Burberry’s blowout, Ford’s funding, Luxury rents drop, Clements Ribeiro’s comeback, Luxury expands in Calgary

| Daily Digest

London Fashion Week: Burberry (Telegraph) “A shower of silver sequins rained down on 1,500 guests in a vast white tent in the grounds of the Chelsea College of Art & Design last night (Tuesday), creating a starry climax to the Burberry Prorsum show at London Fashion Week.” Burberry Jumps After Ahrendts Says U.K. ‘On Fire’ (Bloomberg) “Burberry Group Plc rose as much as 5.8 percent in London trading after Chief

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Michael Burke on Luxury, Menswear second lines, Clements Ribeiro returns, Protests threaten Bread & Butter

| Daily Digest

Craft Punk exhibit in Miami, courtesy of Fendi

Why Luxury needs a recession (Business 24-7) “Michael Burke, President and CEO of Italian fashion house Fendi, has always maintained that luxury should not be affordable. ‘It cannot be, it shouldn’t be for everybody,’ he insists. ‘The way the products are made, the quality and the works… luxury is not for instantaneous gratification. One should aspire for it.’” Distinctive Men’s

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