Carine Roitfeld Resigns from French Vogue (Vogue.co.uk)
"French Vogue editor Carine Roitfeld has resigned after ten years of service. She will leave the magazine at the end of January. Roitfeld has decided to concentrate on personal projects."
Bonobos, a Web Retailer, Raises $18.5 Million (NY Times)
"On Thursday morning, Bonobos announced it had raised $18.5 million in a financing round, led by the venture capital firms Lightspeed Venture Partners and Accel Partners. Bonobos has 25 employees and a full menu of menswear, including fitted oxford dress shirts, wool cashmere suits and boat shoes."
Luxury spending higher than pre-recession levels (Luxury Daily)
"Luxury retail spending has eclipsed pre-recession levels as affluent consumers continue to regain confidence, according to a study from American Express Business Insights."
Stella McCartney launches iPad app (New Media Age)
"The free app, available from the Apple App Store today, features latest news on the brand, latest collections and video interviews. "
A Few Boring Ways to Spend $300,000 (NY Times)
"Pocketing $300,000 from the CFDA/Vogue Fund in mid-November, Billy Reid did not consider (a) having a Paris runway show; (b) spitting out some dresses for the Oscars; or (3) inviting his friends over for beer and shrimp."