Luxury goes social, Bridging the Zac, Slim inventory, Jimmy Choo’s risky strategy, The illusion of brand control

| Daily Digest

Gucci Facebook page | Source: Facebook

Luxury Brands and the Case for $4,000 Sunglasses (IHT) “Imran Amed, who runs a Web site called The Business of Fashion, said that two years ago, when he started urging big luxury brands to embrace social networking as a communications tool, executives of these companies told him the idea was ‘stupid.’ He is getting a lot less of that these days.” Zac Posen’s New Venture (WWD) “Z Spoke is a new

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Nick Knight live, Burani weighs options, H&M’s Jimmy Choo success, Asos grows, Iman: A model entrepreneur

| Daily Digest

Nick Knight: Techno King (IHT) “What makes this glossy magazine photo session different is not just that it takes place in a London museum… It’s that there are thousands, maybe millions, of other viewers out there in cyberspace following the live stream, watching the hairdresser flicking Natalia’s Mohawk or sending tweets about her luminous beauty.” Mariella Burani mulls strategic investor (Reuters)

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Escada bidding heats up, Languishing malls in Brazil, Valentino finds balance, Japanese luxe, H&M’s secret weapon

| Daily Digest

Escada Autumn/Winter 09 | Source: Escada

A fashion coup (NY Post) “There is a new player in the international bidding war for a European luxury brand. The owner of Faconnable has emerged as one of the buyers likely to scoop German fashion house Escada out of bankruptcy.” Luxury malls languish in booming Brazil (UPI) “Dozens of new luxury malls remain nearly empty all over Brazil. Luxury boutiques would not release sales figures but analysts and sales

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

| Daily Digest

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

| Daily Digest

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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