Ethical fashion weaves in social media (CNN)
"With each piece of clothing there is a link called "This item's journey" that leads to pictures and profiles of the weaver who created the fabric and of the artisan who cut the material and created the design. Using the IOU Project's iPhone app, you can take a photo of the QR code to pull that story up again."
Luxury stores urge UK to issue more Chinese visas (CNN)
"Britain could give a boost to the luxury goods industry by relaxing visa restrictions for Chinese travellers, the bosses of high-end department stores Harrods and Harvey Nichols told Reuters.... Four years ago, China represented about a third of our American business, now it is four times our American business. "
Luxury executive switcheroos (FT)
"Mr Bouissou’s move to PPR comes as its chief François-Henri Pinault has switched to a hands-on role with the luxury section of the business... Boucheron, the only jewellery brand in the portfolio, has always seemed a bit of an anomaly in the Gucci Group stable, but joined by a few other, smaller gem names – well, suddenly it starts to look a lot more logical."
Why Saks Continues to be a Leader in Luxury Retail’s Recovery (Forbes)
"Look who’s leading a luxe charge in retail: Saks Inc. posted a soaring 51 percent gain in profits for its fiscal first quarter on... Despite the influence of consumer confidence, Saks’ sales gains of 8.8 percent to $726 million on a 10.2 percent rise in comps (comparable sales in stores open at least one year) were the result of savvy management decisions."
Yohji Yamamoto as Himself (WWD)
"As a buildup to his 10-year anniversary with Adidas, Yohji Yamamoto has stripped down the way he works in a new documentary. Compelling as it is to see how closely the designer examines the drape of his designs and how he crouches on the floor to review rows of models’ head shots, the film’s most poignant moments happen when Yamamoto simply stands in front of the camera, speaking about his life and ideology."