Fashion tests Amazon mantra of low prices (FT)
"Amazon’s well-drilled executives can usually be relied on to repeat the company’s mantra of eliminating costs and waste to offer consumers lower prices. Cathy Beaudoin gets to be different... So instead, in a striking departure from Amazon’s usual talking points, she says: 'Price is not really a differentiation for us ... We maintain the pricing integrity that our brands have established and we don’t break from that.'"
Havaianas Maker Buys 30% Stake In Brazilian Sportswear Label Osklen (Forbes)
"Undergoing negotiations since January to sell a majority stake in Osklen, the sought-after Brazilian maker of sportswear, Oskar Metsavaht, the label’s founder and creative director, has just reached an agreement with one of Brazil’s largest private conglomerates."
Burberry confirms revenue slowdown (Reuters)
"British fashion house Burberry , which warned on profit last month, confirmed retail sales growth slowed sharply in its second quarter as demand eased in the UK and China."
Uniqlo’s CEO on His Long, ‘Crazy’ Fight for the Future of Retail (Wired)
"Tadashi Yanai, CEO of the parent company of Japanese clothing juggernaut Uniqlo and the wealthiest person in Japan, found himself in San Francisco recently, opening his company’s first West Coast store and explaining how Silicon Valley had influenced his fast-growing company."
Credit Behind the Lens (NY Times)
"What Vogue is to young designers, W magazine wants to be to young photographers. In the November issue marking its 40th anniversary, W is introducing an annual feature called 'The Shot,' which seeks to identify and support the next generation of stars in fashion photography."