House of Fraser Said to Push for IPO After Ending Talks on Sale

House of Fraser | Source: Flickr

U.K. department-store chain House of Fraser ended talks to be acquired by French retailer Galeries Lafayette, two people familiar with the matter said. House of Fraser, which has about 60 stores in the U.K. and Ireland, will instead press ahead with plans for an initial public offering later this year, said the people, who declined to be identified because the matter is private. The Financial Times reported the U.K. retailer’s

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The China Edit | China’s Flux, E-Commerce Opportunity, Mainland Multi-Brand Stores, Salvatore Ferragamo

From the "Salvatore Ferragamo: Evolving Legend" exhibit at MoCA Shanghai | Source: Flickr

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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The China Edit | Sham Kar Wai, Lane Crawford Shanghai, Galeries Lafayette Beijing, Alibaba’s ‘E-Conomy’

Inside Lane Crawford's new Shanghai Flagship | Source: Lane Crawford

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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Bulgari’s billionaires, Web fashion foray, Top of the world, Fashion over art, Inside Brioni

[caption id="attachment_40456" align="alignnone" width="500" caption="Nicola and Paolo Bulgari | Source: Forbes/Getty Images"][/caption] Bulgari Brothers, Jewelers To The Stars, Are Billionaires Thanks To Tiny LVMH Stake (Forbes) "In 2011, however, French luxury empire Moët Hennessy Louis Vuitton (LVMH) acquired Bulgari in an all-share deal, handing over 3.6% of the conglomerate to the family. Last year, as LVMH’s stock rose, the Bulgaris and nephew Trapani sold a tiny sliver of their stake, reportedly to take care of taxes and other expenses." Amid U.K. Retailer Woes, a Web Fashion Foray (BusinessWeek) "As more British retailers succumb to competition from the Internet, a venture capital firm is underscoring the shift with its first investment in a fashion seller to develop its online business." On Top of the…

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Rosso invests in Marni, Lafayette eyes Printemps, Flickr hopes, Suzanne Belperron, Casting agents

Renzo Rosso | Source: Interview

Diesel boss to take over Italy fashion house Marni (Reuters) “Diesel jeans brand founder Renzo Rosso is poised to take over Italy’s Marni to relaunch the bohemian-chic fashion house on foreign markets, the company said. The all-Italian acquisition is a rare case in a luxury industry where most deals are made in France and Asia, and confirms Rosso as a dynamic fashion entrepreneur in Italy.” Galeries Lafayette To

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Robert Duffy’s role, Mulberry shares tumble, Star shopping, Brands as publishers, Aubin & Wills folds

Robert Duffy | Photo: Robin Sinha

Marc Jacobs: A Conversation with Robert Duffy (Port Magazine) “Ask any creative person trying to make a living from design or art what the hardest part of their working life is and they’ll probably tell you it’s the business side of the company that keeps them awake at night…  So it must have been a relief for Marc Jacobs when he, 28 years ago, met and befriended Robert Duffy.” Mulberry shares tumble on profit

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Ascher London relaunched, Galeries Lafayette to China, Hermès’ suitor, Tiffany ups forecast, Watching Latin America

Ascher printed floral mohair boucle for Cardin 1958 | Source: Telegraph

Ascher London is relaunched (Telegraph) “The once-legendary scarf brand Ascher was famous for its collaborations with the 20th century’s most illustrious artists. Now the founder’s grandson is setting out to revive the tradition.” Galeries Lafayette in Beijing return (FT) “The group said it expected its first store to open in Beijing in 2013… The announcement comes three years after Galeries

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