Chanel’s stride, A second life in China, Milano Unica’s appeal, Malandrino deal, Wise investor

Chanel Spring/Summer 2012 | Source:

Chanel Never Breaks Stride (NY Times)
Suffice to say, the Chanel show had everything, from novel materials to feathered chiffon prints to jackets with ties formed by the linings. (“It’s a stupid idea,” Mr. Lagerfeld said, with a shrug, “but stupid ideas can be good ideas.”) Above all, the Chanel show had no feeling of being stuck. The shapes were agile and youthful, for going places, and that’s really all that matters.

Aging European Brands find second life in China (Red Luxury)
“The rising Chinese middle-class, driven by its strong conscious for status, is gobbling up exhausted European brands re-imagined for their rich histories and royal connections. ‘Chinese are a lot more brand driven than other countries, and also they have rapidly increasing income but their brand product knowledge is sort of behind their spending power. That creates an interesting opportunity,’ said Vincent Lui, a Hong Kong-based partner at Boston Consulting Group.”

Milano Unica, Italy’s Largest Textile Fair, Woos Emerging Designers (Forbes)
“Milano Unica, a biannual textile fair featuring 480 European manufacturers, eager to sell their fabrics and services to a bevy of designers, labels and retailers. For its 13th edition this season, Miano Unica welcomed 21,400 visitors from all over the world… ‘So many young designers are focused on styling rather than materials now,’ says Loro Piana. ‘We have to change that.’”

Elie Tahari Reportedly Near Deal to Buy Catherine Malandrino (Thread NY)
“Many folks outside of the fashion industry mostly know Tahari to be designer with a successful brand that has a broad appeal to customers at department stores. In fact, Tahari actually co-founded Theory in 1997, and then later sold his stake. His business has been reportly been valued at about $500 million.”

‘Think big but start small’ (FT)
“Ms Busquets’ investing style stands apart from more famous venture capital firms, which shower start-ups with tens of millions of dollars, bestowing young companies with colossal valuations. Instead, she doles out small investments as a company needs capital.”