LONDON, United Kingdom — On the heels of Downton Abbey’s success on American television, British retailers are banking on a love of all things English to expand their business in the world’s biggest apparel market. Leading the British invasion are Asos Plc, TopShop, Boden, Jack Wills Ltd., and Superdry.
Fashion Weighs a Deeper Investment in Africa (IHT) “Designers from Vivienne Westwood to Jean Paul Gaultier have long drawn on the vibrancy of African culture in their clothing lines. But now the industry is taking a tentative look at whether it makes sense to put down larger stakes as the African economy begins to take its place alongside the world’s other promising emerging markets.” Gap raises full year profit view,
Global Briefing | Chinese Fashion Brands Look West (Insight & Analysis) “It’s nearly impossible to go a week without reading about international fashion brands expanding their operations in China. But what about Chinese brands targeting the West?” Op-Ed | What Went Wrong at Aquascutum? (Opinion, Insight & Analysis) “In April of this year, at a time when Burberry posted an 11 percent increase in sales,
At Abercrombie & Fitch, Sex No Longer Sells (Business Week) “Abercrombie & Fitch’s skin-filled ads and nightclub vibe once delighted American teenagers and infuriated parents. Today, many aren’t even paying attention. The once-edgy retailer has lost a third of its market value in the past year as it grapples with falling sales in Europe and the U.S.” Giorgio Armani courts China (AFR) “‘Are you
Downtown Comes Uptown (NY Times) “Conspicuous consumption has made a resounding return to Madison Avenue, at least on that mile of glistening shops stretching north of Barneys New York at East 60th Street. But it isn’t quite the same Madison Avenue as what was there before. Nearly 50 stores have opened in the last 18 months, including a diverse mix of European luxury labels.” Prosperous Times for Luxury Print Media, Or