The Week in Review | Contemplating the New Aesthetic, Curated commerce, Inez and Vinoodh, Introducing Edeline Lee

The Week in Review, 14-19 May 2012

Is Fashion Ready for a New Aesthetic? (Intelligence)
“Over the past year, a loose group of creatives in London’s East End have given birth to a counter-narrative to the growing tide of heritage and nostalgia, examining the reality of our increasingly artificial and technology-mediated world head-on.”

Commerce That’s Curated Just for You (Fashion 2.0)
“Ambitious start-ups are aiming to offer consumers more sophisticated personalised product selections and styling advice by building expert curation into their online business models.”

Inez and Vinoodh (The Creative Class)
“Working as a team, Lamsweerde and her husband, Vinoodh Matadin, have forged a unique personal and creative union which has given rise to a remarkable body of work.”

Edeline Lee (The Spotlight)
“Seeing the designer in her element, there is no mistaking that Edeline Lee is woman who wears many hats. For the designer, entrepreneur and mother, the reality of a multitasking lifestyle is central to her work.”

Richemont Full-Year Profit Beats Estimates on Asian Sales (Bloomberg)
Richemont, the second-biggest luxury goods company, reported full-year profit that beat analysts’ estimates as sales were boosted by buoyant demand for high-end goods in the Asia-Pacific region. Net income climbed 43 percent to 1.54 billion euros ($1.96 billion) in the 12 months through March 31, the Geneva-based company said today in a statement.”

Rebranding Africa (IHT)
“Africa is in the news — but not just for the sad and familiar reasons of conflict and suffering. The continent is entering the fashion arena, with the quality of its handwork, artistic creativity and its potential for economic growth bringing Africa literally in vogue.”

J. C. Penney Posts Big Loss as 3 Retailers Gain (NY Times)
“While retailers including Home Depot, Saks Fifth Avenue and TJX Companies reported solid profits on Tuesday, J. C. Penney, in the midst of an ambitious turnaround plan, posted a big loss and said its quarterly sales had dropped 20 percent.”