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“Rather than a loud statement item of clothing, we wanted to be that little touch that completes an outfit,” he says. La Ligne is the DTC world’s answer to another set of buzzwords: “luxury basics.” As you can probably surmise from the name, the brand sources its inspiration from a classic and well-loved design: stripes. There are two collections: Essentials (the core pieces that are available every season) and Edition (the more on-trend pieces). The French Cuff Shirt ($195) is a perfect example of one of La Ligne’s classics. Here’s where it’s key to acknowledge yet another perk of the business model, which is the ability to stray from the traditional fashion calendar and create and produce in response to customer demand. Rather than showing new collections six months before they're available for purchase in stores, La Ligne’s latest are debuted just a few days before they hit the site. Another perk of going direct-to-consumer is that brands are able to adapt to what their customer is asking for in realtime. “We’re able to quickly respond to customer feedback and industry trends, bringing a shoe from initial concept to retail in only 60 days,” M.Gemi’s CEO Ben Fischman explains. The shoe brand releases new limited-edition styles every Monday, and they often sell out quickly.
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Source: MCM There were times when they could be seen everywhere on the luxury boulevards of Munich, Frankfurt and Düsseldorf; cognac-colored handbags imprinted with MCM logos along with the accompanying laurel wreath. Then the brand floundered. Fakes flooded the market, its founder Michael Kromer was investigated for tax evasion– whereupon the in-crowd purses loved by some, hated by others disappeared from view. On a chill autumn morning, Sung-Joo Kim, a slender Korean woman in a simple black pantsuit and lilac scarf explained just how she revived the once iconic brand, at the luxurious Westin Grand Hotel in Berlin’s Friedrichstraße. She spoke of numbers. “In the last 10 years, we increased MCM’s revenues tenfold, from around $60 million to $600 million,” she said. Today the company sells its hand luggage at 500 stores in more than 40 countries throughout the world. MCM has detached itself from the industry trend. While other luxury brands such as Prada and Burberry are languishing and the consulting firm Bain & Company predicts that this year the global luxury market will stagnate at €253 billion or at best grow slightly, business is booming at MCM. Ms.
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