Fashion’s family values, Céline’s new sensation, Jimmy Choo’s fragrance, Paper endures, Giles in Paris

Reiss A/W 09 | Source: Reiss

When a Bottom Line Isn’t Just About Profit (New York Times) “As the fashion industry struggles with a global economic downturn and a rapidly changing consumer landscape, qualities that are at the heart of family and owner/founder businesses, like a consistent vision and a long-term approach, seem to be helping those companies ride out the storm.” Fashion house Celine says 2009 year of transition (Reuters)

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Jimmy Choo for H&M, Burberry sees stabilization, Tod’s to experience growth, Pitti Uomo quiet

Jimmy Choo for H&M, courtesy of H&M

Jimmy Choo to Design for H&M (WSJ) “Swedish fashion retailer Hennes & Mauritz AB on Wednesday unveiled the name of its next designer collection team-up: British accessory brand Jimmy Choo.” Burberry Chief Says Luxury Demand Is ‘Stabilizing’ (Bloomberg) “Burberry Group Plc Chief Executive Officer Angela Ahrendts said luxury demand is leveling out as the market slowdown nears its first

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Murjani divests Gucci, Luxury succumbs to cycle, Choo’s schools, New home for NYFW, Macy’s cuts staff

Gucci spring / summer '09

Murjani to divest Gucci stores in India (Economic Times) In an effort to recoup investments he’s made in the luxury sector, Mohan Murjani plans to divest the operations of Gucci in India. Luxury goods succumb to the cycle (FT) Despite some views to the contrary, the luxury industry is proving to be prone to cyclical ups and downs. Malaysian shoe guru Jimmy Choo plans teaching academies (Yahoo) “Malaysian-born luxury

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British Fashion Awards | Open for business?

LONDON, United Kingdom - Yesterday evening's British Fashion Awards ceremony was a wonderful occasion to celebrate the best in British Fashion Talent. There was a very impressive list of awards categories and an even more impressive list of winners, but I couldn't fight this nagging feeling that something was missing. Then, I realised that there was not even one award to acknowledge the various talented business people who also make their own kind of fashion magic, and are an essential part of the British fashion eco-system. Over the course of the evening, awards were given out for everything from Designer Brand (Jimmy Choo) and Fashion Creator (Tim Walker) to Red Carpet Designer (Matthew Williamson) and Designer of the Year (Luella…

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BoF Exclusive | Tell-all Jimmy Choo book in March 2009

We love leaks. The Business of Fashion has an exclusive first look at the new Jimmy Choo book to be published by Bloomsbury in the UK and the US in March 2009, entitled "The Towering World of Jimmy Choo: A Glamorous Story of Power, Profits and Pursuit of the Perfect Shoe." Lauren Goldstein Crowe, a fashion and business journalist, and Sagra Maceira de Rosen, head of the Luxury & Retail division of Reig Capital Group, have teamed up to write the first fashion book to cover both the design side and the business side with equal vigour and rigour. The book tells the story of how one Tamara Yeardye (now known as Tamara Mellon), an accessories editor at British Vogue…

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