MILAN, Italy — Loro Piana, an Italian luxury textiles maker and fashion house, is so particular about its materials that it bought its own natural reserve in the mountains of Peru to protect the vicuna, an endangered species that yields a precious wool.
MILAN, Italy — Our roving photographer Sonny Vandevelde brings us backstage imagery from the final days of Milan Fashion Week, with striking photos from the Versace, Sportmax, Blumarine, Marni, Gianfranco Ferre and Armani shows. Sonny Vandevelde is a contributing photographer at The Business of Fashion.
China First: Coaxing or Kowtowing? (Luxury Society) "Last Wednesday, Burberry joined the ranks of such other megabrands in this quest to show China not only that they mean business but that they are putting the country first... Offering a technologically enhanced ‘debut’ geared toward China’s youth is also a strategic one, considering that 73% of luxury buyers in China are under the age of 45." Aquilano and Rimondi out at Gianfranco Ferré (Fashion Etc) "When questioned about the designers' fates at the label's Fall 2011 show in February, Paris Group's Abdulkader Sankari and his son Ahmed are said to have cut Aquilano and Rimondi loose in the face of weak sales figures. 'Sales didn’t go well at all and the…
Surface Attraction (IHT) “Sculpted shapes, clean lines and modernist architecture — why is the fashion ‘streamlining’ of today any different from its previous incarnations of the 1930s to the 1990s?… The answer lies on the surface. A combination of hyper-modern fabrics and imaginative decoration is giving 21st-century style a third dimension.” Galliano counter-sues over racist allegations (FT)
The story of Ugg (Telegraph) “Clumpy or comfortable, hideous or heaven-sent, few shoe styles have proved as divisive as Uggs. The boots – originating from Australia – have outlasted all forecasts of their demise, and rocketed to ubiquity as one of the footwear industry’s biggest success stories of the past decade.” Offer Submitted on Gianfranco Ferré (Fashionologie) “Gianfranco Ferré might have
Milan Steps Out of the Back Seat (NY Times) “This has been a brilliant season for Italian fashion, a reminder that Milan can be a stronghold for new and exciting design… It’s hard to remember a season here in the last decade when excellent collections were the norm and not the exception.” Made in Britain: Flying the Flag for UK Manufacturing (Telegraph) “A few fiercely patriotic brands are putting their
India, Brazil on hold, luxury targets Middle East (Economic Times) “Luxury groups discouraged by thickets of red tape and taxes are putting on ice ambitions to expand into India and Brazil and focusing instead on the Middle East, their No.2 priority after fast-growing China.” Auction of Fashion House Gianfranco Ferré to Begin (WSJ) “The auction of bankrupt Italian fashion house Gianfranco Ferré SpA kicks off
Best of British: Why Burberry has the fashion business all wrapped up (Times) “It fought the fakers, weathered an image crisis and resisted recession to become the darling of the FTSE 100. On the eve of Burberry’s return to London Fashion Week, Susannah Frankel checks out how a trenchcoat company became the British design phenomenon of the decade.” Gianfranco Ferre defies crisis with major revamp (Reuters)
Escada sells off Apriori, Cavita and Laurèl (Drapers) “Escada has sold off its Apriori, Cavita and Laurèl womenswear brands which operate under its Primera subsidiary, to German investment firm Mutares.” Ferre and Damiani announce cooperation (Forbes) “The Gianfranco Ferre fashion house, which suffered the death of its founder and the bankruptcy of its holding company in the span of two years, said Tuesday it was
IT Holding’s Ittierre Unit to File for Bankruptcy (Bloomberg) Ittierre, the parent company of Malo and Ferré files for Bankruptcy Discounting drives January sales (Drapers) In the UK, deep discounts drove January sales but clothing sales dropped to its lowest rate. Phoebe Philo is redefining soul of Céline (IHT) With Phoebe Philo at the helm, “the focus is to redefine the soul of Céline, which started out as a
The Complicated World of American Apparel (WWD) Amid one of the most dismal retail environments on record, American Apparel has posted a 3% profit. New Info Shoppers (WSJ) Over the past few years, a new class of strapped consumers has been poring over product spec sheets, third-party reviews and expert blog sites to find the best value. Hail the “new info shopper.” Wave of Bankruptcy Filings Expected From Retailers in