Prada revenues jump, Bill Blass shake up, Magazine newsstand sales drop, Lucky clicks, Elin Kling

| Daily Digest

Jeffrey Monteiro | Source: CDN

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

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Bespoke inflation, Chinese seek experiences, Barneys’ latest hire, H&M and Elin, Missoni’s Museum of Everything

| Daily Digest

Indochino Bespoke Suit | Source: Gear Patrol

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

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