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Issue # 18June 11th 2015

Curtis Kurlig for LuxotticaThe New York City artist is chosen for the Faces by The Sartorialist project.

A marketplace for design

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According to the Altagamma Observatory the segment will grow, even at constant exchange rates.

Positive trend for luxury

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The studies unveiled in Milan during the Altagamma Observatory confirm the positive trend in global consumption in the luxury segment in 2015, despite the uncertainties due to foreign currency fluctuations which will be a key factor in companies’ financial statements.

Last update to Altagamma Consensus, based on the forecasts of 24 international analysts in the sector, indicates growth, including at constant rates: “During the year”, comments Armando Branchini, Vice Chairman of Altagamma and author of the Consensus “results at current rates are likely to be extremely positive. However, for a correct measure of the growth of real consumption, forecasts should be made at constant rates. Based on this approach, we forecast growth of 5% in Europe and Japan, 4% in the Middle East and the Rest of the World and 3% in the Americas. Forecasts for Asia are more modest, up 2% on 2014. With respect to product categories, growth forecasts point to a 4% increase in shoes and bags and jewellery and watches and to a 3% rise in clothing, cosmetics and perfumes”.

Upward trend for luxury goods

| Issue #18 | June 11th 2015

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According to the update to Altagamma Monitor on Global Markets, presented by Claudia D’Arpizio, exchange rate fluctuations, specifically the depreciation of the Euro, have supported market performance at the end of 2014, reaching +3% at current rates (Euro 224 billion) or +4% at constant rates. This support is even clearer in early 2015, pushing the 2-3% growth – at constant rates - in the first quarter of the year to +12-13% at current rates. However, forecasts for the global market remain positive, with an estimated increase for the year of 2-4% at constant rates. Overall, luxury consumers are getting increasingly global and are more aware of price dynamics. The main price differences between markets, such as over-distribution in some countries and cities, are not sustainable and need a prompt revision of some key sector dynamics.Finally, the study Tax Free Consumption in the EU, presented by Antonella Bertossi, Global Blue’s Marketing Sales Manager Italy, points to a turnaround compared to October 2014 results, with a 7% increase in consumption in Europe by non-EU tourists, driven, in particular, by the increase in Chinese tourists. In particular, growth refers to the first few months of 2015 and is driven by the French market (+15%). The Italian market remains stable (+1%), while UK is the only market recording a negative balance, being the market where the effect of Chinese consumption is lower than that of Middle East consumers.

Marchon extends global licensing agreement with Nike

Marchon Eyewear has announced the long-term extension of its licensing agreement with Nike for the exclusive design, production and worldwide distribution of Nike optical and sunglass collections. The partnership between the two companies, which have not revealed the duration of the new agreement, dates back to 1999.

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| Issue #18 | June 11th 2015

Curtis Kulig, the New York City artist who is renowned for his iconic “Love Me” campaign, is the latest artist to be selected as part of the Faces by The Sartorialist project, the original digital showcase launched a year ago by Luxottica together with blogger Schott Schuman. Starting with the details of the frames, Kulig has interpreted in his own way seven pairs of eyeglasses, one for each day of the week, with as many illustrations that were published on www.facesbythesartorialist.com and @facesbythesartorialist on Instagram. “Persol, Ray-Ban and Oliver Peoples are just a few of my favorite brands”, Kulig commented. “I’ve known Scott for years and it was great fun being able to work with him on reproducing the models that have captured my heart”.

Curtis Kulig illustrates Luxottica brands

Where does the inspiration for your brand come from?From my experience as a jewellery designer.

What's the mood of the collection?Good looking, three dimensional objects with a perfect fitting in the

face without any decoration elements.Are you satisfied of your participation at Mido Lab Academy?

Yes we are very satisfied. We opened some new accounts.

Mido Lab AcademyThree questions to... Susy Glam

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| Issue #18 | June 11th 2015

Neymar Jr will stay on as Police ambassador for a further two years. With over 52 million Facebook fans and over 22 million followers on Instagram, this international football star has helped the positive trend of the sell-in for the brand, which in 2014 registered a major increase in turnover, particularly in Europe, the Far East and Brazil, where its sales have doubled thanks to the popularity of the Brazilian football superstar. The De Rigo Group, creator and owner of the brand, closed the last financial period with a turnover of 375.5 million euro’s, 221.8 million of which related to the wholesale division, where the Police brand accounts for over 30%.

I. Jeffrey O. Gustafson. Licensed under CC BY-SA 3.0 via Wikimedia Commons.

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Vuarnet is bringing all of its activities together (glasses, sportswear, ski equipment etc.) into a single entity that will be driven by a new management team including new Ceo, Lionel Giraud. Expert in heritage French brands, Giraud began his career at Cartier from 1998 to 2001, where he directed the watchmaking division, and then became Vice President and Artistic Director of Chaumet (LVMH) for ten years, also taking over as Ceo at André for two years. "We want to take this exceptional French brand and create the conditions for a 360 degree international project", Giraud commented. He has strengthened his team with the arrival of Luc Zeltner as Development Director, who was Managing Director of the concept store Merci, after following a career at Cartier, Louis Vuitton and Lacoste.

Vuarnet: new management team

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John Ermatinger CEO True Religion ApparelLionel Giraud CEO VuarnetJeff Harvey National Sales Manager of the Sun & Safety Team Inspecs USAJim McGrann President and CEO VSP GlobalCleto Sagripanti President CecLuc Zeltner Development Director Vuarnet

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Transitions is continuing its collaboration with designer brands. After ic!berlin and Lindberg, the company in the Essilor group has chosen the fresh, original style of the Sicilian brand G-Sevenstars created in 2012 by the young Sicilian Gabriele Puglia. Transitions dynamic lenses, which darken and lighten automatically to guarantee optimal vision in any light conditions, are available for the three G-Sevenstars collections inspired by the colors and atmospheres of Sicily: Island, Deadly Sins and Seven Skies.

Transitions partners with G-Sevenstars

Neymar Jr with Police for two more years

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The Livingooh portal has taken a new approach to the e-commerce market: it proposes selected products with a description of their background. All the selected furnishings and furniture tell the story of how they were conceived, designed and made, with a common denominator: Italian culture conveyed in all its many facets. Individual customers/users are guided through a tailor-made customer care service that takes to homes all over the world unique, creative and customized spaces that exude a passion for quality, style and Italian living well.

The name Dondup has been “borrowed” from a Tibetan lama, Mingyar Dondup, whose main credo was “all men are equal; race, color and faith mean nothing”. The brand proposed a collection of eyewear in the past and now it isn’t concealing the fact that it may enter the eyewear sector, as WMIDO was told exclusively by Creative Director Manuela Mariotti and CEO Carlo Morfini: “Dondup has recently expanded its proposal by developing accessories like footwear and leather goods. These extensions have had a good response in terms of image and sales, so much so that we are strengthening the brand extension projects. In this light, it’s quite possible that we will consider a line of eyewear in the near future and for which we will evaluate a strong partnership in the sector”.

Design, fashion & lifestyle | Issue #18 | June 11th 2015

The flavor of yesteryear in shapes and fabrics. The main trends for Fall/Winter 2015/16 have confirmed fashion accessories like fringes and fur. For daytime, the must-haves will be maxi versions of the backpack. For the evening, the clutch is back but as a jewel to be shown off, sometimes with matching bijoux. Made in a variety of materials, the minimum common denominator will be gemstones, crystal and rhinestones. As to colors, we could be having fun with contrasting colors or elegant tone-on-tone.

The future of bags

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A future in eyewear for Dondup?

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Among the important themes that are stimulating cultural discussion in 2015, light has a special place and this year UNESCO is promoting the “International Year of Light”. In this context, what are the trends of lighting in the world? Starting with the axiom that LED has changed the ways of designing, the current state-of-the-art has two theories. The first is the maximum reduction of the lamp and, in perspective, its assimilation in architecture. The second is a rediscovery of shape that goes beyond function - the design of a fascinating simulacrum.

Macro trend in lighting

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Editorial Director: Francesco Gili MIDO Srl Unipersonale · Via Petitti, 16 - 20149 Milano (Italy) · Phone +39 02 32673673 · P. Iva IT 07164050150

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