted by many companies attracting customers with incredible discounts and offers. Black Friday weekend is important for both stores and online retailers, the sales amount is around 15% of the holiday season sales (November-December) which is estimated to be around $962 billion for 2017. As far as the online shopping is concerned, Amazon has a monopoly with huge discounts on different products, from…