PPR to take 2-3 years to sell retail businesses (Reuters)
"PPR said it could take up to three years to sell its Fnac, Conforama and La Redoute retail businesses, which is part of its strategy to refocus on its luxury, lifestyle and sportswear activities."
Streaming is the new Blogging (Telegraph)
"Blogging? It’s so last week. Right now, 'live' streaming of catwalk shows is steaming! In fact, it’s getting so hot it’s raising the temperature in cyberspace and models are going to have to be called 'supernovas', there’s so many of them rattling around up there above the Earth."
Burani acknowledges resignation of chairman (Reuters)
"The chairman of Italy's Mariella Burani Fashion Group has resigned, the company said on Wednesday, as the fashion group seeks protection from its creditors."
The New Luxury (Brand Packaging)
"A clever story is not always enough for today’s consumers. Often, they’re most-concerned about a product’s environmental impact. Yes, high-end brands see the environment and social consciousness as purchase-drivers."