Word: gucci
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Dates: during 2000-2009
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Vacationing Japanese often take advantage of cheaper prices on items other than Gucci scarves and Louis Vuitton bags. Dentists and doctors in Taiwan and Thailand are increasingly on the tourist trail from Tokyo: a round-trip ticket to Taipei and a visit to a dentist - many of them U.S.-trained - cost less than a lunchtime appointment with a tooth doc at home. Japanese travelers are also increasingly making a beeline for luxury services at bargain prices, like foot massages in Taiwan and herbal steam spas in South Korea...
...generation gap could lay in the tastes of fashionable Japan. Although Japanese consumers buy the vast majority of Yamamoto, Miyake and Comme des GarCons merchandise, they are fascinated with what the Western world is wearing. The stock of international fashion conglomerates like LVMH Moet Hennessy Louis Vuitton and the Gucci Group can rise or fall depending on the strength of the yen and the Japanese economy. With good reason: Japanese shoppers account for some 32% of Gucci and more than 45% of Louis Vuitton brand sales. Japanese consumers, says Gucci CEO Domenico De Sole, "like brands that are truly international...
Takizawa does greet the mostly Japanese well-wishers after his show; two days later, while waiting for Akira Onozuka's Zucca show to begin, he goes virtually unnoticed. Compare that with the presence of Tom Ford, creative director of the Gucci Group, who caused major gridlock at the Les AnnEes de Pop opening at the Pompidou Center. "They don't have the sex factor," Self-Service's Koller says of the Japanese designers. "Fashion today is about being a pop star...
...stores. Rem Koolhaas, who won architecture's Nobel Prize equivalent last year, the Pritzker, is conceptualizing the New York Prada store, which sits beneath the Soho Guggenheim Museum. Christian de Portzamparc, who won the Pritzker in 1994, designed the LVMH tower on New York's 57th Street. So when Gucci took over Yves Saint Laurent, creative director Tom Ford knew that the first task was to bring the brand's stores up to world-class par. Ford, who designed the Gucci stores with the help of William Sofield, enlisted Sofield's help for YSL. The first prototype opened in December...
...Gucci creative director TOM FORD and Gucci Group CEO DOMENICO DE SOLE are continuing their game of one-upmanship in their competition with luxury-goods rival LVMH Moet Hennessy Louis Vuitton and its chief, Bernard Arnault. In their effort to diversify Gucci's fashion line and acquire designers with buzz, Ford and De Sole have already raided cutting-edge London designer Alexander McQueen from LVMH. Now the pair are set to announce that Chloe's STELLA MCCARTNEY (a media-garnering celebrity favorite and Paul's daughter) is launching her own label under Gucci; red-hot fashion star Nicolas Ghesquiere will...