Model comeback, American Apparel stock plunges, PPR profit leaps, Bulgari’s modest gain, Buranis arrested

| Daily Digest

Zimmerman and Jovanovic for Gucci A/W 2010 | Source: Fashion and Runway

Why fashion has fallen out of love with its A-list clotheshorses (Independent) “This time around, the women chosen… are united by their anonymity outside of [fashion]… prompting many insiders to wonder: is fashion’s long-running love affair with celebrity finally over?” American Apparel Shares Plunge as Auditor Steps Aside (WSJ) “American Apparel shares plunged as much as 25% Thursday after the

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Gap’s global push, Burani’s end of the road, Swedish super-labels, Milan shortchanged, McQueen mourned

| Daily Digest

Gap Kids Spring/Summer 2010 | Source: Gap Facebook

Gap targets Milan and China as it kickstarts its plans for global expansion (FT) “Gap, the American casual clothing retailer, plans to open a store in Milan, the home of Italian high fashion, later this year, in a further sign of its growing confidence after a multi-year slump.” Mariella Burani Fashion Group Will Be Dissolved (Bloomberg) “Mariella Burani Fashion Group, which makes Vivienne Westwood products under

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PPR begins restructuring, Streaming is the new blogging, Burani steps down, New Luxe, The return of confidence

| Daily Digest

PPR to take 2-3 years to sell retail businesses (Reuters) “PPR said it could take up to three years to sell its Fnac, Conforama and La Redoute retail businesses, which is part of its strategy to refocus on its luxury, lifestyle and sportswear activities.” Streaming is the new Blogging (Telegraph) “Blogging? It’s so last week. Right now, ‘live’ streaming of catwalk shows is steaming! In fact, it’s

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Zac Posen redux, Polo Ralph Lauren warns of Asia hit, Burani insolvency, W Hotels fashion fix, Kell on earth

| Daily Digest

Zac Posen Backstage | Source: NY Times

The Trials of a Former Boy Wonder (NY Times) “There was a time when brashness was a refreshing change in New York fashion, which had been dominated by a handful of aging mega-brands until Mr. Posen planted his flag in the biggest, most expensive tent in Bryant Park. But his extravagant success came so quickly…  that his setbacks echo all the more loudly.” Polo Ralph Lauren profit rises as it warns of Asia hit

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Rose: No growth for UK retail, Burani seeks rescue, Bloggers and retail, Zara’s app falls short, Introducing Josep Font

| Daily Digest

Sir Stuart Rose | Source: Guardian

Rose: no growth for retail in 2010 (Independent) “Sir Stuart Rose has said that the UK retail market will not grow this year, as uncertainty over how the next government will tackle the public deficit hangs over consumer spending.” Burani Seeks New Adviser to Help Rescue Fashion Group (Bloomberg) “Burani, which makes clothes under license for Vivienne Westwood, on Jan. 3 said Mediobanca withdrew as an adviser,

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