BoF compiles the most important professional moves of the week.
Sonny Vandevelde brings us behind-the-scenes shots from Paris menswear week.
LONDON, United Kingdom — Paul Smith Ltd., the British fashion label, plans to open 25 outlets in China in the next five years as it re-enters the world’s second-largest economy to tap wealthy customers for growth.
Colin’s Column | Looking Back at London (Opinion) “Are we talking about London Fashion Week or a festival of childish self-indulgence? For me, fashion design is about cut, shape, body and proportion, as it always has been. But sadly, many of the recent London shows featured banal shapes hidden under a riot of digitally created patterns, sometimes in the crudest of colours. Finding Your M.O. | Part 8: Managing Your
Paul Smith: still the best of British (Telegraph) “‘Quirky and cool’ work well to encapsulate his output, from his first boutique in Nottingham in 1970 selling standard shirts with colourful stitching around the buttonholes, to a business empire that today stretches to 75 countries, with a turnover of £400 million.” H&M August sales hit by warm weather (Reuters) “World no.2 fashion retailer Hennes
Global Briefing | Chinese Fashion Brands Look West (Insight & Analysis) “It’s nearly impossible to go a week without reading about international fashion brands expanding their operations in China. But what about Chinese brands targeting the West?” Op-Ed | What Went Wrong at Aquascutum? (Opinion, Insight & Analysis) “In April of this year, at a time when Burberry posted an 11 percent increase in sales,
Paul Smith upbeat about China return (FT) “Sir Paul Smith, the UK fashion designer, is optimistic about his brand’s return to China, despite fears that the Chinese market for luxury goods is cooling.” PVH raises 2012 outlook again on Europe (Reuters) “Clothing maker PVH Corp raised its full-year earnings outlook for the third time this year, as it expects its European business to grow and its flagship Tommy
Bags to riches: Anya Hindmarch interview (Telegraph) “Anya Hindmarch, an attractive woman and designer of desirable handbags and accessories, but one imbued with a political conviction as profound as the determination that has made her head of an expanding international business, with 54 shops worldwide and an annual turnover well in excess of £20 million.” International shoppers boost UK retail industry (Retail Weekly)
At Prada: Glorious Graphics (NY Times) “Miuccia Prada went back to her basics: geometric print, graphic, straight line cutting and embellishment — but the result was like seeing reruns of early ideas digitally enhanced to a Blade Runner-style futurism.” Bleak Christmas for Gap as earnings drop 40% (FT) “Gap’s efforts to revive its fortunes suffered another setback in the crucial Christmas quarter when the clothes
How The Uncertain Economy Is Changing The Definition Of Luxury (Forbes) “With the emergence of new wealthy consumers from the BRIC countries and the economic downturn for most nations outside of the BRIC superfecta in the past few years, luxury has taken on a multitude of new meanings. No longer does it exclusively equate to expensive products that are mostly of French or Swiss origins.” Fashion’s Next Frontier
LVMH and Central St Martins Partnership (Vogue UK) “Central St Martins new Kings Cross building will feature a state-of-the-art lecture theatre sponsored by LVMH. The luxury conglomerate has also announced plans for a scholarship programme to recruit promising designers from the university for its stable of brands.” Tamara Mellon leaves Jimmy Choo (FT) “Tamara Mellon has stepped down from Jimmy Choo, the footwear and
“The key to my success in Japan has been the sheer love and enthusiasm of going there…I was immediately willing to go two, three, four times a year. I had to understand how it was all working…immersing myself in the Japanese way.” Paul Smith, speaking to the UKTI about how to do good business in Japan, where Mr. Smith has built a retail network of more than 200 stores, now constituting the lion’s share of a