M&S CEO Says New Clothing Range Is Step in the Right Direction

Source: gocitygirl.com

LONDON, United Kingdom — Marks & Spencer Group Plc Chief Executive Officer Marc Bolland said its new autumn-winter fashion collection is a “step in the right direction” toward reigniting interest in the struggling fashion brand after seven quarters of sales declines.

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Fast retailing profit jumps, M&S plunges, Skinny jeans, Fashion darling, Uncomfortable truths

Uniqlo Spring/Summer 2013 Men's Lookbook | Source: Fashion Bears

Uniqlo-parent lifts forecast as Q1 profit jumps (Reuters) “Fast Retailing Co raised its annual profit forecast to a record after sales rose at home outlets of the Japanese retailer’s flagship Uniqlo casual clothing chain and price cuts and chilly autumn weather spurred a quarterly profit jump.” Marks & Spencer loses £270m stock market value (Guardian) “Almost £270m was wiped off the stock market value

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Next steps at Balenciaga, Rugby no more, M&S profits fall, Amazon ups the ante, New male

Nicolas Ghesquière by Alessandro Garofalo | Source: Style.com

What Next For Balenciaga? (Vogue UK) “CEO Isabelle Guichot has confirmed that she has ‘a shortlist’ of potential candidates to succeed creative director Nicolas Ghesquière, following yesterday’s confirmation that he would be parting ways with the brand. The designer has acted at the helm of Balenciaga for 15 years.” Ralph Lauren kicks its ‘preppy look’ Rugby label into touch (Independent)

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New establishment, PPR eyes Chinese acquisition, ASOS up, Place Vendôme, M&S crisis

Bryan Boy, The Man Repeller and The Sartorialist | Source: AdWeek

Fashion’s New Establishment (AdWeek) “But since then, style blogs like The Man Repeller, Into the Gloss, Style Rookie and Bryanboy, aka Bryan Grey Yambao, have become assigned reading among the fashion set—and you’d be hard pressed to find them missing a single Fashion Week.” PPR Confirms It’s In Talks To Acquire Chinese Luxury Company (Bloomberg) “PPR, the French owner of Gucci, said it’s in discussions to

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Chalayan’s surreal world, M&S returns to France, Hermès to sell Gaultier stake, D&G cleared, Knock-off battle

Hussein Chalayan S/S 2011 featured in Glamcult | Source: Hussein Chalayan

Hussein Chalayan: The surreal thing (Independent) “When a designer such as Hussein Chalayan bases his collection on Japan it’s safe to presume that his interpretation will be far from literal: no opulent silk obi sashes tying flat-cut voluminous garments here.” Marks and Spencer to return to France (Telegraph) “The British high street stalwart has today announced that it will be returning to the French

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Provenance? There’s an App for That

NEW YORK, United States — Large luxury goods makers have long emphasised the cultural heritage of their brands and the provenance of their products. But in search of business efficiencies, these same luxury companies — who must ultimately answer to shareholders — increasingly source materials and labour outside their home markets, especially for their more affordable lines, creating a disconnect between consumer perception and manufacturing reality. As consumers increasingly scrutinise luxury goods purchases, and craftsmanship, authenticity and heritage take centre stage in major advertising campaigns for brands like Gucci and Louis Vuitton, this disconnect has become more pronounced. Indeed, earlier this year, the UK’s Advertising Standards Agency banned two Louis Vuitton ads for misleading the public into thinking that the…

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