H&M earnings drop, Made in Britain, Vente-Privée slows, Strike a Pose, Kirkwood wins

Daily Digest

H&M Spring/Summer 2013 Collection | Source: H&M

Expansion costs hit H&M earnings (Reuters) “Hennes & Mauritz, the world’s No.2 fashion retailer, posted an unexpected drop in quarterly earnings, hit by competition in tough European markets and the cost of its expansion drive to take on bigger rival Inditex.” British-made fashion is back in business (Guardian) “The unique selling point of these products is, of course, that they are Made in Britain,

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Berlin’s luxe address, Hong Kong retail, Sell outs, Fendi fountain restoration, Vogue Thailand

Daily Digest

Kaufhaus des Westens, Berlin | Source: Bloomberg

Berlin’s Ku’Damm in Style as West Draws Hip Shops (Business Week) “The decision by fashion brands such as Hermes and Louis Vuitton to focus on west Berlin has shifted attention away from Friedrichstrasse, the eastern strip that attracted most retail investment after the fall of the Berlin Wall in 1989.” Hong Kong retail: as the rich go to Paris, the rest go mid-market (FT) “The very wealthy Chinese appear to be

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Skipping NYFW, My Wardrobe seeks investment, Evolving menswear, Burda Media, Joan Burstein

Daily Digest

New York Fashion Week, Damrosch Park | Source: NY Times

Why Some Labels Will Sidestep Fashion Week (WSJ) “New York’s calendar has become noticeably more crowded as labels squeeze in with entrepreneurial zeal. While fashion shows used to be limited to high-style labels, midprice contemporary labels and menswear brands are now muscling into New York. One reason: No official body controls the calendar, unlike in Milan and Paris, where just a few dozen labels are invited to show

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Week in Review | Contemplating Paris Couture, Golden Lane, Online Vintage, Paris menswear moments

Daily Digest

Week in Review January 21-25

Colin’s Column | Is Haute Couture Poised for Reinvention or Irrelevance? (Opinion) “Couture! This magic word was all but forgotten 30-odd years ago, except in the most exalted and privileged of social circles. Since its high point in the late 1940s and 1950s, couture clients had shrivelled away just as the lifestyles the couturiers once clothed had withered as well.” Colin’s Column | Paris Couture Week,

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Belgian shield for LVMH, The Milan Plan, Mobile China, Benetton ads, Iris Van Herpen

Daily Digest

Bernard Arnault at Louis Vuitton | Source: FT

Arnault says Belgian move can shield LVMH (FT) “The head of LVMH has been accused by the media in his homeland of wanting Belgian nationality to escape President François Hollande’s higher French taxes but he has repeatedly insisted that he ‘is and will remain fiscally domiciled in France’.” The Milan Plan (China Daily) “The scene is familiar enough – an army of buyers, journalists, celebrities

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