PPR and Yoox, Versace seeks investors, New York start-ups, London menswear, Laidback Lim

Phillip Lim by Nagi Sakai | Source: The Fashionisto

PPR Signs Letter of Intent With Yoox for Online Luxury Venture (Bloomberg) “PPR signed a non-binding letter of intent with Yoox SpA, an Italian online fashion retailer, to set up an e-commerce venture for PPR’s luxury brands. PPR plans to have more than 1 billion euros ($1.25 billion) of sales online by 2020.” Fashion house Versace may seek outside investors (Reuters) “Italian family-owned fashion house Versace may seek

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Asian impact in Paris, Currency boost, British menswear, Ungaro unravels, Kim Jones Q&A

L-R Mugler, Issey Miyake, 3.1 Phillip Lim Fall 2012 | Source: Style.com

Asian Designers Make an Impact in Paris (IHT) “Asian designers, whether home based or in the fashion diaspora, are making an impact in the opening days of the Paris men’s 2012 season. Phillip Lim, the Cambodian-American designer based in New York, was smart to come to Paris to show a 3.1 Phillip Lim collection that was simple but laced with the conceptual.” European Luxury-Goods Stocks May Benefit From Weaker Currencies

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Flash sales lose flash, Storm clouds over Chinese e-commerce, LVMH confidence, India’s luxury boom, LFW to LA

Zouxiu | Source: Zouxiu

Online flash sales less flashy as inventory shrinks (Reuters) “The flash sales business has lost some of its flash, forcing online luxury clothing merchants such as Gilt Groupe, Ideeli and Rue La La to radically change their business models. These businesses burst onto the fashion scene during the recession to try to move a mountain of unsold clothes. Now there is less luxury inventory and flash sales sites are bigger. That has

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Made in Africa, Londoners debut in New York, Sparkling provenance, Italian protectionism, Cartier’s leading lady

Suno Spring/Summer 2011 | Source: Suno

Into Africa (Telegraph) “Made in England; made in Italy; made in China. These are familiar labels in our clothes and accessories. But how about ‘made in Kenya’, stitched into the lining of a Vivienne Westwood handbag? Or on the swing tags of Matches ‘hot new collection, Suno, with its juicy mixes of colour and print?” For New Stars of London, a New York Debut (NY Times) “Among the world fashion

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Sparkling BFAs, Neiman Marcus caution, Counterfeit crackdown, Burberry back at LFW, Wonderkid Wang

British Fashion Awards 2009 – The Winners (Independent) “British fashion’s leading lights were rubbing shoulder pads last night at the prestigious annual awards which celebrate home-grown design talent and business success and are voted for by industry leaders, designers and retailers.” Neiman Marcus sees weak luxury demand (FT) “Neiman Marcus, the US luxury retailer, said on Wednesday it was seeing

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CEO Talk | Harold Tillman, Chairman, The British Fashion Council

Harold Tillman, former chairman of The British Fashion Council

LONDON, United Kingdom — Long before he was appointed Chairman of The British Fashion Council, Harold Tillman had already shown a commitment for supporting British Fashion, and young designers in particular. He famously gave Paul Smith his first job. And, in my first meeting with him back in 2006, Mr. Tillman and I vigorously debated and discussed the common challenges faced by the city’s designers and what could possibly be

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McQueen ruffles feathers, BFC shuffle, PR for Wal-Mart, Bulgari profits fall, Price of luxury

Alexander McQueen F/W 09, courtesy of Coutorture

McQueen Leaves Fashion in Ruins (New York Times) “With a runway of broken mirrors surrounding a garbage heap made of props from his own past collections, Mr. McQueen created a stage to symbolize the sudden crash of luxury exuberance.” Hilary Riva is to step down as chief executive of the British Fashion Council (Drapers) Riva to shift roles, “as part of a management restructure initiated by chairman Harold

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