Cortazar and Ungaro part ways, Amazon buys Zappos, Italian luxury stable, Rio in Tokyo

Esteban Cortazar, courtesy of Bryanboy

Esteban Cortazar

Cortazar Leaves Ungaro (Vogue.com)
“Following a lengthy period of less than emphatic denials and weak shows of unity between Ungaro and the label’s ceo, Mounir Moufarrige, the decision has been taken to dissolve the relationship, WWD reports. It is expected to be formerly announced later today that the separation is by mutual agreement.”

Amazon to buy Zappos (Drapers)
“Amazon is set to buy US footwear website Zappos.com for around $927 million (£561.6m).”

Italian luxury consumption seen stable in summer (Forbes)
“Consumption of Italian luxury goods is seen stabilising in July and August from falls in the two previous months as the crisis sapped demand for jewellery, accessories and designer goods, an association said.”

Fashion Rio and the casual lifestyle (The Japan Times)
“While there are some bumps to get over, interest in Japan seems to be readily increasing for some in the Brazilian fashion industry.”