Uniqlo.com’s US launch, Coach rebounds, Puma profits slump, Pinault’s POV, Nicola Formichetti

| Daily Digest

Uniqlo.com screen shot | Source: Uniqlo.com

Uniqlo.com to the Rescue of Middle America (Business Week) “Uniqlo, the Japanese clothes giant, launched an online shopping site in the U.S. this week. This may not seem like important news to many, but to a certain American consumer—think very well-dressed, without much money, and living between the coasts—it is like a food drop from a Marshall Plan plane in 1940s Berlin.” Coach bags an earnings rebound (FT)

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Yoox targets China, Bostock to ASOS, Facebook ‘Want’, Bio-degradable shoes, Kors and effect

| Daily Digest

Yoox.cn screen shot | Source: Yoox.cn

Two Years After Entering Market, Yoox Launches Chinese Site (Jing Daily) “Two years after entering the China market with the launch of emporioarmani.cn, this week Milan-based designer discount e-commerce site Yoox launched a new Chinese site, Yoox.cn.” M&S retail veteran Bostock to join Asos (FT) “Kate Bostock, the former head of non-food retailing at Marks and Spencer, is to join Asos, the online fashion

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Fashion week in São Paulo, Joe Fresh at J.C. Penney, Flashy deals, Gucci’s win, PPR star

| Daily Digest

Reinaldo Lourenco June 2012 | Source: The Seattle Times

São Paulo Fashion Week: One of the biggest fashion weeks in the world (Exec) “For many years, quality fashion in Brazil came from the European market. Brazilian magazines used to make​​their fashion editorials based on the international aesthetic. The designers of the time were required to follow trends dictated by the international textile industry. However, there was a need to explore the fashionable Brazilian cultural

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Coach profits soar, Puma slows, Issey Miyake’s design award, Savile Row defenses, SEH Kelly

| Daily Digest

Elle’s Facebook page | Source: WWD

Why Coach Continues to Bag Soaring Profits (Forbes) “The wins just keep on coming for Coach. The New York-based leather goods and accessories brand just reported a 21 percent bump in profits as sales for its fiscal third quarter rose 16.6 percent to $1.11 billion.” Puma says hit by slowdown in Europe in Q1 (Reuters) “German sporting goods company Puma said wariness among European consumers hurt its first

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

| Daily Digest

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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