Versace slashes workforce, Fashion’s (second) Night Out, Tillman buys Koodos, Chinese fashion, SJP and Westwood

Versace Atelier Autumn/Winter 09 | Source: Versace

Versace Atelier Autumn/Winter 09 | Source: Versace

Versace Cuts a Fourth of Its Work Force (NY Times)
“Versace Group, the fashion house based in Milan, said Wednesday that it would cut 26 percent of its worldwide work force and consolidate its operations as it targeted a return to profitability in 2011.”

Fashion’s Night Out on the calendar for 2010 (AP)
“ShopperTrak, an independent reporter of consumer traffic, estimated a 50 percent jump in retail foot traffic as stores held cocktail parties, offered makeovers, and hosted meet-and-greets with celebrities and designers.”

Tillman firm snaps up Koodos (Drapers)
“E-trader Group, a software development company founded by fashion entrepreneur Harold Tillman, has bought discount fashion e-tailer Koodos.”

China’s Street fashion (CNN)
“It’s a hot august afternoon in Beijing, and student Li Yanan is shopping with a friend at the Joy City mall, in the city’s Xicheng district. The mall offers plenty of Western brand-name stores… But Li, 20, is drawn to the only store displaying a large slogan printed in Chinese characters. Your own style, it reads.”

How jilted Carrie’s wedding became Westwood’s big day (Evening Standard)
“Sales of Westwood labels rose by almost a fifth last year to £17.6million after Sarah Jessica Parker’s character, Carrie Bradshaw, wore one of the designer’s gowns for her ill-fated wedding.”