PPR on watch for luxury ‘reinforcements’ (FT) “PPR is considering using cash generated by the sale of its retail assets for more luxury ‘reinforcements’, says chief executive François-Henri Pinault. ‘We have been talking about investing in a new luxury name’ says Mr Pinault. If PPR were to launch a new house, it would mark the first start-up by a major group since, in its earlier incarnation as Gucci,
Instagram photos | Source: NY TimesOn Instagram, a Thriving Bazaar Taps a Big Market (NY Times) “Instagram, the picture-sharing application that Facebook bought earlier this year, has not yet figured out a way to make money. But some of its users have.” Hong Kong loses IPO crown (FT) “After three years of ruling the world, Hong Kong’s crown has undoubtedly slipped. This year the city fell to fourth place in the global rankings for initial public
Week in Review December 10-14Finding Your M.O. | Part 13: Planning Your Time (Education) “In 2000, I graduated from business school and joined McKinsey & Company as a generalist consultant. My very first project was an organisational design project for a multinational corporation and I was tasked with conducting an analysis of how the company’s CEO was allocating his time.” Colin’s Column | Fashion Tomes of the Times (Opinion) “The making
Barneys New York by Barbel Schmidt | Source: NY TimesWhat’s a Store For? (NY Times) “But Perry, no doubt out of devotion to his wife, Lisa, a fashion designer who made the suit in the same double knit she uses for her mod dresses, decided to wear it that night. And it was an evening of some importance, for the Perrys were off to a party at Barneys — their first since Richard bought the renowned specialty store.” China Luxury Buyers Getting More Impulsive (WSJ)
Narcisco Rodriguez and Robert Wichser by Ramsay de Give | Source: WSJThe Fixer in the House of Narciso (WSJ) “For women’s fashion designer Narciso Rodriguez, it has meant hiring left-brain fashion-industry veteran Robert J. Wichser in May. The label tapped him to be chief executive and resident ‘suit’ at the 15-year-old label. Mr. Wichser’s mission is to help the Narciso Rodriguez label regain the business mojo that has eluded it in recent years.” Square to
