Gucci turns 90, Milanese glamour, Chinese boom, Yoox targets China, Cash injection for JustFabulous

Gucci Spring/Summer 2012 | Source: Style.com

Gucci at 90: ‘Hard Deco’ (IHT)
The Gucci designer Frida Giannini, celebrating the brand’s 90th year, certainly sent out a polished and upscale collection, with shiny metallic surfaces and a focus on jazzy evening outfits — even if they were inspired by the 1920s, when flappers danced up to the edge of the Great Depression.”

Milan fashion picks glam over gloom (Reuters)
“Designers have prepared a marathon of catwalk shows and gala openings to wow shoppers and woo their wallets at a Milan fashion week… ‘This is our chance to react to the crisis,’ Mario Boselli, chairman of Italy’s National Chamber of Fashion… Fashion is a key contributor to the euro-zone’s third largest economy. Italian brands are expected to generate total revenues of almost 63 billion euros (54.9 billion pounds) this year.”

Designer-hungry China in sight at London fashion (Reuters)
“The world’s biggest luxury market within five years has become a second home for brands such Hermes, Prada and Tiffany & Co that tap Chinese appetite for sports cars, luxury handbags and diamonds. And British designers have taken note.’There’s quite a boom in the world of fashion and I believe that is mostly because of China,’ designer Vivienne Westwood told Reuters.”

The etail highway to China (FT)
“Yoox Group, the Italian company that builds and manages about half the fashion world’s etail outlets (Armani, Marni, Zegna, Dolce & Gabbana etc.) and has taken Armani and Dolce into China, is to make a move of its own into the country. Next week, thecorner.com, its high-end multi-brand boutique, will become the first multi-brand etailer to launch in China.”

Former Intermix COO Raises $33M For Fashion Brand JustFabulous (Forbes)
“Launched in March 2010, JustFabulous has a subscription fashion business built on its personalized fashion styling advice and in-house designed clothing and lifestyle brand. After just more than one year, the site already has 2.5 million members and more than $3 million in revenue per month.”