Fashion & Finance Friday!

EVERYBODY DANCE NOW – It’s Friday!!!

Pitbull has launched an Amazon.com exclusive fragrance collection for both men and women.  Coco Chanel’s parfumiers should be shaking in their tweed adorn boots…not.

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Tom Ford hosted the CFDA/Vogue Fashion Fund dinner on Monday in New York, where Public School won this year’s top honor.  His speech was full of sound bites of advice, interestingly focusing in on the intense pace expected of designers, which was something another design team in the audience, Proenza Schouler, spoke of when reversecommuter attended an event at Boston’s ICA (click here for more).  With the Fall & Spring Collections now preceeded with PRE-Spring & Fall, plus Resort, the CHURN of fashion creativity offers a potential BURN that designers are well aware of.

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Tom also told a fun story about walking on a nudist beach in St. Barth’s and running into Anna Wintour (she fully dressed, he sans).  Tom leaned in for a very fashion-world-acceptable-kiss-kiss-hello, then realized he was buck naked!  Quite possibly my new favorite fashion story!  Not to mention the visual!!!

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Brunello Cucinelli, the undisputable king of CashCash, just released some gorgeous numbers – profits are up 10% this year.  This small luxury goods company, operating in an Umbrian hamlet named Solomeo that he single handedly restored – if you are ever near Solomeo, PLEASE take the time to experience it – magical!

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He has 720 employees, paid above the national rate, offers them 3.50 Euro subsidized gourmet meals with wine (obviously in Italia!) for their 90 minute lunches and during the recession did not lay off anyone.  In short, this company’s leader cares about his employees and his professional reputation.  Hand crafted luxury cashmere products created in Italy, and now that Brunello Cuccinelli is a publicly traded company, his decisions are having an impressive impact for his investors too – even in this economy when most luxury brands are suffering from price conscious customers.

Have a wondrous weekend – put on that cashcash sweater, and become transfixed watching the bubbles in the flute!

xo reversecommuter

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