BoF Daily Digest |Inditex earnings climb 17%, Guess Q4 profit leaps, Lagerfeld for Hogan, Retail Lessons, All you need is luxe

Zara Spring/Summer 2010 | Source: Zara

Zara Spring/Summer 2010 | Source: Zara

Inditex profit climbs 17 percent as sales jump at start of fiscal year (Market Watch)
Inditex posted a 17% rise in fourth-quarter profit on a 13% rise in revenue as the Spanish retailer saw strong growth in international markets and opened its fiscal year with rapid sales growth.”

Guess Q4 Profit Jumps 81per cent (RTT News)
“International fashion house Guess? Inc. said Wednesday its profit for the fourth quarter jumped 80.7% over last year, driven by higher sales and improved margins. Quarterly adjusted earnings grew 45.5%, and topped the analysts’ expectations.”

Lagerfeld to Help Tod’s With Its Hogan Brand (NYT)
Karl Lagerfeld has a new world at his feet: The Italian company Hogan, part of the Tod’s footwear empire, said Wednesday that it had signed the designer for a special collection.”

Lessons Learned From Two Retailers (WSJ)
“What’s the difference between Amancio Ortega and Stephen Marks? Superficially, the two have much in common. Both started out as clothing manufacturers…Yet the fortunes of the two have radically diverged.”

All You Need Is Luxe (T Magazine)
“Midway through ‘Imagine: John Lennon,’ the 1988 documentary, Lennon and his new bride, Yoko Ono, are seen prancing through a London airport clad in matching white pantsuits… He knew how to have a good time and how to work a look.”