Little luxuries, Prada’s rich valuation, Off-price Chinese portals, Gilt’s Park & Bond, The best of Tumblr

| Daily Digest

Lanvin Petite | Source: Courtesy of Lanvin

Little Luxuries: Designer Apparel for Children is the Next Big Thing (Forbes) “Move over fast fashion collaborations, another way haute designers will reach more consumers this year is by crafting luxury clothing for the scooter set… Back to school will bring even more designer collections to the playground.” Can Prada get away with a luxury valuation? (CTV News) “The price range looks rich. The question is

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Toasting Fred Hayman, Prada IPO over subscribed, Fashion victory, Philip Treacy on Ascot, CSM’s big move

| Daily Digest

The Fred Hayman Place sign, Los Angeles | Source: Fred Hayman Archives

Fred Hayman: The man behind Rodeo Drive (LA Times) “He’s been called the godfather of Rodeo Drive. And it’s not all hyperbole. Before Beverly Hills was the land of designer logos… Hayman was an architect of luxury in Los Angeles, bringing high fashion, a social shopping atmosphere and white glove service to what was still a sleepy main street when he went into retail in 1967.” Prada IPO five times

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Surprise satchel success, Fashion’s biggest name, New creatives at Cacharel, SuperGroup slides, CFDA winners

| Daily Digest

The fluorescent Batchel | Source: The Cambridge Satchel Company

British satchel maker takes fashion world by storm (Guardian) “A traditional chestnut-coloured unisex leather satchel, made in the UK by a mother-and-daughter team, has unexpectedly taken the fashion world by storm. The Cambridge Satchel Company has become 2011′s accidental multimillion-pound global hit, and is competing for popularity with international mega-league brands.” How Prada became the biggest name in

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Luxury optimism, Long live the it bag, Hermès sells Jean Paul Gaultier stake, Prada’s naysayers, Face of the future

| Daily Digest

Louis Vuitton Spring/Summer 2011 Handbags | Source: Louis Vuitton

Luxury goods set for another record year (Reuters) “The outlook for the luxury goods market has improved significantly in recent months, boosted by a stronger-than-expected rebound in the United States and Europe and surging demand in China, consultancy Bain & Co said.” Why those in the know are no longer in with the It Bag (Independent) “The It Bag is dead! Long live the It Bag!… And that is the new

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Value suiting, Online sales double, Shanghai counterfeits, William’s missed moment, Preserving Prada’s show sets

| Daily Digest

Brooks Brothers Spring/Summer 2011 | Source: Brooks Brothers

A Hard-Working Suit (WSJ) “There are more suits priced between $500 and $700 that include features once found typically on more expensive suits: fine Italian fabrics, modern cuts and narrow lapels. The goal is to attract younger men who increasingly want the current fitted, formal styles as opposed to the boxy suits and more casual officewear of their dads.” Online clothing sales double (Telegraph) “Over a third

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