Burberry’s blowout, Ford’s funding, Luxury rents drop, Clements Ribeiro’s comeback, Luxury expands in Calgary

London Fashion Week: Burberry (Telegraph)
“A shower of silver sequins rained down on 1,500 guests in a vast white tent in the grounds of the Chelsea College of Art & Design last night (Tuesday), creating a starry climax to the Burberry Prorsum show at London Fashion Week.”

Burberry Jumps After Ahrendts Says U.K. ‘On Fire’ (Bloomberg)
“Burberry Group Plc rose as much as 5.8 percent in London trading after Chief Executive Officer Angela Ahrendts said the clothing maker’s U.K. business has been “on fire” as demand for luxury goods improves.”

Tom Ford Seeking At Least $50 Million (PEHUB)
Tom Ford International is on the hunt for financial backers, two sources familiar with the situation told peHUB. The New York-based fashion house entered the market within the past two weeks seeking a $50 million or greater investment, the sources said. Credit Suisse is managing the process.”

Luxury retailers see rents drop globally (CBC)
“Some 54 per cent of the 274 luxury retail strips covered under real estate consultancy Cushman Wakefield’s annual survey of retail rents dropped during the past year. Only in 18 places did rents increase this year.”

Clements Ribeiro say fashion in era of exuberance (Reuters)
“Design duo Clements Ribeiro, who have dressed Madonna and Nicole Kidman, believe fashion is experiencing a period of particular creativity and are beginning to look for investors for their label.”

Luxury’s cautious comeback in Calgary (Globe & Mail)
“Hermès is on the way in, upscale merchants are expanding – but that doesn’t mean it’s business as usual.”