Daily Digest

22 February, 2013

Mencyclopaedia: Brunello Cucinelli

Brunello Cucinelli by Sante Castignani | Source: WSJ

“Cucinelli the man is far louder than his clothes – but not in quite the usual Italian fashion baron manner. Last year, following an IPO of 30 per cent of his business on the Italian stock market that was 17 times oversubscribed and raised 158 million euros, Cucinelli told reporters: ‘This listing shows that romanticism and enlightenment are compatible with a humanist form of capitalism.’”

For Michael Kors Insiders, Cashing Out Is Very Much in Fashion

Michael Kors Spring/Summer 2013 campaign | Source: Michael Kors

“Since the initial public offering of Michael Kors Holdings in December 2011, Mr. Kors has sold about $700 million worth of the company’s stock. His latest sale, of  about three million shares, or $180 million, came on Thursday as part of a large offering by Michael Kors insiders.”

A Front-Row Seat via Video

Belstaff Spring/Summer 2013 campaign | Source: Belstaff

“Fashion Week, which wrapped up last week in New York and moved on to London and to Milan this week, used to be an insular industry event. Buyers and editors attended and made calls as to what their customers would want months from now. But that has changed. Fashion houses in recent years started to sidestep the middleman by giving the public a front-row seat via webcam video.”