New York Garment District
NY garment district battling for survival (Reuters)
“New York’s reputation as a global fashion capital is under threat with the city’s once bustling garment district facing extinction, experts say.”
A Minimalist Gets a Makeover (WSJ)
“Under the Bryant Park tents of New York fashion week Tuesday evening, Narciso Rodriguez will show off his typically minimalist evening gowns and day dresses. What the crowd won’t see is Mr. Rodriguez’s own ambitious makeover, as he reinvents himself once again, a year after his relationship with financial backers collapsed for the second time.”
London mayor celebrates LFW’s effect on UK economy (Drapers)
“London mayor Boris Johnson has pledged his support for London Fashion Week and highlighted the money it brings to the UK economy through sponsorship and media coverage.”
EU sanctions on Sri Lanka to hit ‘cheap’ clothing over human rights abuses (Times)
“They were billed as “garments without guilt” — cheap, good-quality lingerie, casual clothes and sportswear made in Sri Lanka and sold in stores such as Next, Tesco and Marks & Spencer. For the past four years, such clothes worth billions of pounds have been imported, tax-free, to the European Union under a trade scheme intended to help Sri Lanka’s recovery from the 2004 Boxing Day tsunami. Within months, however, clothes from the country could disappear from British shops.”
Debenhams Profit Gains, Helped by Own Designer Labels (Bloomberg)
“Debenhams Plc, the U.K.’s second- largest department-store company, said annual earnings rose as it allocated more space to its own designer labels at the expense of less-profitable brands from other retailers.”
