Skipping NYFW, My Wardrobe seeks investment, Evolving menswear, Burda Media, Joan Burstein

| Daily Digest

New York Fashion Week, Damrosch Park | Source: NY Times

Why Some Labels Will Sidestep Fashion Week (WSJ) “New York’s calendar has become noticeably more crowded as labels squeeze in with entrepreneurial zeal. While fashion shows used to be limited to high-style labels, midprice contemporary labels and menswear brands are now muscling into New York. One reason: No official body controls the calendar, unlike in Milan and Paris, where just a few dozen labels are invited to show

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Belgian shield for LVMH, The Milan Plan, Mobile China, Benetton ads, Iris Van Herpen

| Daily Digest

Bernard Arnault at Louis Vuitton | Source: FT

Arnault says Belgian move can shield LVMH (FT) “The head of LVMH has been accused by the media in his homeland of wanting Belgian nationality to escape President François Hollande’s higher French taxes but he has repeatedly insisted that he ‘is and will remain fiscally domiciled in France’.” The Milan Plan (China Daily) “The scene is familiar enough – an army of buyers, journalists, celebrities

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Week in Review | PPR’s Christopher Kane Investment, Going Corporate, 10 Fashion Moments in Milan

| Daily Digest

Week in Review December 14-18

What to Make of PPR’s Christopher Kane Investment (Analysis) “But fast forward a few more years and today, both Stella McCartney and Alexander McQueen have grown into medium-sized businesses with over €100 million in annual revenue each by pursuing business models that fit, respectively, with their unique brand DNAs.” Finding Your M.O. | Part 14: Going Corporate (Education) “As in life, the time comes when every

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Bulgari’s billionaires, Web fashion foray, Top of the world, Fashion over art, Inside Brioni

| Daily Digest

[caption id="attachment_40456" align="alignnone" width="500" caption="Nicola and Paolo Bulgari | Source: Forbes/Getty Images"][/caption] Bulgari Brothers, Jewelers To The Stars, Are Billionaires Thanks To Tiny LVMH Stake (Forbes) "In 2011, however, French luxury empire Moët Hennessy Louis Vuitton (LVMH) acquired Bulgari in an all-share deal, handing over 3.6% of the conglomerate to the family. Last year, as LVMH’s stock rose, the Bulgaris and nephew Trapani sold a tiny sliver of their stake, reportedly to take care of taxes and other expenses." Amid U.K. Retailer Woes, a Web Fashion Foray (BusinessWeek) "As more British retailers succumb to competition from the Internet, a venture capital firm is underscoring the shift with its first investment in a fashion seller to develop its online business." On Top of the…

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Vuitton CEO surprise, Web only no more, Instagram outrage, Vice buys i-D, Posen on Project Runway

| Daily Digest

Louis Vuitton Autumn/Winter 2012 | Source: Louis Vuitton

LVMH says Louis Vuitton CEO quits over ill health (Reuters) “Louis Vuitton’s new chief executive has quit suddenly from the helm of luxury group LVMH’s top brand because of health reasons, LVMH said on Tuesday. The world’s largest luxury company said Jordi Constans would be replaced by Michael Burke, chief executive since February of Bulgari, the Italian jeweller that LVMH added to its stable last

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