Burberry sends shiver, Kick of energy, Coty postpones IPO, Holiday turbulence, Carine Roitfeld

Burberry Autumn/Winter 2012 | Source: Burberry

Burberry warning sends shiver through luxury sector (Reuters) “British fashion brand Burberry issued a profit warning on Tuesday, the clearest sign yet that slowing economic growth in China and Europe’s debt crisis are bringing a boom in demand for luxury clothes and accessories to a halt.” A Leap in Volume and Length (NY Times) “The spring collections got a kick of energy as other designers also showed

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Ethical high fashion, Michael Kors’ gain, Social media issues, Website watch, McQueen immortalised

Masai beaders by Chloé Mukai | Source: IHT

Bags Made by Hand, in East Africa (IHT) “At the heart of the African fashion collectives is Simone Cipriani, an Italian from his country’s leather industry who has made it a mission for the United Nations to develop an Ethical Fashion Initiative at the International Trade Center in Geneva. (The I.T.C. is a joint body of the United Nations and the World Trade Organization.)” Luxury Designer Struts Its Stuff With Nearly

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In Digital London, Technology and Fashion Collide

Today BoF founder Imran Amed examines the fruitful interaction between London’s rising technology and fashion scenes for Wallpaper* magazine, where a version of this article first appeared. LONDON, United Kingdom — London is a gilt-edged global hub for art and commerce. An undisputed heavyweight champ. But it is now also a genuine tech contender, a rise up the ranks that has been rapid and more than a little unlikely. When David

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The Fashion Trail | London 2012 Olympics

Fashion at the Olympics Closing Ceremony | Source: themoderncool.com

LONDON, United Kingdom — I’ve always loved the Olympics. Ever since the Winter Olympic Games in my hometown of Calgary back in 1988, I’ve been drawn to the sense of global togetherness and sportsmanship, the competition and personal rivalries, and especially the raw athleticism of the remarkable individuals who go for the gold, pursuing their dreams on a world-sized stage. In the run up to the London Games, the British media seemed

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Market Pulse | Same Story, Different Month

Savigny Luxury Index June 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) inched up 1.0 percent in June, relative to an uplift of 2.8 percent in the benchmark MSCI World Index (“MSCI”).  Newsflow from China continued to worry investors and sector results, although strong, did show signs of a slowdown in growth over the last few months. Big news China’s growth rate slowed for a sixth consecutive quarter to its slackest pace in over three years

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Holiday collaboration, KCD and Spring deal, Burberry sales slow, Fashion duel, Canadian incubator

Target and Neiman Marcus | Source: Modern Eve

Target Teams Up With Neiman Marcus to Create a Holiday Sales Smash (Forbes) “You don’t need to be a fashion slave to understand that the newly announced partnership between Neiman Marcus and Target is going to produce a collection that will send holiday shoppers thronging to both stores.” KCD, Spring Form Strategic Partnership (WWD) “KCD, the well-known public relations and events agency, and Spring, the

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Are Fashion Brands Underestimating the Importance of China E-Commerce?

Gap Store on Tmall | Source: Tmall

BEIJING, China — With its burgeoning middle class and status-conscious consumer culture, China remains the primary engine driving luxury market growth, even in a rapidly weakening global economy. But recent reports from China’s National Bureau of Statistics show that even China’s economy is experiencing what one Chinese cabinet member called a “sharp slowdown.” For fashion brands operating in China, this presents a distinct

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Week in Review | Graphite’s social commerce model, Luxury Index slides in May, Ethical fashion, Moda money

The Week in Review June 4 - 8, 2012

Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)

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Burberry tech team, Atwood acquired, Tourist shoppers, Facebook’s Open Graph, Xander Zhou

Burberry’s Angela Ahrendts: High tech’s fashion model (Fortune) “Ahrendts has been boldly reinventing Burberry’s image and operations since she arrived at the British company six years ago. Her moves have paid off handsomely: Annual sales of some $3 billion are more than double 2007 levels, and the stock has returned nearly 300% since Ahrendts’ arrival.” Jones Group tries on new shoes

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Loewe’s trajectory, Burberry rising, Vuitton’s top spot, Uniqlo expands, Prada and Polanski

Backstage at Loewe Fall/Winter 2012⎮Source: Wonderland Magazine

Spain’s got talent (Telegraph) “Stuart Vevers and Lisa Montague, the British duo who set Mulberry on the road to global superstardom, have taken their recipe to Loewe, the luxury heritage brand based in Madrid. Will it taste as sweet?” Burberry to invest in new, bigger stores (Reuters) “British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million

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Betsey bankruptcy, Chanel creativity, Claiborne sales up, Burberry reigns in Taipei, Cool Sewell

Betsey Johnson | Source: The Plaza

Betsey Johnson Declares Bankruptcy (Forbes) “A spokesperson at Betsey Johnson has confirmed that the 34-year-old fashion line has filed for bankruptcy protection. The filing will likely result in the dismissal of 350 employees and the closure of most of the brand’s 63 stores.” Chanel sticks to being creative (Daily Yomiuri) “In the 64th installment in a series on the world’s high-end brands, Bruno Pavlovsky,

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LVMH tops estimates, Trench warfare, Clean up in China, Debating TOMS formula, Lace’s grace

Burberry Spring/Summer 2012 | Source: Design Scene

LVMH First-Quarter Sales Top Estimates, Defying Slowdown (Bloomberg) “LVMH, the world’s largest maker of luxury goods, reported first- quarter sales that beat analysts’ estimates as demand for its products accelerated, defying an “uncertain” European economy.” Trench warfare: Burberry vs Aquascutum (Independent) “Two of Britain’s most well-known fashion labels found themselves at rather different ends of the spectrum

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Aquascutum insolvency, Zadig deal, Burberry slows, Hugo Boss in China, Marchesa expands?

Aquascutum Autumn/Winter 2010 | Source: Rag Pony

Aquascutum collapses into administration (FT) “Aquascutum has collapsed into administration, putting about 250 jobs at risk and threatening the possible demise of a classic British clothing brand. FRP Advisory has been appointed administrator to the 160-year-old company, owned by fashion entrepreneur Harold Tillman.” TA Associates fashions 30 per cent deal for Zadig & Voltaire (AltAssets) “The US-based firm’s

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