Luxury leads recovery, Asos launches US site, Italians invest in India, Fast Retailing sees decline, Runway top ten

Neiman Marcus, Boston | Source: ICSC

US luxury stores outperform rest of retail sector (FT) “US luxury department stores outperformed the rest of the retail sector during September, underlining the extent to which more prosperous shoppers are leading the recovery in consumer spending.” Asos launches US site (Retail Week) “Asos is promoting the new website, Us.asos.com, by giving US customers free delivery. It plans to launch French and German

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Paris and Milan stay safe, Gucci repositioning, Indian luxury lags, L Capital invests, Counterintuitive Krakoff

Ferragamo Autumn/Winter 2010 | Source: Ferragamo

Fashion Opts for Safety in Paris, Milan (Bloomberg) “Even amid signs that demand for luxury clothing and accessories is returning, makers of the goods will ‘play it safe’ for spring-summer 2011, according to Sue Evans, senior editor of catwalks at fashion forecaster WGSN.” Gucci Unpacks ‘La Dolce Vita‘ (WSJ) “During the consumer-spending slump, aspirational purchases slowed sharply, and

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Nordstrom innovates, Emerging fashion, American Apparel warned, Content is king, Condé Nast courts India

Laura Theiss Autumn/Winter 2010, at Début | Source: Début New York

Nordstrom Links Online Inventory to Real World (NY Times) “The company wove in individual stores’ inventory to the Web site, so that essentially all of the stores were also acting as warehouses for online. Results were immediate… It also means that inventory is moving faster, and often at higher prices.” The Demand for Emerging Fashion: Part I (Huffington Post) “[The first trend] noticed was brand exhaustion

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Britain’s bad habit, Online fast fashion, India’s opportunity, Garment district perennial, A return to craft

Industrial sewing machine, detail | Source: Act Now

Britain’s appetite for fast fashion is pushing workers into starvation (Guardian) “Ethical trade has to be to ensure that workers are being paid a living wage… [including] food for her family and cover housing, education and health needs – Asian garment workers are currently being paid about half of what they need to do this.” Fashion chains H&M and Zara launch online operations (Guardian) “Several

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Chic clicks, Indian luxury stalls, Harvey Nichols boost, Aquascutum push, Growing a McQueen garden

Taj Hotel, Mumbai | Source: India Server

The chic learn to click (Economist) “Luxury firms may at last be waking up to the internet, but they have a long way to catch up… It is odd that an industry that would not be seen dead in last season’s colour is wedded to the last century’s technology.” India’s luxury market remains underdeveloped (CPP Luxury) “The lack of upscale retail space, high taxes and red tape are the main factors which have been hampering

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In India, Luxury Brands Need Localised Strategies

DLF Emporio, New Delhi | Source: DLF

MUMBAI, India — According to Forbes, India has the fastest-growing population of millionaires in the world. But for Western luxury brands operating in the country, grabbing a piece of the market has proven more difficult than anticipated and many are in the process of re-conceiving their India strategies. Part of the problem is that Western luxury brands don’t seem to understand Indian consumers. When they first entered

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