Bonnie Brooks’ quest at The Bay, Tapping the blogosphere, Hermès’ defense, Adidas’ big plans, Kenzo celebrates

The Bay's Bonnie Brooks' lifelong ‘quest to be the best’ (Globe and Mail) "Ms. Brooks is used to thinking big.  [At Lane Crawford], she used some of the same tactics that she’s applying at the Bay to turn it around: introducing an array of with-it brands, ditching old ones and putting a spotlight on high-margin shoes and handbags." How luxury brands can tap the blogosphere’s growing influence (Luxury Daily) "Consumers trust blogs more compared to traditional media than they did five years ago. Brands should actively look for ways to generate positive press by developing relationships with prominent industry bloggers." Hermès needs to style media defense to unsaddle LVMH (Reuters) "Winning the media war against luxury giant LVMH which began…

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Olivier Zahm gets personal, Crowdsourcing gains steam, Brand master Arnault, Adidas guidance, Window warriors

Olivier Zahm Self-Portrait | Source: purple DIARY

For Fashion’s Bad Boy, No Secrets (NY Times) “[With Purple] and often salacious photographic blog, purple-diary.com, Mr. Zahm, a former art critic, has become a demi-celebrity in the fashion world. He likens himself to Andy Warhol, who managed a similar feat with Interview.” Discount luxury e-tailer BrandAlley to launch a crowdsourced platform (Independent) “Discount luxury e-tailer BrandAlley is launching a new

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Yuan fears, Google vs LVMH Round 2, Shoes the new ‘it’ bag, Digital marketing costs, Stella for Team GB

Declining dollar reduces Chinese competitiveness | Source: Impactlab

China’s textile firms may face bankruptcy on yuan appreciation (Xinhuanet) “Half of China’s textile firms may risk going bankrupt if the value of the Chinese currency yuan rises 5 percent against the U.S. dollar given the industry’s thin profit margins.” French Court Kicks Google/LVMH Case Back To Appeals (WSJ) “The French Supreme Court Tuesday referred a previous ruling against Internet search

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Adidas profit drops, H&M plans stock split, Tesco’s recycled duds, Lacroix licenses comeback, Fashion and feminism

Adidas Y3 Spring/Summer 2010 | Source: Adidas

Adidas Net Profit Drops 65 percent (WSJ) “Adidas reported a sharper-than-expected 65% fall in quarterly net profit Wednesday, but said it expects a rise in 2010 sales and earnings.” H&M plans two-for-one stock split (Reuters) “The world’s third largest fashion chain by sales said on Wednesday its board would propose the split at its annual shareholders’ meeting on April 29 and it would take effect

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Rodarte’s Target, Cavalli-Clessidra deal collapses, Gucci’s Pop-Up, Adidas profit plunges, Naomi Sims

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Rodarte’s Target (Vogue) “Rodarte will join the ranks of Erin Fetherston, Jovovich-Hawk, Rogan and Jonathan Saunders (among others), as the latest designers to collaborate with American retailer Target as part of its Go International series.” Clessidra Pulls Out Of Deal With Cavalli (WSJ) “Italian private equity fund Clessidra SGR SpA has pulled out of a deal with fashion house Roberto Cavalli after

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Mango to Iraq, Luxury and the environment, Williamson returns to London, Topshop expands, Adidas educates

High fashion and Hollywood glamour as Mango open stores around the world (Times) After a successful launch in Iran, Mango looks to move further into the Middle East, setting up a store in Irbil, Iraq. Is luxury fashion good for the planet? (Observer) “Premium brands don’t have the best reputation when it comes to social and environmental issues, but change is in the air.” Matthew Williamson returns to London

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Adidas sees loss, Sui for Target, Zegna expands in Middle East, Kenneth Cole posts Q1 drop

Adidas ad camapaign, courtesy of Adidas

Adidas issues profit warning (Drapers) “Pre-tax profits at the Adidas group sunk by 97% to just €5 million (£4.4m) in the first three months of 2009. Currency-neutral group sales fell 6% to €2.58 billion (£2.28bn), compared to €2.62bn (£2.32bn) in the first three months of 2009.” The Sui Target (Vogue UK) “ANNA SUI has become the second designer to participate in discount retailer Target’s Designer

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Adidas profits, Brazilians and beachwear, Ethical luxury, Hermès shares jumps

Adidas Profits Leap 151 Percent (WWD) Adidas’ net profits is up 151% due to lower marketing expenses. (Subscription required) Brazilians decide beach culture should help capture retail dominance (IHT) With the launch of a beachwear fashion week in October 2008, Brazilian brands are beginning to find their place in the international swimwear market. Ethical Luxury: Could the Luxury Industry Be Headed Back to Its Roots? (The

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ASOS up 68%, H&M, Abercrombie & Fitch’s skimpy sales, Burberry’s flat profits, Adidas’ SLVR

Online fashion firm ASOS H1 profit up 68 pct (The Guardian) In another signal that affordable online retailers could fare better than bricks and mortar operations in the economic downturn, ASOS H1 profit rockets up 68%. H&M Still In Fashion (Forbes) "Swedish-fashion retailer Hennes & Mauritz posted a decent set of October sales." But "analysts warned the company would not be able to avoid the ripple effects of the global financial crisis." Has Abercrombie Lost Its Shirt? (Motley Fool) Abercrombie & Fitch's  skimpy aesthetic is also reflected in the company's declining sales performance for Q3 2008. Profits flat at Burberry (Drapers) "Burberry saw sales rise 20% in the first half of the year with pre-tax profit flat during the period,…

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