SYDNEY, Australia — David Jones Ltd., Australia’s second-largest listed department store company, rose the most in two months after it said it received a merger proposal in October from larger rival Myer Holdings Ltd. that it rejected.
Manolo Blahnik: ‘There is nothing charming about a woman who cannot walk in her shoes’ (Guardian) “The tremendously satisfying thing about Manolo Blahnik, the man, is that he is exactly the way you picture him. The singleminded fashion obsessiveness of Anna Wintour is spiked with the belle-epoque-bonkersness of Ab Fab’s Patsy and housed in the body of Hercule Poirot.” Philip Green’s Arcadia year
Anatomy of a maison (AFR) “In the Medieval age, the sight of a towering spire signalled a city of splendour. Today, it is cathedrals of retailing that indicate metropolitan status in the global pecking order. The December 3 opening, not of another Louis Vuitton store – there are already 460 of those worldwide – but of a much grander Louis Vuitton ‘Maison’ (of which there are just 13) proves Sydney must be a very smart town
A Wish of E-Shoppers Everywhere, Now in China (WSJ) “FedEx Corp. delivery men will wait on the doorsteps of Chinese consumers while they inspect their purchases, try them on for size, and decide if the products are worthy of keeping or sending back… The goal is to draw more of that luxury spending online. It is also part of a larger trend of retailers offering special perks to impress upon China’s consumers they
Made in little Wenzhou, Italy: the latest label from Tuscany (Guardian) “Pronto moda involves importing cheap fabric, usually from China, and getting it made up to order at breakneck speeds into high-fashion garments that are then sold with ‘made in Italy’ labels.” Fairtrade goes fashion (Telegraph) “The bods at Fairtrade have upped the fashion ante for Fairtrade cotton’s fifth anniversary this
Arcadia profits soar (Retail Week) “Sir Philip Green’s Arcadia Group has reported a 13% rise in pre-tax profits, despite the recession. Young fashion brands Topshop, Topman and Miss Selfridge all had record years.” Harvey Nicks boss says luxury needs to evolve (Drapers) “Harvey Nichols chief executive Joseph Wan has warned the luxury sector will not recover from the global banking collapse for at least five years
Showbiz moguls target the world of style (FT) “This week pop culture maestro Simon Fuller, the man who created the Spice Girls and the American Idol format, launched his new venture, Fashionair, an online fashion-meets-entertainment platform.” Web fashionistas are just a click away from high street acceptance (Times) “Sir Philip Green is famously reluctant to follow slavishly the latest fashionable idea unless it