On the straight and narrow, Buying runway looks, Puma feels the pinch, Singer talks T, Anna Wintour on McQueen

L-R Donna Karan, Marc Jacobs, Theyskens’ Theory | Source: Style.com

On the Straight and Narrow (IHT) “It is back to the straight and narrow in New York Fashion Week. No more loose and sloppy casual clothes, easy sportswear or girlish frills. Women — grown-up women — are being asked to smarten up.” Who Buys These Clothes? They Do (WSJ) “Many of the runway styles are actually purchased by a small group of customers, not all of them from the isle of Manhattan. And unlike celebrities

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Theyskens and Theory, LVMH Hermès investigation, Content and commerce, Puma ups forecast, Leith’s Lula

Olivier Theyskens | Source: Frillr

Olivier Theyskens Is Theory’s New Artistic Director (The Cut) “Theyskens previously signed a deal to design the Theyskens Theory label for the brand, which debuts for spring 2011, but will take over design for the entire label as artistic director beginning with the fall 2011 season.” French regulator to examine LVMH swoop on Hermes (Reuters) “French luxury goods company LVMH’s surprise acquisition of 17.1

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Armani unveils Dubai hotel, Burberry beauty, Puma’s Q1 earnings soar, Macy’s boosts outlook, The American Woman

Armani Hotel, Burj Dubai | Source: Courtesy Photo

Armani Unveils Hotel in Dubai (WWD) “His first hotel in the world… occupies eight floors of the soaring Burj Khalifa here, a dramatic tower into the sky that is the world’s tallest building. The 160-room hotel, for which almost no expense has been spared, boasts eight restaurants, a spa and three retail outlets.” Burberry forges ahead with beauty range (Independent) “Burberry will launch its line of color

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Puma gains, Reiss launches sub-brand, Kenneth Cole steady, Icelandic market manipulation, Valley of the dolls

Puma campaign | Source: Puma

Puma prepares for ‘volatile’ retail sector (FT) “Puma, the world’s third-largest sports goods maker, said it expects a challenging second half of the year after posting better-than-expected results for the second quarter on Friday.” David Reiss and Andy Rogers (Drapers) “Reiss launches its first sub-brand this week, aimed at a younger, edgier customer. Founder David Reiss and brand director Andy Rogers

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Armani profits drop, PPR focuses, Puma restructures, Uniqlo thrives, Fashion embraces activism

Armani's 5th Ave. store, courtesy of Armani

Armani profits drop 14% in ‘difficult’ year (FT) “Giorgio Armani, the trend-setting Italian fashion group, reported a 14.6 per cent fall in profits in 2008 in spite of a slight rise in revenues and the opening of 50 new stores, as its owner reflected on a ‘difficult’ year for the industry.” PPR says to focus on cash and cost-cutting (Reuters) “French retail and luxury group PPR on Thursday

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