Germans skip luxury, Farhi’s new girl, B2B on the rise, CFDA finalists announced, Rome’s resurgence

Galeria Kaufhof Chemintz | Source: Derksen

Prada Skips German Department Stores Missing Luxury Boom (Bloomberg)
“In a land known for its thrifty citizens, German department stores are missing out on a shift to luxury. Spending at the outlets, which date back as far as the 19th century, has fallen 3.9 percent since 2009 as the richest shoppers have sought designer gear at single-label stores, driving luxury expenditure up by 16 percent to 12.9 billion euros last year.”

Farhi’s New Girl (Vogue UK)
“Joanna Sykes has been appointed creative director of Nicole Farhi. Formerly Aquascutum creative director, Sykes left the label in early Juneafter it was placed into administration in April and sold in May.”

B2B Fashion Sites on the Rise (WWD)
“Designers, brands and retailers have used the Internet to deliver interactive commerce and editorialized experiences, as well as satiate a consumer desire for deeper brand engagement — but a select group is now creating more sophisticated experiences online for a B2B audience.”

Finalists for the 2012 CFDA/Vogue Fashion Fund Announced (Vogue.com)
“The CFDA/ Vogue Fashion Fund initiative was established in 2003 to help emerging American designers find success through financial support and guidance from an industry icon.”

Resurgence of Rome With Art and Craft (IHT)
“The resurgence of Rome comes from the idea that Milan, long the capital of Italian fashion, has an aging roster of mighty designers; and that the city’s industrialized fashion, while still a hub for international brands, lacks the emotional engagement of products crafted by human hands.”