Gauging Gilt’s impact, Chanel to finally sell online, Herrera holds hope for luxury, Andam prize grows, LFW preview

Tara Pearls Jewelry on Gilt Groupe | Source: Gilt Groupe

Tara Pearls Jewelry on Gilt Groupe | Source: Gilt Groupe

What’s a Dress Worth? (NY Magazine)
“The online retailer Gilt Groupe offers a great deal: Buy designer clothes at deep discounts. But is it good or bad for fashion?”

Chanel to sell goods online (Marketing)
Chanel is to begin selling products directly through its website later this year in a landmark decision likely to be followed by rival luxury brands.”

Carolina Herrera Sees Signs of Life in Luxury (WSJ)
“Fashion designer Carolina Herrera says she was “shocked” a few months ago when she noticed her $7,990 gray sequined tulle gowns were “selling like hotcakes,” relatively speaking.”

World’s top fashion prize increased to 220,000 euros (AFP)
“The coveted Andam fashion prize for emerging talent on Monday announced a more than 25-percent increase in its endowment, to 220,000 euros (307,000 dollars).”

London Fashion Week Preview (Fashion156)
Fashion156 launches the London Fashion Week preview issue, including coverage on womenswear, menswear, accessories, beauty and grooming.