LVMH

LVMH is one of the biggest luxury goods powerhouses of all time. The initials stand for Louis Vuitton Moët Hennessy. The company formed in 1987 as a result of the merger between Louis Vuitton and Moët Hennessy, which was itself a merger of the Moët and Chandon champagne producer with the Hennessy cognac company.

image via  Pinterest

image via Pinterest

As for the fashion end of the business, LVMH manages big name brands like Nicholas Kirkwood, Marc Jacobs, Dior, and Céline, just to list a few. Dior is in fact the main holding company of LVMH owning 40.9% of its shares and 59.01% of its voting rights. Basically, Dior has a lot of say in how LVMH runs things. LVMH is based in Paris and lead by CEO Bernard Arnault.

You may have come across mention of LVMH in articles in Women's Wear Daily (WWD) or in some of your favorite fashion books. Any book that discusses the history of fashion is sure to mention LVMH and the influence this company has had over the industry. But the company is much more than just a luxury brand conglomerate. Arnault makes sure to  dip LVMH's hand into many charities and is a patron to the arts, not just in France, but globally.

Just one year ago in November 2013, LVMH created the LVMH Young Fashion Designer Prize, which some see as the French equivalent of the Vogue/CFDA Fashion Fund. The winner is awarded a grant of 300,000 Euros and a one year mentorship with a designer of fashion mogul of their choice. This past February, 20 finalists presented to the panel of judges in London, with Thomas Tait being announced the winner in May.

a selection from the Louis Vuitton Spring 2015 RTW show (images via Style.com)

LVMH has a far reaching influence on the fashion world and will likely only continue to grow. If you're interested in being a part of the international luxury goods market, you better have them on your radar. Even better if you have them on your resume.

Paul Andrew

His name is suddenly everywhere but you have no idea who he is. Don't fret! Until recently, very few individuals had heard of him either. That is, until Paul Andrew beat out 10 other finalists and hundreds of competitors to win the CFDA and Vogue's Fashion Fund Designer of the Year Award for 2014.

image via Style.com

image via Style.com

That's right, this man right here has been chosen as the next big thing in shoe design. British born and American based, 35 year old Paul Andrew started his career working for heavy-hitters like Donna Karan, Alexander McQueen, Narciso Rodriguez, and Calvin Klein, but has since launched his own namesake shoe brand. Andrew is determined to create shoes with the perfect combination of feminine chic and comfort. In an interview with Style.com, Andrew said, "When I launched my collection two and a half years ago, everyone was traipsing around in towering high platforms and my whole idea was to return the eye to elegant and feminine shoes with a single sole that are also comfortable. With [the Fashion Fund] reward money, I plan to do even more testing and make sure these are the most comfortable shoes out there." In an act that shows his real dedication to the pursuit of comfort, Andrew has mentioned Nike CEO Mark Parker as a mentor he'd love to work with. Both Parker and Andrew have dedicated their businesses to the idea of melding great design with comfort. Hopefully there will be a Nike + Paul Andrew collaboration in the not too far future.

For now you can shop Paul Andrew's fabulous shoes at sites like Bergdorf Goodman and learn more about him on his website. And congratulations Mr. Andrew! 

Vintage

It all began with a trip to Buffalo Exchange. My mother and I were taking a bunch of old clothes there to see if we could make a little cash, when she started asking if BE was a vintage or a thrift shop. I thought I was confident in my reply that it definitely wasn't vintage, but that got me thinking - what exactly does vintage mean? How is it different from antique, second hand, or just plain old? And that's what brought me here.

image via  Pinterest

image via Pinterest

Vintage generally refers to clothing of a previous era. Antique clothing is any piece that is at least 100 years old, while vintage encompasses fashion from that time up until 20 years before present day. So right now, antique means dating from 1914 or earlier and vintage means anything from 1915 to 1995.

Many people and stores will emphasize a certain level of quality when talking about vintage clothing, although the word doesn't inherently have any meaning associated with quality. It's likely that the words 'vintage' and 'designer' automatically go together in your head, but unknown names and brands are also vintage and can have just as high quality.

images via HarpersBazaar.com

Here are a few other handy definitions, just to clear things up:

Thrift shop - a store often associated with a charity that sells donated clothes, typically already worn/used

Retro - clothing that imitates the styles of a previous era

Modern/contemporary clothing - clothing designed and produced in the past 20 years