Tight belts in Italy, Cyber Monday, Mulberry strategy, Moncler image, Acclaimed Erdem

Versace Autumn/Winter 2012 | Source: Hypebeast

Tight belts take edge off Italian luxury (FT)
“Italians have long balked at paying full price for the luxury goods they consider to be their birthright. But as austerity measures hit hard in the home of Prada, Versace and Armani, the quest for bargains and invitations to warehouse sales with rock-bottom prices has reached a new level of frenzy.”

Online shoppers ready for busiest day (FT)
“Online retailers are braced for their busiest day of the year as consumers take part in the annual pre-Christmas shopping spree dubbed Cyber Monday. Recent years have seen online shopping figures consistently peaking on the first Monday in December, probably explained by most UK consumers having just received their last pay cheque before Christmas.”

Mulberry fights back with expansion strategy (Independent)
“The luxury handbag brand Mulberry has scrapped plans for new outlet shops to focus on opening full-price only stores as it moves even further upmarket.”

Aprés Ski (WSJ)
“To a generation of Europeans, Moncler was known as the premier maker of winter-weather performance jackets…But this October in Paris, on a gray day during fashion week, a newly reimagined Moncler sent white-mesh hot pants and chiffon cocktail dresses down the runway as buff male models in tiny briefs clustered around a fake pool, performing calisthenics.”

An Intellectual Fashion | Erdem (AnOther)
“Erdem is one of the most acclaimed figures in young contemporary fashion design. Born in Montreal of Turkish and English roots, he studied in Toronto before earning a MA at the Royal College of Art.”