JPG to leave Hermès?, Liberty in talks with Target, Escada’s white knights, End of discounting

W 2009, courtesy of Hermes

Hermès Autumn/Winter 2009, courtesy of Hermès

Jean Paul Gaultier Said to be Leaving Hermès (Fashion Week Daily)
“Change is brewing at Hermès, and it’s starting with Jean Paul Gaultier. The designer is said to be resigning from the company; his last collection for the house is due to bow in Paris this October.”

Liberty linked to Target collaboration (Drapers)
“Liberty, the iconic London department store, is reported to be in talks with US value chain Target about a collaboration on clothing next year.”

Escada Draws Interest From Several Investors, Handelsblatt Says (Bloomberg)
Several investors are interested in buying German luxury clothing maker Escada AG, which filed for insolvency this month, Handelsblatt reported, without saying where it got the information.

Fashion World Moves to Damp Sale Frenzy (Wall Street Journal)
“Next week begins the media blitz for Fashion’s Night Out—a global pep rally sponsored by two fashion icons, Anna Wintour and Diane von Furstenberg.”