Cheap chic showdown, Volatile celebrity brands, Giving respect, Prada profits soar, Remembering Lee McQueen

Primark Autumn/Winter 2010 | Source: Via Woman

The future of cheap chic (Guardian) “It was a sign of the times: fashion so cheap it became ‘disposable’… But the days of the £4 jeans and £2 T-shirt could be numbered, with analysts and retailers now warning that the era of constantly reducing prices is coming to an end.” Celebrity Fashion Lines (Forbes) “Celebrity clothing brands are particularly volatile, because their success is closely tied

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What millennial girls want, Style.com vs Vogue.com, Toledano out at Chloé, Prada countersues, Tiffany launches handbags

Proenza Schouler Autumn/Winter 2010 | Source: Proenza Schouler

What Do Girls Want? (NY Times) “You can understand why brands like Chanel want to limit their Web exposure, but what happens to interest if the immediate outlet is blocked? This is not a generation that will wait to get a number for admission.” Style.com’s Faces Off With Vogue (WWD) “Right after Labor Day, Style.com, once the online home of W and Vogue but now a brand in its own right, will face some stiff

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Street style icons, Home grown Chinese luxury, Prada’s first-half boost, Next warns of slowdown, Masterful Crisp

On the Street: Fabrizio, Milano on The Satorialist | Source: The Satorialist

Seen on the Street: Strangers as Style Icons (WSJ) “We’ve had the age of supermodels as fashion icons and the age of celebrities. Now comes the age of attractive strangers… BeautifulStranger, The Sartorialist and other photo websites are turning fashion’s focus from models to regular people.” Chinese luxury wannabes try to shake off “Made in China” image (Reuters) “‘I threw away

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Couture jewelry, New Creative Director at Lacroix, Armani slumps, Prada’s secret Chinese shareholder, Rocha II

Chaumet Tiara | Source: Chaumet

Jewelry With Stories to Tell (IHT) “You don’t need 3-D glasses for the sculpted shapes to stand out and the colors to pop. But the high jewelry that had an open day during last week’s haute couture season is finely tuned to the latest fashion.” Christian Lacroix’s New Creative Director is Up for the Challenge (Fashionista) “Besides Sarah Burton at Alexander McQueen, there is no designer in the world with a more

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Prada aims high, Takashimaya shutters USA, Managing content, Rise of shopping tours, Menswear’s radical shift

Thom Browne Spring/Summer 2011 Detail | Source: Style.com

Prada Is Aiming at a Valuation of More Than $4.9 Billion (Bloomberg) “Prada is aiming for a valuation of over 4 billion euros ($4.95 billion), while bankers estimate the Italian fashion label is worth between 3 billion euros and 4 billion euros.” Takashimaya Says It Will End U.S. Operations (Bloomberg) “Takashimaya Co., a Japanese department-store operator, said it plans to terminate its U.S. operations to

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All Saints smashes targets, Weaker euro bolsters luxury, Prada IPO talks, Euroluxe in USA, HauteLook’s $31m

All Saints Summer 2010 | Source: All Saints

All Saints smashes sales targets after low-key New York launch (Retail Week) “All Saints has put British fashion firmly on the global map after it racked up sales of nearly $1m (£680,000) in its first week of trading on New York’s Broadway. ” Weak euro helps European luxury through crisis (Reuters) “Italian jeweler Bulgari (BULG.MI), fashion house Valentino and French handbag maker Longchamp are among those who

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Giles officially at Ungaro, Tommy weighs in at PVH, Prada boosted by retail, Rethinking the 70s, Gaga’s fashion effect

Calvin Klein Collection Summer 2010 | Source: PVH

Giles Deacon confirmed as Creative Director of Ungaro (Vogue.com) “The new appointment is bound to bring a close to an unsettled atmosphere at the French house that has reigned since Emanuel Ungaro himself retired in 2004.” (RSS and email subscribers: watch exclusive BoF interview here) Phillips-Van Heusen beats, but Tommy weighs in Q2 (Reuters) “Analysts had been expecting a bigger boost from Tommy Hilfiger, the

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Hilfiger cool again, H&M looks South, Prada Japan under fire, Selfridges’ augmented reality, Fashion philosophy

Tommy Hilfiger Summer 2010 | Source: Tommy Hilfiger

Tommy Hilfiger Replants His American Flag (NY Times) “Once a preppy kingpin and then a megabrand designer of urban streetwear, with over $1.9 billion in sales… at his peak, Mr. Hilfiger, in the 1990s, was very cool. But then, about 10 years ago, he just wasn’t…When did Tommy Hilfiger become cool again?” H&M Examining Latin America, Australia for Openings (Bloomberg) “Hennes & Mauritz, Europe’s

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Fashion films flourish, Etailers buck decline, Boss factory survives, Wintour honoured, Helmut’s minimalism

Prada's First Spring | Source: Prada

Cinema à la Prada (WSJ) “With the Internet and digital technology, industry executives say short online videos have become an essential part of the fashion marketing tool box, offering customers a new way to interact with a brand and show clothing in motion.” Web-only luxury retailers fared well during the recession (Internet Retailer) “Luxury goods retailers that sell exclusively online increased their sales by

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Ralph Lauren takes on Paris, Uniqlo’s sets 5th Avenue rent record, Outnet demand, Prada lawsuit, Spazio Fendi

Ralph Lauren | Source: American Book Center

Ralph Lauren: New in an Old World (IHT) “Standing shoulder to shoulder at the Élysée Palace, the French president, Nicolas Sarkozy, and the American legend Ralph Lauren held a mutual admiration society.” New York’s Fifth Ave. Sets Record with Uniqlo Lease (Bloomberg) “New York’s Fifth Avenue is claiming a city retail record: Japanese clothier Uniqlo agreed to pay $300 million over 15 years to bring its affordable

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Top 10 Fashion Films of the Season

LONDON, United Kingdom — The fashion film movement has hit the mainstream, with well-known brands like Prada and Y-3 running integrated, cross-channel campaigns around high-impact digital videos and a dedicated Digital Schedule for fashion films and catwalk streams now in place at London Fashion Week. But there were no signs that the medium was condensing around fixed codes. Quite the opposite. What we saw was the kind of restless innovation and constant evolution that characterises the fluid nature of digital media itself, with an explosion of new films that energised, but also transcended, the seasonal presentation schedule, speaking directly to consumers across the internet as part of in-season digital campaigns. During the Paris menswear collections, Stefano Pilati opened the Yves…

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Japan capitalises on cute, Prada profits up, Safilo reports Q1 loss, Viral video spikes traffic, Twiggy’s journey

Shizuka Fujioka, Yu Kimura and Misako Aoki | Source: Daylife

Japan’s Ambassadors of cute (FT) “Economists are now looking at Japan and going: ‘Well, they don’t have the economic clout they had before, but they have a kind of soft power in view of the incredible global popularity of manga and anime.’” Prada’s core profit up 3 percent in 2009 (Reuters) “Italian fashion house Prada said 2009 core profit rose 2.8 percent to 290 million euros ($389.8 million),

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Richemont to buy Net-a-Porter, PVH acquires Hilfiger, Prada’s maltreatment, Liberty bid, GenY luxe life

Chloé Jumpsuit on Net-a-porter.com | Source: Net-a-porter

Net-a-Porter is being acquired for up to £350m by Richemont (Telegraph) “The deal, expected to be completed this week, will see founder Natalie Massenet, a former fashion journalist, become at least £50m richer as Richemont acquires the remaining 70pc of the company it doesn’t already own.” Phillips-Van Heusen Acquires Hilfiger for $3 Billion (NY Times) “Phillips-Van Heusen, the clothing conglomerate that

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