Poland’s new wealthy, Gap rebounds, H&M sourcing woes, Social retailing, Bengali style setters

Warsaw skyline | Source: Travelpod

A market for the newly wealthy (FT) “Luxury is a relative concept. In Poland just over two decades ago, it was the height of luxury to have a steady supply of toilet paper, a washing machine and a few US dollars to buy some stick deodorant at a Peweks hard currency shop.” Gap Channels Best Quarter With Banana Republic’s Mad Men (Bloomberg) “Clothing based on the 1960s ‘Mad Men’ styles of Don Draper and

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U.S. retail catch-up, Asos magic, Benetton handover, H&M expansion, Hanneli Mustaparta

American Eagle Outfitters | Source: Store Appeal

U.S. retailers play catch-up in fashion speed race (Reuters) “After years of losing customers to Europe-based retailers that give young shoppers fresh fashions more quickly, U.S. clothes retailers are fighting back.” A Magic Formula: Recession-proof collections from Asos (Independent) “Few brands are posting a rise in sales right now, let alone an increase of almost 50 per cent. But the online fashion and beauty

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Lunch with Alexandra Shulman, Fashion pinch, H&M spike, Jaeger sold, Australia dropouts

Alexandra Shulman | Source: Mih Jeans

Lunch with the FT: Alexandra Shulman (FT) “But she is a big deal, and this is a big year for her and for Vogue. It’s Shulman’s 20-year anniversary as editor, this month she’s publishing her first novel, Can We Still be Friends, and Vogue is staging its first festival.” Discount fashion chains feel the pinch (FT) “In a market under pressure there are winners and losers. Fashion-conscious consumers are still making

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Dolce & Gabbana’s world, Luxury rises in the East, Ethical H&M, Wizards of Cos, Jenny Lauren

The Sicilian Baroque collection by Jason Lloyd-Evans | Source: Telegraph

The gilded world of Dolce and Gabbana (Telegraph) “The idea that Dolce & Gabbana, both the company and its clothes, are the ‘child’ of the two men who created it recurs repeatedly… By 2002 the company/child they could have ‘killed’ in the fallout had already grown into one of Italian fashion’s most momentous commercial juggernauts.” Luxury goods: style rises in the east (FT)

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

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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Versace returns to profit, Shoptiques’ pull, Quincy conquers sizing, Manolo in Bath, H&M luxury?

Versace Spring/Summer 2012 | Source: de Luxe

Versace upbeat after return to profits (FT) “Gianni Versace, the Italian fashion house known for its high-wattage glamour, has returned to profit after a three-year hiatus, underlining a turnround at the brand after it almost collapsed during the financial crisis. Net profit at the fashion house led by Donatella Versace, sister of murdered designer Gianni, rose to €8.5m last year, up from a loss of €22m in 2010.”

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Inside Ferragamo, Spurr exits, H&M sales up, LVMH charms Fabindia, Waight-Keller on Paris

Massimiliano Giornetti | Source: Heart 2 Heart

Inside the mind of Salvatore Ferragamo’s new creative head (Independent) “Creating a global wardrobe is just the tip of the role Giornetti was handed two years ago. Having been a menswear designer for the brand for 10 years, working his way up to head the division, Giornetti took over the helm of womenswear too in July 2010 after a series of creative directors had failed to make a lasting impact with their

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Beckham’s appeal, Marchetti ups stake, Magazine changes, Fashion tech boom, Scott Schuman Q&A

Chinese Consumers in Louis Vuitton | Souce: Luxuo

David Beckham Fetes H&M Launch in London (WWD) “It takes an unusual amount of sex appeal for a man to make a pair of long johns look good — and David Beckham has pulled it off. After serving as the face and body for Armani Underwear, Beckham decided to develop his own range together with his business partner and manager, the entertainment mogul Simon Fuller.” Yoox Chief Marchetti Raises Stake, Forecasts Strong U.S.

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Caution in China, Prada slump, Fashion week flare up, H&M sales lag, Julia Restoin-Roitfeld

Salvatore Ferragamo China | Source: Moda Online

Luxury brands turn cautious on China (FT)  “Watching three malls open within a square mile over the past year and a fourth preparing to follow, all with their share of luxury boutiques, Beijingers may think that soon their city will have as many Louis Vuitton and Salvatore Ferragamo stores as bank branches or McDonalds restaurants. But things might be on the verge of changing.” Prada Poised to Extend Slump as China

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