Old is new again, China at the fore in 2020, Investing in Italy’s jewels, A virtual fit, Cat in the hat is back

| Daily Digest

The women of AMC's Mad Men | Source: AMCTV

This Old Thing? Actually, It’s New (NY Times) “‘People used to laugh at me when I tried to sell these kinds of clothes when I started’… said Alicia Estrada, 39, founder and chief executive of Stop Staring!… the pioneer in reproduction vintage clothing. ‘Now my clothes are sold in 40 countries and more than 1,000 boutiques.’” Dipped in gold, China to be world’s top luxury market

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Return of big spenders, Issa’s Royal moment, Facebook commerce, Prada profits triple, Bruce Weber looks back

| Daily Digest

Jean Schlumberger Leaf ring | Source: Tiffany & Co.

Big spenders returning to the luxury fold (Globe and Mail) “In the depth of the recession, Tiffany & Co. struggled to sell $3,200 diamond earrings and $12,000 bangles, while it fared better with $100 silver necklaces. Today, the situation is reversed, as the high-end retailer grapples with softer sales of jewellery under $500.” Is Issa in Line for Throne? (NY Times) “The label is ‘truly the Diane Von

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The future of heritage, Luring Chinese consumers, Contradictory market reports, Asos profits soar, Pugh to Pitti

| Daily Digest

Gucci Autumn/Winter 2010 featuring the Heritage Collection | Source: Gucci

Heritage Luxury: Past Becomes the Future (IHT) “The subject of heritage is red-hot because, faced with fierce global competition, brands have to decide which way to go: back to the comfort zone of craftsmanship and quality…fast forward into the world of live screening and e-commerce; or a delicate balance between the two?” In China, the Lure of Patrimony (NY Times) “When it comes to attracting China’s new

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Murky outlook, PPR beats estimates, Chanel’s US recovery, M-commerce grows at Rue La La, Theyskens and Rosen Q&A

| Daily Digest

Bottega Veneta Tech Toys | Source: Bottega Veneta

Luxury market faces spending drought through 2020 (Luxury Daily) “The tough economy has permanently reined in the purchasing habits of the current generation of affluent consumers and upscale brands should expect more conservative spending until Generation Y enters the luxury market in force in 2020.” PPR Third-Quarter Sales Beat Estimates (Bloomberg) “Each of PPR’s luxury brands increased sales at least 10

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Bling is back, Zegna profits grow, Armani interactive, Augmented reality marketing, Chinese models rising

| Daily Digest

Bono and Ali Hewson for Louis Vuitton | Source: Louis Vuitton

Bling is back (The Economist) “The strength of the recovery was a surprise…. Big brands such as Louis Vuitton and Hermès are the main winners. With their deep pockets, they were able to continue to open new shops and invest in the business during the crisis.” Zegna Sees Sales, Profit Growth (Bloomberg) “Sales will grow ‘well above 10 percent’ this year, led by Zegna’s biggest market of China and

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