Milan looks back, Trouble deepens for Galliano, All Saints on the block, Luxottica’s growth, Jason Wu’s ladylike empire

| Daily Digest

John Galliano arrives at the 3rd Arrondissement police station | Source: Daily Mail

In Milan, Trying to Leap the Obstacles (NY Times) “Maybe reality is always too unreal without time to reflect, but the problem now seems acute for designers. Many say they don’t have time to design in the traditional sense: exploring new fabrics and shapes. Some have unusual corporate pressures. Their instinct, then, is not to look around them but to adapt the myths of the last few hundred years, be they Mods, flappers or

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Remembering Dumas, Vuitton tops ranking, At the Met Ball, Up close with Stefano Pilati, Jason Wu collector

| Daily Digest

Carré Hermès | Source: Hermès

Jean-Louis Dumas, Chief of Hermès, Dies at 72 (NY Times) “Jean-Louis Dumas, who revived the flagging fortunes of Hermès in the late 1970s and in his nearly 30 years as the company’s chief executive transformed it into one of the world’s most successful luxury brands, died Saturday at his home in Paris.” Louis Vuitton Tops Hermes, Gucci as Most Valuable Luxury Brand (Bloomberg) “Louis Vuitton, the French fashion

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American Apparel sells stake, Wu stays focused, Shrinking retailers, Concept stores close

| Daily Digest

[caption id="attachment_2658" align="alignnone" width="500" caption="American Apparel store"][/caption] American Apparel to sell stake to private equity firm (Drapers) In a rush to finance a $16 million debt, American Apparel sells a 20% stake of the company to Lion Capital. Jason Wu stays in focus amid Michelle Obama whir (The Canadian Press) Even though he has received endless press following his Obama inaugural gown, Jason Wu is staying focused on building a business and establishing strong retail relationships. America's Fastest-Shrinking Stores (Forbes) "For retailers, 2009 is a game of survival, and already more than a few haven't made it," reports Forbes. Teen Retailers Close 'Concept' Stores to Focus on Main Brand (WSJ) "Teen concepts (stores) are being pared as the recession prompts…

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