Michael Kors’ huge valuation, Surface to New York, Nordstrom profit up, Kirkwood heels, Fabergé’s relaunch

Surface to Air Paris Store | Source: High Snobiety

Michael Kors sells minority stake in deal that values brand at $2.5B (New York Post) “The New York fashion label — whose black-clad founder and namesake also moonlights as a tough judge on the “Project Runway” TV reality series — has sold a minority stake to a group of investors in a deal that values the brand at a whopping $2.5 billion.” Surface to Air Comes to New York (IHT) “In a sense, the business model of Surface to Air was

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Retail theatre, Nigerian lace, Hilfiger eyes Michael Kors investment, Ferragamo IPO, Giles’ playful disposition

Anthropologie on London's Regent Street | Source: Styleguide

Retailtainment: the future of shopping? (Independent) “An extension of previous high-concept… These concept stores provide the kind of entertainment designed to make you – or at least your children – leave the premises grinning from ear-to-ear as you reel from your experiential day out. This is Retailtainment.” In Nigeria, ‘Lace’ Market Reflects Rising Middle Class (WSJ) “No longer reserved for

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Jack Wills in front, Michael Kors celebrates, Re-imagining Puma, McArthur in at Anya Hindmarch, Gathering Moss

Pretty, posh and profitable (FT) “Even though Jack Wills is a rapidly expanding global business… you could be forgiven for never having come across it before. [The company targets] teens with money… It prides itself on its stealth marketing and its very direct relationship with its consumers.” Three decades later, Michael Kors’ shows no signs of slowing down (Globe and Mail) “Optimism is in the spring

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Digital retail, Google wins EU ruling, Saks to shutter weak doors, Indian mass fashion, Weight and wellness

Jeremy Renner in Esquire's Augmented Reality Fashion Spread | Source: Esquire

Luxury brands focus on digital retail experience (Marketing) “Brands and high-end retailers, including House of Fraser and Selfridges, are preparing to launch virtual shopping experiences using cutting-edge digital technologies.” Google wins EU ruling in fake luxury goods case (AP) “Google Inc. won a key European Union court ruling Tuesday that says it did not violate luxury goods trademarks by allowing

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J.Crew’s profit jumps, Flattering Kors, Baugur founder seeks cash, MaxMara’s moment, Naeem Khan for Obama

J. Crew Holiday Gift Guide | Source J. Crew

J. Crew more than doubles profit in 3Q (AP) “J. Crew Group Inc., seller of clothes, shoes and accessories, said Tuesday its profit more than doubled in the third quarter as sales rose by a double-digit percentage. The results sent its stock surging in after-hours trading after the retailer beat Wall Street consensus estimates for profit and revenue.” Michael Kors: The fashion designer who fits and flatters (Independent)

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Kors continues to expand, Mumbai left behind, Fashion finds a new segment, A moment with Karl

Michael Kors S/S 09 ad campaign, courtesy of Michael Kors

Michael Kors: an upbeat, uptown guy in a downturn (The Times) “Michael Kors, one of fashion’s great survivors, is still selling in Manhattan and Palm Beach, despite the Madoff effect, and London is set to follow” Delhi gets fashion pie, Mumbai the crumbs! (The Times of India) Could India finally be getting it’s fashion act together or is it just another acronym to add to India’s fashion scene?

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Kors eyes Europe, Glossies losing lustre, Retailers expand in China, Fashion Week recession

MiChael Kors Spring/Summr 2009, courtesy of Michael Kors

Michael, Macro (Fashion Week Daily) The Michael Kors brand just keeps on growing as it plans to open 25 stores in Europe in the next three years. Are The Glossies Losing Their Lustre? (JC Report) “By continuing to focus on the highest of fashion, are magazines alienating a readership for which luxury is an aspiration more out of reach than ever?,” asks the JC Report. Retailers Still Expanding in China (WSJ) Even though

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