McQueen’s guiding light, PVH’s Hilfiger upside, Neiman ekes out profit, Online ad spend overtakes print, Fantasy furs

Alexander McQueen Autumn/Winter 2010 | Source:

Alexander McQueen Autumn/Winter 2010 | Source:

A light in the darkness (
“In Alexander McQueen’s final collection, medieval influences transformed into calm, poetic beauty.”

Phillips-Van Heusen May Gain From Buying Hilfiger (Bloomberg)
“Phillips-Van Heusen would gain extra profit within a year of a reported potential acquisition of Tommy Hilfiger Corp.”

Neiman Marcus posts profit as sales start improving (Reuters)
Neiman Marcus reported a quarterly profit on Tuesday as shoppers returned to its upscale department stores over the holidays and the retailer avoided profit-devouring discounts by keeping inventories low.”

2010 landmark year as online ad spending overtakes print (Biz Report)
“New figures released by research firm Outsell show that, for the first time ever, businesses plan to spend more this year on digital and online advertising and marketing than on print.”

Can Sackcloth Have Fur Trim? (NY Times)
“Perhaps sensing that fashion editors, at this point, did not need to see another plain camel coat, Karl Lagerfeld showed a Chanel collection on Tuesday that combined seven or eight ideas in a single outfit.”