LFW meets BAFTA, Luxury rebound, Hermès boss sees tax hikes, Marc Jacobs sues Christian Audigier, Chaos theory

Penelope Cruz Bafta 2009 Red Carpet | Source: Bafta

Penelope Cruz Bafta 2009 Red Carpet | Source: Bafta

London fashion week meets the Baftas (Guardian)
“It’s a brilliant idea to combine the drama of the Baftas with the catwalk glamour of London fashion week. It’s just amazing no one thought of it before.”

Stores Reach Into Bag of Tactics As Luxury-Goods Sales Improve (WSJ)
“Optimism is creeping back into style, following three seasons of budget slashing, according to luxury-retail executives who will attend New York Fashion Week… Even so, there’s a focus on luring back ‘aspirational shoppers.’”

Hermès CEO sees higher taxes hitting luxury (Reuters)
“Governments worldwide will have little choice but to raise taxes on the rich to address ballooning deficits, a development that would harm luxury spending in the coming years, French luxury chain Hermès International chief executive, Patrick Thomas, said.”

Marc Jacobs Sues Christian Audigier (NY Magazine)
Marc Jacobs is suing Christian Audigier for trade-dress and trademark infringement over a handbag that’s suspiciously similar to one he designed… Audigier’s bag is ‘confusingly similar’ to Jacobs’s, according to the suit.”

The Indian shopper’s chaos theory (Live Mint)
“Taking the Indian shopper out of chaos is like taking a fish out of water. We feel at home in the hustle bustle of local markets and start having withdrawal symptoms in a structured sterile atmosphere.”