Chanel’s Wertheimer Family Seen With $19 Billion Fortune

Chanel A/W 2013 | Sonny Vandevelde

PARIS, France — Chanel designer Karl Lagerfeld, with his shock of white hair, black glasses and leather gloves, will be the center of attention in Paris next Tuesday when he debuts the luxury-goods company’s latest ready-to-wear collection during the city’s Fashion Week.

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Karl Lagerfeld’s New Parisian Concept Store to Open Friday

Karl Lagerfeld | Source: Trend Gruppen

PARIS, France – German-born designer Karl Lagerfeld has announced that the opening of his first concept store in Paris is set to take place March 1. The new concept store spanning two floors, at over 2,150-square feet, will be located at 194, Boulevard St-Germain, the famous Rive Gauche shopping location.

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Coach shares slump, Couturier virtues, Tod’s in line, Freedom in Paris, Vogue tops ad pages

Valentino couture by Valerio Mezzanotti | Source: NY Times

Coach handbag sales take hit, stock slumps (Reuters) “Coach Inc on Wednesday reported weak holiday-quarter results and unveiled a new strategy for shoes and clothing, spooking investors with the notion that the days of strong demand for its premium leather handbags may be numbered.” And Precisely So (NY Times) “The designers are learning to use the extraordinary skills of a couture atelier to be more self-critical

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Looking Back at a Historic Paris Fashion Week

Dries van Noten Spring/Summer 2013 | Source: Nowfashion.com

Today, Jessica Michault, editor-in-chief of Nowfashion.com, shares her thoughts on the Paris Fashion Week collections. PARIS, France — Each season, as the international fashion flock winds its way from New York to London to Milan, there is usually a gradual yet perceptible build up of excitement for what comes last: Paris Fashion Week. After all, it’s here in the City of Light where the best and brightest designers from around the

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JC Penney plots turnaround, King Karl, Hugo Boss growth slows, Water world, Queen of frocks

Karl Lagerfeld | Source: Trend Gruppen

Why JC Penney Will Come Back (The Motley Fool) “Rome wasn’t built in a day, and no one said JC Penney’s turnaround would happen overnight either. Since Ron Johnson took the helm back in January, shares have been sliced in half and currently sit near 52-week lows.” It’s Karl’s world, we just live in it (The Independent) “Lagerfeld’s output is more diverse than any other

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Vintage couture, Winning with Weibo, Myntra money, Uniqlo’s mass pinning, Viva Fashion

Thom Browne Spring 2013 | Source: Glamour Goddess

Vintage for Today? (IHT) “‘New vintage — for today,’ said Mr. Lagerfeld, referring to a flow of high-waisted, wide pants that might have come from hazy photographs of a mademoiselle in Deauville but were, in fact, invented in one of the designer’s gouache drawings” Fashion Industry Aims To Corner the Chinese Market With Weibo (Fashionista) “If you’ve heard of Weibo, you’ve probably heard it described

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Africa in vogue, Ferragamo Q1 up, Fairchild buys NowManifest, Coco cruise, Loving Alber

Janet Kataah Museveni for L'Uomo Vogue | Source: NY Times

Rebranding Africa (IHT) “Africa is in the news — but not just for the sad and familiar reasons of conflict and suffering. The continent is entering the fashion arena, with the quality of its handwork, artistic creativity and its potential for economic growth bringing Africa literally in vogue.” Italy’s Ferragamo Q1 net rises 10 pct (Reuters) “Italian luxury shoemaker Salvatore Ferragamo said on Monday its

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Jason Wu’s rise, Luxury tiger, Karl-isms, Force of Alexa Chung, Marius Op’T Eynde

Jason Wu | Source: Design Scene

A Silk Road (Montecristo) “At the time, perhaps Ms. Kauffman didn’t realize she was grooming the young man to become one of the most successful young fashion designers of this decade. Already, at only 29 years old, Wu has established his own eponymous private fashion label; been a finalist in the Council of Fashion Designers in America (CFDA)/Vogue Fashion Fund in 2008; and dressed countless celebrities and starlets for

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