McQueen’s guiding light, PVH’s Hilfiger upside, Neiman ekes out profit, Online ad spend overtakes print, Fantasy furs

Alexander McQueen Autumn/Winter 2010 | Source: Style.com

A light in the darkness (Style.com) “In Alexander McQueen’s final collection, medieval influences transformed into calm, poetic beauty.” Phillips-Van Heusen May Gain From Buying Hilfiger (Bloomberg) “Phillips-Van Heusen would gain extra profit within a year of a reported potential acquisition of Tommy Hilfiger Corp.” Neiman Marcus posts profit as sales start improving (Reuters) “Neiman Marcus

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Browns celebrates 40, Neiman’s sales revival, Social networking women, Liberty’s Target, Fashion falls for Alice

Browns celebrates 40 years in fashion (Telegraph) “The John Galliano shirt wasn’t my first temptation at Browns, but has somehow come to represent what the shop stands for. Some four decades on, it has kept the flag flying for delightful conspicuous expenditure.” Neiman boosted by sales revival (FT) “Neiman Marcus, yesterday said its February store sales had improved, underlining the continuing revival of US

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A Man’s world, Versace restructures, H&M revival, Neimans stays luxe, Juicy founders step back

It’s a Man’s World (Newsweek) “Just as some educators believe that single-sex classrooms are better for learning, some luxury brands are finding that single-sex boutiques boost the bottom line. While it’s not exactly a man’s world on Main Street, luxury brands are increasingly offering greater exclusivity in men-only shops.” Versace Agrees on Job Cuts, Unveils Lower-Priced Women’s Line (Bloomberg)

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Changes at Holt Renfrew, Neimans sees results, Gap International down, Applied DNA, Kleibacker remembered

Holt Renfrew Flagship, Toronto | Source: 3G Lighting

Changes at the top for Holts (Globe and Mail) “Upscale fashion retailer Holt Renfrew & Co. has replaced its president Caryn Lerner with company insider Mark Derbyshire, making the leadership change just as it is gearing up for a more prosperous economic environment.” Neiman Marcus key sales figure climbs in December (Business Week) “Luxury retailer Neiman Marcus Inc. said Thursday that sales at its namesake

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Esprit’s China push, Neiman trades down, Moufarrige out, Madonna for D&G, Dsquared2’s humble roots

Esprit Fall/Holiday 2009 | Source: Esprit

HK’s Esprit buys $500M JV stake in China push (Reuters) “Hong Kong fashion retailer Esprit Holdings is buying out its partner in a Chinese retail joint venture for HK$3.88 billion ($500 million) as part of a drive to expand in the world’s third largest economy. The deal will see Esprit take full control of the 10-year-old venture, while China Resources Enterprise, which is selling the stake, will focus on its core

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Sparkling BFAs, Neiman Marcus caution, Counterfeit crackdown, Burberry back at LFW, Wonderkid Wang

British Fashion Awards 2009 – The Winners (Independent) “British fashion’s leading lights were rubbing shoulder pads last night at the prestigious annual awards which celebrate home-grown design talent and business success and are voted for by industry leaders, designers and retailers.” Neiman Marcus sees weak luxury demand (FT) “Neiman Marcus, the US luxury retailer, said on Wednesday it was seeing

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Aquascutum sold, Fashion stimulus, Henry to Debenhams, Neiman Marcus Q4 down 23%, Richemont declines

Aquascutum A/W 09 ad campaign, courtesy of Aquascutum

Tillman Buys Storied Clothier Aquascutum (WSJ) “U.K. retail mogul Harold Tillman, chairman and majority owner of Jaeger Ltd., has purchased Aquascutum Group PLC, the luxury clothier and trench-coat maker that has dressed British elites from Margaret Thatcher to Sean Connery for 158 years.” Fashion elite tries on stimulus for size (FT) “The fashion industry in 13 countries will on Thursday attempt to do what

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Internet private sales, Couture endures, Neiman Marcus still down, Mass fashion retailers struggle

Private Sale

Designer Bargains, for the Invited (WSJ) “Online retail startups that specialize in “private sales” of discount designer apparel are gaining traction in the U.S. and, armed with fresh venture capital, plan to branch into new businesses.” Couture houses refuse to tumble (Toronto Star) “You can never be too rich, too thin or own too many couture items. High-end buyers continue to pop in to Paris for the

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Neiman Marcus layoffs, Retail collapse, Magazine ads evaporate, Luxury’s turnaround, Giambattista Valli

Photo courtesy of Alfred Eisenstaedt

Neiman Sets 375 Layoffs Amid Slump (WSJ) Neiman Marcus is laying off 375 people or 3% of its workforce. Retail Sales Collapse, But Keep the News in Perspective (Seeking Alpha) From August to December, retail sales collapsed 24%. “But it’s important to remember that there is a lot of psychology in these numbers,” reports Seeking Alpha. Magazine Ads Evaporated in 2008, Faster as Months Went On (WSJ) “Capping a

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