Big changes at Gucci Group, Behind the Marc, Hermès to LVMH: Cut stake, Rent the Runway, Cast your vote for Calgary

| Daily Digest

Preparing for the Marc Jacobs show | Source: NY Times

PPR Chief to Run Gucci Himself (NY Times) “The French luxury magnate François-Henri Pinault said… he would personally take charge of Gucci Group as he reorganizes its parent company to focus on the most profitable businesses. Robert Polet, who has headed Gucci since 2004, will be stepping down in a few weeks… Mr. Pinault also said Paul Deneve would replace Valérie Hermann as chief executive of Yves Saint

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On the straight and narrow, Buying runway looks, Puma feels the pinch, Singer talks T, Anna Wintour on McQueen

| Daily Digest

L-R Donna Karan, Marc Jacobs, Theyskens’ Theory | Source: Style.com

On the Straight and Narrow (IHT) “It is back to the straight and narrow in New York Fashion Week. No more loose and sloppy casual clothes, easy sportswear or girlish frills. Women — grown-up women — are being asked to smarten up.” Who Buys These Clothes? They Do (WSJ) “Many of the runway styles are actually purchased by a small group of customers, not all of them from the isle of Manhattan. And unlike celebrities

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Accessible Neiman Marcus, NYFW’s many platforms, Luxury deals, Charlotte Olympia, Rosita Missoni speaks

| Daily Digest

Karen Katz, CEO Neiman Marcus | Source: 123 Nonstop

Neiman Marcus Opens Customer Door Wider (WSJ) “With its extravagant Christmas catalog and the wealthiest customer base in American retailing, Neiman Marcus Group has, for more than a century, earned its snob appeal. But after a recession that cost the company $1 billion in annual revenue, the new chief executive officer, Karen Katz, is on a mission to make the chain a bit more inclusive.” More Than Meets the iPhone Lens

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Outerwear in focus, Wisdom of crowds, Artisanal touches, Condé Nast Newsstand, Carine Roitfeld on fashion’s future

| Daily Digest

Alexander Wang Autumn/Winter 2011 | Source: Style.com

Addicted to Love (IHT) “New York Fashion Week seems to be ‘Addicted to Love,’ as the sound track puts it. But a new generation of twentysomething designers has a tougher, less hearts-and-flowers way of dealing with romance, and more fashion sense about practical needs for the autumn 2011 season after the current harsh winter.” The ‘in’ crowd (FT) “Forget dictating the trends, these days brands are

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Retail versatility, Vuitton tops ranking, D&G mentorship, Lincoln Center vs. Bryant Park, Mulberry’s Emma Hill

| Daily Digest

Prabal Gurung Spring/Summer 2011 Runway | Source: Style.com

Stores Cheer Versatile Designs (WSJ) “Nearly two years after the bottom fell out of the luxury business, retailers are selectively increasing their spending budgets, targeting fashions their core customers will splurge on and key pieces that the still-wary aspirational consumers will find compelling to buy.” Louis Vuitton tops fashion brand rankings (Just Style) “The LVMH-owned label maintained its 16th place in

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