Fast retailing profit jumps, M&S plunges, Skinny jeans, Fashion darling, Uncomfortable truths

Uniqlo Spring/Summer 2013 Men's Lookbook | Source: Fashion Bears

Uniqlo-parent lifts forecast as Q1 profit jumps (Reuters) “Fast Retailing Co raised its annual profit forecast to a record after sales rose at home outlets of the Japanese retailer’s flagship Uniqlo casual clothing chain and price cuts and chilly autumn weather spurred a quarterly profit jump.” Marks & Spencer loses £270m stock market value (Guardian) “Almost £270m was wiped off the stock market value

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H&M’s new concept stores, Miss Wu, Happy returns, Gieves & Hawkes new hire, PPR and Kane rumours

Amancio Ortega | Source: Reporte Indigo

H&M to launch new concept stores in Spring (Reuters) “World number two fashion retailer Hennes & Mauritz will launch an eagerly-awaited new chain of stores targeting women shoppers in the Spring, it said on Wednesday.” Jason Wu’s New Contemporary Label Miss Wu Is Already a Hit (Daily Beast) “Miss Wu is a departure for the designer, now 30, who emigrated from Taiwan at age 9, launched his namesake label in

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For the boys, Missoni search continues, Design schools in Asia, Ford’s embrace, Lanphear’s new role

Topman Design, Lou Dalton, MAN Autumn/Winter 2013 | Source: Style.com

Let’s hear it for the boys, London (Independent) “With British menswear undergoing something of a renaissance of late – from street-smart casualwear by labels such as Oliver Spencer and YMC, which have risen through the ranks from boutique to brand, to more traditionally worked Savile Row tailoring from Hardy Amies and Spencer Hart – the industry decided to act.” Missoni Fashion House Seen Overcoming Heir

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Smart designs, Reclaiming distribution, Peacocks on parade, Missoni missing, David Bailey

Alexander McQueen Spring/Summer 2010 | Source: I'm Revolting

Smart designs (FT)  “Though at this time of year it can seem as if advances in “heat-sensing/retaining/wicking” are the breaking news of the fashion world – as an exhibition at the Museum at the Fashion Institute of Technology in New York illustrates – fashion and technology have, in fact, been intertwined for more than two centuries.” Luxury brands put own hands on deck (South China Morning Post) “Luxury brands are

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

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

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

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

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

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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