The Burberry story, Gianfranco Ferre revamps, Retailers think small, Luxury sales down, A new generation

Burberry Black Label A/W 2010, courtesy of Burberry

Best of British: Why Burberry has the fashion business all wrapped up (Times) “It fought the fakers, weathered an image crisis and resisted recession to become the darling of the FTSE 100. On the eve of Burberry’s return to London Fashion Week, Susannah Frankel checks out how a trenchcoat company became the British design phenomenon of the decade.” Gianfranco Ferre defies crisis with major revamp (Reuters)

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Copying Rick Owens, Burberry looks to USA, Versace quits Ittierre, Girl Next Door, Topman inspires

Imitate That Zipper! (New York Times) "In recent months, a veritable industry has sprung up around [Rick] Owens, who may be fashion’s most imitated designer. Rival houses are racing to produce their own distillations of his angular flaps, zigzagging zippers, gossamer T-shirts and biker jackets pliant as second skins." Burberry May Speed U.S. Growth Amid Deals on NYC, Indiana Space (Bloomberg) Burberry may accelerate plans to open U.S. stores as premium shop space becomes available at cheaper prices. “Spaces we thought may not have been available a couple of years ago are available now,” said Stacey Cartwright, CFO. Versace ends licence deal with IT Holding unit (Reuters) "Italian fashion house Versace has ended its licensing deal with IT Holding unit…

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Louis Vuitton film award, Boris in ELLE, Burberry comes home, Fashionair talent hunt

Vuitton to Sponsor Film Award (WWD) "Louis Vuitton said Monday it would bestow $25,000 prizes to the two student filmmakers who make the best two-minute works on the theme of “life as a journey." Dishevelled London mayor graces fashion cover (AFP) "London's famously dishevelled mayor, Boris Johnson, will grace the cover of fashion bible Elle next month in what many will see as a surprising partnership to mark 25 years of London Fashion Week." Burberry has come home (Telegraph) "The launch of this collection will be a massive event, the highlight of London Fashion Week. Not only is it the 25th anniversary of LFW and the British Fashion Council, it is also the first time since Bailey joined the brand…

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Burberry sales slow, H&M down, End of throwaway fashion, WGSN in India, Hilfiger to lead incubator

http://www.youtube.com/v/FcVmsH1-9mo&hl=en&fs=1&"

Burberry’s Sales Growth Slows in First Quarter (WSJ) “U.K. luxury fashion group Burberry PLC Wednesday reported a further slowdown in sales growth in its fiscal first quarter as the economic downturn continued to hold back demand, but the company remains confident it can deliver growth over the long term.” Click here for a behind the scenes look at the most recent Burberry campaign featuring Emma Watson. H&M

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Jimmy Choo for H&M, Burberry sees stabilization, Tod’s to experience growth, Pitti Uomo quiet

Jimmy Choo for H&M, courtesy of H&M

Jimmy Choo to Design for H&M (WSJ) “Swedish fashion retailer Hennes & Mauritz AB on Wednesday unveiled the name of its next designer collection team-up: British accessory brand Jimmy Choo.” Burberry Chief Says Luxury Demand Is ‘Stabilizing’ (Bloomberg) “Burberry Group Plc Chief Executive Officer Angela Ahrendts said luxury demand is leveling out as the market slowdown nears its first

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Richemont appoints Wikstrom, Burberry expands in the Americas, J. Crew drops, Della Valle and Saks

Jude Law for Dunhill 09, courtesy of Dunhill

Richemont Creates Post To Turn Around Ailing Brands (WSJ) “The world’s second-largest luxury company by sales named Martha Wikstrom, 52, head of a portfolio comprising most of Richemont’s less-prominent brands, including Alfred Dunhill and Lancel, which market so-called soft luxury goods such as leather and fashion.” Burberry eyes expansion in U.S. (Guardian) “While other retailers apply the brakes on

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Burberry to London, M&A steers clear of luxury, Versace contemplates a new future, Aquascutum talks to YGM

Burberry S/S 09 ad campaign, courtesy of Burberry

Burberry Prorsum to show at London Fashion Week (Catwalkingqueen) “Christopher Bailey will bring the label’s 2010 spring collection to town to celebrate the 25th anniversary of LFW and the British Fashion Council. This will be followed by a special event hosted at Burberry’s brand spanking new headquarters.” M&A passes luxury brands by (FT) “The downturn in the luxury goods industry is the worst in

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American Apparel settles, Burberry posts loss, DHL invests in fashion, M&S crashes, Getting creative in tough times

American Apparel campaign | Source: American Apparel

Take the money and run: Allen wins $5m for stolen image (Guardian) “Several million dollars richer, and with his reputation more or less intact, Woody Allen successfully reached a last-minute settlement in a bruising legal battle with one of America’s most headline-prone high-street brands.” (Click here for Dov Charney’s statement and here for BoF’s previous article on Shockvertising) Burberry Posts

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Burberry holds steady, Retailers embrace cheap-but-chic, Primark sales soar, Retail stocks drop, Wakeley returns

Burberry S/S 09 ad campaign, courtesy of Burberry

Burberry wholesale sales slide (Drapers) “Burberry’s revenue rose 2% on an underlying basis and grew by 21% to £663 million for the six months ended March 31 but the luxury brand warned that wholesale sales would slide further in the next six months.” Do Discount Designer Duds Make The Grade? (WSJ) “Recession-scarred retailers are turning to collections of cheap-but-chic designer clothing to lure customers

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Burberry downgraded by JP Morgan, Uniqlo online in China, Apparel prices slip, theOutnet.com launches

Burberry Store, courtesy of Bloomberg

Burberry cut to neutral at J.P. Morgan (WSJ) “J.P. Morgan downgraded fashion company Burberry group to neutral from overweight, saying the group is now trading at a 5 percent discount to the luxury goods sector, compared to a historical average discount of 20 percent.” Taobao Partners with UNIQLO to Grow China’s Online Fashion Market (Businesswire) “UNIQLO, a new-style casual wear brand under Japan’s leading

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Chinese New Year marketing, Thomas Burberry axed, Iodice’s dress giveaway, Coach’s profit declines

Chinese New Year, photo courtesy of chateaugranville.com

Lunar New Year May Be a Tough Holiday for Sales (WSJ) In China, companies are using discounts and clever marketing practices to make people spend during the Lunar New Year holiday. Burberry to axe Thomas Burberry (Drapers) Burberry’s bridge line, Thomas Burberry, will be shut down but the company reported surprisingly strong sales for Q3, up 9 percent on a constant currency basis. Iodice To Give Away Free Dresses Instead of

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Defiant young designers, Burberry sales up, Extinct retailers, American consumer spending, India Fashion Week

Newcomers defy the odds in men’s fashion (IHT) Unfazed by the current dismal state of the economy, emerging designers such as Mihara Yasuhiro are bravely forging on with their menswear collections. Burberry Sales Rise, but Layoffs Are Planned (WWD) Though Burberry’s Q3 sales went up 30%, the company plans to embark on serious cost-cutting measures. (Subscription required) Retailers on the Extinction List (Seeking Alpha)

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ASOS up 68%, H&M, Abercrombie & Fitch’s skimpy sales, Burberry’s flat profits, Adidas’ SLVR

Online fashion firm ASOS H1 profit up 68 pct (The Guardian) In another signal that affordable online retailers could fare better than bricks and mortar operations in the economic downturn, ASOS H1 profit rockets up 68%. H&M Still In Fashion (Forbes) "Swedish-fashion retailer Hennes & Mauritz posted a decent set of October sales." But "analysts warned the company would not be able to avoid the ripple effects of the global financial crisis." Has Abercrombie Lost Its Shirt? (Motley Fool) Abercrombie & Fitch's  skimpy aesthetic is also reflected in the company's declining sales performance for Q3 2008. Profits flat at Burberry (Drapers) "Burberry saw sales rise 20% in the first half of the year with pre-tax profit flat during the period,…

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