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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Designer skins, Copyright cash, YSL and Fashion billionaires

Pimp your Google homepage (CNet) iGoogle, the popular service from the Internet behomoth, has partnered with Oscar de la Renta, Tory Burch and Dolce & Gabbana to provide designer skins for users to personalise their iGoogle pages. Adidas wins $305m in copyright case (WWD) Following our revelations about Steve Madden's blatant copying, Adidas is awarded $305m in the largest award ever in a trademark case against Payless. Valerie talks to Vanessa (Financial Times) Vanessa Friedman interviews Valerie Hermann, chief executive of Yves Saint Laurent, to learn how she is digging the historic French house out of the red. The Fashion Billionaires (Forbes) Forbes has released a list of the world's fashion billionaires, with Amancia Ortega, Stefan Persson and Bernard Arnault…

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