Liberty explores sale, EU internet sales, Dutch auctions, Chinese consumers, China overtakes the US

| Daily Digest

Iconic floral prints, courtesy of Liberty

Liberty appoints advisers to review the business (Drapers) “Liberty has confirmed it is set to appoint advisers to lead a review of the business, which could lead to a sale of the iconic London department store.” LVMH, Chanel Force EU to Modify Draft Law on Internet Sales (Bloomberg) “Luxury goods makers LVMH Moet Hennessy Louis Vuitton SA and Chanel SA may win more control over how Web-based retailers sell their

…Continue Reading

Net-a-Porter’s discount site, Milan’s design strategies, Mulberry beats expectations, Online rules

| Daily Digest

Outnet homepage

Net-a-Porter gives details of discount venture (Drapers) As revealed in BoF’s exclusive interview with Natalie Massenet in November, Net-a-Porter will launch a discount e-Commerce venture called Outnet.com. Milan’s Choice: Appeal to Reason or the Gut? (WSJ) In order to lure customers, designers in Milan employed polarising design strategies. Mulberry to beat expectations (Drapers) According to Mulberry, the holiday

…Continue Reading

L.A. boutique shutdowns, Luxury spending rules, Ideeli’s recession proof retail model, Sales plummet in December

| Daily Digest

Store fronts on Rodeo Drive, photo courtesy of WWD.

L.A. Specialty Boutiques Rocked by Shutdowns (WWD) In LA, troubled boutiques are closing in droves. The New Rules Of Luxury Spending (Forbes) “Today’s high-net-worth consumers are still spending–but they’re putting more thought into their purchases.” Ideeli.com, Ideal Online Shopping? (JC Report) Ideeli’s invitation only online retail model is proving to be recession proof. Retail Sales Tumbled

…Continue Reading

CEO Talk | Alex Bolen, Chief Executive Officer, Oscar de la Renta

CEO Talk | New York

Alex Bolen, CEO, Oscar de la Renta

NEW YORK, United States – It’s a new year, but the news hasn’t changed all that much for the luxury business. In fact, as the numbers roll in from the holiday season and for the fourth quarter of 2008, many executives’ worst fears are playing out. It’s a good thing the industry has leaders like Alex Bolen around to keep us all optimistic. A few seasons ago, I received an invitation to the Oscar de la

…Continue Reading

Wang foregoes runway show, Online sales up, OilyBoy magazine, Holiday recession

| Daily Digest

Vera Wang Bows Out of February’s Fashion Week Tent (WSJ) Vera Wang is the latest designer who has decided to not have a priceyrunway show this upcoming New York fashion week. Online sales surge 16% in November (Drapers) Unlike brick and mortar stores, sales activity on e-commerce sites jumped 16% compared to last year in November. Fashion Guidance for Aging Japanese Lads (Washington Post) In Japan, there’s OilyBoy,

…Continue Reading

123

Latest Articles