Fashion week in São Paulo, Joe Fresh at J.C. Penney, Flashy deals, Gucci’s win, PPR star

Reinaldo Lourenco June 2012 | Source: The Seattle Times

São Paulo Fashion Week: One of the biggest fashion weeks in the world (Exec)
“For many years, quality fashion in Brazil came from the European market. Brazilian magazines used to make​​their fashion editorials based on the international aesthetic. The designers of the time were required to follow trends dictated by the international textile industry. However, there was a need to explore the fashionable Brazilian cultural universe of its own.”

Loblaw’s Joe Fresh hooks up with J.C. Penney (The Globe and Mail)
“In a risky move, the grocer’s apparel line is opening about 700 shops within the U.S. department-store retailer Grocer Loblaw Cos. Ltd. is making a big retail bet in the United States with its Joe Fresh fashion line, amid slowing spring sales of its cheap-chic offerings in a sluggish Canadian apparel market.”

Selling More Than a Flashy Deal (NY Times)
“ Over the last five years, the flash-sales industry has had average revenue growth of almost 50 percent a year, according to the research firm IBISWorld, which expects the number of flash-sale sites to reach about 150 by 2017, up from about 90 today.”

Gucci win trademark case against Guccio Gucci (Telegraph)
“The judge ruled that the use of the name ‘Guccio Gucci’ ‘determined an unfair association’ between ToBeG’s products and Gucci’s trademarks, and said that its behaviour ‘constitutes an act of unfair competition to Gucci’s detriment.’”

PPR Finds Bolt No Match For Champagne In Race With LVMH (Bloomberg)
“As chief executive officer of PPR — the French company that owns shoemaker Puma – Pinault has a lot riding on Bolt, one of the few star athletes to wear the footwear brand. If Bolt fails to retain his 100-meter title in London, ‘it would be a real blow for Puma,’ said Thomas Mesmin, an analyst with brokerage CA Cheuvreux in Paris.”