Next steps at Balenciaga, Rugby no more, M&S profits fall, Amazon ups the ante, New male

Nicolas Ghesquière by Alessandro Garofalo | Source: Style.com

What Next For Balenciaga? (Vogue UK) “CEO Isabelle Guichot has confirmed that she has ‘a shortlist’ of potential candidates to succeed creative director Nicolas Ghesquière, following yesterday’s confirmation that he would be parting ways with the brand. The designer has acted at the helm of Balenciaga for 15 years.” Ralph Lauren kicks its ‘preppy look’ Rugby label into touch (Independent)

…Continue Reading

Enduring Moss, Balenciaga split, Investcorp acquires Georg Jensen, Wired exit, Art of Scent

Kate Moss by Mario Testino for Vogue October 2008 | Source: Susan Suell

The Garbo of Fashion (NY Times) “Ms. Moss’s bad-girl image has always been good for business, at least since the days of heroin chic and somebody-feed-her-a-cracker. Now, at 38 — an age when even the luckiest in her field have typically been tossed on the ice — Ms. Moss can boast of numerous advertising campaigns; more editorial work than any one glamour puss can reasonably handle.” Top Balenciaga Designer Is Leaving

…Continue Reading

Week in Review | Whistles CEO Talk, Mass Contemporary in China, Fashion-Tech startups, Closing boom

Week in Review October 29-2 November

Jane Shepherdson, Chief Executive Officer, Whistles (CEO Talk) “Perhaps it’s not surprising that, in her spare time, Jane Shepherdson does flying trapeze in Hoxton, smack in the heart of achingly hip East London. Right from her earliest days in the fashion industry, Shepherdson has been known for taking risks and having her finger on the pulse of what’s cool.” As Luxury Growth Slows in China, Attention Turns to Mass

…Continue Reading

Ebay’s luxury foray, UK textile boost, Coach wins counterfeit case, Art of individuality, Fashion florist

Xiu.com screen shot | Source: Xiu.com

Ebay makes renewed foray into China (FT) “Ebay is to make a renewed push into China via a partnership with xiu.com, a local online retailer of luxury goods. The US group plans to focus on importing high-end western goods at discount prices, taking advantage of a growing desire for such items in China, but without wading into the fierce competition of the domestic market.” Cable backs plan to boost textile industry (FT)

…Continue Reading

Mulberry’s future, J.C. Penney backtracks, The Nonconformist, Philosophy’s Ratabesi, Vogue salute

Mulberry Autumn/Winter 2012 | Source: Mulberry

Mulberry looks to have its future sewn up (FT) “Bruno Guillon says that what he likes best about British design is its ‘relaxed confidence’. In the coming months, the Mulberry chief executive will need plenty of that himself as the UK-based maker of upmarket handbags grapples with the effects on the fashion industry of global economic weakness.” J.C. Penney ‘Backtracking’ With Discounts, Deutsche Says

…Continue Reading

PVH buys Warnaco, China boost, Glorified showrooms, London Collections Men, Bloggers cash in

Tommy Hilfiger Autumn/Winter 2012 | Source: Tommy Hilfiger

PVH Consolidates Calvin Klein With $2.9 Billion Warnaco Buy (Bloomberg) “PVH the owner of the Tommy Hilfiger brand, agreed to buy Warnaco Group in a $2.9 billion transaction, creating a company with $8 billion in sales and bringing all Calvin Klein-branded apparel under one roof.” China Luxury Sales to Get Boost After Leadership Change (Bloomberg) “Luxury companies are betting that Chinese shoppers who are buying

…Continue Reading

Sandy’s price tag, SPFW kicks off, Being Jack Dorsey, The Fancy’s $26m round, Chinese talent

Jack Dorsey by Art Streiber | Source: Wired

Awaiting the Storm’s Price Tag (NY Times) “Even as businesses struggled on Monday to gauge and contain the damage from Hurricane Sandy’s slow move up the East Coast, economists played down the likely long-term effects. The recovery after the storm, they said, could actually pump up growth temporarily in a few sectors, like construction and retail sales, when cleanup begins in earnest in a few days.” Simplicity and Order

…Continue Reading

Mellon moves, Holt Renfrew’s new chain, Cowboy to couture, Wool at the top, Antoine Arnault

Tamara Mellon by Denny Chitis | Source: NY Times

Tamara Mellon’s Next Step (NY Times) “Last November, when Tamara Mellon suddenly left Jimmy Choo, the shoe company she helped build into a global juggernaut, taking with her a reported payout of roughly $135 million, she did so without much explanation. The only thing close to an official statement was a message, sent out to her roughly 12,000 followers on Twitter, thanking them for their support and signing off with,

…Continue Reading

Week in Review | Chanel CEO Talk, Spotlight on Jin Kay, Building the Team, 3D Printing, BoF’s Landmark Week

Week in Review October 22-26

CEO Talk | Bruno Pavlovsky, President of Fashion, Chanel (CEO Talk) “Of all the luxury fashion brands in the world, Chanel is perhaps the most famous, as well as the most secretive. I sat down with Bruno Pavlovsky who leads Chanel’s global fashion business to learn more about the workings of this most successful yet secretive of brands, how it maintains impeccable consistency across all of its activities, and why Chanel still

…Continue Reading

Savvy sisters, Menswear e-tailers, Gucci’s tough trading, Pitti picks, Miyake’s experiments

Ashley and Mary-Kate Olsen by Amy Troost | Source: WSJ Magazine

Sisters of the Divine (WSJ Magazine) “Watching Mary-Kate and Ashley Olsen pose for a photo shoot is like watching a hypnotic piece of performance art. Former child stars, extraordinarily savvy brand nurturers, founders and owners of an estimated $1.5 billion business empire and, now, designers of the critically acclaimed high-end fashion line The Row, the Olsens have spent the great majority of their 26 years either in front

…Continue Reading

Nike sells Umbro, Middle class wave, ASOS profits, Philosophy designer, Vogue documentary

Wang Leehom for Coach | Source: Coach

Nike sells Umbro brand to Iconix (FT) “Iconix Brand Group has agreed to buy Nike’s Umbro sports apparel and footwear unit for $225m in cash, marking the fashion brand’s second deal with the US sportswear group.” Accessible Luxury Brands Ride China’s Middle-Class Wave (Jing Daily) “As the battle rages on between high-end and high-street brands in mainland China and Hong Kong, one ongoing trend to watch is the

…Continue Reading

Uniqlo.com’s US launch, Coach rebounds, Puma profits slump, Pinault’s POV, Nicola Formichetti

Uniqlo.com screen shot | Source: Uniqlo.com

Uniqlo.com to the Rescue of Middle America (Business Week) “Uniqlo, the Japanese clothes giant, launched an online shopping site in the U.S. this week. This may not seem like important news to many, but to a certain American consumer—think very well-dressed, without much money, and living between the coasts—it is like a food drop from a Marshall Plan plane in 1940s Berlin.” Coach bags an earnings rebound (FT)

…Continue Reading