Luxury spending rebounds, Mr. Miuccia, Della Valle ups Saks stake, Tokyo sets sights on new gen, Return of the it bag?

| Daily Digest

Roger Vivier Miss Viv | Source: Holt Renfrew

What The Rich Are Buying Now (Forbes) “While most consumers aren’t returning to their pre-recession shopping patterns, there has been a rebound in luxury spending lately. Ultra affluent shoppers … have started to come out of hiding” Miuccia and Me (WSJ) “Bertelli, is the mastermind behind a label most people associate with his wife, Miuccia Prada, the avant-garde designer who has created global

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Della Valle bets on Safilo, UK retail gains, Upsetting the fashion cycle, Karen Walker expands, John Rocha in profile

| Daily Digest

Courtesy of YSL

Safilo “good investment” – Italy’s Della Valle (International Business Times) “The Della Valle family’s stake in Italian debt-laden eyewear maker Safilo is a “good investment” and the company could do “great things” with a local rival, Diego Della Valle said in a Saturday newspaper interview.” Retail like-for-likes rise 2.8 percent in September (Drapers)

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