Battle of the catwalks as Milan clashes fashion week with London (Telegraph)
“Milan has announced that its fashion week next September will overlap those of New York and London, meaning that if no solution can be found, department store buyers and fashion magazine editors would be forced to choose one city over another.”
Burberry slumps on fears of end to Asian boom (Guardian)
"Shares in the British superbrand Burberry took a fresh pummelling as investors worried that the sun was setting on the luxury goods sales boom in Asia. Nearly £2bn has been wiped off Burberry's market value in the past three months on fears that the Chinese economy has started to splutter."
Stella McCartney Keeps It in Perspective (NY Times)
"Ms. McCartney also does not have that designer problem of reducing a woman’s life to one or two moments: work, a fancy party. She also makes outfits that strongly hint of home, like a piped pajama shirt worn with a matching foulard-dot pantsuit, or a loose sweater or easy all-in-one to wear to a casual dinner. And they are done with a slightly wacky sense of humor that one assumes reflects her own life and those of the people on her staff."
H&M Targets Expansion in Asia (Bloomberg)
"Hennes & Mauritz, Europe’s second- largest clothing retailer, plans to step up the expansion of its new brands in Asia, anticipating that Chinese consumers will favor more-expensive labels such as Monki and COS... H&M is adding stores in China more rapidly than anywhere else, turning to the world’s fastest-growing major economy to help reverse falling profit."
Christian Louboutin retrospective to open in London (Telegraph)
"Launching at the end of March 2012, London's Design Museum will host an exhibition detailing the story of the shoe designer's rise to the top of the glamorous footwear game, from his launch in 1991 to the present day, when he dresses the feet of everyone from Victoria Beckham to Lady Gaga."