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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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

| Daily Digest

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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