http://www.businessoffashion.com The Business of Fashion is the daily must-read for fashion creatives, business professionals and entrepreneurs in more than 150 countries around the world. Fri, 19 Mar 2010 11:18:08 +0000 http://backend.userland.com/rss092 en [caption id="attachment_11020" align="alignnone" width="500" caption="Giambattista Valli Autumn/Winter 2010 | Source: Style.com"][/caption] Inside a Jet-Set Designer's Atelier (WSJ) "Mr. Valli has become a go-to designer for the rich and royal. Producing confections of silk satin, cashmere and tulle that have been compared to Rolls-Royce sedans and have prices to match, he has dressed ... http://www.businessoffashion.com/2010/03/bof-daily-digest-valli-courts-royals-benetton-ceo-to-step-down-ralph%e2%80%99s-online-show-brazil%e2%80%99s-emerging-luxe-cfda-nominees-announced.html [caption id="attachment_11010" align="alignnone" width="500" caption="Zara Spring/Summer 2010 | Source: Zara"][/caption] Inditex profit climbs 17 percent as sales jump at start of fiscal year (Market Watch) "Inditex posted a 17% rise in fourth-quarter profit on a 13% rise in revenue as the Spanish retailer saw strong growth in international markets and opened its ... http://www.businessoffashion.com/2010/03/bof-daily-digest-inditex-earnings-climb-17-guess-q4-profit-leaps-lagerfeld-for-hogan-retail-lessons-all-you-need-is-luxe.html [caption id="attachment_10956" align="alignnone" width="500" caption="Tommy Hilfiger Spring/Summer 2010 | Source: Tommy Hilfiger"][/caption] A big takeover brings cheer to gloomy fashion retailing (Economist) "PVH’s acquisition of Tommy Hilfiger has aroused widespread interest, because it is a sign of life in an ailing industry. Analysts are predicting that more deals will follow this year. ... http://www.businessoffashion.com/2010/03/bof-daily-digest-acquisition-frenzy-bulgari-posts-loss-moodys-upgrades-saks-liberty-agrees-flagship-sale-russian-luxury-declines.html [caption id="attachment_10919" align="alignnone" width="500" caption="French Connection Spring/Summer 2010 Ads | Source: French Connection"][/caption] For French Connection, a U-Turn, Nicole Farhi Brand Sold (WSJ) "The British French Connection, known for its sassy and borderline-profane marketing, plans to close most of its U.S. stores and sell its Nicole Farhi brand, serving up a cautionary ... http://www.businessoffashion.com/2010/03/bof-daily-digest-french-connection-sells-nicole-farhi-hof-to-expand-mcm-makeover-galliano-on-the-fringe-brand-recognition.html [caption id="attachment_10903" align="alignnone" width="500" caption="Net-a-Porter features Utility Chic | Source: Net-a-Porter"][/caption] Net-a-Porter is being acquired for up to £350m by Richemont (Telegraph) "The deal, expected to be completed this week, will see founder Natalie Massenet, a former fashion journalist, become at least £50m richer as Richemont acquires the remaining 70pc of the ... http://www.businessoffashion.com/2010/03/bof-daily-digest-richemont-to-buy-net-a-porter-pvh-acquires-hilfiger-prada%e2%80%99s-maltreatment-liberty-bid-geny-luxe-life.html [caption id="attachment_10857" align="alignnone" width="500" caption="Roger Vivier Miss Viv | Source: Holt Renfrew"][/caption] What The Rich Are Buying Now (Forbes) "While most consumers aren't returning to their pre-recession shopping patterns, there has been a rebound in luxury spending lately. Ultra affluent shoppers ... have started to come out of hiding" Miuccia and Me (WSJ) "Bertelli, ... http://www.businessoffashion.com/2010/03/bof-daily-digest-luxury-spending-rebounds-mr-miuccia-della-valle-ups-saks-stake-tokyo-sets-sights-on-new-gen-return-of-the-it-bag.html [caption id="attachment_10829" align="alignnone" width="500" caption="Olivier Zahm by Terry Richardson | Source: purple DIARY"][/caption] The Future Of Fashion: Olivier Zahm (Style.com) "The French editor and founder of the twice-yearly independent publication Purple Fashion has many other passions... but in an increasingly conformist world, Zahm offers an original, entertaining, and astute voice." Abercrombie Will Keep ... http://www.businessoffashion.com/2010/03/bof-daily-digest-oliviers-originality-abercrombie-keeps-discounting-burberry-sues-tjx-celines-clean-slate-vuitton%e2%80%99s-decollete.html [caption id="attachment_10807" align="alignnone" width="500" caption="Alexander McQueen Autumn/Winter 2010 | Source: Style.com"][/caption] A light in the darkness (Style.com) "In Alexander McQueen's final collection, medieval influences transformed into calm, poetic beauty." Phillips-Van Heusen May Gain From Buying Hilfiger (Bloomberg) "Phillips-Van Heusen would gain extra profit within a year of a reported potential acquisition of Tommy Hilfiger ... http://www.businessoffashion.com/2010/03/bof-daily-digest-mcqueen%e2%80%99s-guiding-light-pvhs-hilfiger-upside-neiman-ekes-out-profit-online-ad-spend-overtakes-print-fantasy-furs.html [caption id="attachment_10765" align="alignnone" width="500" caption="Hublot Platinum Watch Detail | Source: Hublot"][/caption] LVMH Must Watch It (WSJ) "LVMH should do more to fill out its lack of presence in the ‘hard’ luxury segments of jewelry and high-end watches. High operating leverage at jewelers and watch makers, especially smaller outfits, has left them economically ... http://www.businessoffashion.com/2010/03/bof-daily-digest-lvmh-on-the-watch-vallis-production-affluent-friends-mccartney%e2%80%99s-minimalism-paris-focuses-on-daywear.html [caption id="attachment_10746" align="alignnone" width="500" caption="Kristen McMenamy at Viktor&Rolf Autumn/Winter 2010 | Source: Style.com"][/caption] Gender assumptions reconsidered (FT) "Monday is International Women’s Day – fancy that. For once, in spite of its seasonal discontinuity, fashion and the outside world are on the same page. They are both thinking about women. Theoretically, at least." US ... http://www.businessoffashion.com/2010/03/bof-daily-digest-gender-re-boot-in-paris-online-luxury-jumps-community-building-discreet-luxury-oscars-texture.html