Shanghai express, Calm after storm, Kors strengthens, Italy’s shoemakers, Parsons in Paris

Gucci Autumn/Winter 2012 | Source: Gucci

Frida Giannini: Gucci’s Shanghai express (Telegraph)
“Gucci’s first two shops on the Chinese mainland opened in Beijing and Shanghai in 1997, three years after Tom Ford started to transform the brand. Today there are 53 stores across 33 cities, and counting. So it is not surprising that Giannini has decided to spend some time getting to know Shanghai before continuing on to Seoul in South Korea for a store opening there.”

Zegna, Estee Lauder see calm markets after stormy 2013 (Reuters)
“Upmarket menswear maker Ermenegildo Zegna and U.S. cosmetics group Estee Lauder expect the luxury goods sector to regain vigor after another difficult year in Europe in 2013.”

Kors expects more profits, sees demand strengthen (Reuters)
“Fashion company Michael Kors Holdings Ltd’s second- quarter income more than tripled and the company raised its full-year profit view as it benefited from strong demand at home as well as in European markets.”

Economic troubles challenge Italian shoemakers (Reuters)
“Facing economic turmoil in Europe and a slowdown in China, Italian luxury shoemakers Tod’s and Salvatore Ferragamo are reaching out to wealthy tourists travelling the world to reduce their exposure to a weaker home market.”

Parsons heads to Paris (Telegraph)
“It’s bred some of the world’s greatest designers – Alexander Wang, Marc Jacobs and Tom Ford are just a few of its famous alumni – and now Parsons, New York’s renowned art and design college, is hoping to nurture some of Europe’s future fashion talents with a foothold in Paris.”