Shop Talk

At NY Fashion Week: LVMH invests in next-gen artisans

Inside a loft at Milk Studios , the DJs pumped up the beat and Champagne flowed as Renaud Dutreil talked about the future of fashion. As the chairman of LVMH Moet Hennessy Louis Vuitton Inc, the North American arm of the world’s largest luxury goods company, Dutreil has a lot invested in the subject.

The scene: A preview show mobbed by photographers and beautiful people.

“Louis Vuitton was an artisan,” Dutreil told Reuters, referring to the French company’s founder. “He worked with his hands. It’s important to transmit this value proposition to the next generation. They are the Web generation.”

On the runway: Some of the most whimsical styles shown during the Fall 2010 season of M.A.C. & Milk Fashion Week, the downtown cousin of Mercedes-Benz Fashion Week in New York. Both wrapped up late Thursday night.

Paper dress anyone? (That “cone bra” bodice reminiscent of Jean-Paul Gaultier is you.) These clothes won’t be sold at the mall. They’re the work of local master artisans, who were matched with 23 teams of students at Parsons The New School For Design in a student competition. LVMH and Parsons sponsored the contest.

Check out this video of Mr. Dutreil keeping an eye on the runway and some of the most inventive styles:

This holiday’s shiny new toy: social media

Companies that cater to consumers are always chasing after the latest consumer technology trend (anyone remember Second Life?), and this holiday season that means following them into the world of social media.

Companies ranging from Wal-Mart and Panda Express to J.C. Penney and Target are experimenting with Facebook, Twitter, YouTube or Flickr. Some are tweeting special coupons or limited-time deals, while others are doling out fashion advice or providing play-by-plays from product launch parties on Facebook. M.A.C. said it is using its Facebook page to feature artists, color collections, and what is happening backstage at fashion shows. 

While figuring out if all this tweeting, posting and friending is increasing sales is difficult, companies said one thing is certain: Social media is giving them a direct, unfiltered link to consumers.

For instance, when Target asked its Facebook fans what they thought of its mens clothing line, they got suggestions like: “MORE MLB, NFL, NBA merchandise…” and “Could use a better selection of mens jeans, and tall mens shirts (not just dress shirts) too.”

Target is now using the responses to tweak its merchandise selection.

When Panda Express wanted to celebrate its new SweetFire chicken breast, it allowed Facebook fans to print a coupon so they coud visit a restaurant on Sept. 25 and try it for free. Chief Marketing Officer Glenn Lunde said 25,000 coupons were redeemed and traffic in its restaurants rose that day. 

Larry Weintraub, the chief executive of marketing agency Fanscape, said that unlike traditional media, social media can give companies tangible results.