Market Pulse | Cashing In

Savigny Luxury Index December 2013 | Source: Savigny Partners

Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.

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North American Retailers Set 5-Year Bangladesh Factory Plan

Collapsed building in Bangladesh | Source: Associated Press

WASHINGTON DC, United States — Nearly 20 North American retailers including Wal-Mart Stores Inc and Gap Inc unveiled a 5-year safety plan for Bangladesh garment factories on Wednesday that would include inspecting every factory within a year.

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Renewing Holt Renfrew, Hilfiger’s new stripes, Jones Group acquires Kurt Geiger, Gucci turns 90, The art of Prada

Z Zegna in Holt Renfrew's S/S 2011 Campaign | Source: Fashionising

For Holt’s, luxury regains its proper place (Globe and Mail) “The full-price model is part of Mr. Derbyshire’s five-year business plan to strengthen Holt’s results following a period of stagnation caused by the economic slump… His efforts seem to be paying off: Privately held Holt’s enjoyed a record profit in 2010 – double that of its next best year, 2006.” Tommy Hilfiger Changes his Stripes (WSJ)

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Shoemaking renaissance, Jones eyes Jimmy Choo, China’s challenges, Museum couture, González’s poetry

Allen Edmonds' McAllister shoe | Source: Allen Edmonds

At Their Feet, Crafted by Hand (NY Times) “It has not been lost on workers at Allen Edmonds, or those at about a half-dozen shoe companies that still produce in the United States, that the craft of shoemaking is experiencing something of a renaissance. Over the last few years, as heritage brands have been rediscovered by a new generation of customers, especially young men.” Jones Group one of bidders for Jimmy Choo

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Tisci’s transgender express, Jones buys Weitzman, Uniqlo sales drop, Burch America’s sweetheart, Katie Eary’s genius

Elie Saab Couture Spring Summer 2010 | Source: Style.com

Tisci’s Trans Europe Express (WWD) “Givenchy designer Riccardo Tisci has taken the whole idea of ‘coed fashion shoot’ to another level: The designer is using a transexual among the cast for the house’s fall-winter ad campaign.” Jones Apparel to buy Stuart Weitzman (Reuters) “Jones Apparel Group Inc. said it will buy designer shoe company Stuart Weitzman Holdings for an initial cash payment of

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Jones buys Rodriguez, US retail recovery, LVMH earnings down, Hermès ups forecast, Which celebrities sell?

Robert Rodriguez Summer 2010 | Source: Robert Rodriguez

Jones Apparel Acquires L.A. Designer Label (Apparel News) “Jones Apparel Group Inc., the… corporation that has been on the hunt for brands, acquired Los Angeles womenswear contemporary label Robert Rodriguez for $28 million. Jones Apparel is hoping to expand the Robert Rodriguez name in other categories and other doors.” US retail groups continue to recover (FT) “Spending by US shoppers continued to bounce

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