Fantasy island, LVMH and Fabindia, High expectations, HBS fashion tech boom, Celebrity designers

Marc Jacobs Takes A Bow | Source: Showmoda

A Magical Pilgrim’s Path (IHT)
“In the sensible world of New York fashion, Marc Jacobs stands alone on fantasy island. And this season, he played his role as agent provocateur and psychoanalyst of style to the ultimate degree.”

LVMH’s PE arm buys 8 pct of Fabindia (Reuters)
“L Capital, the private equity arm of LVMH, the world’s biggest luxury goods group, has bought the 8 percent stake held by Wolfensohn Capital Partners in unlisted Indian ethnic wear chain Fabindia, two sources with direct knowledge of the matter said.”

Yoox CEO Marchetti Expects Profitability to Increase in 2012 (Bloomberg)
“Yoox Chief Executive Officer Federico Marchetti said he expects profit margins at the online fashion retailer to widen in 2012 as the company reaps the benefit of investment in mobile commerce and logistics.”

Fashion Tech Startups Emerging From Harvard Business School (Xconomy)
“When Harvard and startups are mentioned in the same sentence, it’s usually to talk about the undergrad dropouts who went on to start tech empires (think Bill and Mark). But Harvard Business School has its own set of graduates making waves, and it’s not just the finance industry tycoons you’re probably thinking of.”

Red Carpet Baggers (T Magazine)
“The idea that anyone can be a designer is now part of the culture. Celebrities, stylists and enthusiasts on “Project Runway” are all aiming to join Karl & Co… It all started with celebrity endorsements.”