Future of Armani, ASOS soars, Intelligent e-commerce, Taobao luxe, Masters of Parsons

Giorgia Armani | Source: Bartarinha

The Future of Armani (WSJ Magazine) “Few people in the fashion world are as entwined with their brands. In most companies, a creative director designs and an executive manages. Armani does both. Many important designers, including Karl Lagerfeld and Marc Jacobs, work under contract for brands that aren’t their own. Armani hasn’t designed for anyone else in more than 30 years.” ASOS profit jumps on overseas

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Room for a change, Milan collections close on high, The way we live, Streetstyle revolution, On to Paris

Bonnie Brooks by Norman Wong | Source: Montecristo

Room for Change (Montecristo) “This encapsulates much of what has been transpiring at the Bay stores across Canada the last few years, a signal that Canada’s iconic department store is entering a new era. It follows the sale of the Hudson’s Bay Company to Richard Baker of the U.S. retail chain Lord and Taylorin 2008, and his appointment of Ms. Brooks to the leadership position at the Bay. Her assignment is to breathe new life

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Givenchy’s pure couture, Burberry shareholder revolt, Made in Britain, Armani for Japan, Rei Kawakubo’s vision

Givenchy Couture by Riccardo Tisci, Autumn Winter 2011-12 | Source: Givenchy

Givenchy: Pure is Beautiful (IHT) “Mr. Tisci’s vision of asking the impossible from his ateliers is part of the story. But the main thread of his collection is the link to those few, rare customers who are searching for the exceptional. And that suddenly seems like 21st century haute couture.” Burberry faces shareholder revolt over ‘excessive’ executive pay (Guardian) “Burberry faces a revolt over executive pay

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Bling is back, Zegna profits grow, Armani interactive, Augmented reality marketing, Chinese models rising

Bono and Ali Hewson for Louis Vuitton | Source: Louis Vuitton

Bling is back (The Economist) “The strength of the recovery was a surprise…. Big brands such as Louis Vuitton and Hermès are the main winners. With their deep pockets, they were able to continue to open new shops and invest in the business during the crisis.” Zegna Sees Sales, Profit Growth (Bloomberg) “Sales will grow ‘well above 10 percent’ this year, led by Zegna’s biggest market of China and

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Cambodia’s silk industry, Armani goes Gaga, Functionality vs flash, Forbes’ Luxe index, Return to sophistication

Dying Cambodian silk using flowers, leaves, and bark | Source: Samatoa

Cambodia Slowly Reweaves Its Silk Industry (NY Times) “Far from the glamour at fashion weeks in America and Europe, Cambodia’s silk industry is struggling to regain the foothold it lost during years of political and civil unrest.” Armani Hitches Wagon to Gaga (WSJ) “The 76-year-old designer’s multimillion-dollar partnership with the 24-year-old pop idol has put Mr. Armani ‘in a new creative

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Exploitation vs experience, Balderton on investing, LVMH beats estimates, Armani odd man out, Denim’s appeal

Fashion industry internships: exploitation or experience? (Guardian) “The haute couture world may be glamorous, but some interns at the gritty end of the business are being exploited in their quest to gain industry experience.” Balderton Capital on its Investment Strategy (The Next Woman) “As we’re seeing lots of companies from different sectors, it gives us a useful vantage point for spotting broader trends,

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Couture jewelry, New Creative Director at Lacroix, Armani slumps, Prada’s secret Chinese shareholder, Rocha II

Chaumet Tiara | Source: Chaumet

Jewelry With Stories to Tell (IHT) “You don’t need 3-D glasses for the sculpted shapes to stand out and the colors to pop. But the high jewelry that had an open day during last week’s haute couture season is finely tuned to the latest fashion.” Christian Lacroix’s New Creative Director is Up for the Challenge (Fashionista) “Besides Sarah Burton at Alexander McQueen, there is no designer in the world with a more

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Armani unveils Dubai hotel, Burberry beauty, Puma’s Q1 earnings soar, Macy’s boosts outlook, The American Woman

Armani Hotel, Burj Dubai | Source: Courtesy Photo

Armani Unveils Hotel in Dubai (WWD) “His first hotel in the world… occupies eight floors of the soaring Burj Khalifa here, a dramatic tower into the sky that is the world’s tallest building. The 160-room hotel, for which almost no expense has been spared, boasts eight restaurants, a spa and three retail outlets.” Burberry forges ahead with beauty range (Independent) “Burberry will launch its line of color

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Italian fabrics in focus, Luxury on Facebook, Men’s at LFW, Milan accomodates Anna, Armani and Prada go Gaga

Italian fabrics by Alessandro Scotti | Source: WSJ

In Italy’s Mills, a New Spin Emerges (WSJ) “Factories in China are proving as adept at copying fabrics as films and handbags… While worried, Mr. Ferla is relying on his quality-focused business strategy.” Luxury Shame Thrives on Facebook (Slate) “According to a new report from research firm Unity Marketing, nearly 80% of ‘affluent luxury consumers’ belong to a social network… Not

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Menswear in online deluge, Armani the Emperor, Robert Polet’s technophilia, Cavalli optimism, Helping Haiti

Fashion goes live on line (AP) "The fall-winter 2010-2011 preview presentations, the first shows of the new decade, got under way over the weekend with a new fashion passion: live online showcasing. Gone are the days when house bouncers, trained to spot potential copycats, blocked any unauthorized person who dared snap a picture during a show." Defiant Armani rules out sale of empire (Financial Times) "Giorgio Armani, the doyen of Italian fashion designers, has ruled out a sale of his global empire and has no plans to step back from day-to-day involvement. Mr Armani sought to quash speculation that he may sell the house to a bigger group, saying he had no need or desire to sell and would always…

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Macy’s announces closures, Prada not for sale, Armani’s first hotel, Thank you Merci, Great Venetia Scott

Macy’s to shut five underperforming stores (Reuters) “Macy’s Inc. said on Tuesday it was closing five of its namesake department stores, affecting about 307 employees, as it pares underperforming locations. Macy’s said it would offer jobs at nearby stores to displaced employees when possible.” Prada: Not for Sale (Business Week) “Prada SpA, the luxury company which has called off four attempts at

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Rue La La sold for $350m, Armani’s succession planning, Hilfiger retail up, TPG’s cool Debenhams profit, Tisci talks

Hilfiger Denim Advert | Source: Muse Amsterdam

Software Maker Buying Web Fashion Discounter (NY Times) “GSI Commerce, which manages the Web sites for major retailers like ToysRUs.com and Zales, announced on Tuesday that it was buying Rue La La, a Boston start-up, in a deal valued at $350 million.” Giorgio Armani organizing staff as successors (Reuters) “Italian fashion designer Giorgio Armani, still frail after a bout of hepatitis, hinted on Tuesday of

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Burberry beats forecast, Chinese bling, Beauty holds strong, Armani’s smart phone, HK gets creative

Handbags, leather goods help Burberry top forecasts (Reuters) “British luxury goods group Burberry beat second-quarter revenue forecasts, helped by demand for handbags and leather goods, and signalled an improvement in some second-half revenue trends.” Chinese Are the New Kings of Bling (WSJ) “The latest to pop the champagne corks of conspicuous consumption is China. The government stimulus, rising consumer

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