Daily Digest

25 September, 2013

Moncler Eyes Second Attempt to Wrap Up IPO

Moncler Spring/Summer 2014 | Photo: Sonny Vandevelde

“Moncler, the purveyor of €1,000 down jackets, has a stock market listing in its sights. Remo Ruffini, chairman and creative director of Moncler, said in an interview with the Financial Times that he and the brand’s private equity backers were looking at a winter listing of the Franco-Italian brand in Milan.”

Jay-Z Creates a New York Holiday with Barneys

Hip-hop artist Jay Z | Source: AP

“Multi-millionaire rapper Jay-Z is getting in the festive spirit, but there’s no tinsel and fairy lights involved. Instead, he’s collaborating with the world’s most desirable fashion brands, from Balenciaga to Moncler, and Lanvin to Proenza Schouler. Jay-Z, real name Shawn Carter (and Beyoncé’s husband, let’s not forget), is teaming up with department store Barneys to curate its Christmas offerings.”

Qatar’s Nascent Fashion Industry Finds Ally in Sheikha Moza

Sheikha Moza | Source: Wikimedia

“Sheikha Moza bint Nasser al-Missned, the mother of the new Qatari emir, Sheikh Tamim, is renowned for her ability to merge the conservative social mores of Qatar with her acute eye for fashion when it comes to both her personal and investment style. It is a talent that is changing her country’s relationship with the luxury industry.”

In Beirut, Where Fashion Lives Dangerously

Lebanese designer Krikor Jabotian | Source: nytimes.com

“Beirut traditionally has been described as the Middle East’s most fashionable city — but in recent decades the country has been better known for conflict than couture, especially today with the civil war in Syria. So what is the point of fashion in Beirut now? And what impact does conflict and always “expecting the unexpected” have on designers and their clientele?”

Apparel Holding Files for IPO of Up to $200 Million

Vince Campaign | Source: Vince

“Apparel Holding Corp. on Tuesday filed for an initial public offering of up to $200 million as the fashion-brand designer and manufacturer looks to pay down debt and fund expansion. The company, which will change its name to Vince Holding Corp. prior to the closing of the offering, intends to use the proceeds for general corporate purposes, such as funding new store openings, and to pay down debt.”

J.W. Anderson Named to Loewe

Jonathan William Anderson | Photo: Morgan O'Donovan for BoF

“On Wednesday, the Irish-born designer, who has become a shining star of London Fashion Week, was given a major injection of funding to his five-year-old J.W. Anderson brand by LVMH Moët Hennessy Louis Vuitton. At the same time, he has been made creative director of Loewe, the Spanish leather brand that is part of the LVMH luxury stable.”