DVF in China, Penney’s pressure cooker, Hilfiger eyes India, Textile solutions, Matthew Stone

| Daily Digest

Diane von Furstenberg | Source: Baldomero Fernandez

Diane von Furstenberg on ‘the China Century’ (WSJ) “Virtually every luxury marketer has China in its sights, and while Ms. von Furstenberg is no different, she says she is taking a more personalized approach to the country’s rising middle class. They appear to be responding: She now has more followers on Weibo than on its American equivalent, Twitter.” J.C. Penney’s pressure cooker (MarketWatch) “The chief

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DVF and Mispelaere, Twitter sales, Material Wrld, Reversing Japan Inc’s decline, British reboot

| Daily Digest

Adam Rapoport | Source: The Dapper Dude

‘I am having a flashback!’ (FT) “Diane von Furstenberg, 65, invented the wrap dress in 1974 at the age of 27; in 1983 she sold her company, later moving to France. She returned to New York in 1990 and relaunched her own brand in 1997… Yvan Mispelaere, 44, became creative director of DVF in 2010, following stints at Gucci, Chloé and Valentino.” Twitter Most Likely To Convince Customers To Buy (Huffington Post)

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Right direction, BCBG struggle, Behind the catwalk, Big Bucks at NYFW, Sarah Mower on London’s rise

| Daily Digest

Derek Lam Autumn/Winter 2012 | Source: NY Times

Things Turn in the Right Direction (NY Times) “As if by agreement, or maybe decree by the empress herself, Diane Von Furstenberg, the dreariness that had settled over the first days of the fall shows vanished on Sunday with collections full of great clothes in vibrant colors… Zac Posen also sent out a good collection, rich in color, though stuck in a lady-as-a-vamp time warp.” BCBG’s Off-the-Runway Struggles (WSJ)

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Global Briefing | How to Seize the China Opportunity, Beyond Store Openings

Global Briefing | Global Currents | Shanghai

BEIJING, China — According to Bain & Company, a consulting firm, China is currently the world’s second largest consumer of luxury goods, ahead of Japan and second only to the United States. McKinsey forecasts that by 2015, China will account for around 20 per cent, or 180 billion renminbi (US$27 billion) of global luxury sales. With numbers like these, it’s no surprise that a major land grab is underway amongst fashion brands

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Made in Britain, Marc by Marc turns 10, L Capital targets India, Versace turnaround, DVF eyes mainland China

| Daily Digest

Christopher Kane | Source: Styles and Sounds

Britain’s got it all sewn up (Telegraph) “Ten or 15 years ago… ‘Made in Britain’ was a synonym for doomed amateurism in the fashion field. Now, through meticulous hard work… things have turned around… So let me be the first to wave the flag on behalf of the innovators who’ve created an unsung virtuous economic circle which is underpinning and developing a skilled network of factories

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