Prada first-half revenue buoyed by robust Asian growth (Reuters) “Italian fashion house Prada, which competes with Louis Vuitton and PPR’s Gucci, posted a 36.5 percent jump in first-half revenue, buoyed by strong growth in Asia, with sales driven mainly by its Prada and Miu Miu brands.” Bill Blass Fires Designer. Again. (On the Runway) “Jeffrey Monteiro and the rest of the women’s design team at Bill Blass
In this instalment of The Business of Blogging, we speak to Elin Kling, the Swedish blogger behind Style by Kling.
Why Dressing Well Is Costing More (WSJ) “The culprit is the rising price of fabric. Cotton prices climbed a record 91% in 2010, and the price of crossbred wool hit a 14-year high in October, up 50% over 15 months… But higher material costs are only part of the story: Increasing demand caused by rising affluence is another.” New Experience Economy to Drive China Luxury in 2011 (Red Luxury) “Consumer demand