The Daily Digest

  1. Mulberry Aims for ‘Affordable Luxury’ After Failed Move Upmarket

    “The British luxury goods group will cut prices of new products and focus on the cheaper bags that made …More

  2. For Young Traders, a Market Where Air Jordans Are Blue Chips

    “While the lucrative retail business for sneakers — and the exclusive lines that attract overnight campers …More

  3. Workers Strike at Shoe Factory Over Benefits Dispute

    “Tens of thousands of workers at one of the world’s largest shoe manufacturers are continuing a strike in the …More

  4. DKNY Shares New Wearable Tech App That Could Be Game-Changing

    “Awear functions through a digital chip embedded in garments. Users who have the Awear app can use it to …More

  5. Chinese Models Break Barriers in Beauty and Business

    “They are the industry’s leading Chinese models, including Du Juan, Liu Wen, Xiao Wen Ju, Xi Mengyao (or Ming …More

Another Profit Warning From Mulberry; Shares Tumble Again

Mulberry Spring/Summer 2014 Campaign | Source: Mulberry

LONDON, United Kingdom — Mulberry Group Plc, the U.K. luxury bag maker that recently parted company with its chief executive officer, reined back profit estimates for the second time in less than three months and said a plan to boost sales with more affordable new products will weigh on earnings.

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Tapping Brazil’s Next Tier

Museu Oscar Niemeyer in Curitiba, capital of Paraná state | Source: Flickr

Latin America’s powerhouse has made great strides forward but lost the mouth-watering economic momentum of the boom years. Now, to unlock more of Brazil’s potential, global fashion brands are trekking to the very margins of the map. Market GPS is sponsored by Marvin Traub Associates.

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A New Brazilianness Amidst Post-Boom Economy

Looks from Paula Raia, Colcci, and Lenny Niemeyer | Source: São Paulo Fashion Week

This season, the runways of São Paulo and Rio de Janeiro were alive with newfound optimism and Brazilianness. But the underlying economic situation presents a starker reality for Brazil’s domestic fashion industry.

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