Week in Review | Poor Payors, H&M’s High-End Marketing Tactics, Behind PPR’s Rebrand, Renzo Rosso
Source: ShutterstockBoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Source: ShutterstockEngaging millennials, J.Crew settlement crumbles, I.T. to buy Bape, Kane wins BFC/Vogue prize, Bill Cunningham
http://www.youtube.com/watch?v=BmogH4tp0Vw Engaging The Millennial: Augmented Reality And The Wired Generation (Luxist) “Millennials have grown up linked by BlackBerries, Androids, IPhones, computers, IPods, and video games. This is the generation of Wii, Facebook, Twitter, free downloads, access to just about everything. How do luxury brands engage these mindsets?” J. Crew $10 Million Settlement of TPG Buyout Suit
Street style icons, Home grown Chinese luxury, Prada’s first-half boost, Next warns of slowdown, Masterful Crisp
On the Street: Fabrizio, Milano on The Satorialist | Source: The SatorialistSeen on the Street: Strangers as Style Icons (WSJ) “We’ve had the age of supermodels as fashion icons and the age of celebrities. Now comes the age of attractive strangers… BeautifulStranger, The Sartorialist and other photo websites are turning fashion’s focus from models to regular people.” Chinese luxury wannabes try to shake off “Made in China” image (Reuters) “‘I threw away
Hugo Boss down, UK retail fights back, Lulu’s Asian expansion, Prada shortens layoffs, BFC Vogue Fashion Fund
Hugo Menswear | Source: Hugo BossHugo Boss European sales fall 13 percent (Drapers) “Total European sales at Hugo Boss fell 13% to €852m (£766m) over the first nine months of 2009 as the brand and retailer was hit by a turbulent northern European and Spanish trading climate.” M&S and Next fight back while Primark shines (Reuters) “Updates from three of Britain’s biggest clothing retailers should shed a little more light next week on
Polo profits drop, Chinese luxury grows, Shoppers seek the unique, BFC joins trade organisation, Gucci trademark
Ralph LaurenPolo Ralph Lauren sales and profits fall (Drapers) “Polo Ralph Lauren has notched up first quarter sales of $1bn (£588.6m), an 8 percent fall on the same period last year.” Luxury Brands Gain Momentum in China Despite the Slowdown (Seeking Alpha) “Even as luxury goods consumption has fallen worldwide, China’s appetite for high-end retail has shown a strong momentum.” Shoppers see a value in unique
