Asia calls time, Garment District ideas, Singer returns to Vogue, Anya on luxury, JM Weston

| Daily Digest

Tadashi Yanai | Source: Fast Retailing

Asia calls time on Swiss watches (FT) “Swiss watch exports fell in September for the first time in almost three years as demand from consumers in Asia dropped sharply, raising questions about the immediate prospects of Europe’s luxury goods companies.” A Garment District With Some Big Ideas (NY Times) “What to do about Manhattan’s shrinking garment district has been a point of debate among designers and their

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Apple eyes The Fancy, LVMH in India, Anya’s investors, Techie fashionistas, Chinese superblogger

| Daily Digest

Joe Einhorn, CEO The Fancy | Source: Forbes

Apple Wants To Buy Pinterest Rival, The Fancy (Business Insider) “Apple is in talks to acquire The Fancy, a fast-growing social commerce site backed by cofounders of Twitter and Facebook, Business Insider has learned. The objective: to secure a role for Apple in the growing e-commerce market.” L Capital in talks with top fashion designers to setup LVMH clone in India (Economic Times) “Private equity firm L

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Anya’s story, Tourist spending boost, Paul Smith’s megastore, McQ runway to reality, The ‘It’ bag

| Daily Digest

Anya Hindmarch | Source: Styleite

Bags to riches: Anya Hindmarch interview (Telegraph) “Anya Hindmarch, an attractive woman and designer of desirable handbags and accessories, but one imbued with a political conviction as profound as the determination that has made her head of an expanding international business, with 54 shops worldwide and an annual turnover well in excess of £20 million.” International shoppers boost UK retail industry (Retail Weekly)

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Chinese buy $50b abroad, Hindmarch profits soar, Puma plays catch-up, Couture in Singapore, Fresh kicks

| Daily Digest

Gucci bag | Source: l2thinktank

Taxing luxury goods becomes a hot issue (China Daily) “International luxury brands competing to expand their presence in China have to face the fact that Chinese consumers prefer to buy premium goods abroad instead of domestically.  The World Luxury Association released a report revealing the Chinese spent nearly $50 billion in Europe, four times what they spent on luxury goods in 2010 on the Chinese mainland.” Anya

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First Person | Anya Hindmarch Says You Have To Sweet Talk, and Sell

| First Person

Anya Hindmarch | Source: Anya Hindmarch

LONDON, United Kingdom — “I started my business when I was 18,” said luxury handbag designer Anya Hindmarch. On her gap year in Florence, Italy, she saw a bag that was all the rage among the cool Italian girls and she bought it. “I took it to London and everyone loved it,” she recalls. The reaction, it seems, helped her identify a business opportunity. “I found a factory, had a similar bag made and took it back to the UK.” Her

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