A Faster Trip From Runway to Shopping Cart (WSJ)
"Collections of dozens of high-end design houses in New York, London, Milan and Paris will be opened up to individual shoppers, who will be able to place orders on a site called Moda Operandi, or modaoperandi.com."
Chinese firms eye luxury's battered stars (Reuters)
"Luxury Western brands selling designer handbags and handmade suits to China's newly-rich, may find their local distributors want a bigger role or even ownership given the $10 billion market is booming."
PVH reports decline in 2Q net income, ups forecast (Bloomberg)
"PVH reported a drop in its third-quarter net income due largely to several one-time items. The company said Thursday that it earned $80.7 million, or $1.12 per share, for the quarter. That compares with $83.6 million, or $1.58 per share, in the same quarter last year."
The blurring of fashion and art (FT)
"Next weekend luminaries of the art and fashion worlds will be converging on Miami for the Art Basel Miami Beach art fair but they are not the only sign of the increasingly close relationships between the worlds of fashion and art."
Tod's CEO offers to fund Colosseum repair (Reuters)
"Italian luxury group Tod's is ready to provide 25 million euros to fund the restoration of Rome's Colosseum, chief executive Diego Della Valle said on Thursday, urging authorities to make a decision on the project soon."