Polo profits drop, Chinese luxury grows, Shoppers seek the unique, BFC joins trade organisation, Gucci trademark

Rugby by Ralph Lauren

Rugby by Ralph Lauren

Polo Ralph Lauren sales and profits fall (Drapers)
“Polo Ralph Lauren has notched up first quarter sales of $1bn (£588.6m), an 8 percent fall on the same period last year.”

Luxury Brands Gain Momentum in China Despite the Slowdown (Seeking Alpha)
“Even as luxury goods consumption has fallen worldwide, China’s appetite for high-end retail has shown a strong momentum.”

Shoppers see a value in unique items, sometimes regardless of price (Canadian Press)
“The clone wars have ended: It is no longer cool to carry around the must-have handbag that all your friends have, too. Nor do you need to have matching designer outfits or easily identified mass-market kitsch.”

Fashion Membership (Vogue)
“The British Fashion Council is the latest organisation to become a member of the UK Fashion and Textile Association (UKFT). The UKFT is a trade organisation which represents the fashion and textile sector – including some of the country’s top brands – and the BFC will take up two seats on its board.”

Relatives barred from using Gucci brand name in US (Reuters)
“A judge barred a Gucci heir’s ex-wife and her daughter from using their names commercially in the United States without trademark approval on Wednesday, saying they could confuse consumers and damage the brand.”