Appetite for luxury, Forerunner’s $40m fund, Billabong bid, September ad counts, Fashion Olympics

Louis Vuitton Spring/Summer 2012 | Source: Grazia

Emerging markets buy into luxury (FT) “Emerging market appetites for high-end handbags, fashionwear, champagne and cognac appeared to be holding up in the first half of the year, according to results from the French luxury goods groups LVMH and PPR.” Forerunner Ventures, an All-Female Firm, Raises $40M Institutional Fund (WSJ) “Despite investing in 21 digital commerce start-ups, some of them prominent, Forerunner

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