Revamping Richemont, China rules out luxury tax, Online boomers, Theyskens’ next act, Paris looks to the past

Ferragamo Spring/Summer 2010 | Source: Ferragamo

Revamping Richemont’s Wardrobe Search The Source (WSJ) “A logical alternative to Prada, which has denied reports about selling a stake [to Richemont], would be Ferragamo, which has been mulling an IPO for a couple of years. The Italian company offers an opportunity for diversification–with a portfolio ranging from footwear and clothes to perfumes and accessories it could complement Richemont’s strengths.” MOF rules out

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Theyskens and Ricci part, Fashion deflates, H&M in Moscow, London retail

[caption id="attachment_2689" align="alignnone" width="500" caption="Olivier Theyskens and Lily Donaldson at the conclusion of Nina Ricci A/W 2009"][/caption] Theyskens, Ricci Part Ways (WWD) "Olivier Theyskens and Nina Ricci are officially divorced." Fashion Deflation (Forbes) In anticipation of consumers' budget cuts, expect lower prices from designers and retailers. H&M unveils full concept store in Moscow (Fibre2Fashion) Despite the global recession, H&M opens up shop in Moscow. London retail sales hold up (Drapers) "London retail sales rose 5.9% on a like-for-like basis in February outperforming the rest of the UK, which recorded a 1.8% fall in like-for-like sales over the month."

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Friday Column | A Tale of Three Revivals

The Last Balmain, courtesy of Style.com

PARIS, France — I’m in Paris for the collections, after sitting last season out. It’s funny the way everything looks different when you’re actually here. Take Balmain, for instance. I assumed, from what I read in the press after last season’s showing by designer Christophe Decarnin, that it was the collection du jour; the one that everyone adored, adored, adored. It turns out that well, this is not really

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