Lunch with Christopher Bailey (FT)
"Bailey is so famous for his un-diva-ness that it risks overshadowing his fame as the designer responsible for the anointment of Burberry as Britain’s greatest global brand. Since Bailey’s arrival in 2001 as creative director, Burberry has almost doubled its revenues, from £1bn to £1.85bn, and now has 462 stores around the world."
Swatch buys Harry Winston jewelery arm for $750 million (Reuters)
"Jeweler Harry Winston is selling its high-end watches-to-necklaces division to Swatch, in a $750 million cash deal that expands the Swiss watchmaker's luxury offering and lets the Canadian group concentrate on its diamond mines."
A Generation Gap? Not on This Web Site (NY Times)
"To Halsey Schroeder, a 28-year-old Harvard Business School graduate, this was an opportunity to create a Web site for women over 40 who want to be 'chic but not intimidating,' as she put it. So last September, Ms. Schroeder started Halsbrook.com, selling outfits that include dresses, scarves, bags and jewelry."
After Rocky Year for Start-Ups, Investors Are Pickier (NY Times)
"No longer favored are e-commerce start-ups, which face logistical hurdles and require a lot of money. The celebrated shift to smartphones, once welcomed with an outpouring of investments, is now making some investors nervous as monetization proves harder for mobile devices than it did for the Web."
Thomas Tait (Interview)
"Thomas Tait's architectural overcoats, tailored trousers, and geometrically layered looks don't exactly flaunt the feminine form. But the 25-year-old London-based wunderkind, who launched his own womenswear label in 2010, spends a lot of time thinking about women's bodies—and about how women think about their bodies."