Market Pulse | Big Shoes To Fill - Fashion Labels

LONDON, United Kingdom — Exceptionally, the Savigny Luxury Index (“SLI”) lost ground in October relative to a rise in the MSCI World Index (“MSCI”).  Our index was down by 0.5 percent, underperforming the MSCI by almost four percentage points, as consumer appetite for mega-brands continues to cool down and high profile management changes shake up the industry. Big news • Marc Jacobs left Louis Vuitton after a sixteen-year stint as creative director. He will now focus on the potential listing of his fast-growing namesake brand with the aim to emulate the success of Michael Kors. This would be the first time LVMH … More