A New York-based startup aims to drive sales by integrating user-generated photos posted to Instagram, Twitter and Facebook directly into e-commerce sites.
NEW YORK, United States — Guess Inc reported second-quarter results above estimates due to better-than-expected sales in North America, sending its shares up 18 percent in after market trading.
In a new series, Market GPS, BoF looks beyond the BRICs to the next tier of emerging market opportunities. First up, we examine Africa’s giant, Nigeria.
MUMBAI, India — India is the next great frontier for global retailers, but a daunting array of permits force retailers to pay so-called "speed money" through middlemen or local partners to set up shop.
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
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,
Youth Takes Many Paths (NY Times) “Laura and Kate Mulleavy have had a pretty weird journey since they left their home in Pasadena, Calif., to bring their Rodarte label to New York. It has been a kind of road trip, a theme they have actually sounded in a few collections And, because they haven’t really told us where they are going (maybe they don’t even know), things have a way of getting out of control.” Luxury demand
Designers Start to See in Triplicate (NY Times) “With something like 250 runway shows and parties crammed into the New York Fashion Week that begins Sept. 8, a lot of designers are saying that there must be a better way to show clothes, or at least some way to grab people’s attention for more than a second or two. The latest thing, if a handful of them are correct, would be fashion shows in 3-D.” Guess joins the queue
‘Made in China’ Chic is making Chinese Proud (Red Luxury) “‘The world has used China as a cheap manufacturing land,’ said Shu Shu Chen, communications director for the Hermes Chinese fashion line Shang Xia. ‘This has been the defining thing for the past 10, 20, 30 years. The time has come to move on from that idea.’… While the Far East has traditionally been associated with cheap labor and shoddy production, its reputation is