Haute Couture's Future
long -but to some maybe interesting- article on the future strategies and clients of Haute Couture.. Part one
from wwd ..more later
long -but to some maybe interesting- article on the future strategies and clients of Haute Couture.. Part one
Albeit abbreviated, couture week, which kicks off here today, still has some legs. And those legs are moving.
The dwindling number of couture houses are recognizing that, if wealthy clients in the Middle East, Russia, the Far East and the U.S. can't or won't come to the shows, then the designers will take their collections on the road. The latest will be Chanel and Giorgio Armani, which, come March, will both reprise their Paris shows in Hong Kong in a bid to capture a new clientele.
"We want them to know all aspects of the brand," said Françoise Montenay, president of Chanel SA, which plans to invite its top ready-to-wear and fine jewelry clients from all over the region to its March 24 event. "The richest [Asian] people already gravitate to the most sophisticated part of our ready-to-wear. They are very near to the couture already."
Executives also expect an influx of Russian clients this season — and likely a few from India — to keep their couture ateliers busy, even as they acknowledge that high fashion needs more serious participants and an influx of skilled workers to ensure its long-term survival.
The new owner of Emanuel Ungaro is eyeing a return to the couture schedule in July, and many couture executives are crossing their fingers that Donatella Versace is doing the same — and why not such illustrious French names as Lanvin and Balenciaga?
"I think it's a very, very big mistake for all those very nice brands that were doing couture to stop for profit considerations," Montenay said. "The financial people should rethink their decisions, and remember what couture brings to the brand image, and what couture brings in terms of publicity."
Thanks partly to the dwindling number of players — with Yves Saint Laurent, Balmain, Scherrer and Hanae Mori among those exiting couture in recent years — some remaining houses have charted a sharp uptick in orders.
Michele Norsa, chief executive officer of Valentino Fashion Group, said the company's couture sales rose 75 percent last year, maxing out the production capacity of the 65 employees in its Rome atelier.
Still, "you are talking about small numbers," he said. "The customers of the haute couture represent about 200 to 300 people. The time involved and the way of buying is very special. It's akin to a man buying a yacht and having it manufactured."
The Middle East remains Valentino's number-one market for couture. To wit: The house recently has dispatched its collection by plane to major clients in Abu Dhabi and Dubai in the United Arab Emirates and Riyadh, Saudi Arabia. Europe and the U.S. are also key, Norsa said, with Russia on the rise. "In the future, I see Russian customers becoming more important for the haute couture," he said, echoing the opinion of his peers.
Norsa described Asia as "not so important for the moment," even if the house recently has received inquiries from Hong Kong clients about ordering couture dresses for weddings.
That several couture houses are taking their shows east demonstrates confidence in a frontier with burgeoning wealth and established fashion sophistication.
Chanel, present in Hong Kong for 26 years, is encouraged by that city's booming economy and by nearby Macau's ambitious development as a casino and resort destination for Asia and beyond. Last month, the firm flew in artisans from its Paris ateliers to give demonstrations of embroidery and camellia-making — which won raves from its clients.
Christian Dior also has showcased its couture savoir faire several times in Asia, with an exhibition of recent and vintage couture dresses in Tokyo when it opened its Ginza flagship, and by broadcasting its couture show on massive screens in central Hong Kong in tandem with an opening at the Landmark.
"[Couture] is an excellent communication tool for Japan and Asia, a way to explain the culture and the DNA of the brand," Dior chairman and ceo Sidney Toledano said. "It's an important investment in image and know-how. This is how we differentiate."
Armani characterized his debut Asian couture showing as a special occasion for his large and extremely affluent base of rtw customers. Robert Triefus, Armani's executive vice president of worldwide communications, said a total of 1,500 attendees, some gleaned from HSBC's private banking client list, are expected to receive invitations. Although the company will not take orders on the spot, interested clients may be invited to Paris for Armani's July show.
"We are expanding the world of couture by bringing prêt-à-porter clients into it," Triefus said. "We feel that the dream of couture is about coming to Paris and seeing the show in Paris during couture week."
from wwd ..more later
