McQueen brand to continue, PPR profits up, Burberry restructures in Spain, Alexa joy for Mulberry, London’s lights

Alexander McQueen Spring Summer 2010 | Source: style.com

Alexander McQueen Spring/Summer 2010 | Source: style.com

Alexander McQueen label will survive (Times)
“Alexander McQueen’s fashion label will live on despite the designer’s apparent suicide last week, it was announced this morning.”

PPR full year net profit increases 7 percent (AP)
“Retail-to-luxury group PPR SA reported a 7 percent increase in 2009 profits Thursday and said it is launching a sales offensive to boost revenues in fast-growing markets such as China.”

Burberry Restructures In Spain (NY Times)
“Luxury goods group Burberry will restructure its loss-making operations in Spain, ceasing the production of exclusive collections and closing a facility that will likely mean 300 job losses.”

Alexa handbag joy for Mulberry (FT)
“Strong demand for the Alexa handbag, inspired by the young British style icon Alexa Chung, prompted Mulberry to upgrade its full-year expectations.”

Next in London: A New Crop (WSJ)
Christopher Kane, Marios Schwab, Jonathan Saunders aren’t famous fashion designers, at least not yet. They are three of the up-and-comers expected to receive close attention starting Friday when London Fashion Week begins.”