Kors crushes earnings, Esprit plummets, Inditex defies crisis, Louboutin woes, Vogue Ukraine

Michael Kors Spring/Summer 2012 | Source: Lelima

Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on

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Ferragamo at the Louvre, D&G trial, Cos’ achievement, Margiela rumours, Ambassador Anna?

Salvatore Ferragamo Spring/Summer 2012 | Source: My Face Hunter

Ferragamo Takes Stage at the Louvre (IHT) “For the first time in its long history of grandeur, gore and artistry, the Louvre will host a catwalk fashion show on Tuesday. Designers have shown their wares in the museum courtyard with its glass pyramid, but this show from Salvatore Ferragamo will be inside the building, taking place on a 120-meter runway, about 400 feet, under the Denon wing’s colonnade.” Designers Dolce,

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Inside Meadham Kirchhoff, Concern in China, J.Crew in Asia, Pinterest preview, Mr Raeburn

Meadham Kirchhoff | Source: Streeters

Meet the duo behind London’s coolest label, Meadham Kirchhoff (Independent) “And then there’s Meadham Kirchhoff, consisting of the designers Edward Meadham and Benjamin Kirchhoff, whose clothes are as desirable as they are marginally deranged, whose hair and make-up is reminiscent of Leigh Bowery’s in his heyday and whose mise-en-scène has been known to transport the audience everywhere from a hyper-real flower

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Week in Review | Graphite’s social commerce model, Luxury Index slides in May, Ethical fashion, Moda money

The Week in Review June 4 - 8, 2012

Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)

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Mixed emotions at Prada, Lululemon stalls, Gilt doubles down, Pinault in conversation, Kors chat

Prada's flagship store in Milan | Source: LA Times

Prada frets about tourist stayaways (Reuters) “First-quarter profit doubled at the Milan-based maker of colored Miu Miu dresses, outpacing revenue growth, but the company is not immune from concerns about the euro zone, a sluggish U.S. recovery and a possible slowdown in Asia.” Lululemon CEO Eyes Holidays After Sales Miss (Bloomberg) “Chief Executive Officer Christine Day was unapologetic after projections for

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Cole to go private, Brooks Bros. India, Wang rebuttal, Ascendant Altuzarra, Didier Grumbach

Kenneth Cole Spring/Summer 2012 Campaign | Source: Kenneth Cole

Kenneth Cole to take company private (FT) “Fashion designer Kenneth Cole is taking the publicly traded company that bears his name private in a deal that values it at $279m… Mr Cole drew on a number of sources to finance the deal, according to people familiar with the company.” Brooks Brothers eyes Indian market (FT) “Brooks Brothers has formed a joint venture with Reliance Brands Limited, a part of Reliance

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Burberry tech team, Atwood acquired, Tourist shoppers, Facebook’s Open Graph, Xander Zhou

Burberry’s Angela Ahrendts: High tech’s fashion model (Fortune) “Ahrendts has been boldly reinventing Burberry’s image and operations since she arrived at the British company six years ago. Her moves have paid off handsomely: Annual sales of some $3 billion are more than double 2007 levels, and the stock has returned nearly 300% since Ahrendts’ arrival.” Jones Group tries on new shoes

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CFDA honours, Luxury rising, H&M diversifies, Blogging pros and cons, Sacred Vreeland

Ashely and Mary Kate Olsen at the 2012 CDFA Awards | Source: Styleite

Fashion Awards, on Speed Dial (NY Times) “The CFDA show, at Lincoln Center, may have been the fastest in memory, helped by the fact that John Waters, the director and writer, gave awards to both the actor Johnny Depp and Rei Kawakubo, the designer of Comme des Garcons, who were missing in action.” Luxury goods sales to rise 7 pct per year (Reuters) “Global sales of luxury goods should rise 7 percent a year through

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Tommy’s moment, Monetising mobile, Couture sensibility, Replica trade war, Louise Wilson

Tommy Hilfiger | Source: The Five

Tommy Hilfiger (WSJ) “With his boyish haircut and mischievous grin, it’s hard to believe that Tommy Hilfiger is about to receive the Geoffrey Beene lifetime achievement award from the Council of Fashion Designers of America.” Monetizing Mobile Requires More Than Just Waiting For Ad Dollars (Tech Crunch) “Mobile is exploding. Over 100 million people in the US have smartphones, consumers are spending over 60

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The Week in Review | Fashion’s new frontier, Hiut’s artisanal denim, CSM’s Drew Henry

The Week in Review, May 28 - June 1, 2012

Could Africa be the Next Frontier for Fashion Retail? (Global Briefing) “With large international fashion retailers like Mango, Zara, Levi’s and Gap already active in Africa, and ASOS offering free deliveries to the continent, perhaps it’s time to ask the question: could Africa be fashion’s next frontier?” Hiut Denim Unites Artisans with Technology (Intelligence) “In 2011, with the goal of bringing

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Arnault’s empire, Talbots buy-out, US retail sales up, Hong Kong slows, Kawakubo’s achievement

Bernard Arnault | Source: Courtesy Photo

The empire of desire (Economist) “Mr. Arnault is the chairman, chief executive and controlling shareholder of Moët Hennessy Louis Vuitton (LVMH), the world’s largest luxury group. Over the past quarter-century he has transformed a small, nearly defunct clothing manufacturer into a conglomerate that controls more than 60 luxury brands.” Talbots Accepts Lower Sycamore Bid in $369 Million Takeover (Bloomberg)

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Surprise digital boost, Tourist conundrum, Simon Spurr’s exit, Designer power, Amanda Brooks

Net-a-Porter screen shot | Source: Net-a-Porter

Internet channel: Digital use may have boosted sales by surprising amounts (FT) “The luxury goods industry has a reputation for being timid about using the internet. However, a seminal report…finds that widespread use of the internet by browsing consumers, for example for research and price comparison, means that about 15 per cent – or €25bn – of total sales in the luxury goods industry are “directly generated” by

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Hermès names CEO, Neiman profits up, Consumer confidence sinks, Made in Britain, Dolce & Gabbana

Le Carré Hermès Spring/Summer 2012 Campaign | Source: Hermès

Hermès Family Back in Saddle (WSJ) “The founding family of French luxury-goods maker Hermès International Tuesday named a member of its sixth generation to become chief executive next year, cementing its grip as the threat lingers from larger rival LVMH Moët Hennessy Louis Vuitton.” Neiman Marcus 3Q profit rises 35 pct (Businessweek) “Upscale retailer Neiman Marcus Inc. said Tuesday its fiscal third-quarter profit

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