Celebrated art director Patrick Li sat down with BoF to talk about his personal journey from a UC Berkeley student obsessed with music and architecture to the top of New York’s fashion media world.
PPR Signs Letter of Intent With Yoox for Online Luxury Venture (Bloomberg) “PPR signed a non-binding letter of intent with Yoox SpA, an Italian online fashion retailer, to set up an e-commerce venture for PPR’s luxury brands. PPR plans to have more than 1 billion euros ($1.25 billion) of sales online by 2020.” Fashion house Versace may seek outside investors (Reuters) “Italian family-owned fashion house Versace may seek
Facebook buys Instagram: inflating the new tech bubble? (Telegraph) “Instagram has a significant user base in its own right, of around 30 million registered smartphone owners who have been promised the favourite photo app will retain its own identitiy. But with no particularly unique technology, the cash and stock Mark Zuckerberg will lay down for the firm is eye-popping.” Carine Roitfeld’s Initial Foray (WWD)
NEW YORK, United States — On Tuesday evening, fashion creatives, executives, and entrepreneurs from all over the world joined me and the BoF team to celebrate our 5th Anniversary with a birthday bash at the Hotel Americano, co-hosted by Phillip Lim and Julie Gilhart. To be surrounded by so many of our friends and supporters who have helped BoF become what it is today was a very special occasion indeed. So, to mark this important
Asian Designers Make an Impact in Paris (IHT) “Asian designers, whether home based or in the fashion diaspora, are making an impact in the opening days of the Paris men’s 2012 season. Phillip Lim, the Cambodian-American designer based in New York, was smart to come to Paris to show a 3.1 Phillip Lim collection that was simple but laced with the conceptual.” European Luxury-Goods Stocks May Benefit From Weaker Currencies