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...merge the two companies so Gucci will no longer be subject to a takeover." He later denied part of this, but he has talked before of turning Prada into a multinational, multibrand house like LVMH, the French conglomerate that specializes in the whims of the very wealthy, from Louis Vuitton luggage to Christian Dior gowns...

Author: /time Magazine | Title: Catfight On The Catwalk | 6/22/1998 | See Source »

...Japanese city dwellers, used to even snazzier Vuitton and Panasonic pleasures, Nagano has the charm of a big city's drawling country cousin, an apple-cheeked, wood-burning relative still known to eat raw horsemeat and pond snails and crickets. In a chestnut-filled village just 30 min. from central Nagano, a ruddy-faced high school boy gets off his bike to walk a visitor to his destination. An old woman at a country bus station counts out change with an abacus. The driver of a Highland Express cab (working 24-hr. shifts) is a robust woman with a basket...

Author: /time Magazine | Title: Nagano 1998: Into The Heartland | 2/16/1998 | See Source »

...London, was the toast of the SoHo fashion scene but unknown on the Avenue Montaigne when he took over Givenchy two years ago. A year later, Arnault moved him to Dior and plucked Alexander McQueen--even cheekier and younger, at 27--to guide the fortunes of Givenchy. At Louis Vuitton, a maker of fancy luggage and handbags that dates to 1854, he has hired an American, the young sportswear designer Marc Jacobs, to create a line of bags and sportswear to take on the chic of Gucci and Prada. Jacobs should give Vuitton a high and profitable fashion profile--what...

Author: /time Magazine | Title: FASHION: THE POPE OF FASHION | 4/21/1997 | See Source »

...also has all the power. His control of the French conglomerate LVMH Moet Hennessy Louis Vuitton has made him the king of luxury goods. Over the past decade or so, Arnault has put particular energy into high-end fashion, acquiring the houses of Dior, Christian Lacroix, Givenchy and Kenzo. If you've already made your first few billion, it is a dream kingdom. Lately, the irreverent Women's Wear Daily is calling him the Pope of Fashion...

Author: /time Magazine | Title: FASHION: THE POPE OF FASHION | 4/21/1997 | See Source »

...indulges the Gallianos on the creative side, he is whipping the production side, taking advantage of all the available back-room synergies in manufacturing and distribution. For instance, Lacroix's Bazar line is manufactured by Kenzo; Jungle, Kenzo's perfume, is made by the Givenchy factory; and Vuitton's first perfume is being concocted by Guerlain, another LVMH firm. The principle is to control costs rigorously, then spend a fortune on advertising...

Author: /time Magazine | Title: FASHION: THE POPE OF FASHION | 4/21/1997 | See Source »

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