Prada’s glorious graphics, Gap earnings plummet, Gucci skins, S-commerce now, Paul Smith

| Daily Digest

Prada, Fendi, Max Mara Autum/Winter 2012 | Source: Showmoda

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

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Canada’s fashion wave, Ready-to-war, Italian optimism, Richemont sales rise, Prada star power

| Daily Digest

Joe Fresh Autumn/Winter 2011 | Source: Mens Models Talk

New wave of Canadian fashion brands is looking to build a worldwide presence (FT) “Canada has many assets – commodities, natural resources, space, poutines – but most people would not count fashion among them… Yes, the Canadians are coming. And no, it’s not all lumberjack shirts and ice hockey jerseys. Their arrival marks a sense of maturity for retailers on both sides of the border.” France and Italy:

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Caution in China, Prada slump, Fashion week flare up, H&M sales lag, Julia Restoin-Roitfeld

| Daily Digest

Salvatore Ferragamo China | Source: Moda Online

Luxury brands turn cautious on China (FT)  “Watching three malls open within a square mile over the past year and a fourth preparing to follow, all with their share of luxury boutiques, Beijingers may think that soon their city will have as many Louis Vuitton and Salvatore Ferragamo stores as bank branches or McDonalds restaurants. But things might be on the verge of changing.” Prada Poised to Extend Slump as China

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Market Pulse | Strong Results Mask Market Jitters

| Market Pulse

Savigny Luxury Index November 2011 | Source: Savigny Partners

  LONDON, United Kingdom — As the luxury and fashion sector enters the critical holiday shopping period on the back of strong results for the first half of the year, there are growing signs that executives are worried about what the future holds for the luxury market in 2012. Big news • This has been another month of record results for the luxury sector, with Hermès, Richemont, Ferragamo, Burberry, Tiffany, Prada and Ports all

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Michael Kors IPO, Gucci sales hold firm, Tailoring to Asia, Frisoni thrives at Vivier, All that glitters

| Daily Digest

Michael Kors by Mikael Jansson | Source: Interview

Michael Kors Seeks to Raise $792.3 Million in U.S. IPO (Bloomberg) “Michael Kors Holdings Ltd., the luxury-clothing company, is seeking to raise as much as $792.3 million in a U.S. initial public offering as the company’s founder and the biggest investor trim their stakes… Michael Kors, the designer who founded the company in 1981, is planning to cut his stake as retailers of luxury goods outperform mid-priced

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