03 October 2006

Which Wine When?

The age of devination, wondering, supposing is over... no more lingering in quaint wine stores, chatting with the owner about the merits of this region as opposed to the neighbouring one. Trying to remember if the 04 is better than the 05 (or was this vice versa?).

When in doubt.... SCAN! Just grab the bottle, zap the label and the touch sensitive screen will enumerate its many qualities.

According to CNNMoney.com:

"That's just the problem Kevin Dunleavy, 42, is trying to solve with Super Marketing Promotions.
The 20-year veteran of the food marketing industry had spent a whole career giving customers food and recipe information. But then he noticed the market beginning to change.
A 2005 Gallup poll showed wine overtaking beer in popularity with Americans. And according to British firm ISWR/DGR, the United States is expected to have the highest wine consumption in the world by 2008. At the same time, however, people are more confused than ever,
So Dunleavy created something called the Virtual Wine Selector and began testing the interactive kiosks in Meijer grocery stores this year, with a bigger rollout planned throughout the year.
Customers can scan in a bottle of wine they're interested in and receive not only the pertinent information about the wine itself - maker, flavors and so on - but also cheese and food pairings. "




Culture for sale

Not so long after selling off Printemps (see : Rinascente in Spring) PPR is thinking of putting another one of its brands on the market. The Fnac. Goldman Sachs and UBS will be handling this transaction. Figures mentioned : 2 B€

The Fnac traditionally perveys the image of retailing culture (CDs DVDs books) - 40% of their turnover lies in this, the other 60% in techproducts.
Film and music buying habits have changed. They are now called downloads. Although the Fnac is France's leader on the music CD market with over 28% share, the future is not bright for this retail activity.

Other PPR brands and services already sold or on the market: Finaref, Rexel, and various participations in non stategic services.

This move confirms once again the PPR strategy :Scimming down on extras and focusing on high yielding, dynamic activities ie: luxury.

PPR entrerd the luxury brand arena in 1999/2000 with the acquisition of fashion houses of Gucci and Yves Saint Laurent, now YSL.
Today : Balenciaga, Alexander McQueen, Stella McCartney, Bottega Veneta, Sergio Rossi, Boucheron, Bédat & Co, Saint Laurent Parfums and Roger et Gallet are all part of the PPR Gucci Group stable.
Tomorrow : New acquisitions are planned - names, anyone?

VIDEO - Best of Milan Fashion Summer 2007

Vogue/ Style.com (english)


Alberta Ferretti

Prada

Burburry Prorsum

Bottega Veneta

Marni

Raf Simons for Jil Sander

02 October 2006

LVMH has found its "Soul" - Le Mécénat

Press Conference M. Arnault 2 October 2006
(VIDEO and PDF formats)

I would just like to take a breather and reality check amidst all this catwalk hoo-hah.

Has anybody noticed the headlines about Mr Arnault and his announcement of the "Louis Vuitton Fondation pour la Création"?
To sum things up, after much procrastination and following the press conference of today (see above for video coverage), it is official!
Concretely, this venture will result in a brand new venue for the contemporary art scene. The old bowling club of the Jardin D'Acclimatation will be replaced by a brand new edifice cretated by genius Frank Gehry ( see video below) and will house the private collections of Bernard Arnault as well as temporary exhibitions.
Also, according to some sources, the Foundation will be headed by Suzanne Pagé (current director of the Musée d'Art Moderne Paris).

Let's dig into my archives : Fondation Pinault
I had already mentioned a possible stand off on the ART terrain. One preferring Venice, the other well implanted in Paris (participation in the Force de L'Art exhibition) . At the time I was also was concerned by the fact that I would not have M. Pinault's collection at a couple of metro stops from my place... M. Arnault's will be even closer.

"Sketches of Frank Gehry" by Sidney Pollack - Festival de Cannes 2006