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Feeling hungry and you don’t want to go out have a solution. <keyword id="51958" type="ENTERTAINMENT" weightage="20" keywordseo="YES">Yes</keyword> you call it <keyword id="830092" type="COMPANY" weightage="20" keywordseo="Zomato">Zomato</keyword>. You open the app, find the delicious offerings nearby and done. In one click, you are relishing on Chicken Do Piyaza and some Pulao in half an hour. 
 
 If you are crazily interested in fashion, admit it, you have searched for a similar app where you can find designer wears nearby, click on the likes and wear beautiful dresses to weekend parties and dates. But no more would you need to feel sad. For <keyword id="3645274" type="UNKNOWN" weightage="20" keywordseo="Findow">Findow</keyword> is one such start up, which you can call the Zomato of fashion. 
 
 
All you need to do is download the Findow app in your smartphone. Put in your shopping location, what you are looking for and then browse through the 300 plus options available on Findow. With Findow you not only save time, money but also eliminate any middle person who may not be able to convey your design details aptly to the designer. It your personal fashion on your finger tips. 
 Launched in July this year by <keyword id="3832622" type="UNKNOWN" weightage="20" keywordseo="zarine-ahmad-bajaj">Zarine Ahmad Bajaj</keyword> and <keyword id="108541" type="PERSON" weightage="20" keywordseo="Himanshu-Kumar">Himanshu Kumar</keyword>, Findow has recently received an undisclosed amount of seed funding from investor <keyword id="3645275" type="UNKNOWN" weightage="20" keywordseo="Raj-Singh-Bhandal">Raj Singh Bhandal</keyword>, director at Next Media Works. 
 Findow piloted its application through <keyword id="6355645" type="COMPANY" weightage="20" keywordseo="android">Android</keyword>, <keyword id="75489" type="ORGANIZATION" weightage="20" keywordseo="IOS">iOS</keyword> and their website and since then has received a whopping 2000 plus downloads from shoppers across Mumbai and Delhi. Findow has also received great traction from the retailing communities spanning premium, high-street and luxury brands that include <keyword id="75186" type="COMPANY" weightage="20" keywordseo="Gucci">Gucci</keyword>, Dior, <keyword id="265839" type="COMPANY" weightage="20" keywordseo="Hermes">Hermes</keyword>, Ritu kumar, <keyword id="11510" type="PERSON" weightage="20" keywordseo="Manish-Arora">Manish Arora</keyword>, Anju Modi and <keyword id="32440" type="PERSON" weightage="20" keywordseo="rahul-mishra">Rahul Mishra</keyword>. 
 “Our app is to simplify shopping for users and offers various categories like Bridal, Luxury, Men, <keyword id="624" type="ORGANIZATION" weightage="20" keywordseo="Women">Women</keyword> etc . Shoppers can get a keen sense of what's in the market and blend it with their own style requirements by the use of this app,” <keyword id="26240" type="PERSON" weightage="20" keywordseo="zarine">Zarine</keyword> told <keyword id="824043" type="COMPANY" weightage="20" keywordseo="Business-Insider">Business Insider</keyword>. 
 
So how did the idea come? The app was conceptualized by Zarine and Himanshu Kumar. “There have been so many instances where friends or family constantly ask me about where to shop, what's new around and are there more options to choose from etc. We felt there was a need to streamline the fashion marketplace, by providing information (of the brand), pictures (of the store and pieces of garments/apparel available), locations, designers/brands etc. we ensure that our users find every piece of information about what they are looking for. This information helps them to simplify shopping,” added Zarine. 
 
Being their first venture, Findow is presently functional in New Delhi and are spreading to Mumbai, Banglore and other metros and two tier cities in India. 
 
The model is based on hyper-local advertising and also takes into account user preferences - this combination is scalable to quite a large extent. 
 
“We are looking at markets with high level of online and omni-channel penetration, the online channel contributes a maximum of 15 percent to the retail market. As India’s retail market is geared to scale up from $650 million to $1 trillion by 2020, the opportunity is great for all types of players in the retail industry,” Zarine told Business Insider on expansion plan.

The Zomato of fashion is here

<ul class="summary-list"><li>Luxury retailers including <keyword id="12627304" type="UNKNOWN" weightage="60" keywordseo="lvmh" source="Orion">LVMH</keyword>, <keyword id="11974766" type="UNKNOWN" weightage="60" keywordseo="kering" source="Orion">Kering</keyword>, Hermès, and <keyword id="11984945" type="UNKNOWN" weightage="60" keywordseo="chanel" source="Orion">Chanel</keyword> are temporarily closing stores in <keyword id="11894337" type="UNKNOWN" weightage="60" keywordseo="russia" source="Orion">Russia</keyword>.</li><li>The companies join a growing list of retailers in the US and Europe who are ceasing business as Russia advances its invasion of <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword>. </li></ul>Luxury brands are joining the rapidly growing list of retailers temporarily halting business with Russia following the country's <a href="https://www.businessinsider.com/live-updates-russia-ukraine-crisis-2022-2">invasion of Ukraine</a>.French fashion giants LVMH, Kering, Hermès, and Chanel all announced on Friday that they will close stores in Russia, with some also making donations to support the effort in Ukraine. The luxury companies join the several US and European <a href="https://www.businessinsider.com/list-all-the-companies-pulling-out-of-russia-ukraine-war-2022-3#9-exxonmobil-9">retailers that have ceased business</a> in the region, including Ikea, H&amp;M Group, Adidas, and Canada Goose.Kering, which owns luxury brands including Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, on Friday announced <a href="https://www.linkedin.com/feed/update/urn:li:activity:6905614579250925568/">in a statement</a> on <a href="https://www.linkedin.com/feed/update/urn:li:activity:6905614579250925568/">LinkedIn</a> that is shuttering stores in Russia "for its Houses that the Group operates directly in the country."The decision comes after the conglomerate announced on Wednesday that it would make a "significant donation" to the United Nations Refugees Agency, writing in an <a href="https://www.instagram.com/p/CamFWEyonKI/">Instagram post</a> that the company hopes for a "peaceful resolution of this conflict." While LVMH did not immediately respond to Insider's request to comment, the company <a href="https://www.nytimes.com/2022/03/04/business/lvmh-hermes-russia.html">told The New York Times </a>on Friday that it plans to close its more than 120 stores "given the current circumstances in the region." LVMH owns several high-end brands including Louis Vuitton, Christian Dior, Fendi, and Givenchy.Like Kering, LVMH also announced it would make a first emergency donation of 5 million euros (the equivalent of 5.47 million US dollars) to the International Committee of the Red Cross. The company announced the donation in an <a href="https://www.instagram.com/p/CanXrPwDF7k/">Instagram post on Thursday and said</a> it will also set up a fundraising campaign to collect donations from its global employee base. "The Group's first concern is the safety of its 150 employees in Ukraine and is providing them with essential financial and operational assistance," LVMH wrote in the post. Both Chanel and Hermès also took to LinkedIn on Friday to announce their respective closures. "Deeply concerned by the situation in Europe at this time, it's with regret that we have taken the decision to temporarily close our stores in Russia and pause all our commercial activities from March the 4th evening," <a href="https://www.linkedin.com/feed/update/urn:li:activity:6905436687229419520/">Hermès wrote on its LinkedIn page</a>. "We will continue to stand by our local team."Similarly, Chanel shared on LinkedIn that the decision comes amid the "increasing concerns about the situation" and "growing uncertainty to operate." "We will no longer deliver into Russia, we will close our boutiques, and we already suspended our e-commerce," <a href="https://www.linkedin.com/company/chanel/">Chanel wrote in a post</a>.

Luxury powerhouses LVMH, Kering, Hermès, and Chanel join growing list of US and European companies halting business with Russia

<ul><li>The Plaza has many first stores of brands like <keyword id="6999" type="General" weightage="80" keywordseo="valentino" source="Orion">Valentino</keyword>, Tory Burch, Yves Saint Laurent, Versace, Tiffany, Ladurée and Pottery Barn.</li><li>It has 66 luxury brands under one roof, sprawled across 7,50,000 square feet.</li><li>It has services like personal shopping assistance, hands-free shopping with baggage drop, butler service. </li></ul>For the rich of Mumbai, there is a new top-end destination which brings 66 luxury brands under one roof – <keyword id="13712512" type="General" weightage="20" keywordseo="jio-world-plaza" source="Orion">Jio World Plaza</keyword>. The sprawling 7,50,000 square foot mall is strategically located at the heart of island city — mushroomed by banks, investment banks, PE offices and more. The mall also boasts of many debuts. Brands like Valentino, Tory Burch, Yves Saint Laurent, Versace, Tiffany, Ladurée and Pottery Barn opened their first stores. It also has many recent entrants of India like Balenciaga, <keyword id="17613" type="General" weightage="80" keywordseo="giorgio-armani" source="Orion">Giorgio Armani</keyword> Café, Pottery Barn Kids, Samsung Experience Centre, EL&amp;N Café and Rimowa. The mall which opens doors to the public on November 1, houses the best of the best in fashion like <keyword id="5940" type="General" weightage="50" keywordseo="louis-vuitton" source="Orion">Louis Vuitton</keyword>, Gucci, <keyword id="30247" type="General" weightage="50" keywordseo="cartier" source="Orion">Cartier</keyword>, Bally, Giorgio Armani, Dior and Bulgari. Indian designers like Manish Malhotra, Abu Jani-Sandeep Khosla, Rahul Mishra, Falguni and Shane Peacock, and Ri By Ritu Kumar also have their stores there. “Our envisioning of the Jio World Plaza is aimed at bringing the best global brands to India as well as highlighting the prowess and craftsmanship of top Indian brands; and hence create a very unique retail experience," said Isha M Ambani, director, Reliance Industries. Baggage drops and butler services The mall, however, is not about shopping alone. It also has entertainment offerings which include a multiplex theatre and a well-curated gourmet food emporium with world-class restaurants. That’s a far cry from the food courts of most malls. “Services like personal shopping assistance, VIP concierge, taxi-on-call, wheelchair services, hands-free shopping with baggage drop, butler service, and baby strollers amplify the Plaza's commitment to the consumer To cater to the aesthetics of its audience with high-taste, the Plaza is suffused with art. With marble-clad floors and soaring vaulted ceilings, it also boasts of an artful play of soft lighting. Its structure is inspired by the lotus flower and other elements of nature and is designed by a US-based team, the company says. The shopping concourse is punctuated with sculptural columns that act as a visual thread weaving design continuity into the fabric of the space. “The Jio World Plaza is more than a retail destination; it's an embodiment of aesthetics, culture, and leisure," says Ambani. The Plaza seamlessly integrates with the Nita Mukesh Ambani Cultural Centre, the Jio World Convention Centre and the Jio World Garden, making it an all-encompassing destination for visitors.

Not just brands, Jio World Plaza has butler services, baggage drops, personal shopping assistants

<ul class="summary-list"><li>11-year-old Moo Abraham went viral on TikTok this year after showing off her lavish lifestyle. </li><li>Videos on the account of Love Luxury, a store owned by her parents, show her modelling clothes and jewelry worth thousands. </li></ul>An 11-year-old girl has caused a stir on TikTok and divided users' opinions as videos of her showing off her luxury items including a $124,000 watch and a $31,000 Hermés handbag have gone viral. Moo Abraham, nicknamed the "billionaire's daughter" on TikTok, is the daughter of Emily and Adam Abraham, the founders of a London-based second-hand luxury goods store called <a target="_blank" href="https://loveluxury.co.uk/">Love Luxury</a>, which buys and sells products like handbags, watches, and jewelry.While most 11-year-olds are out playing games with cheap, plastic toys, Moo Abraham has made her appearance on TikTok decked out in spendy designer gear like Louis Vuitton, Dior, Gucci, and Hermés.The hashtag <a target="_blank" href="https://www.tiktok.com/tag/billionairesdaughter?is_from_webapp=1&amp;sender_device=pc">#billionairesdaughter</a> has even accrued over 200 million views on TikTok, and can be found under videos posted by Love Luxury of the preteen's glitzy and expensive lifestyle. "She's always wanted to be in front of the camera," Emily Abraham told Insider in an interview. "She was always doing dance routines or gymnastics routines or singing and tying a blanket around her neck and running up to the windows, singing the Frozen song. So she's always been very flamboyant and had a lot of confidence." She explained that one of her employees at Love Luxury who was running its social media account decided to create a TikTok video of Moo Abraham showing off an outfit with the title: "Asking a millionaire how much their outfit is worth." It was her husband Adam Abraham who decided to switch out the word "millionaire" for "billionaire," which she believes was the "catalyst" that made her daughter go viral on the platform. It isn't clear what Abraham's net worth is.In one video on Love Luxury's TikTok, which has 1.8 million followers,<a target="_blank" href="https://www.tiktok.com/@loveluxury.co.uk/video/7185228369045376261?is_from_webapp=1&amp;sender_device=pc&amp;web_id=7156168240485582341"> Moo Abraham</a> appears on the steps of Love Luxury's store in Knightsbridge, London alongside her mother and is asked how much her outfit is worth.She shows off a Patek Philippe Nautilus 5711 watch on her wrist saying it's £100,000 ($124,000) and a black Hermés Kelly handbag, which she said costs £25,000 ($31,000.) The price of a <a target="_blank" href="https://www.bagover.com/hermes-kelly-price-guide/">Hermés Kelly handbag</a> can range from between $8,700 to around $42,400. The<a target="_blank" href="https://www.chrono24.co.uk/patekphilippe/ref-57111a010.htm?man=patekphilippe&amp;refId=57111a010&amp;showpage=&amp;sortorder=11"> Patek Philippe Nautilus 5711</a>, which was discontinued by the brand, is being resold for anywhere between £70,000 ($87,000) to £266,798 ($333,000) on the luxury watch marketplace Chrono24.Business Insider couldn't independently verify whether Moo Abraham owns the items she models, or whether they are stock in her parents' store.The video has now racked up 1.5 million views. Some users have questioned such lavish displays of luxury amid high inflation and a cost of living crisis in the UK."So hard to watch when so many people are struggling to even keep warm," one said.But others view the video as a lighthearted escape from their own reality. One user wrote: "Everything's I Own Cost Roughly 40,000. I Am Grateful For My Life Buuuuuuut I'd Love To Live Like This For A Day lol. #LoveThem." <a target="_blank" href="https://www.tiktok.com/@loveluxury.co.uk/video/7247554714248711450">In another similar TikTok video</a>, Moo Abraham shares the cost of her bag and each accessory she is wearing, with the items racking up to a value of £54,500 ($67,852.) Other videos show Moo and her mother visiting luxury car and private jet showrooms, saying they want to buy gifts for her dad like a $297,000 ($370,000) <a target="_blank" href="https://www.tiktok.com/@loveluxury.co.uk/video/7193760665805294854?is_from_webapp=1&amp;sender_device=pc&amp;web_id=7156168240485582341">Rolls Royce Cullinan</a> and a <a target="_blank" href="https://www.tiktok.com/@loveluxury.co.uk/video/7190043983966391557?is_from_webapp=1&amp;sender_device=pc&amp;web_id=7156168240485582341">private jet</a>. Earlier this year, she walked the runway at London Fashion Week.Emily Abraham said that although viewers think her daughter is spoiled, "she doesn't get to have everything she wants." She said: "So what we do is we allow her to invest in pieces that we know are good investments, that if she wants to put her little bit of earnings or her pocket money into an item, that when she's older, that item's still going to be worth some money." She insists that her family of three "are just normal people," who worked extremely hard to get to where they are."I also have to say that the cost of living crisis is going on, and we are very aware of that but in the same breath if we have worked hard for what we have, there's no reason why we shouldn't be able to share our life experiences," Emily Abraham said. She added: "People who maybe would never get to come to Dubai, maybe never get to see the fountains, may never get to go on an airplane, may never get to go in a flashy car. They are kind of living that life through us and it's a form of escapism for a lot of people."

An 11-year-old girl is going viral on TikTok after showing off her luxury outfits including a $124,000 watch and a $31,000 handbag

<ul class="summary-list"><li>Luxury resale will boom in 2023 as more brands take control of their second-hand markets.</li><li>The 1% will continue to buy luxury goods, but other classes may pull back.</li></ul>Last year, about half of all adults between the ages of 18-29 were living at home, <a href="https://www.census.gov/data/tables/time-series/demo/families/adults.html">according</a> to data from the US Census Bureau. Between the paychecks from their day jobs, and <a href="https://www.businessinsider.com/no-federal-stimulus-payments-states-relief-checks-money-2022-7">the stimulus checks some states offered to beat inflation in the summer</a>, the influx of cash fueled a boom in <a href="https://www.businessinsider.com/young-adults-living-home-luxury-boom-usa-morgan-stanley-2022-12">purchases of Louis Vuitton bags, Versace belts, and Gucci sneakers among young adults</a>. This year, without those stimulus checks, and amid a possibly pending recession, there will be a shift in who is buying luxury items, according to Oliver Chen, a managing director in the retail and luxury section for investment bank Cowen. "That middle-income consumer is under a lot more pressure," he said, "there are fewer dollars for all discretionary items." Still, the personal luxury market is projected to grow between 3%-8% over the course of 2023, <a href="https://www.bain.com/about/media-center/press-releases/2022/global-luxury-goods-market-takes-2022-leap-forward-and-remains-poised--for-further-growth-despite-economic-turbulence/">according</a> to Bain &amp; Co. During times of financial stress, Chen suggested that the customers who continue to buy luxury — like ultra-rich — will gravitate toward major designers like Chanel, Dior, and Louis Vuitton over smaller designers. "It's just intensification of the bigger getting better," Chen said. Insider chatted with four experts, from former merchandisers to retail analysts, to understand how the luxury retail market is bound to change in 2023. Here are the top 3 trends they expect to see:<h2>Resale will be bigger than ever</h2>Luxury resale has long fallen under the domain of vintage boutiques, thrift stores, and more recently, online marketplaces like The RealReal and Vestiaire Collective. Next year, experts expect to see more luxury brands taking control of their own second-hand markets. Rolex, for example, already <a href="https://www.businessinsider.com/rolex-is-selling-officially-certified-pre-owned-watches-2022-12">launched a certified pre-owned program for its watches in early December 2022</a>. Olivia Steele, the CEO of a virtual retail sales company called Conversation Couture, linked the interest in resale to a growing focus on sustainability among luxury brands. Two experts predicted that in the coming years, designer boutiques will be outfitted with their own resale section.<h2>Customers want to return to basics</h2>Over the past year, luxury fashion has revolved around "Zoom tops," ruffles, and over-the-top designs, said Brooke Cundiff, a former buyer for Saks Fifth Avenue who's a co-founder of the e-commerce platform Cortina. Cundiff contended that customers have grown tired of walking into a luxury department store and seeing extravagant items, like a sweatshirt, for $1,000. <a href="https://www.voguebusiness.com/fashion/alessandro-michele-is-leaving-gucci">Alessandro Michele's November departure from Gucci </a>was evidence of that, Cundiff said. In his seven years as the brand's creative director, Michele had made a name for himself through maximalist designs. Now, customers — even the most high-flying ones — are looking for simpler, more tailored pieces they can wear repeatedly. <h2>Mid-tier luxury might take a hit</h2>Three experts noted that designers at the high end of the price spectrum will continue to see strong demand, especially from the 1%. These are brands like Hermes — known for its Birkin bags which range in price from tens of thousands to hundreds of thousands dollars. Or Chanel, where a pair of ballerina flats retails for more than $1,000. But the "aspirational luxury customer" who may have used their discretionary income last year to buy a $500 pair of shoes from a mid-priced designer might pull back, two experts noted.Accessories are still likely to perform better than ready-to-wear items like apparel in a recessionary environment because of their longevity, said Cundiff.

Here are 3 big luxury retail trends for 2023, according to experts

<div class="KonaFilter image-container display-table float_right click-to-enlarge"><div><div class="image on-image"><a title_source="Prada" title_caption="Prada: Not cutting it." class="zoomin" href="https://static-ssl.businessinsider.com/image/551a968add0895c02d8b45d3-960/top-selling-prada-perfumes-available-online.jpg"></div></div></div>Back in 2012, <a href="http://www.pradagroup.com/documents/reports/2012-Annual-Results-Presentation.pdf">Prada proudly announced that net revenues grew by 29%</a>. It made a bulk of its sales through retail, the Asian market (excluding Japan) and through leather goods. Same-store sales growth also rose by 14%. The previous year it grew 23%.However, after reporting its stagnant sales and profit plunge for 2014, Prada said it would conduct a "major overhaul" of some of its production processes and would look to cut costs across the group. It also scaled back its retail ambitions: It's going to open only 30 new stores this year, worldwide, compared to 54 over the past year.The stock opened up 2.2% on the news in Hong Kong on March 30, when it announced its 2014 results but later closed down around 1% at HK$50.35. The latest UBS research note put a 12 month price target of HK$48.00. The latest <a href="https://neo.ubs.com/shared/d1PgA0PscKOslE2/">UBS research note</a> still pegs Prada as "Neutral" because "sales were less bad than feared." Barclays retained an "Underweight" rating on the stock.Today, the stock closed 5.7% down at HK$47.oo.Gucci is the thorn in Kering's side<div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image on-image"><a title_source="Getty" title_caption="A model on the runway during a Gucci show in Milan in September 2014" class="zoomin" href="https://static-ssl.businessinsider.com/image/551a968add0895c02d8b45d1-960/gucci.jpg"></div></div></div>Kering's overall results were pretty solid. The parent group, which also owns brands Bottega Veneta and Yves Saint Laurent, posted a 4% rise in overall revenue to £7.3 billion. Its other brands, as detailed in the above chart, performed well.This is why its stock is still up 28% over the last year because brands such as Yves Saint Laurent, are buoying up the shortfall from Gucci. <div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>However, Kering acknowledged the issues surrounding Gucci and has since announced a new management team for the luxury brand. It said it also plans to "revitalise" the brand by creating a new modern identity. "While to some observers the significant sales slump of Prada goods in China might seem big news, it is not actually that surprising. Big logo luxury brands such as Gucci and Louis Vuitton and now Prada have all suffered from this same fate," said Qing Wang, Professor of Marketing and Innovation at Warwick Business School."These well-known luxury brands have grown too fast in the recent years, eager to cash in on the rise of the Chinese new wealth, without a sufficient understanding of the market, which has now resulted in their exclusive image becoming somewhat tarnished in that market."About 79% of Gucci's revenue in 2014 comes from stores it operates directly. <a href="http://www.kering.com/sites/default/files/kering_fy14presentation_17february2015.pdf">The company is saying it will reinvigorate and consolidate</a> those shops and slow the growth of new openings.LVMH struggles with growth<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Up until five years ago, LVMH used to report 10% plus growth rates year after year. Those days are gone. The brand's <a href="http://www.lvmh.com/investor-relations/documentation/results">revenue hasn't hit the double-digit growth rates</a> for two years or more.Here is the chart:<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Compared to Prada, LVMH's results aren't too bad. It racked up a 6% increase in revenue to £22.3 billion in revenue for 2014. Organic revenue growth rose 5%.It said its Christian Dior, Bvlgari and Sephora brands helped buoy up its results, which is why LVMH's stock is performing strongly. But the glory days of high-pace growth at LVMH appear to be behind it despite strong tailwinds from the global economy.<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>So why are luxury brands struggling?Everything changed in 2013. Brands that banked on Asia to deliver the greatest growth got stung.Since China's new leader, Xi Jinping, came to power two years ago, <a href="http://www.theguardian.com/world/2015/feb/14/china-corruption-crackdown-spreads-xi-jinping">the country has cracked down on "gifting", the practice of offering very expensive gifts to company executives or people in power</a>. While it is a long standing tradition in Asia, the practice has fallen under scrutiny due to a range of corruption cases filed against government officials and company executives.So, the luxury brands that have had the biggest exposure to Asia were impacted the most. For example, look at Prada. In its 2012 results presentation below, it showed how exposed it was to Asia.Asia is by far its biggest market. So when China started to cut back and crack down on luxury goods, Prada was hit the hardest.Here are Prada's numbers:<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Now compare this to Gucci's owner, Kering.It showed that although Gucci's revenue was thoroughly disappointing compared to its other brands, its revenue stream was diversified enough to withstand China's crackdown on luxury goods. The chart below shows it is a lot less reliant on Asia for growth:<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div>Meanwhile, LVMH confirmed in its results statement that "good momentum in the United States and continued growth in Europe" helped it combat "destocking" in China. Simply, some brands upped their game, Prada didn't.<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>UBS said succinctly in its latest research note that Prada "<a href="https://neo.ubs.com/shared/d1PgA0PscKOslE2/">was hampered by a lack of truly innovative [leather goods] product.</a>" Effectively, despite leather goods being its biggest sales driver, it did not bring out any fashion items that took the world by storm.More worryingly, Prada admitted its own customers brand loyalty had gone into decline. The company said "the rising competition has increased customers' choices, making them more demanding and somehow reducing brand loyalty, especially in the leather goods segment."Prada has always positioned itself as the most sophisticated of the fashion brands. Its clothes are often deliberately challenging, and can be difficult to wear in everyday situations, even for fans.It showcased some radical leather dresses in January on the catwalk, for instance. There are very few occasions on which a woman could wear a leather dress."2014 represented a year of transition for the Prada Group on its journey of growth," said Patrizio Bertelli, CEO of Prada in the group's results statement. "The next challenges will regard our ability to adapt to the rapidly evolving market.""[Prada and Gucci's bad China results] does not however mean that the Chinese are falling out of love with luxury, but instead that they are becoming more sophisticated and discerning and buying luxury more for their hedonic pleasure than showing off. Many luxury brands are now doing better in China, such as Hermes and Burberry, as they seem to understand the Chinese consumers more," said Warwick Business School's Wang.Business Insider recently unveiled the <a href="http://uk.businessinsider.com/pyramid-of-luxury-brands-2015-3">hierarchy of luxury brands around the world</a>. According to HSBC managing director Erwan Rambourg new book "<a href="http://uk.businessinsider.com/pyramid-of-luxury-brands-2015-3#ixzz3VxbKVdVf">The Bling Dynasty: Why the Reign of Chinese Luxury Shoppers Has Only Just Begun</a>," brands like Prada, Gucci, Louis Vuitton have become "too ordinary."Being "ordinary" is any premium fashion brand's worst nightmare. (The fact that Apple managed to instantly become a fashion brand with its Apple Watch is another indicator of how fast stars can rise and fall in this market.)So while, China's government can be blamed for a temporary fall in consumer appetite for buying luxury goods, fashion houses need to also have a look at whether their products are actually still interesting enough for wealthy people to buy. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/maps-big-countries-world-geography-russia-greenland-antarctica-2015-3">9 animated maps that will change the way you see the world </a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="xnMTYzbTrjVXj7b6Ir8JPwdraRakXLY4" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Prada is in crisis

<div class="KonaFilter image-container"><div class="image">Paramount</div></div>
This post originally appeared on <a href="http://www.details.com?mbid=synd_bizinsider">Details.com</a>.
The line between on-call and off-the-clock has never been blurrier. Not surprisingly, the same is true of what constitutes appropriate, good-looking office attire (whether your desk is at a museum or a hedge fund). 
Consider suit separates (like the slate-gray silk pants and pale-blue two-button-jacket combo by Ermenegildo Zegna shown on the right) the new godsend, as they make buying off the rack easier than ever (though you'll still need a tailor, which is why we've included some of the best in the country who just happen to make desk-side calls). 
Of course, on the following pages you'll see less-formal options, too-dark-wash denim, a bold, bright tie, and even a leather jacket should and can be incorporated into the daily and evening grind. How you dress for the job will always leave a lasting impression. 
<h2>1. Dress up your denim with a pop of color</h2>
The key here is choosing a vivid shirt-and-tie combo in complementary shades and a blazer. Try an unstructured one in a can't-miss neutral. 
<h2>2. Wear a suit without the tie</h2>
Get even more mileage out of a well-tailored suit. A fine-gauge crew neck knit sweater strikes the perfect note of refined yet relaxed. 
<div class="KonaFilter image-container display-table float_right"><div><div class="image">Getty</div></div></div>
<h2>3. Mix and match patterns</h2>
Keeping these pieces in the same color family means that a subtle pattern on the jacket effortlessly introduces some visual texture.
<h2>4. Remaster the button down shirt</h2>
You should own a fail safe white shirt, but you can also pair a spread collar with a skinny knit tie makes it easy to do casual Friday right. Also, a soft linen blend in a light cream is both unexpected and elegant.
<h2>5. Upgrade your briefcase</h2>
Carry a sleek and streamlined case if you're a modern minimalist. Other classic options include a bag with structure cut from preposterously soft leather, and one just big enough to double as a weekender.
<h2>6. Broaden your footwear options</h2>
Yes, classic lace-ups are always office-appropriate. But so are other, less-conventional shoes, from leather slippers to suede boots. Look for shoes at <a href="http://www.brooksbrothers.com/black-fleece/black-fleece,default,sc.html">Black Fleece by Brooks Brothers</a>, <a href="http://shop.brunomagli.com/">Bruno Magli</a>, <a href="http://www.church-footwear.com/en/UK/new-collection">Church's</a>, <a href="http://www.johnlobbltd.co.uk/main/main.htm">John Lobb</a>, <a href="http://www.gucci.com/us/home">Gucci</a>, <a href="http://www.grenson.co.uk/en_us/">Grenson</a>, <a href="http://www.colehaan.com/">Cole Haan</a>, <a href="http://www.tods.com/us/">Tod's</a>, <a href="http://www.hermes.com/index_us.html">Hermes</a> and <a href="https://www.jcrew.com/index.jsp">J. Crew</a>. 
<h2>7. Less fragrance is more</h2>
No one wants to be the guy whose enthusiasm for eau-de-whatever makes sharing an elevator with him unbearable. It's hardly unprofessional to hit the bottle - in fact, the right fragrance can get you noticed in a good way - but the secret is to find something understated. 
Opt for a cologne with strong base notes (the woody, musky, earthy molecules that most easily bond with your skin), and use as you would REPLY ALL: judiciously. Here are some good ones. 
Bulgari Aqua Amara: With its blend of bitter mandarin and orange oils, <a href="http://www1.macys.com/shop/product/bvlgari-aqva-amara-for-men-eau-de-toilette-spray-34-oz?ID=1222151&amp;CategoryID=30076#fn=sp%3D1%26spc%3D4%26kws%3Dbulgari%20aqua%20amara%26slotId%3D4">this is the scent</a> your girlfriend is most likely to steal. But those citrus aromas are balanced by patchouli essence (less Woodstock-y than woodsy), resulting in a strong finish. 
Arquiste L'etrog: Perfumer Carlos Huber <a href="http://www.barneys.com/on/demandware.store/Sites-BNY-Site/default/Search-Show?q=ARQUISTE+L%27ETROG">describes his creation</a> (inspired by the Calabrian countryside) as "very herbal; a bit of pine needle, a bit of rosemary." Think Mediterranean fields that go on forever. 
Dior Homme Eau For Men: Fresh and floral, <a href="http://www.dior.com/beauty/en_us/fragrance-and-beauty/fragrance/mens-fragrance/dior-homme/pr-diorhommefpl-Y0600940-eau-for-men.html">Dior's classic for men</a> gets an update in which the original's signature iris notes mingle with grapefruit and coriander to create a clean, just-out-of-the-shower vibe. 
Malin + Goetz Dark Rum: This <a href="http://www.malinandgoetz.com/perfumery/dark-rum-edt?keyword=dark+rum">mix of plum, leather, and patchouli</a> is a strong representative of the subset of fragrances with a boozy bouquet; after an initial hit of spice, it dries to a warm, sweet finish. 
Ermenegildo Zegna Haitian Vetiver: Proof that simple doesn't have to mean basic: The star is <a href="http://store.zegna.com/us/ermenegildo-zegna/men/haitian-vetiver_cod62000698hf.html">high-quality vetiver</a>, a lemony grass that's a common crop in Haiti; bitter hints of neroli and orris root add depth. 
<div class="KonaFilter image-container display-table float_right"><div><div class="image">Getty</div></div></div>
<h2>8. Wear a low profile watch</h2>
Leave the Garmin for the gym. Classic and sleek, look for a leather-strap timepiece. They are the professional's ultimate accessory. Shop brands like <a href="http://us.tagheuer.com/">TAG Heuer</a>, <a href="http://www.montblanc.com/en-us/default.aspx?sc_lang=en-us">Montblanc</a>, <a href="http://www.patek.com/contents/default/en/home.html">Patek Philippe</a>, <a href="http://www.vacheron-constantin.com/en/">Vacheron Constantin</a>, <a href="http://www.alange-soehne.com/home">A. Lange &amp; Söhne</a> and <a href="http://www.omegawatches.com/">Omega</a>.
<h2>9. Travel with first-class gear</h2>
Luggage with extra padding: A handsome roller, perfect as a carry-on but big enough for a longer trip, is sleek and streamlined while still offering a padded compartment for your laptop.
Try the first foray into luggage by Montreal-based <a href="http://www.wantessentiels.com/us_en/" target="_blank">Want Les Essentiels de la Vie</a> and a signature example of its point of view: traditional style, subtly subverted. The unexpected element is the rich chocolate-brown leather, a sophisticated alternative to the business traveler's standard-issue black nylon.
Comfy-chic sweats: Mastering the art of looking good on (and after) a red-eye flight means finding those elusive pieces that are elegant yet comfortable. 
Thanks to two new labels, you can: Los Angeles-based LongJourney's relaxed black mesh drawstring pants get a luxurious upgrade by way of swatches of suede on the front (think elevated sweats). 
And a just-boxy-enough white French-terry sweatshirt from <a href="http://www.smith-smith.com/" target="_blank">Smith &amp; Smith</a>'s debut collection will keep you warm when the air-conditioning is blasting from on high. Once you touch down, throw your topcoat or a classic trench over it and you won't look like you're wearing pajamas or, worse, yesterday's outfit. 
Pre-flight Tiger Balm: Invented in the 1870s by a Chinese herbalist and perfected by his sons (one of whose name meant Gentle Tiger), <a href="http://www.tigerbalm.com/us" target="_blank">Tiger Balm</a> has long been a multitasking standby for headaches and sore muscles. 
Our style director, Eugene Tong, swears by it; before takeoff, he puts some on his temples to ward off airsickness. 
<h2>10. Hire the best help</h2>
Tailors, barbers, and bootblacks to put on speed dial. Most make desk-side calls, so you'll never have to blow a lunch hour again.
Chicago: Since 1990, <a href="http://www.tailorstouchchicago.net/">Tailor's Touch</a> has been a Gold Coast mainstay, altering suits (working buttonholes are a specialty) and jeans alike. Be sure to ask for head tailor Raymond Vasquez.
Born into a family of stylists, Miguel Betancourt picked up a pair of scissors at 13 and has found his niche offering on-call services for the guy with a demanding schedule, making himself available 24 hours a day.
<a href="http://www.altmansshoesandboots.com/">Altman's Shoes for Men</a> has been an institution for businessmen in the Loop in need of a quick shine.
Dallas: A former alterations manager at the Barneys New York Dallas outpost, Orland Morales counts boutiques like Alexander McQueen and hotels including The Joule as clients. He runs <a href="http://tailorshopdallas.com/">The Tailor Shop Dallas</a>.
With three locations citywide, the <a href="http://www.osgoodoneil.com/about.html">Osgood-O'Neil salon</a> empire is manned by 18 stylists (some of whom have prepped clients for Good Morning America and New York Fashion Week), which means you can usually get an appointment a day in advance. 
In addition to shining or repairing your kicks, <a href="http://www.denosshoerepair.com/">Deno's of Highland Park</a> also works on small bags and belts. 
Los Angeles: Taline Mazlemian's family has owned <a href="http://paragoncleaners.com/">Paragon Cleaners</a> for almost half a century; regulars include the Los Angeles Opera and the vintage boutique What Goes Around Comes Around. 
The stylists at <a href="http://hairroomservice.com/">Hair Room Service by Michael Dueñas</a> offer a full slate of treatments, including beard trims and light facials. They've even spiffed up celebs like Adrian Grenier and <a href="http://www.details.com/celebrities-entertainment/cover-stars/201402/breaking-bads-aaron-paul-interview-exodus-need-for-speed" target="_blank">Aaron Paul</a>. Bonus: They're on-call after hours. 
Shoe Lab, a Beverly Hills spot, is known for its resoling skills on designer shoes. 
New York City: Request a fitting with Wilfredo Rosario himself when you go to <a href="http://wilfredstailor.com/">Wilfred's Tailoring</a>. He learned the trade from his father and older brothers as a kid. He regularly makes alterations for Helmut Lang and Costume National and often leaves the shop to provide services for A-listers like Will Smith and Denzel Washington. 
Marcos (Reggae to his friends) Smith has groomed models and cut hair for Usher, <a href="http://www.details.com/health-fitness/celebrity-workout/201309/jason-derulos-dancers-body-workout" target="_blank">Jason Derulo</a>, and top execs at Atlantic Records, but extends the VIP treatment to all his clients. 
<a href="http://leatherspa.com/">Leather Spa</a> regularly takes on repairs for Gucci, Fendi, and some of the Big Apple's most demanding clientele. 
Washington, D.C.: If you want the best, call Hamza Simrick, the man who wrote the book on tailoring, literally. Simrick is the author of <a href="http://www.amazon.com/The-Art-Tailoring-Hamza-Simrick/dp/B0007AZ22E/ref=sr_1_1?ie=UTF8&amp;qid=1395156635&amp;sr=8-1&amp;keywords=the+art+of+tailoring+hamza+simrick">The Art of Tailoring</a>, and with stints on Savile Row and at Burberry under his belt, he knows how a suit should fit. 
After 32 years in the business (with Armani, Valentino, and Milan Fashion Week on his résumé), Luigi Parasmo recently <a href="http://www.luigiparasmosalon.com/">opened his eponymous salon</a> in Georgetown, but Beltway insiders know the pro gives the finest in-office cuts in town. 
Back when he was a senator, Joe Biden was a regular at <a href="http://usshoeshine.com/services">Union Station Shoe Shine</a>. If you don't have time to leave the building, avail yourself of its pickup and delivery service.
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