Missoni at 50, Fast Retailing rises, Seoul menswear, Liberty standalone closes, Hope for Italian menswear

Missoni S/S 09 ad campaign, courtesy of Missoni

Missoni S/S 09 ad campaign, courtesy of Missoni

Stars in their stripes: Missoni a fashion powerhouse (Independent)
“For 50 years, it has dressed the stylish in its striped and zig-zag knits. Missoni is a fashion powerhouse, a family business and, a new exhibition argues, an Italian national treasure.”

Fast Retailing Lives Up to Name With Global Gains (WSJ)
“Despite the economic gloom brought on by Japan’s shrinking domestic consumption, Fast Retailing Co. has had no trouble living up to its name: domestic same-store sales in May of its Uniqlo chain shot up 18.3%, extending on-year gains to seven consecutive months.”

From South Korea, Innovation in Menswear (New York Times)
“South Korea is shaping up as the next hotbed of innovative menswear, with three of its most prominent designers creating tailoring with a twist for an international audience just as Seoul itself is becoming something of a fashion center.”

Liberty to sell Sloane Street standalone (Drapers)
“Iconic department store Liberty has closed its standalone Liberty of London shop on Sloane Street 12 months after it opened, after receiving an offer for the lease.”

Glimmer of hope for fashion (Business World)
“After a ‘frosty’ start to the year – when there were fewer shows at the January Autumn/Winter 2009-2010 menswear fashion week – there are some positive signals emerging, according to Italy’s National Chamber of Fashion.”