Jil Sander Bathes in the Glow of Uniqlo (NY Times)
"This sensitive yet strong woman, trained as a textile expert, created a fashion house... and listed her company on the Frankfurt stock exchange... The fact that she walked out twice on Prada... is part of 21st-century fashion legend."
Taking the High Cost Out of Haute Couture (IHT)
"In the spirit of the Jil Sander/Uniqlo collaboration — but at a middle-market price point — Mr. Theyskens is taking to Main Street an aesthetic that has formerly been seen at the Paris houses Nina Ricci and Rochas."
Luxury brand diversification does have limits (Reuters)
"Diversification into new areas, which you do not really master, can be risky... But the luxury industry is full of examples of failed attempts to branch out."
Versace sees profit in 2011 after restructuring (Reuters)
"Versace is looking to return to profit in 2011, after restructuring and weak demand dragged down revenue in 2009... [The company] posted a consolidated operating loss of 49.6 million euros in 2009, compared with a loss of 400,000 euros a year earlier."
CFDA: Fashioning a National Identity (Style.com)
"The 28th annual CFDA Awards were back at Alice Tully Hall in Lincoln Center... for the second year in a row, and the stars came out to support the evening's nominees."