Catering to the Valli Girls (NY Times)
"Mr. Valli has worn the strand of natural pearls, which he said he purchased from a maharajah in India, ever since Luigi Scialanga, who does the jewelry for his shows, told him that 'this is you, this is going to be your signature thing.' Mr. Valli is all about a signature."
Hermès hikes dividend as 2011 profit jumps (Reuters)
"France's Hermès affirmed its confidence in the global luxury goods market by hiking its dividend after tourist spending in Europe and buoyant demand in Asia and the Americas helped it post a forecast-beating jump in full-year profit."
Tiffany’s sales growth prospects sparkle (FT)
"Tiffany & Co, the luxury jewellery retailer, forecast strong growth in sales and profits in 2012 as it rebounded from a weaker-than-expected holiday season last year."
Fashion Start-up Takes Aim at $20 Billion Industry (Inc)
"Gilt Groupe may have redefined the discount shopping experience for shoppers seeking high-fashion labels such as Marni and Prada, but Olga Vidisheva, the 26-year-old founder of Shoptiques, thinks her start-up can disrupt the $20 billion boutique shopping industry."
The Eye of Beauty, Revisited (NY Times)
"Herb Ritts died nearly 10 years ago, at age 50. Since then the world that he dominated as a photographer — fashion, beauty, celebrity — has changed dramatically, leaving a stillness where his energetic ideas once existed."