CFDA honours, Luxury rising, H&M diversifies, Blogging pros and cons, Sacred Vreeland

Ashely and Mary Kate Olsen at the 2012 CDFA Awards | Source: Styleite

Fashion Awards, on Speed Dial (NY Times)
“The CFDA show, at Lincoln Center, may have been the fastest in memory, helped by the fact that John Waters, the director and writer, gave awards to both the actor Johnny Depp and Rei Kawakubo, the designer of Comme des Garcons, who were missing in action.”

Luxury goods sales to rise 7 pct per year (Reuters)
“Global sales of luxury goods should rise 7 percent a year through 2014, buoyed by a still-growing Chinese market and barring any major economic crises, Boston Consulting Group forecast on Tuesday.”

H&M on quest for growth with new fashion chains (Reuters)
“Hennes & Mauritz, which pioneered global expansion in fashion retailing, now finds itself tailing Zara owner Inditex not just in size but in strategy as it trials separate fashion chains to attract new customers.”

To Pay or Not to Pay: A Closer Look at the Business of Blogging (WWD)
“The love affair between bloggers and fashion brands and retailers is entering its next phase. And like in many relationships, money is a big part of the question.”

Diana Vreeland: A sacred monster (Independent)
“Vreeland (1903-1989) was one of the sacred monsters of the fashion world: a magazine editor who used to browbeat her photographers and models; who never deferred to her publishers or advertisers and who approached each new issue of her magazines with a messianic zeal.”