A Younger Coach, Escada optimism, UK sales down, Aquascutum bows out of LFW, Museum fashion

Poppy line for Coach, Courtesy of Coach

Poppy line for Coach, Courtesy of Coach

Coach Is Now Traveling Coach (Reuters)
“With this month’s release of the budget-conscious Poppy line, Coach, a luxury-retail marvel once ridiculed for being stodgy, is increasingly associated with an entirely different-and notoriously fickle-population: teens, coeds, and grads.”

Escada Optimistic of Rescue as Katie Holmes Dressmaker Suffers (Bloomberg)
“Escada AG Chief Executive Officer Bruno Saelzer said he’s optimistic investors will back a refinancing plan and avert insolvency at the German dressmaker whose celebrity clients include actress Katie Holmes.”

Fashion sales down 1.1% in June (Drapers)
“Like-for-like fashion sales in June were down 1.1%, a little more than the average retail drop across all retail sectors of 0.9%.”

Aquascutum pulls out of London Fashion Week (Marie Claire)
“Amongst all the hullaballoo surrounding September’s London Fashion Week – billed as one of the most fabulous ever due to a new location at Somerset House and the return to the capital of blockbuster brands Burberry and Matthew Williamson – one brand, Aquascutum, will no longer be on the glittering schedule.”

From Europe | Designers’ Day at the Museum (The Moment)
European museums remind us, “that a fashion exhibition can also be thoughtful and original, with a purpose beyond just that of a brand extension for publications or an advertising campaign for fashion products sold in nearby boutiques.”