BoF Daily Digest | Global fashion capital, M-commerce innovation, Ideeli’s attraction, J.Crew in the UK, Iris Apfel’s ageless style
Why London deserves to be the fashion capital of the world (Telegraph)
“London fashion now has an explosion of internationally bought talent, an array of serious businesses, is a significant contributor to national exports, and is bolstering UK manufacturing into the bargain. Ten years ago, the despairing moan was that everyone was leaving London to show abroad: nobody talks about designers defecting any more, only about how we’re going to fit in everyone who wants to show.”
Dept. Stores, M-Commerce Leading the Social Media Way (WWD)
“It’s the year of the department store. The category posted growth in retail market share for the first time in nearly three decades — and it just might have something to do with innovative digital strategies… the average Digital IQ for department stores grew 14 points from 2010 — coming in second to e-tailers for highest category IQ — a telling statistic about the impact of digital, given that the latter are native to the medium.”
The Fastest-Growing Private Company of 2011 (Inc)
“Flash-shopping sites, a decade-old phenomenon in Europe, took root in this country around the time of the recession, when ideeli and its three best-known competitors launched. Members receive e-mail alerts about sales, and the clock starts ticking. For customers, the appeal is brands at a discount, which at ideeli can reach 80 percent.”
J. Crew launches online in the UK (Telegraph)
“J. Crew’s success – it’s valued as a $3 billion company – comes from filling the gaping hole between affordable fast-fashion, which the British high street has in abundance, and luxury designer labels… Fashion insiders point to the huge choice the label offers customers, making a single label store more like a boutique.”
At 90, Fashion’s Latest Pop Star (NY Times)
“Mrs. Apfel, the subject of a string of museum exhibitions, a coffee table book and even a fashion advertising campaign, has long been a magnet to aficionados, those devotees of fashion who dote on her style — a more-is-more mix of haute couture and hippie trimmings that appears at a glance to have been blended in a Cuisinart.”









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