MAC’s crusade, Cucinelli IPO dampens profit, Tod’s profit up, Vionnet disruption, Singer out

Nicki Minaj & Ricky Martin Viva Glam | Source: MAC

How a cosmetics company built brand equity by taking on the fashion world’s biggest killer (Financial Post)
“Last year, Canadian-founded MAC Cosmetics raised $38-million through its MAC AIDS Fund to help combat the spread of AIDS. The success of the 18-year-old campaign predates the cause-marketing boom that has stormed the corporate world and yet continues to attract celebrity spokespeople.”

IPO Costs Dampen Profits at Brunello Cucinelli (WWD)
“Costs related to its initial public offering dented Brunello Cucinelli’s net profits, causing them to drop to 7.6 million euros, or $9.8 million, in the first half from 8.8 million euros, or $12.7 million, in the corresponding period last year.”

Tod’s Group half year results gross EUR 74.4m (Fashion United)
“Italian luxury house Tod’s, part of the Tod’s Group of brands, reported its half year income grossed EUR 74.4 million, an increase of 13.7 per cent compared to the same period last year.”

Vionnet Confirm Designers Have ‘Interrupted’ Their Collaboration (Grazia Daily)
“Barbara and Lucia Croce have, currently, interrupted their collaboration with Vionnet. The work on the current SS 2013 collection is being carried out by the in-house design team and we will be proud to present it on the 28th September in Paris.”

Sally Singer Out at T (WWD)
“Sally Singer’s relatively short stint as editor in chief of T: The New York Times Style Magazine will abruptly come to an end…  In a memo to the staff, Times executive editor Jill Abramson said: “I’m sorry to announce that Sally Singer will be leaving T magazine and the Times at the end of this month.”