A Younger Coach, Escada optimism, UK sales down, Aquascutum bows out of LFW, Museum fashion

| Daily Digest

Poppy line for Coach, Courtesy of Coach

Coach Is Now Traveling Coach (Reuters) “With this month’s release of the budget-conscious Poppy line, Coach, a luxury-retail marvel once ridiculed for being stodgy, is increasingly associated with an entirely different-and notoriously fickle-population: teens, coeds, and grads.” Escada Optimistic of Rescue as Katie Holmes Dressmaker Suffers (Bloomberg) “Escada AG Chief Executive Officer Bruno Saelzer said

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CFDA upside, Ted Baker profits, Newgen winners announced, Crombie to save Aquascutum, Garment district dissolves

| Daily Digest

CFDA Swarovski Award winners, Time Hamilton, Justin Giunta and Alexander Wang

Do CFDA Winners’ Businesses Grow? (Forbes) “The backing of the Council of Fashion Designers of America confers recognition–but not always sales–to fledging designers.” Ted Baker Sales Rise; Profit to Shift to Second Half (Bloomberg) “Ted Baker Plc, the clothing company that dressed actor Daniel Craig as James Bond for ‘Casino Royale,’ said group sales gained 7.6 percent in the 19

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Aquascutum teetering, Lower profits for Zegna, Bergdorf and Neiman share talent, Luxury here to stay, Bastian buzz

| Daily Digest

Aquascutum S/S 09 ad campaign, courtesy of Aquascutum

Aquascutum puts entire workforce into consultation (Drapers) “Aquascutum has put its entire workforce into consultation, fueling speculation about the future of the luxury heritage brand.” Italy’s Zegna sees lower profits in 2009 (Reuters) “Italian luxury men’s suits maker Gruppo Ermenegildo Zegna forecast lower profits this year after a 20 percent drop in net profit excluding an extraordinary item for

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