The Milano man, Buyers flock to Pitti, Britain Creates, Mr Porter manifesto, Anna Dello Russo

Brioni Spring/Summer 2013 | Source: NY Times

All the World’s a Stage (IHT) “If all the world’s a stage, the Milan designers found a way to put simple, modern clothes into different contexts. And Brioni, since it was bought by the PPR luxury group, has burnished its offerings and apparently lowered the age range.” More foreign buyers at Pitti Uomo (Fashion United) “Despite the numbers, which reveal that the Italian fashion industry will end 2012 in the

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Mixed emotions at Prada, Lululemon stalls, Gilt doubles down, Pinault in conversation, Kors chat

Prada's flagship store in Milan | Source: LA Times

Prada frets about tourist stayaways (Reuters) “First-quarter profit doubled at the Milan-based maker of colored Miu Miu dresses, outpacing revenue growth, but the company is not immune from concerns about the euro zone, a sluggish U.S. recovery and a possible slowdown in Asia.” Lululemon CEO Eyes Holidays After Sales Miss (Bloomberg) “Chief Executive Officer Christine Day was unapologetic after projections for

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PPR and Yoox, Versace seeks investors, New York start-ups, London menswear, Laidback Lim

Phillip Lim by Nagi Sakai | Source: The Fashionisto

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

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Glare on Alber, Yoox and PPR in JV talks, Gap inches back, Facebook float, Pinterest’s riches

Alber Elbaz | Source: Hypebeast

In the Spotlight’s Glare (NY Times) “Much of what has been written about Mr. Elbaz on the occasion of his 10th anniversary as the designer of Lanvin, a milestone that normally might merit a mention somewhere near the classifieds, could illustrate what is a rare example in the catty fashion industry of the Buddhist concept of mudita, or taking pleasure in another person’s good fortune. These days, everyone seems to love him,

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Market Pulse | No Sparkle Despite Shiny Results

Savigny Luxury Index April 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) continued its sluggish performance this month, ending almost flat (SLI components actually fell an average of nearly 2 percent when expressed in local currency) compared to a drop of 0.7 percent in the benchmark MSCI World Index (MSCI).  Newsflow was good overall, with strong results and two successful IPOs, but dampened somewhat by concerns about growth prospects. Big news

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Gap’s brand lab, Italian IPO appeal, PPR sustainability plan, Social gifting, Tumblr show

Brunello Cucinelli Spring/Summer 2012 | Source: Neiman Marcus

A Humbled Gap Tries a Fresh Coat of Pep (NY Times) “Yet this is a Gap — at the Grove, an upscale mall in Los Angeles. Only it’s more than a Gap — it’s a laboratory for reviving the brand, one of the great hot-to-not stories of American retailing” Cucinelli’s stellar debut seen boosting Italy IPO appeal (Reuters) “Italian cashmere specialist Brunello Cucinelli made a sparkling market debut in Milan on Friday,

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Fashion for kids, PPR sales up, ASOS meets targets, Carr departs Pringle, Nowness in China

Burberry Kids Campaign 2012 | Source: Ms Style and Grace

That Dress Is So Preschool (NY Times) “Now, children are the new accessory, as once-snooty brands line up to please conservative-minded millennials while they use tiny garments to strengthen their brand power in regions like Asia.” Solid Q1 sales growth at French luxury group PPR (Business Week) “Blockbuster growth in luxury sales drove an 11 percent gain in first-quarter revenue at French retail and luxury group

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Bonobos raises $16m, Gilt Groupe gabs, PPR downgrade, Fashion Television folds, Moscow men

Andy Dunn | Source: NY Times

Stores Go Online to Find a Perfect Fit (NY Times) “When Andy Dunn helped start Bonobos five years ago, he wanted to shake up the retail industry with a men’s wear brand exclusively sold online. Now Mr. Dunn, 33, is embracing the brick-and-mortar model, striking a partnership with Nordstrom. It is a symbiotic deal. Bonobos will get $16.4 million in cash and more than 100 stores to sell its clothes, while Nordstrom will get

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Market Pulse | China Sneezes, but Confidence Returns

Savigny Luxury Index February 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) outperformed with a gain of 6.9 percent for the month versus 2.6 percent for the benchmark MSCI World Index (“MSCI”).  Confidence in the sector returned towards the end of the month, with many of the bigger luxury stocks posting gains after having been flat for most of February. Big news Earlier in the month, China’s announcement that industrial output was slowing had sent

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