Chanel Rises Above Its Excess (NY Times)
"Three great couture houses showed their 21st-century visions in the closing days of the Paris summer 2013 collections. Yet it was not the much-anticipated Saint Laurent show that won the regeneration game, nor even the recurrent inventions at Chanel. Valentino, in a graceful, calm and beautifully crafted show on Tuesday, hit the sweet spot between heritage and contemporary."
Luxury stocks out of fashion as China loses steam (Reuters)
"European luxury stocks, once a must-have for portfolio managers seeking to avoid the European economic doldrums and get exposure to surging China sales, are falling out of favour, hit by concerns about slowing growth there."
Valentino enters new growth phase under Qatari ownership (Reuters)
"Valentino, the Italian fashion brand recently snapped up by Qatar's royal family, continues to enjoy strong demand and plans a new global expansion phase, with flagship store openings in the works."
Custo Brasil takes it toll on textiles (FT)
"Now home to one of one of the world’s most appetising, and fastest-growing, consumer markets, Brazil has become a difficult place to produce in. The economic boom of the last decade has made staying in the country more expensive for textile groups compared with places like China, leading Abit to turn on all of its pressure points to get the government to step in and slow the bleed."
Sites That Pay the Shopper for Being a Seller (NY Times)
"Favorable mentions on blogs have been for sale for years. Product reviews can also be bought. Now social media sites are taking citizen marketing to a new extreme, turning anyone’s Twitter message, Facebook post, Pinterest image or e-mail into a possible paid promotion."