DVF in China, Penney’s pressure cooker, Hilfiger eyes India, Textile solutions, Matthew Stone

Diane von Furstenberg | Source: Baldomero Fernandez

Diane von Furstenberg on ‘the China Century’ (WSJ) “Virtually every luxury marketer has China in its sights, and while Ms. von Furstenberg is no different, she says she is taking a more personalized approach to the country’s rising middle class. They appear to be responding: She now has more followers on Weibo than on its American equivalent, Twitter.” J.C. Penney’s pressure cooker (MarketWatch) “The chief

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The Week in Review | Contemplating the New Aesthetic, Curated commerce, Inez and Vinoodh, Introducing Edeline Lee

The Week in Review, 14-19 May 2012

Is Fashion Ready for a New Aesthetic? (Intelligence) “Over the past year, a loose group of creatives in London’s East End have given birth to a counter-narrative to the growing tide of heritage and nostalgia, examining the reality of our increasingly artificial and technology-mediated world head-on.” Commerce That’s Curated Just for You (Fashion 2.0) “Ambitious start-ups are aiming to offer consumers more sophisticated personalised

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JC Penney’s big loss, Richemont optimism, Millennial spend, Alexis Bittar expands, Jess Hallett

JCPenney campaign with Cindy Crawford | Source: Adrants

J. C. Penney Posts Big Loss as 3 Retailers Gain (NY Times) “While retailers including Home Depot, Saks Fifth Avenue and TJX Companies reported solid profits on Tuesday, J. C. Penney, in the midst of an ambitious turnaround plan, posted a big loss and said its quarterly sales had dropped 20 percent.” Strong Asia demand keeps Richemont optimistic (Reuters) “Richemont, the world’s second-largest luxury goods

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All aboard Vuitton express, Baselworld, Digital embrace, Future of retailing, Wang worries

Louis Vuitton Autumn/Winter 2012 | Source: Elle Canada

All Aboard the LV Express (IHT) “The clock struck 10 a.m. Wednesday and in a puff of smoke a Louis Vuitton steam train, smartly painted, chugged onto the platform. Out stepped women with hats held high, their A-line camel coats layered over skirts and pants fit for travel.” Groups struggle to meet demand (FT) “If 2011 was the year of euphoria for the watch and jewellery industry, gathered this month for its annual

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Couture’s fine line, Made in USA, H&M Q4 profit falls, Permanent markdown, E-tail in 2012

Givenchy Couture Spring 2012 | Source: Style Heroine

The Fine Line (NY Times) “Nowadays, almost no one talks about its demise. Quite the opposite. Not only have revenues reportedly risen, thanks to big spenders in countries like China and Brazil, but there are also more new names on the calendar, like Giambattista Valli and Bouchra Jarrar, who makes ready-to-wear but because of her small quantities and fine sense of craft, shrewdly decided to show during couture. This

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Liz Claiborne’s new name, Indian e-commerce, Marc’s world, Media Land changes, Sarah Mower

NetEase Premier | Source: Jing Daily

For Liz Claiborne, will new name bring better luck? (MSN Money) “When Liz Claiborne sold its namesake brand to J.C. Penney late last year for $288 million, it became obvious that a name change was in order. The company indeed announced Wednesday that starting in May it would become Fifth and Pacific. The name reflects New York (Fifth Avenue) and Pacific (The Pacific Ocean). It is not a bad corporate name, but it doesn’t

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Mango for JC Penney, Lanvin’s wonderland, Hats comeback, American Apparel’s losses, Business mentors

Scarlett Johansson for MNG JCPenney | Source: Nitrolicious

Penney Weaves New Fast-Fashion Line (WSJ) “J.C. Penney Co. is going to try running with a faster crowd.  [Unveiling] an unconventional collaboration with Mango, the closely-held Barcelona chain known for whipping up cutting edge looks that go from design studio to store shelves in as little as four weeks.” Societies May Fall, but Prices Do Not (NY Times) “What surprises most when entering Lanvin’s new three-floor

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Lacroix’s non-fairytale ending, J.C. Penney and Mango, Designer rentals, Yoox IPO, McCartney meets Morrissey

End of a fairytale: Christian Lacroix fashion house to strip down (Guardian) “Christian Lacroix, the celebrated French designer whose fantastical creations and luxurious image captured the decadence of its age, was told today that the fashion house he founded over two decades ago is to cease making haute couture.” J.C. Penney Is Betting Big By Adding A European Flair (WSJ) “J.C. Penney Co.may be making its biggest

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Escada addresses insolvency, Micro trends, Claudia Schiffer at IHT, J.C. Penney revamps, VAT increase

Escada A/W 09 ad campaign, courtesy of Escada

Escada Board to Meet on Insolvency After Bondholders Snub Offer (Bloomberg) “Escada AG, the luxury clothing company whose dresses are worn by Demi Moore, is holding a board meeting today to discuss a plan to file for insolvency after bondholders rejected its financial rescue proposal.” Micro trends making major fashion statements this autumn (Telegraph) “Brace yourselves as ‘slow-burning trends’, such

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