Reiss’ royal revival, Pringle knitting pretty, Ferragamo plans IPO, PVH beats forecast, Rutson’s Chinese secrets

| Daily Digest

Reiss Shola dress, worn by the Duchess of Cambridge | Source: Reiss

Kate Middleton: putting the regal into Reiss (Telegraph) “‘The Reiss dress was perfectly pitched… Britain has the best high street in the world. No one exemplifies the strength of that better than the Duchess of Cambridge.’” Knitting pretty (FT) “As well as giving Pringle a youthful burst of creativity, the Archive Project provides the brand with a reputation for supporting new talent…

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Moda Operandi launches, Chinese luxe investors, PVH ups forecast, Blurring fashion and art, Diego’s Colosseum

| Daily Digest

Backstage at Thakoon | Source: Thakoon

A Faster Trip From Runway to Shopping Cart (WSJ) “Collections of dozens of high-end design houses in New York, London, Milan and Paris will be opened up to individual shoppers, who will be able to place orders on a site called Moda Operandi, or modaoperandi.com.” Chinese firms eye luxury’s battered stars (Reuters) “Luxury Western brands selling designer handbags and handmade suits to China’s

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Japanese web bargains, Lagerfeld goes masstige, Richemont sales jump, PVH raises outlook, Wintour’s web

| Daily Digest

Louis Vuitton Omotosando | Source: Highsnobiety

Web-Bargain Luxury Comes to Japan (WSJ) “For decades, the model for selling luxury imported goods in Japan has been simple: plush surroundings, attentive service—and the ‘Japan premium’… But the cozy system may be cracking, [thanks in part to] third-party websites to jump in with deep discounts.” Karl Lagerfeld cancels Paris show (Catwalk Queen) “Instead, the designer is working on a new

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

| Daily Digest

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

| Daily Digest

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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