Fashion’s family values, Céline’s new sensation, Jimmy Choo’s fragrance, Paper endures, Giles in Paris

Reiss A/W 09 | Source: Reiss

When a Bottom Line Isn’t Just About Profit (New York Times) “As the fashion industry struggles with a global economic downturn and a rapidly changing consumer landscape, qualities that are at the heart of family and owner/founder businesses, like a consistent vision and a long-term approach, seem to be helping those companies ride out the storm.” Fashion house Celine says 2009 year of transition (Reuters)

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Phoebe’s philosophy, The Economist on LVMH, Cavalli on department stores, Cycling chic, Luxury thrives in Asia

Céline ad campaign, courtesy of Céline

Fast-Forward Phoebe (Vogue) “Phoebe Philo always had an uncanny gift for defining exactly what cool women want to wear. Now she’s back, reinventing Céline for a new era.” LVMH in a recession: The substance of style (The Economist) “The world’s biggest luxury-goods group is benefiting from a flight to quality, but the recession is also prompting questions about the company’s breadth and balance.”

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Ittierre’s bankruptcy, January discounts, Phoebe Philo at Céline, American Eagle sues Citibank, Twitter trends

IT Holding’s Ittierre Unit to File for Bankruptcy (Bloomberg) Ittierre, the parent company of Malo and Ferré files for Bankruptcy Discounting drives January sales (Drapers) In the UK, deep discounts drove January sales but clothing sales dropped to its lowest rate. Phoebe Philo is redefining soul of Céline (IHT) With Phoebe Philo at the helm, “the focus is to redefine the soul of Céline, which started out as a

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