New Look scraps IPO, Superdry flotation, H&M beats forecast, Models’ age-old issue, Horyn’s fashion future

New Look

Alexa Chung for New Look Spring 2009 | Source: New Look

New Look joins list of companies scrapping IPOs (Independent)
“The fashion chain New Look yesterday became the third major company in as many days to scrap a planned stock market flotation, blaming the lack of appetite of potential investors.”

Superdry owner SuperGroup plans stock-market flotation (Guardian)
“SuperGroup, the fashion company behind the fast-growing Superdry label, is expected to unveil plans to press ahead with a stock-market flotation today, bucking last week’s trend, in which three big companies abandoned their plans to seek a listing.”

H&M Same-Store Sales Beat Forecasts (WSJ)
“Fashion retailer Hennes & Mauritz AB Monday reported a better-than-expected gain in same-store sales in January, marking the second consecutive monthly increase in sales.”

Fashion industry, struggling with size, realizes age is part of the problem (AP)
“The models auditioning for New York Fashion Week were undeniably thin. But it was only after the fashion industry started worrying about too-skinny models that casting agent James Scully began asking their age.”

The Future of Fashion: Cathy Horyn (Style.com)
“During our conversation… she talked about the critic’s evolving role, her sense that leggings are the enemy of innovation, and her belief that, in design, technique matters now more than ever.”