Online sales in the EU, Coach drops, Jones sees profit, Blogging model revealed, Eastern Europe looks forward

Hermès scarf for sale on Ebay

Hermès scarf for sale on Ebay

EU To Adjust Rules Governing Online Sales (CNN Money)
“The European Commission Tuesday said it plans to adjust the rules governing the rights of retailers to sell their goods on the Internet in an attempt to boost online sales in Europe.”

Coach Drops On Worries About Slowing Comp-Store Sales (WSJ)
“Shares of Coach Inc. fell as much as 7.1% Tuesday after the upscale leather-goods retailer’s fiscal fourth-quarter profit declined 32%, in part on prior-year gains, while sales fell short of analysts’ expectations and margins declined. Though the company’s per-share earnings met consensus estimates, much of the focus turned to the possible slowing of comparable-store sales at outlet stores and the company’s heightened investment in its Fall 2009 “Poppy” collection.”

Cost cuts help Jones Apparel profit beat estimates (Reuters)
“Jones Apparel Group Inc (JNY.N) reported a higher-than-expected second-quarter profit on Wednesday, bolstered by cost cuts and the strong performance of its wholesale jeans business.”

Unmasked: the blogging model who rocked the world of fashion (Guardian)
“An interview with Jenna Sauers, the fashion model who worked anonymously for the feminist website Jezebel.”

Reliability is good for business for fashion retailer sector – CPM (Fibre2Fashion)
“In the light of the current market situation in Eastern Europe, a platform such as Collection Première Moscow (CPM) is more important than ever. The demand for information, especially from the Russian garment retail trade, and the search for practicable ways out of the crisis, are at the forefront of every retailer’s consciousness in these weeks.”