Sustainability is back in fashion (IHT)
As the industry redefines the meaning of luxury, “Sustainability” and “Responsibility” have become the new buzz words.
Ted Baker profits fall (Drapers)
Ted Baker saw pre-tax profit fall 19.5% to £17.8 million for the 53 weeks ended January 31.
In Fashion, Some Like It Haute (WSJ)
“Economic crisis doesn’t mean the end of luxury. But while many brands have been battered, those that show grace under fire should be coveted investments.”
Inditex sales rise 12% (Drapers)
Sales are up at Inditex for the fiscal year 2009 and sales are trending ahead by 9% in February.