Permira holds Boss, Chanel wins suit, Vuitton’s new ads, Recession’s reality on Rodeo, Christmas trading

| Daily Digest

Rodeo Drive | Source:

Permira to keep Hugo Boss, ProSieben for years (Reuters) “Permira doesn’t plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company told Reuters.” Chanel wins counterfeit case but is forced to pay damages (Telegraph) “A seamstress who took Chanel to court for stealing her small firm’s crochet pattern has lost her

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Mittal saves Escada, Victoria’s Secret to Europe, Upmarket eBay, Asia boosts Hermès, Chanel goes to court

| Daily Digest

Megha Mittal to buy luxury fashion house Escada (Reuters) “‘Today the insolvency administrator of ESCADA AG signed a sale and transfer agreement with one of the Mittal Family Trusts,’ the company said in a statement late on Thursday after the preliminary creditors’ committee approved the deal.” Victoria’s Secret unveils plans for launch in UK and Europe (Retail Week) “US fashion and beauty giant

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Copycat Culture | The Shape of Things

Brussels | Intelligence

Chanel No 5 bottle | Source: Chanel

BRUSSELS, Belgium — Sometimes, a mere glimpse of a product’s silhouette is enough to tell which designer or fashion house created it: the Chanel No 5 perfume bottle, the toe of a Berluti shoe, the unique shape of the Fendi baguette. Today, there is renewed interest in these kinds of classic products as shape and design have made a return in making a product desirable, especially now when consumers don’t want their

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Chanel’s Future, Chinese luxury tastes, Cautious Green, Givenchy couture, E-tailers struggle for marketshare

| Daily Digest

Chanel Haute Couture show, courtesy of The New York Times

Chanel, Now and Then (New York Times) Cathy Horyn discusses the future of Chanel with Karl Lagerfeld. Louis Vuitton, Cartier Are Preferred by Chinese, Survey Shows (Bloomberg) “Louis Vuitton and Cartier are the top choices of Chinese consumers for purchases as their thirst for luxury goods remains unabated in the global economic crisis, a survey commissioned by Ruder Finn Asia showed.” Sir Philip Green cautious on

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Rumour Mill | Karl Lagerfeld to leave Chanel?

Intelligence | Paris

Karl who?

PARIS, France – We don’t actively engage in the rumour mill here on BoF, but when the whispers involve Karl Lagerfeld, Olivier Theyskens and Alber Elbaz in a Lanvin and Chanel merry-go-round, it seems worthwhile to engage in a bit of Friday afternoon fashion speculation. Today, Diane Pernet has published a bombshell post outlining this scenario: “This is not a fact until you officially read it somewhere else but rumour

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