Gucci’s payoff, Tales of Hermès, Hong Kong rents spike, Runway tweens, Theyskens’ singular voice

| Daily Digest

Gucci Spring/Summer 2012 campaign | Source: Gucci

Gucci wins $4.66 million, ban on Guess knock-offs (Reuters) “A U.S. judge said Gucci may recover just $4.66 million in its lawsuit accusing apparel retailer Guess Inc of copying its trademarked designs, a small fraction of the more than $120 million sought by the Italian luxury goods company.” Hermès tells a playful tale of leather (IHT) “Every invention by Hermès, the French leather goods company, seems to have a

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Fashion partnership, Shoedazzle pivots, Curation superheroes, Extreme e-commerce, Li Bingbing

| Daily Digest

Humberto Leon and Carol Lim by Gregory Harris | Source: Interview

Humberto Leon and Carol Lim (Interview) “When Humberto Leon first met his future close friend and business partner Carol Lim 19 years ago at the University of California, Berkeley, Lim was in her pajamas. ‘I met her at a friend’s house and said, ‘Let’s go out!’ So Carol just put on heels with her pajamas and we had a really fun night,” Leon recalls. “That’s how it all started.”

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Bonobos raises $16m, Gilt Groupe gabs, PPR downgrade, Fashion Television folds, Moscow men

| Daily Digest

Andy Dunn | Source: NY Times

Stores Go Online to Find a Perfect Fit (NY Times) “When Andy Dunn helped start Bonobos five years ago, he wanted to shake up the retail industry with a men’s wear brand exclusively sold online. Now Mr. Dunn, 33, is embracing the brick-and-mortar model, striking a partnership with Nordstrom. It is a symbiotic deal. Bonobos will get $16.4 million in cash and more than 100 stores to sell its clothes, while Nordstrom will get

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Reorganising for growth, Cucinelli IPO, Digital retail tools, Reimanns unmasked, Pinvolve

| Daily Digest

Givenchy store Paris | Source: Paris.com

Luxury Goods Oust Executives With Global Economy in Flux (Business Week) “Luxury-goods makers are spring cleaning their boardrooms and ateliers. At least 14 new presidents, chief executive officers, chief financial officers and creative directors started at European companies, including Mulberry Group Plc and PPR SA in the first quarter alone.” Cashmere house Cucinelli IPO approved by Milan bourse (Reuters)

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Gucci vs. Guess, H&M hiccup, Too fashion forward, Facebook clears IPO hurdle, Altuzarra’s passion

| Daily Digest

Guess store Shanghai | Source: Fabeau

Gucci Accuses Guess of Massive Design ‘Knock Off’ Scheme (Bloomberg) “Gucci, a unit of Paris-based, sued in 2009 claiming that Los Angeles-based Guess was selling items in stores and online with logos that are ‘studied imitations of the Gucci trademarks.’ The trademarks include a green and red stripe design, a square G, the designer’s name in flowing script and a diamond pattern with repeating interlocking G’s,

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