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	<title>BoF - The Business of Fashion &#187; Polo</title>
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		<title>BoF Daily Digest &#124; Polo profits drop, Chinese luxury grows, Shoppers seek the unique, BFC joins trade organisation, Gucci trademark</title>
		<link>http://www.businessoffashion.com/2009/08/bof-daily-digest-polo-profits-drop-chinese-luxury-grows-shoppers-seek-the-unique-bfc-joins-trade-organisation-gucci-trademark.html</link>
		<comments>http://www.businessoffashion.com/2009/08/bof-daily-digest-polo-profits-drop-chinese-luxury-grows-shoppers-seek-the-unique-bfc-joins-trade-organisation-gucci-trademark.html#comments</comments>
		<pubDate>Thu, 06 Aug 2009 17:10:23 +0000</pubDate>
		<dc:creator>BoF Team</dc:creator>
				<category><![CDATA[Daily Digest]]></category>
		<category><![CDATA[BFC]]></category>
		<category><![CDATA[Gucci]]></category>
		<category><![CDATA[Polo]]></category>

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		<description><![CDATA[Polo Ralph Lauren sales and profits fall (Drapers) &#8220;Polo Ralph Lauren has notched up first quarter sales of $1bn (£588.6m), an 8 percent fall on the same period last year.&#8221; Luxury Brands Gain Momentum in China Despite the Slowdown (Seeking Alpha) &#8220;Even as luxury goods consumption has fallen worldwide, China&#8217;s appetite for high-end retail has shown a [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_5676" class="wp-caption alignnone" style="width: 510px"><a href="http://www.businessoffashion.com/2009/08/bof-daily-digest-polo-profits-drop-chinese-luxury-grows-shoppers-seek-the-unique-bfc-joins-trade-organisation-gucci-trademark.html"><img class="size-full wp-image-5676 " title="rugby-by-ralph-lauren" src="http://www.businessoffashion.com/wp-content/uploads/2009/08/rugby-by-ralph-lauren.jpg" alt="Rugby by Ralph Lauren" width="500" height="345" /></a><p class="wp-caption-text">Rugby by Ralph Lauren</p></div>
<p><a href="http://www.drapersonline.com/polo-ralph-lauren-sales-and-profits-fall/5005066.article" target="_blank">Polo Ralph Lauren sales and profits fall</a> <em>(Drapers)</em><br />
&#8220;Polo Ralph Lauren has notched up first quarter sales of $1bn (£588.6m), an 8 percent fall on the same period last year.&#8221;</p>
<p><a href="http://seekingalpha.com/article/153967-luxury-brands-gain-momentum-in-china-despite-the-global-slowdown" target="_blank">Luxury Brands Gain Momentum in China Despite the Slowdown</a> <em>(Seeking Alpha)</em><br />
&#8220;Even as luxury goods consumption has fallen worldwide, China&#8217;s appetite for high-end retail has shown a strong momentum.&#8221;</p>
<p><a href="http://www.google.com/hostednews/canadianpress/article/ALeqM5jxsXIHZjTiQlWQ6lHfnpg2mm9EMw" target="_blank">Shoppers see a value in unique items, sometimes regardless of price</a> <em>(Canadian Press)</em><br />
&#8220;The clone wars have ended: It is no longer cool to carry around the must-have handbag that all your friends have, too. Nor do you need to have matching designer outfits or easily identified mass-market kitsch.&#8221;</p>
<p><a href="http://www.vogue.co.uk/news/daily/090806-harold-tillman-takes-the-bfc-on-boa.aspx" target="_blank">Fashion Membership</a> <em>(Vogue)</em><br />
&#8220;The British Fashion Council is the latest organisation to become a member of the UK Fashion and Textile Association (UKFT). The UKFT is a trade organisation which represents the fashion and textile sector &#8211; including some of the country&#8217;s top brands &#8211; and the BFC will take up two seats on its board.&#8221;</p>
<p><a href="http://in.reuters.com/article/governmentFilingsNews/idINN0524077220090805" target="_blank">Relatives barred from using Gucci brand name in US</a> <em>(Reuters)</em><br />
&#8220;A judge barred a Gucci heir&#8217;s ex-wife and her daughter from using their names commercially in the United States without trademark approval on Wednesday, saying they could confuse consumers and damage the brand.&#8221;</p>
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