Billion-dollar Burch, Surviving 2013, Hermès buys tannery, Mobile shopping, Menkes honoured

| Daily Digest

Tory Burch | Source: Maria Shriver

Tory Burch has good reason to party after a billion-dollar brainwave (Telegraph) “Tory Burch may well just have made a $1 billion faster than any other woman in history; faster, possibly, than even that alpha male of fashion, Ralph Lauren. After a fair amount of hoo-ing and haa-ing, Burch, who owns 28.3 per cent of her label, quietly settled a dispute with her former second husband Chris Burch on New Year’s Eve, which

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Market Pulse | Reassurance

| Market Pulse

Savigny Luxury Index November 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (‘SLI’) increased by almost 3 percent in November, while the MSCI World Index (‘MSCI’) slipped nearly 1 percent for the month.  From mid-November, global markets and the SLI enjoyed a strong rally on better economic news from China and hopes that the US might avoid the feared fiscal cliff. Big news A flurry of positive economic newsflow has lifted investors’

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Longchamp’s journey, Nordstrom profit up, Richemont co-CEO’s, ASVOFF, Hi-tech Hermès

| Daily Digest

Longchamp: A long way from pipes in Paris (Independent) “Longchamp’s signature product is a handbag seen on the arms of hundreds of women everywhere from London to Sao Paulo and Singapore. Its Le Pliage foldable handbags launched in 1993 and the company still sells three million of them every year, helping to explain a recent 22 per cent growth in group sales. Despite its products being a common sight among the masses,

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Fast fashion fatigue, Hermès forecasts, Yoox results, Mideast online promise, Westwood’s passion

| Daily Digest

Undercover for Uniqlo Autumn/Winter 2012 | Source: Hypebeast

Gap Gains With Zara Responding to Fast-Fashion Fatigue (BusinessWeek) “Call it fast-fashion fatigue. Millennials, after years of settling for apparel retailers’ downgraded fabrics and workmanship, are pushing for higher- quality clothing again, and chains are getting the message. Gap Inc., the biggest U.S. specialty-apparel retailer, and Fast Retailing Co. Uniqlo are able to charge more for better basics.” Hermès lifts

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A 4th dimension, Hermès endures, Moncler appeal, Fashion incubators, Marino’s star status

| Daily Digest

Peter Marino | Source: Architectural Digest

Then Comes the 4th Dimension (IHT) “To be modern in fashion today, a designer needs a sculptural knowledge of the human body, an architect’s understanding of graphic proportions and an ability to absorb the digital revolution.  Then comes the fourth dimension. The Paris shows for summer 2013 over fashion’s long weekend have divided the protagonists into those who get the depth of possibilities — and those who are still making

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