Ferragamo Chief Norsa Says Mexico Is Strongest Luxury Market (Bloomberg) “Salvatore Ferragamo SpA Chief Executive Officer Michele Norsa said the Italian fashion brand’s strongest sales growth among major economies this year has been in Mexico, where the wealthy spent more at home as the peso fell.” Asos benefits from overseas sales (FT) “In a statement ahead of its annual shareholder meeting, Asos said
Ferragamo menswear designer takes on womenswear (Reuters) “Italian fashion house Salvatore Ferragamo has said its menswear designer Massimiliano Giornetti will also take on women’s ready-to-wear.” Hugo Boss keeps 2009 outlook after weak Q2 (Reuters) “Hugo Boss said on Thursday second-quarter loss before interest and tax (EBIT) widened to 15.6 million euros ($21.99 million) from 2.2 million in the same period
Fashion in Dark Times (The Atlantic) “During the fashion boom that began in the 1980s, the relationship between fashion and its customers was the same as the one between art and its rich, often unlovely patrons: all that money sloshing around led to excessive consumption, but it also created a fertile soil in which works of beauty and integrity could develop.” This year’s model: How Lakshmi Menon put India in
"Australia", Starring Nicole Kidman, Hugh Jackman and … Ferragamo (WSJ) As part of Salvatore Ferragamo's "long standing brand strategy," it has made accessories for the movie Australia starring Nicole Kidman. Giles Hearts Boys, Too (Fashionista) Giles Deacon has launched a menswear range in collaboration with New Look. Retail Rx for a Hip Mom-and-Pop (NY Times) By George, a small retailer in Austin, Texas is emblematic of the challenges for mom-and-pop retailers in the current economic environment. Ugg sales soar at John Lewis (Drapers) At John Lewis, Uggs, the ubiquitous Australian boots, "saw a 300% increase in sales." Scene from Australia, photo courtesy of TV.com.