Bonkers London Fashion Week, Christopher meets Donatella, TK Maxx prospers, Polyvore investors, Grocery chic

Christopher Kane's nuclear Cruise Collection 2010

Christopher Kane's nuclear Cruise Collection 2010

London Fashion Week going to be bonkers (Telegraph)
Sarah Mower reports that “the British Fashion Council’s biggest problem is finding enough room on the schedule to accommodate everyone hammering on the door. But as problems go, it’s a nice one to have.”

Donatella Versace on fashion and celebrity (Times)
Christopher Kane interviews Donnatella Versace and learns that she finds “the excessive emphasis on finance that has infiltrated this world” the most boring thing about fashion.

Discount fashion: Taking it to the Maxx (Independent)
“While TK Maxx has attracted an expanding army of shoppers during the recession, it was growing robustly before the credit crunch as well. In fact, its business model and pricing architecture is radically different to that of rival discount fashion stores, notably Primark, New Look and H&M, which have also prospered during the downturn.”

Polyvore Raises Money for Do-It-Yourself Fashion Site (New York Times)
“Polyvore announced on Tuesday that it had raised $5.6 million in new capital and brought on a new investor, Matrix Partners, and a new board member from Matrix, Dana Stalder. That is on top of the $2.5 million it previously raised from Benchmark Capital and several angel investors.”

Boutique aimed at urban trendsetters (Financial Post)
“Loblaw Cos. is taking its Joe Fresh Style brand to main street, signing a deal to open an 8,000-square-foot boutique on Toronto’s trendy Queen Street West strip. This marks the first time the grocer has showcased its hit apparel line on a major retail strip and is a further indication it is vying to become the country’s biggest “cheap chic” clothing brand.”BB