Daily Digest

9 May, 2013

Ottavio Missoni | 1921-2013

Missoni S/S 2010 campaign with Ottavio, Rosita and Margherita Missoni, shot by Juergen Teller | Source: Missoni

“Ottavio Missoni, the founder of the Italian luxury fashion house that carries his name, died this morning at his family home near Varese, Italy, the company announced in an official e-mail statement. He was 92 years old.”

Suzy Menkes Sounds Off on the Met Gala, Fashion’s “Circus” of Bloggers

Suzy Menkes | Source: Telegraph

“As part of her ‘Fashion Icons’ discussion series, Fern Mallis has already gone tête-à-tête with big fashion names like Calvin Klein, Diane von Furstenberg, and Michael Kors, but last night at the 92nd Street Y, the former executive director of the Council of Fashion Designers of America switched gears and put a journalist in the hot seat.”

Why Have Flagship Stores in China when Online Sales are Soaring?

Burberry Beijing flagship store | Source: Maosuit

“Online retail sales in China increased 55 percent to RMB 194 billion ($31.5 million) in 2012 and are expected to grow 37 percent to RMB 265 billion ($42.7 million) in 2013, according to Nasdaq. How do we account for the burgeoning of expensive flagship stores in this shifting marketplace?”

Gucci Loses Latest Guess Battle

Gucci bag | Source: l2thinktank

“In May 2012, Guess was ordered to pay Gucci $4.7 million (£3 million) in damages after a Manhattan court ruled that it had copied a number of the storied label’s trademark design features. However, it has now won the second round of court wrangling, this time in Italy – the birth country of both brands.”

Does the American Shopping Mall Have a Second Life?

Amazon fulfillment center | Source: Nooga.com

“Blame the recession, Amazon and unimaginative retailers. Offline stores are scrambling for “progressively smaller pieces of the retail pie as e-commerce relentlessly gains share in many categories,” says Jeff Jordan, general partner at venture capital firm Andreessen Horowitz. Circuit City, Borders, CompUSA, Tower Records and Blockbuster all folded their tents, and many others are showing signs of serious economic distress, he points out.”

Some Retailers Say More About Their Clothing’s Origins

Everlane by Michal Czerwonka | Source: The New York Times

“The revolution that has swept the food industry is expanding to retail: origins matter. With fair-trade coffee and organic fruit now standard on grocery shelves, consumers concerned with working conditions, environmental issues and outsourcing are increasingly demanding similar accountability for their T-shirts.”