Surprise satchel success, Fashion’s biggest name, New creatives at Cacharel, SuperGroup slides, CFDA winners

The fluorescent Satchel | Source: Dover Street Market

British satchel maker takes fashion world by storm (Guardian)
“A traditional chestnut-coloured unisex leather satchel, made in the UK by a mother-and-daughter team, has unexpectedly taken the fashion world by storm. The Cambridge Satchel Company has become 2011′s accidental multimillion-pound global hit, and is competing for popularity with international mega-league brands.”

How Prada became the biggest name in fashion (Independent)
“While the Western world is still reeling from the effects of the 2008 economic crash, business at Prada… appears to be booming. On 17 June… The expected listing price of HK$36.5 to $48 a share values Prada higher than its European peers including even France’s largest and most powerful luxury goods conglomerate, LVMH.”

Cacharel Attempts to Revamp With New Designers (Fashionista)
“It goes without saying that the brand needs a dual shot of stability and modernity; enter French-educated Chinese design partners Ling Liu and Dawei Sun… they will now be joint artistic directors for all the brand’s lines, including womenswear, childrenswear, menswear and accessories.”

Bears charge in on news of Supergroup voucher (Independent)
“Supergroup continued to slump yesterday amid fears that the retailer behind the Superdry brand might be losing its edge with customers. The worries first surfaced on Friday, when traders learnt that in a break from past practice, the group had sent discount vouchers to online shoppers.”

CFDA Awards: And the Winners Are… (WWD)
“There was no shortage of fashion at Monday’s CFDA Awards, but the one style matter everyone was wondering about was that of Lady Gaga’s grand entrance… she arrived fashionably late, a turquoise-hair-topped tower of black custom Thierry Mugler beaded tulle and lace over her spiked leather and mesh bodysuit.”