The China Edit is a weekly curation of the most important must-read fashion business news and analysis from and about the world’s largest luxury market.
METZINGEN, Germany — Hugo Boss AG said first-quarter operating profit fell 11 percent as the German luxury-clothing maker changed its collection cycle and economic conditions remained difficult in Europe.
METZINGEN, Germany — Hugo Boss AG, the German luxury- clothing maker controlled by buyout firm Permira Advisers LLP, forecast operating profit will rise this year after it expanded its store network by a third in 2012.
New York’s Grimy Garment District Hatches Designers’ Dreams (NPR) “A recent survey found that 47 percent of New York’s designers say they have their samples — prototypes of what you eventually see in stores — made in the Garment District. According to a 2012 report published by the Design Trust for Public Space, apparel production is the largest manufacturing division in New York City. It provides 24,000
Balenciaga Taps Alexander Wang (IHT) “Alexander Wang on Monday became the first designer of Asian descent to enter the highest ranks of Parisian high fashion when he was named creative director of the storied house of Balenciaga.” Hugo Boss dresses in the fast lane (FT) “In the four years he has been in charge Mr Lahrs has reduced development times for collections, moved from two to four collections per year and