China online, Yoox sales rise, RL’s momentum, Kenneth Cole returns, Dannijo sells socially

Shangpin screen shot | Source: Red Luxury

Shangpin screen shot | Source: Red Luxury

Why China’s Fashionista Websites Aim High (And Low) (Forbes)
“Online shopping offers a platform for new fashion brands to enter China, without the expense and risk of opening physical stores. Even deep-pocketed fashion houses face a challenge in planting a flag in China’s frothy real estate market. ‘All the good locations have been taken by the big brands,’ says Angelica Cheung, editor of Vogue China , which has a partnership to promote local designers on Yoox.com’s Chinese website.”

Italy’s Yoox posts 29 pct rise in 2012 sales (Reuters)
“Italian online fashion retailer Yoox said on Wednesday its net revenues rose 29 percent in 2012 to 376 million euros ($509.03 million), boosted by a strong performance in its key US market.”

Ralph Lauren sees sales gaining next year, shares soar (Reuters)
“Both Ralph Lauren Corp’s holiday quarter results on Wednesday and its early sales forecast for next year pointed to renewed momentum for the fashion company after a rough patch in 2012, sending shares to their highest levels since May.”

Kenneth Cole returns to fashion week on his terms (AP)
“Cole returns to New York Fashion Week on Thursday after a seven-year hiatus, seemingly putting his hand on everything before the runway lights go up: the clothes, the shoes, the handbags, the hashtags. He bought his company back from investors last year, and it’s once again privately owned with Cole fully in charge.”

Selling Jewelry and a Lifestyle, a Snapshot at a Time (NY Times)
“Using Instagram and Twitter, the sisters have become editors of a cool-kid style (documenting their way through Paris Fashion Week, South by Southwest, Coachella, St. Bart’s and Montauk) with models, actresses and blogger friends in tow.”