Adidas profit drops, H&M plans stock split, Tesco’s recycled duds, Lacroix licenses comeback, Fashion and feminism

Adidas Y3 Spring/Summer 2010 | Source: Adidas

Adidas Y3 Spring/Summer 2010 | Source: Adidas

Adidas Net Profit Drops 65 percent (WSJ)
“Adidas reported a sharper-than-expected 65% fall in quarterly net profit Wednesday, but said it expects a rise in 2010 sales and earnings.”

H&M plans two-for-one stock split (Reuters)
“The world’s third largest fashion chain by sales said on Wednesday its board would propose the split at its annual shareholders’ meeting on April 29 and it would take effect between May 20 and June 18.”

Tesco launches recycled clothing collection (Guardian)
“The news that Tesco have collaborated with an ethical fashion label to create a line of recycled clothing for the Florence & Fred label may raise a few eyebrows.”

Christian Lacroix eyeing comeback (Independent)
“Lacroix’s ready-to-wear and haute couture might be things of the past… but the label will be branching out into stationery, sunglasses, and home decoration.”

Fashion is still a feminist issue (Times)
“Did Miuccia Prada really say after last week’s show in Milan that she was a former feminist? I lent in closer.  Yes, that’s what she’d said all right. ‘Feminism?’ she sighed, ‘it doesn’t really exist anymore does it?”