Rebound in Hong Kong, Redcats sale near, Trussardi scion, Men’s market in China, RM Williams

| Daily Digest

Tory Burch | Source: Maria Shriver

Hong Kong Luxury Sales Rebound on Confidence in Mainland (Bloomberg) “Hong Kong’s luxury sales rebounded in a sign that confidence is returning to a Chinese economy that probably picked up pace in the final three months of last year after a seven-quarter slowdown.” PPR in Talks to Sell Redcats Unit to Alpha Fund for $156 Million (Bloomberg) “PPR SA owner of the Gucci brand, said it’s in talks to sell the

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GAP buys Intermix, Investing in luxury, Burch Lawsuit ends, MBAs in ecommerce, CFDA calling

| Daily Digest

Intermix store | Source: The Real Deal

Gap to Buy Luxury Retailer Intermix (WSJ) “Gap Inc. is buying women’s fashion boutique Intermix Inc. for $130 million, a deal that will give the mostly casual-clothes retailer an opening to the all-important luxury market.” Is it time to invest in a little luxury? (Telegraph) “Luxury goods companies were the height of investment fashion in the spring, as their profits soared on demand from brand-hungry

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Luxury lustre in 2013, Betsey’s back, Rad couture, V&A to celebrate clubwear, Dream memes

| Daily Digest

Christian Dior boutique on Avenue Montaigne, Paris | Source: Dior

Luxury goods firms lustre may fade, not vanish in 2013 (Reuters) “Luxury goods manufacturers won’t retain the immunity from tough global economic conditions they’ve enjoyed for the past two years in 2013, but they’ll still grow and hang on to their decent credit metrics, said Standard & Poor’s Ratings Services today.” Betsey Johnson, Back in the Pink (NY Times) “Despite repeated

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Rosso invests in Marni, Lafayette eyes Printemps, Flickr hopes, Suzanne Belperron, Casting agents

| Daily Digest

Renzo Rosso | Source: Interview

Diesel boss to take over Italy fashion house Marni (Reuters) “Diesel jeans brand founder Renzo Rosso is poised to take over Italy’s Marni to relaunch the bohemian-chic fashion house on foreign markets, the company said. The all-Italian acquisition is a rare case in a luxury industry where most deals are made in France and Asia, and confirms Rosso as a dynamic fashion entrepreneur in Italy.” Galeries Lafayette To

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Vuitton CEO surprise, Web only no more, Instagram outrage, Vice buys i-D, Posen on Project Runway

| Daily Digest

Louis Vuitton Autumn/Winter 2012 | Source: Louis Vuitton

LVMH says Louis Vuitton CEO quits over ill health (Reuters) “Louis Vuitton’s new chief executive has quit suddenly from the helm of luxury group LVMH’s top brand because of health reasons, LVMH said on Tuesday. The world’s largest luxury company said Jordi Constans would be replaced by Michael Burke, chief executive since February of Bulgari, the Italian jeweller that LVMH added to its stable last

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