Cautionary tales, Kids’ wear in China, Abercrombie profits drop, Valentino exhibition, Liz Goldwyn

Kari Sigerson and Miranda Morrison | Source: Malibu Mag

A Hard Spill in Designer Shoes (NY Times)
“Kari Sigerson and Miranda Morrison couldn’t take a wrong step in their climb from Fashion Institute of Technology students to fashion-world darlings… Just over a year ago, she and Ms. Morrison were fired from the company they had created, and now they find themselves watching from the sidelines as the retooled brand is presented at this week’s New York Shoe Expo without them.”

Putting youngsters in the fashion frame (China Daily)
“Bonpoint’s CEO seeks to dress China’s single children in high end designer clothes… In China, a market the brand entered a mere six years ago, Vallat believes the key togrowth is not serving a Suri, but dressing millions of Suris from middle-class families, the most powerful customers in the Chinese luxury market.”

Abercrombie sees profit below forecasts, shares drop (Reuters)
“Teen clothing retailer Abercrombie & Fitch Co estimated quarterly profit at about half what analysts expected after sales in stores open at least a year fell 10 percent… The company, which also said it planned to cut back on store openings, estimated earnings of 15 cents to 18 cents a share for the second quarter.”

Valentino Exhibition (Vogue UK)
“A new Valentino exhibition will open at Somerset House this November. Entitled, Valentino: Master of Couture, the installation will focus exclusively on the Italian designer’s haute couture designs.”

An Intellectual Fashion | Liz Goldwyn (AnOther)
“Liz Goldwyn’s passion for clothing was exposed as early as in her late teens, when she participated in the foundation of the fashion department at Sotheby’s New York… At the same time, she started working for magazines, having a column for the Japanese magazine Hanatsubaki, before being appointed New York editor of French Vogue, and then writing for numerous publications.”