Chinese fast lane, Russian spending, Second-hand luxury, Wantworthy on track, Narelle Dore

| Daily Digest

Burberry Prorsum Spring/Summer 2012 | Source: Grazia

Chinese are up to speed with life in the fast lane (LA Times) “Companies obsessed with China a few years back for its flagrant counterfeiting now see it as their most promising customer, especially at a time when so many other nations are scrimping. Gucci’s sales in China in the first half of 2011 were up 39%;Bottega Veneta’s more than 80%. Prada plans to open 50 shops over the next three years.” Russians

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Equity looks to fashion, Coach moves production, Sustaining success, Selfridges’ talent, Westwood extravaganza

| Daily Digest

Fashionista.com | Source: Fashionista

Equity turns fashionable (Fashion United) “Investing in something more than a covetable wardrobe is turning to be a trend that arrived to stay. Even more equity and investment firms are looking for opportunities to enter the fashion business, which is proving to be resilient to crisis and financial turmoils.” Coach to Move Production From China (WSJ) “Leather-goods maker Coach plans to gradually move some

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Profiling value retailers, Selfridges and D&G fall out, Men’s suits’ sweet spot, Sales up at Gap, Street style e-commerce

| Daily Digest

H&M Autumn/Winter 2010 Looks | Source: Style Pantry

Profiling the Value Retailers (WWD) “Stores, like people, have personalities. Whether that personality determines the customer, or the customer the personality, is one of those chicken versus egg questions that’s a matter of perennial debate (well, at least among retail nerds).” Selfridges and Dolce & Gabbana in ‘giant falling out’ (Telegraph) “From next spring, the chain’s department stores

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Hilfiger cool again, H&M looks South, Prada Japan under fire, Selfridges’ augmented reality, Fashion philosophy

| Daily Digest

Tommy Hilfiger Summer 2010 | Source: Tommy Hilfiger

Tommy Hilfiger Replants His American Flag (NY Times) “Once a preppy kingpin and then a megabrand designer of urban streetwear, with over $1.9 billion in sales… at his peak, Mr. Hilfiger, in the 1990s, was very cool. But then, about 10 years ago, he just wasn’t…When did Tommy Hilfiger become cool again?” H&M Examining Latin America, Australia for Openings (Bloomberg) “Hennes & Mauritz, Europe’s

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Alligators and exotics, Black Friday ahead, Selfridges’ centenary profits, Zac Posen on Target, Comité Colbert grows

| Daily Digest

As Sales Vanish, Skins Stay on Alligators (NY Times) “If alligator is still popular but is simply unaffordable… why are thousands of the reptiles sitting unwanted in Louisiana? And why have prices for the raw product dropped so low? He says Hermès is hoarding the skins, forcing other fashion houses to pay dearly and leaving the farmers with few other options.” US shoppers discount driven on Black Friday (Drapers)

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