Ungaro’s fall, Mark Lee confirmed Barneys CEO, Social statements, Western fits for Levi’s China, Tansky’s legacy

| Daily Digest

Emanuel Ungaro fitting a model | Source: NY Times

The Fall of the House of Ungaro (NY Times) “Ungaro was losing roughly $15 million a year, and [the Ferragamos] signaled to their bankers to look for a buyer. Abdullah was the only serious buyer who turned up. That was in 2005, and as you probably guessed, he had no experience in fashion.” Barneys Appoints New CEO (Market Watch) “Barneys New York, the luxury retailer, with the support of its shareholder Istithmar

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Booming Brazil, Barney’s credit rating, Graduate Fashion Week winners, Cinema and couture, Prabal’s past

| Daily Digest

Barney's in Dallas, Tx | Source: designscene.net

Brazil’s prosperity bursts forth on catwalk (AFP) “Brazil kicked off Latin America’s premier fashion event, Sao Paulo Fashion Week, Wednesday, with parades showcasing its economic prosperity and optimism.” S&P removes upscale Barney’s from CreditWatch (Business Week) “Standard & Poor’s on Thursday affirmed its corporate credit rating on Barney’s New York and removed it from

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Remembering Malcolm McLaren, LVMH hotel deal, American Apparel scramble, H&M beats forecast, Gilhart’s spirit

| Daily Digest

Malcolm McLaren, pictured in June 1994 | Source: Times

Causing Outrage: Remembering Malcolm McLaren (NY Times) “Malcolm McLaren… was never really into fashion, though we fashion writers loved to pick his brain. Mr. McLaren saw the big cultural picture of which fashion was a part, and he sensed the small vibrations long, long before they reached the mainstream.” LVMH signs luxury hotel deal with Egypt’s Orascom (FT) “LVMH, the luxury goods company, is to

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Burkle eyes Barneys, Bloomingdale’s Dubai, Versace’s new look, Blogger backlash, Robert Polet in Davos

| Daily Digest

Bloomindale's Dubai | Source: The National

Burkle Angles for Controlling Stake in Barneys (WSJ) “Billionaire Ronald Burkle is angling to take a controlling stake in Barneys New York, people familiar with the situation said, a bet that the company and battered luxury retail sector have seen the worst of the recession.” Bloomingdale’s opens in Dubai (The National) “From today, people in Dubai will be able to indulge in the magic of Bloomingdale’s as

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Rethinking accessories, Socol’s values, Young bloggers’ sway, Fact-checking at the majors, Menswear morass

| Daily Digest

Ohne Titel, Alexander Wang, Preen, Richard Chai, Altuzarra, courtesy of the New York Times.jpg

Accessories After the Fact (WSJ Magazine) “It’s been a brutal year for the arbiters of all things luxurious. World-wide accessories sales, the engine driving the explosive growth of the luxury-goods industry over the past decade, are projected to decline 10 percent in 2009, according to Bain & Co., the first real decline since Bain began tracking the sector in 1995.” Former Barneys CEO Watches Shows and Luxury Goods

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