Germans skip luxury, Farhi’s new girl, B2B on the rise, CFDA finalists announced, Rome’s resurgence

ShopToko screen shot | Source: WWD

Prada Skips German Department Stores Missing Luxury Boom (Bloomberg) “In a land known for its thrifty citizens, German department stores are missing out on a shift to luxury. Spending at the outlets, which date back as far as the 19th century, has fallen 3.9 percent since 2009 as the richest shoppers have sought designer gear at single-label stores, driving luxury expenditure up by 16 percent to 12.9 billion euros last

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Jaeger eyes expansion, Saks recovery, Sykes for Aquascutum, Ad pages up and down, Maison Martin Margiela exhibit

Jaeger Summer 2010 | Source: Jaeger

Jaeger says sales picking up, eyes expansion (Reuters) “British luxury brand Jaeger has seen a strong pick up in sales in recent weeks, it said on Wednesday as it posted a 16 percent rise in annual earnings and outlined plans to expand internationally and online.” Saks recovers with stronger merchandising, consumer appeal (Medill Reports) “Luxury department store Saks Inc. recovered from a year-ago loss to post a

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