Escada bidding heats up, Languishing malls in Brazil, Valentino finds balance, Japanese luxe, H&M’s secret weapon

Escada Autumn/Winter 09 | Source: Escada

A fashion coup (NY Post) “There is a new player in the international bidding war for a European luxury brand. The owner of Faconnable has emerged as one of the buyers likely to scoop German fashion house Escada out of bankruptcy.” Luxury malls languish in booming Brazil (UPI) “Dozens of new luxury malls remain nearly empty all over Brazil. Luxury boutiques would not release sales figures but analysts and sales

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H&M misses forecasts, Embracing social media, Return of sportswear, Boutiques find hope online, Acne’s fashion cred

Jimmy Choo for H&M Autumn/Winter 09 | Source: H&M

H&M Same-Store Sales Continue Falling In September (Dow Jones) “Fashion retailer Hennes & Mauritz AB Thursday missed forecasts by posting a 8% drop in September comparable sales as it continued to suffer from consumers reining in spending during the economic slowdown.” Luxury Fashion Brands Must Embrace Social Media (Forbes) “Image is everything to luxury fashion companies. Preserving prestige is what sets

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Rykiel for H&M, Fashion interns, New Look to go public, Artists inspire fashion, Real fashion muses

Sonia Rykiel

H&M signs Sonia Rykiel (Drapers) “Swedish clothing chain H&M has signed French fashion veteran Sonia Rykiel to design a range of lingerie and related accessories to be launched on December 5.” Job Wanted — and Pay Would Be Nice (New York Times) “Many of Britain’s most successful brands may be rich in creativity, but they are poor in revenue. So when a collection appears on the catwalk, often those

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H&M sales disappoint, LFW looks forward, Condé Nast prepares for cuts, Leibovitz for LV, Luxury and social media

Jimmy Choo for H&M, courtesy of H&M

H&M August sales disappoint (FT) “Hennes & Mauritz, the world’s third-biggest clothing retailer by sales, on Thursday announced a 4 per cent increase in third-quarter earnings but August sales were worse than expected.” Eye on London: Fashion Week at a Turning Point (WSJ) “A three-year, $6.9 million funding package from the London Development Agency has helped fund the British Fashion Council’s

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Leibovitz in limbo, Murjani’s move, Condé Nast crackdown, Prada’s transformer, H&M July sales disappoint

Annie Liebovitz, courtesty of Seattle Arts and Lectures

How Could This Happen to Annie Leibovitz? (New York Magazine) Annie Leibovitz’s “debts now total a staggering $24 million, consolidated with one lender with whom she is engaged in a lawsuit and due in September.” Murjanis seen recasting fashion assets in India (Economic Times) “The Murjanis have decided to exit the luxury space and stay focused on the super-premium segment after bearing the brunt of the

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The Verdict | Gap’s 1969 Premium Jeans

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Introducing the Gap’s new 1969 Denim VANCOUVER, Canada — Those of you in North America over the past week can’t have missed the media bombardment from the Gap, the ailing San Francisco-based mass fashion retailer, as it announced the launch of its new 1969 premium denim range, with six new fits for women and seven new fits for men. Huge full-page ads featuring Anja Rubik appeared in the Thursday Styles section of the

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Burberry sales slow, H&M down, End of throwaway fashion, WGSN in India, Hilfiger to lead incubator

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Burberry’s Sales Growth Slows in First Quarter (WSJ) “U.K. luxury fashion group Burberry PLC Wednesday reported a further slowdown in sales growth in its fiscal first quarter as the economic downturn continued to hold back demand, but the company remains confident it can deliver growth over the long term.” Click here for a behind the scenes look at the most recent Burberry campaign featuring Emma Watson. H&M

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H&M gains, Menswear in ‘Flow’, Saunders returns to London, Fashion for a cause

H&M spring 09 ad campaign, courtesy of H&M

H&M Profit Increases on New Stores, Stronger Euro (Bloomberg) “Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported a 6 percent profit increase for the second quarter after store openings and the stronger euro offset slower consumer spending.” In the Comfort Zone in Milan (New York Times) “EVEN if anyone could pronounce it, Mihaly Csikszentmihalyi is not a name you’re likely

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Jimmy Choo for H&M, Burberry sees stabilization, Tod’s to experience growth, Pitti Uomo quiet

Jimmy Choo for H&M, courtesy of H&M

Jimmy Choo to Design for H&M (WSJ) “Swedish fashion retailer Hennes & Mauritz AB on Wednesday unveiled the name of its next designer collection team-up: British accessory brand Jimmy Choo.” Burberry Chief Says Luxury Demand Is ‘Stabilizing’ (Bloomberg) “Burberry Group Plc Chief Executive Officer Angela Ahrendts said luxury demand is leveling out as the market slowdown nears its first

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H&M gains, Dior releases trailer, Esprit opens new stores, LV exhibit to open in HK, De La Renta looks to the Gulf

H&M S/S 09 ad campaign, courtesy of H&M

H&M’s 8% April Comparable Sales Gain Breaks Trend (WSJ) “Fashion retailer Hennes & Mauritz AB Friday said April sales in comparable stores rose for the first time since July, indicating that it may be recovering from the global trend of consumers reining in spending amid the economic slowdown.” Dior Jumps on the Viral-Video Bandwagon (NYMag.com) “The House of Dior will release a short film on May 20,

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Williamson’s H&M debut, LVMH Q1 positive, Japanese m-commerce, Brooks turns around The Bay

Matthew Williamson, courtesy of H&M

H&M launches Matthew Williamson collection (Drapers) “Hundreds of frenzied shoppers descended on H&M’s Oxford Circus store in London like locust this morning, eager to get their hands on a the Matthew Williamson collaboration.” LVMH 1Q Revs Slightly Up On Fashion, Leather Goods (WSJ) “French luxury conglomerate LVMH Moet Hennessy Louis Vuitton SA Wednesday posted a modest rise in first-quarter

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Levi’s profits drop, Istithmar injects Barneys capital, H&M’s miss, Debenhams and Henry Holland

Levis S/S 09 Ad campaign, courtesty of Levis

Levi’s sees Q1 profits slashed (Drapers) “Net income at denim brand Levi’s sank by 50% to $48 million (£32m) in the first quarter ended March 1.” Istithmar provides ‘significant’ loan for Barneys (AP) “Istithmar World Capital says it has provided a “significant” level of additional capital to support upscale retailer Barney’s New York.” H&M March Same-Store Sales

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Browne down, Indian fashion, H&M currency hit, America’s favourite retailers, Fashion inclusiveness

Thom Browne, courtesy of NYMag

Is Thom Browne Going Downe? (Blackbook) With lavish spending on tailors and elaborate shows, Thom Browne’s business may be amongst the first high-profile independent designers to face financial difficulties as demand for his high-priced shrunken suits wanes. Breaking into the West is hard to do (IHT) Due to Indian designers “lack of Western-style business structure and of financial support” their effort to break

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