Thom Browne’s new deal, Saks ups margin, Digital revolution, Primark sweatshop claims, London’s links

Thom Browne’s New Deal (On the Runway) “Thom Browne… has sold the majority stake of his business to the Cross Company, the Japanese apparel company he began a relationship with in August. The deal, announced Thursday, lets Mr. Browne maintain creative control of his collection. It will also take some financial pressure off the designer.” Saks Trades Sales for Margin After Discount Setback (Bloomberg) “Saks

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Top editors, Balenciaga’s star, Primark’s performance stuns, ‘Style & Design’ suspended, Fashion looks back

Anna Wintour, Cindi Leive and Roberta Myers

2009′s Most Powerful Fashion Magazine Editors (Forbes) “This year, moving pictures mattered to U.S. magazine editors like never before.” Gucci Group sees Balenciaga as a rising star (Forbes) “Balenciaga, the trendy fashion house favoured by actresses such as Charlotte Gainsbourg, is the fastest growing brand within the Gucci Group and meeting all pre-crisis targets, its head said on Monday.” Primark

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Burberry holds steady, Retailers embrace cheap-but-chic, Primark sales soar, Retail stocks drop, Wakeley returns

Burberry S/S 09 ad campaign, courtesy of Burberry

Burberry wholesale sales slide (Drapers) “Burberry’s revenue rose 2% on an underlying basis and grew by 21% to £663 million for the six months ended March 31 but the luxury brand warned that wholesale sales would slide further in the next six months.” Do Discount Designer Duds Make The Grade? (WSJ) “Recession-scarred retailers are turning to collections of cheap-but-chic designer clothing to lure customers

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