Ungaro’s fall, Mark Lee confirmed Barneys CEO, Social statements, Western fits for Levi’s China, Tansky’s legacy

Emanuel Ungaro fitting a model | Source: NY Times

The Fall of the House of Ungaro (NY Times) “Ungaro was losing roughly $15 million a year, and [the Ferragamos] signaled to their bankers to look for a buyer. Abdullah was the only serious buyer who turned up. That was in 2005, and as you probably guessed, he had no experience in fashion.” Barneys Appoints New CEO (Market Watch) “Barneys New York, the luxury retailer, with the support of its shareholder Istithmar

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Future of PR, Social ad spend, Westfield profit, American Apparel subpoena, Valuing interactive magazines

Screenshot of PR Consulting Twitter Feed | Source: PR Consulting

The Future of Public Relations and Social Media (Mashable) “In the past decade, the Internet has had a huge impact on how PR professionals function. As of late, social media is changing the face of PR, as well. We interviewed 14 PR pros on the future of public relations and how they see social media changing the industry.” Social network ad spending to exceed $2 billion in 2011 (Biz Report) “The amount of money

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Chinese JVs on the rise, Affluent consumer species, Wealthy Web 2.0, Social media lessons, Hats off to Jane Taylor

Shoppers in Shanghai | Source: ChinaLuxCultureBiz

Global Luxury Brands Abandon Chinese Partners (Business China) “In addition to taking direct control of stores in China, luxury brands are hoping to boost profits by tailoring new product lines to the meet local consumer tastes, and moving their manufacturing bases to China or other Asian countries with low labor costs.” The Four Species of Wealthy Consumers (WSJ) “A doctoral student and two professors have been

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Social Media Reality Check

Fashion blog traffic to Nov 2009 | Source: Alexa

NEW YORK, United States — Ever since the dynamic and erudite young fashion blogger Tavi appeared at the runway shows in New York this past September, the fashion industry has partaken in a veritable social media orgy. Article after article rightfully declared the 13 year-old blogger and her talented fashion blogger brothers and sisters — BryanBoy, Susie Bubble and others — the new fashion stars. During New York Fashion

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BoF Twitter Poll | Gucci Eyeweb versus Burberry’s Art of the Trench

BoF Twitter Poll Gucci Eyeweb versus Burberry Art of the Trench | Source: BoF

LONDON, United Kingdom — In recent weeks, two major luxury fashion brands have taken the plunge and launched social networks built around their brands and products. It’s not a new idea by any means, and indeed I wrote a piece on this very idea for the Financial Times almost two years ago. But, that doesn’t make it any less notable because, as far as I can tell, it is the first time top fashion brands have used social

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