British menswear will get the recognition it deserves this summer (Guardian) “It’s not long now until British menswear finally emerges from the shadow of womenswear to stage its very own fashion event in London. Goodbye one day of men’s fashion tacked to the end of the women’s shows, and hello to a three-day blockbuster event all of its own.” Arnault to invest in Maxime Simoens (FashionUnited)
Sperry Top-Sider Spring/Summer 2012 | Source: BellazoonReviving Sperry (Boston) “The 1990s were not kind to the Sperry Top-Sider. The iconic boat shoe blazed to the fashion forefront in the early 1980s after gaining fame and acclaim in ‘The Official Preppy Handbook’ and countless John Hughes films. But by the end of the decade, the New England-based shoe had fallen out of favor, the sartorial equivalent of Wang Chung.” LVMH CEO says sales growth speeds up in Q1
Bernard Arnault | Source: The RichestLVMH Profit Meets Estimates, Sees 2012 Growth (Bloomberg) “LVMH Moet Hennessy Louis Vuitton SA (MC), the world’s largest maker of luxury goods, reported full-year profit that met analysts’ estimates and said it’s “well- equipped” to maintain growth in 2012. Net income rose 1 percent to 3.07 billion euros ($4 billion) in 2011, the Paris-based maker of Zenith watches said today.” In cities, clothes maketh the man (China
Bernard Arnault | Source: Fashion PileBernard Arnault Rethinks the Cult of Fashion Gurus (Newsweek) “Arnault suggests it’s time for change, time to recast his global, glittering, status-laden empire as something else. The watchwords are: intimate, Old World, artful. And the timing feels right… After all, Arnault has learned that rock-star designers come and go. ‘A good product,’ he says, ‘can last forever.’” SuperGroup rebuts
Tony Hsieh | Source: Inc.Fast fashion: Is the party over? (Telegraph) “Following on from H&M’s shock results in the final quarter of 2010 which saw profits fall 11 per cent, fashion comparison website Stylecompare.co.uk has today reported that year-on-year sales of ‘low end’ retailers fell by 21 per cent, as consumers flock to ‘mid range’ and eco brands for their fashion fixes.” Why Is This Man Smiling? (NY
