Bulgari’s billionaires, Web fashion foray, Top of the world, Fashion over art, Inside Brioni

Daily Digest

[caption id="attachment_40456" align="alignnone" width="500" caption="Nicola and Paolo Bulgari | Source: Forbes/Getty Images"][/caption] Bulgari Brothers, Jewelers To The Stars, Are Billionaires Thanks To Tiny LVMH Stake (Forbes) "In 2011, however, French luxury empire Moët Hennessy Louis Vuitton (LVMH) acquired Bulgari in an all-share deal, handing over 3.6% of the conglomerate to the family. Last year, as LVMH’s stock rose, the Bulgaris and nephew Trapani sold a tiny sliver of their stake, reportedly to take care of taxes and other expenses." Amid U.K. Retailer Woes, a Web Fashion Foray (BusinessWeek) "As more British retailers succumb to competition from the Internet, a venture capital firm is underscoring the shift with its first investment in a fashion seller to develop its online business." On Top of the…

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Italy’s British outpost, Beautiful youth, Changes at Lucky, Luxury’s big secret, Model lawsuit

Daily Digest

Dsquared Autumn/Winter 2013 | Source: NOWFASHION

In Italy, a British Outpost (NY Times) “In other words, Burberry, Dsquared, Cavalli and Gucci are not names you will often read in the same sentence. Yet a pronounced Englishness ran through the collections from each of those houses, making Milan feel temporarily like an extension of the Tuscan region called Chiantishire.” Youth Is Beautiful (IHT) “The passing of the flame from a much older 70-something generation

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In-store tech, Italy’s bad boys, Wholesale drop at Burberry, Mandarin benefits, The Russian pack

Daily Digest

[caption id="attachment_40392" align="alignnone" width="500" caption="Victoria's Secret Bond Street store video wall | Source: AV Interactive"][/caption] Luxury retailers leading the way with in-store technology (Guardian) "London's famous shopping streets have become a hub for retailers that are transforming the way they engage with consumers, and these stores are some of the most cutting-edge in the world." Amid Tax Scandal, Italy's Bad Boys Of Fashion Dolce And Gabbana Become Billionaires (Forbes) "As Domenico Dolce and Stefano Gabbana ready their latest collections for this spring’s slew of international catwalk shows, their lawyers will be working behind the scenes to ensure two of Italy’s most successful designers won’t be spending the next few Fashion Weeks behind bars." Burberry warns of wholesale revenue drop (FT) "The credit…

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PPR invests in Christopher Kane, NAP sales up, Alpha male, Wearable technology, Role reversal

Daily Digest

Christopher Kane A/W 2013 | Photo: Morgan O'Donovan for the LFW Daily/BFC

PPR buys 51 per cent stake in Christopher Kane (Telegraph) “Following on from rumours which surfaced in November , the luxury conglomerate PPR has today confirmed that it has bought a 51 per cent stake in the business of London Fashion Week label Christopher Kane.” Net-A-Porter sees sales increase by 55 per cent (Telegraph) “Net-A-Porter, the online luxury fashion destination, experienced a 55 per cent rise in

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Lunch with Bailey, Swatch buys Harry Winston, Generation gap, Picky investors, Thomas Tait

Daily Digest

Christopher Bailey | Source: Rumi Foundation

Lunch with Christopher Bailey (FT) “Bailey is so famous for his un-diva-ness that it risks overshadowing his fame as the designer responsible for the anointment of Burberry as Britain’s greatest global brand. Since Bailey’s arrival in 2001 as creative director, Burberry has almost doubled its revenues, from £1bn to £1.85bn, and now has 462 stores around the world.” Swatch buys Harry Winston jewelery arm for $750 million

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