Department stores’ comeback, Karl for Macy’s, China boosts Adidas, Retail dichotomy, Louboutin victory

Karl Lagerfeld for Impulse | Source: Catwalk Queen

Dowdy Department Stores Start Looking Cool Again (WSJ) “The sector, long derided for dowdy merchandise, maze-like stores and crumbling facades, is making a comeback. Macy’s Inc., Nordstrom Inc. and Kohl’s Corp. are posting solid sales gains even as consumers remain cautious and manufacturing costs rise—and they are poised to continue the streak this fall.” Lagerfeld for the Masses, Again (On the Runway) “Macy’s unveiled its

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DIY Fashion, Flash sale bubble, Coach eyes Chinese men, Macy’s online surge, Remembering Tommy Nutter

Make your own jeans | Source: Makeyourownjeans.com

Designed by You, Made by … Who? (NY Times) “Do-it-yourself Web sites are making it easy for fashion buffs to design and order custom outfits: all you need is an Internet connection and a credit card. But are the sites any good? Can design-your-own jeans rival designer jeans? Is the shoe of your dreams mere mouse clicks away?” The investor’s dilemma: etail vs the brand (Material World) “An announcement of a

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Mary Katrantzou’s digital beauty, A Purple world, Fashion East spawns Lulu & Co, Macy’s Net jumps, McQueen’s spell

Mary Katrantzou Autumn/Winter 2011 Runway | Source: IHT

‘English,’ With Irony (IHT) “Yet although there have been the usual glancing references to tweed, cable knits, plaids and country clothes, the real story lies with a young, techno-savvy generation. The prints that grow more sophisticated each season are light-years from the classic patterns of roses ’round the door. But they are only a click away from a student with a smartphone and digital skills.” Olivier

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J.Crew’s $3b buyout, Haves and have-nots, Lagerfeld for Macy’s, Guess beats expectations, Miyake’s magic

J.Crew agrees to $3bn takeover (FT) “J.Crew, the US retailer with a preppy style, has agreed to be acquired by TPG Capital and Leonard Green & Partners in a $3bn deal… The two funds have agreed to pay $43.50 per share in cash for J Crew.” Divergent paths for US consumers as holidays near (AFP) “Americans appear to be shaking off the gloom heading into the holiday season with recession no longer hanging

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Defying convention, Macy’s new collaboration, Limited Brands looks abroad, Online video, Fashion conservatism

Tilda Swinton in Zero Maria Cornejo | Source: Style Frizz

Styles and Strategy That Defy Convention (WSJ) “Investors have their own expectations, and their cash often puts them in the driver’s seat. It’s a common theme in fashion—designers [who part] with the investment partners whose visions didn’t end up coinciding with the designers.” Macy’s Gets Fast Fashion (NY Times) “Any retailer on earth would just about die to create the kind of consumer craze

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Chanel growing old, Chinese spending power, Macy’s posts gains, The laws of fashion, Angela Ahrendts cashes in

Angela Ahrendts | Source: The Guardian

Chanel’s luxury dream is turning to dust (Marketing Week) “According to the company’s 2010 estimates… [Chanel] lost 11% of its brand value over the past 12 months. It’s a rare glimpse into the actual state of Chanel’s brand health.” Chinese spending power underestimated, study says (Market Watch) “Chinese households have far more money than previously thought… property companies and even European

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Louboutin takes a stand, Macy’s returns to profit, China not a free for all, Luxury lives, Uniqlones invade NYC

Christian Louboutin Destroys Shoes in Web Video (WSJ) "Two weeks ago, luxury footwear designer Christian Louboutin quietly launched a new website that prominently featured a rather unusual video. In it, a truck drives over a pile of what appear to be Mr. Louboutin’s signature red-soled shoes." Macy's reports profit on sales, margin growth (Reuters) "Macy's Inc. posted improved quarterly results on Wednesday as the department store operator benefited from a strong recovery in consumer spending and efforts to cater merchandise to local tastes." Hold Off Being Bullish on China's Luxury Market (WSJ) "China's wealthiest consumers shrugged off the global financial malaise faster than their peers in other parts of the world, but high-end Western brands shouldn't see the Chinese market…

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Armani unveils Dubai hotel, Burberry beauty, Puma’s Q1 earnings soar, Macy’s boosts outlook, The American Woman

Armani Hotel, Burj Dubai | Source: Courtesy Photo

Armani Unveils Hotel in Dubai (WWD) “His first hotel in the world… occupies eight floors of the soaring Burj Khalifa here, a dramatic tower into the sky that is the world’s tallest building. The 160-room hotel, for which almost no expense has been spared, boasts eight restaurants, a spa and three retail outlets.” Burberry forges ahead with beauty range (Independent) “Burberry will launch its line of color

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Luxury recovery, Macy’s brand hunt, Search engines serve up luxury, Mainland Chinese spend less, Shirt details

Luxury Goods Will Regroup as Economy Recovers (Apparel News) “Discounters and off-price stores were the real winners in 2009 as bargain-hungry shoppers gobbled up inexpensive clothing and sale items. Meanwhile, luxury goods were pariahs, stuck on shelves as well-to-do consumers re-evaluated their stock portfolios and played it conservative. But that scenario could be turned upside down this year.” Macy’s on the

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Macy’s announces closures, Prada not for sale, Armani’s first hotel, Thank you Merci, Great Venetia Scott

Macy’s to shut five underperforming stores (Reuters) “Macy’s Inc. said on Tuesday it was closing five of its namesake department stores, affecting about 307 employees, as it pares underperforming locations. Macy’s said it would offer jobs at nearby stores to displaced employees when possible.” Prada: Not for Sale (Business Week) “Prada SpA, the luxury company which has called off four attempts at

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Rachel Roy at Macy’s, Bulgari’s Q1 loss, Fashion sales rise, Prepping for Vionnet

Rachel Roy F/W 09, courtesy of Refinery29

Jones to sell exclusive Rachel Roy line at Macy’s (WSJ) “Jones Apparel Group Inc., which has a 50 percent stake in designer Rachel Roy, said it’s launching a contemporary line called Rachel Rachel Roy to be sold exclusively at Macy’s Inc.” Bulgari CEO Sees First Loss Since 1999, Then Rebound (Bloomberg) “Bulgari SpA Chief Executive Officer Francesco Trapani said he expects the Italian luxury

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Gucci’s Q1, Project Runway moves, Lundgren’s rich compensation, Hermès sets up on the beach

Gucci S/S 09 Ad campaign, courtesy of Gucci

Gucci CEO sees satisfactory Q1-report (Reuters) “Fashion house Gucci has had a satisfactory trend in the first quarter.” ‘Project Runway’ Will Move to Lifetime (WSJ) “Nearly a year of litigation between General Electric Co.’s NBC Universal and Weinstein Co. over “Project Runway” ended Wednesday with an agreement that allows Weinstein to move its popular reality-TV show to Lifetime

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Bottega’s cruise, Returns rise, LVMH strong in China, Macy’s loss

Bottega Veneta Invests in Cruise (WSJ) In a difficult time for luxury retailers, Bottega Veneta is launching a glitzy marketing campaign. Returns on the Rise–Retailers Are Rolling Out More Flexible Return Policies (WSJ) According to the Wall Street Journal, "Retailers are expected to see the value of merchandise returned in 2008 increase a whopping 23%." LVMH Stresses China Growth (WWD) LVMH "issued a statement saying its business in China remained strong." Macy's Posts $44M Loss in Q3 (DNR) In its Q3 ending in the 4th quarter, Macy's posted a $44M loss. Bottega Veneta's Cruise campaign, photo courtesy of Bottega Veneta.

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