Proenza Schouler Autumn/Winter 2010 | Source: Proenza Schouler

What Do Girls Want? (NY Times)
“You can understand why brands like Chanel want to limit their Web exposure, but what happens to interest if the immediate outlet is blocked? This is not a generation that will wait to get a number for admission.”

Style.com’s Faces Off With Vogue (WWD)
“Right after Labor Day, Style.com, once the online home of W and Vogue but now a brand in its own right, will face some stiff competition from one of its former comrades, as Vogue editor in chief Anna Wintour unveils a major relaunch of vogue.com.”

Chloé Moves (Vogue.com)
“Ralph Toledano no longer holds the position of CEO and chairman at luxury fashion house Chloé… There are suggestions that Toledano was pushed out by his new boss, Marty Wikstrom who heads up Richmonts fashion and accessories businesses.”

Prada Japan hits back at ex-employee over harassment lawsuit (AFP)
“The Japanese unit of Italian fashion house Prada has launched a countersuit claiming defamation against a former employee who is suing the company for alleged sexual harassment and unfair dismissal.”

Something New in Tiffany Blue (WSJ)
“Tiffany & Co. now has bags to match its little blue boxes. The jeweler is launching an expansive collection of handbags, ranging from clutches to totes to satchels, in a dozen of its U.S. stores on Sept. 1.”

Manish Arora A/W 09, courtesy of Coutorture

Indian designers make their mark with craft (IHT)
During Wills Lifestyle India Fashion Week, designers are making a mark through artisanship.

Nike realigns global footprint (Just Style)
Sporting goods giant Nike last week unveiled plans to reorganise its namesake brand into six regions with reduced management in a bid to make its operations more efficient and trim costs.

Tiffany’s Reports Sales Declines (Seeking Alpha)
“Tiffany’s has exceeded earnings expectations five of the last six quarters, which seems to suggest that analysts underestimate Tiffany’s ability to sell in a tough consumer spending market. However, the declines in sales are serious and a real cause for concern.”

H&M and Zara top Retail Best Brands list (H&M)
According to an Interbrand report, H&M & Zara are in the top 5 of most valued retail brands.

Inflation surprises and jumps to 3.2% (FT)
“Inflation as measured by the consumer price index rose to 3.2 per cent in the year to last month, up from 3 per cent in January.”