Italy Today: Creative Flow vs. Cash Flow (IHT)
"The big labels packed up their logo luggage and sprinted for Asia a while ago now, relying on a more robust market to support a frenzy of new store openings and to buoy their balance sheets. That leaves the little guys — small, young, independent Italian fashion brands with no mono-brand stores of their own — to struggle along."
Sexy and practical: can Gucci revive fashion's fortunes? (Independent)
"In the wake of poor results across the sector and a forecast 5.6 per cent drop in revenues among the high-end Italian labels, creative director Frida Giannini will be hoping her spring 2013 offering will appeal especially to wealthy clients across the Far East and in developing markets such as India."
Tom Ford: Sporty but in a Sexy Way (IHT)
"'It’s louche sporty — more than athletic sport,' Tom Ford said in describing his summer 2013 collection — although mannequins stretched suggestively across couch and floor in his showroom proved that the designer has not entirely left behind his signature playful sexiness."
The internet has created a new industrial revolution (The Guardian)
"The past 10 years have been about discovering new ways to work together and offer services on the web. The next 10 years will, I believe, be about applying those lessons to the real world. It means that the future doesn't just belong to internet businesses founded on virtual principles. but to ones that are firmly rooted in the physical world."