The return of Tom Ford, Google targets fashion, Burberry’s better margins, Billy Reid wins, Redefining beauty

Tom Ford Spring/Summer 2011 | Source: Vogue.com

Mr. Ford Returns (Vogue.com) “[Tom Ford] is doing things differently this time. He objects to the way the Internet eats up fashion images before the clothes can be bought. He despises sections of the press. Private and formal are terms he favors now. And he’d rather people didn’t ‘Tom’ him anymore. At 49, he lets it be known he prefers “’Mr. Ford.’” Google targets fashion market (Guardian)

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Chanel growing old, Chinese spending power, Macy’s posts gains, The laws of fashion, Angela Ahrendts cashes in

Angela Ahrendts | Source: The Guardian

Chanel’s luxury dream is turning to dust (Marketing Week) “According to the company’s 2010 estimates… [Chanel] lost 11% of its brand value over the past 12 months. It’s a rare glimpse into the actual state of Chanel’s brand health.” Chinese spending power underestimated, study says (Market Watch) “Chinese households have far more money than previously thought… property companies and even European

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Jil Sander’s Uniqlo glow, Theyskens in the middle, Overdiversification risks, Versace banks on 2011, CFDA awards

Jil Sander Bathes in the Glow of Uniqlo (NY Times) “This sensitive yet strong woman, trained as a textile expert, created a fashion house… and listed her company on the Frankfurt stock exchange… The fact that she walked out twice on Prada… is part of 21st-century fashion legend.” Taking the High Cost Out of Haute Couture (IHT) “In the spirit of the Jil Sander/Uniqlo collaboration — but at a

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Valli courts royals, Benetton CEO to step down, Ralph’s online show, Brazil’s emerging luxe, CFDA nominees announced

Giambattista Valli Autumn/Winter 2010 | Source: Style.com

Inside a Jet-Set Designer’s Atelier (WSJ) “Mr. Valli has become a go-to designer for the rich and royal. Producing confections of silk satin, cashmere and tulle that have been compared to Rolls-Royce sedans and have prices to match, he has dressed clients from Queen Rania of Jordan to Sarah Jessica Parker.” Benetton CEO Leaving In April After Sales Drop (WSJ) “Italian clothing retailer Benetton Group said

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New Look IPO confirmed, Valentino rebounds, Uniqlo comes up short, CFDA incubator, The Luxury Prime

Giles Deacon for New Look | Source: Journal Live

New Look to raise £650m in IPO as it takes on high street old guard (Telegraph) “New Look aims to raise £650m by returning to the stock market, giving it the funds to repay debt and keep taking business from high street stalwarts Marks & Spencer and Next.” Valentino Sales Rebound May Signal More Openings, Chief Says (Business Week) “Retailing revenue rose at a ‘double-digit’ pace in the last two

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Sander consults, Delhi gets ready, Moncler fever, CFDA nominees, Escada tumbles

Jil Sander and Tadashi Yanai, courtesy of AFP

Jil Sander to join Uniqlo (Drapers) Jil Sander is set to become a design consultant at Uniqlo, “which will see her take overall creative control of the value fashion chain’s womenswear and menswear ranges.” Delhi gears up for two fashion ‘weeks’ (India PRwire) “Term it excess in times of a global economic slump, but two parallel events – the Wills Lifestyle India Fashion Week (WIFW) and the

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CFDA/Vogue Fashion Fund: The results are in

The results are in. After receiving more than 100 applications for the 2007 edition of the CFDA/Vogue Fashion Fund, a jury of who's who fashion personalities has chosen the following emerging brands as finalists in this year's competition: 3.1 Phillip Lim Band of Outsiders Erin Fetherston Koi Michael Bastian Philip Crangi Rogan Threeasfour Vena Cava VPLOn a big news day like this, people will be googling these designers' names to learn more about them and their products. Thus, it is surprising that so many of these brands lack a meaningful, proprietary web presence and are therefore leaving it to others to describe their brands to the world. It's such a low-cost way of providing a window into the brand and…

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Crowning glory: The CFDA/Vogue Fashion Fund

For all of you budding young designers based in America, the CFDA has officially begun its annual search for America's most promising young designers. Each year, the CFDA awards a $200,000 grant to the winner, along with mentoring from a recognised fashion business guru as part of the CFDA/Vogue Fashion Fund.  Past winners include the intelligent and talented Doo-Ri Chung (looking super glam in this ad) who is mentored by J.Crew's legendary Mickey Drexler and the refined-beyond-their-years Proenza Schouler design duo, Jack McCullough and Lazaro Hernandez, who were mentored by Burberry's impressive former CEO, Rose Marie Bravo. This is a really great initiative from the CFDA and other venerable fashion names like Barneys New York and Vogue. That said, I…

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