Long view on flash sales, Milan gets sporty, SuperGroup saturation, Versace for H&M, Della Valle’s Empire

| Daily Digest

Gilt Men's Shirt Shop | Source: Gilt

Bargains on Flash Sale Sites Serve a Long-Range View (NY Times) “Flash sale Web sites, a thriving e-commerce trend to promote limited-time sales, started as a way for brands to unload excess inventory… But now they have become something else: a way to advertise and find new customers, many of whom visit the sites of the brands and buy full-price merchandise soon after the sales.” Olympics Ahoy! (IHT) “Love

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Gap to shutter 200 stores, Impact of Japan crisis, The Kate effect, Tod’s hikes dividend, Jean Touitou: designer

| Daily Digest

Gap Spring/Summer 2011 | Source: Twitexpress

Turning point for Gap as 200 stores close worldwide (Independent) “Chairman and CEO Glenn Murphy has announced that Gap is to close 200 of its 900 worldwide stores by 2013, and focus on modernising its signature look. He also admitted that Gap had not tried hard enough to attract ethnic minority customers in the US.” Luxury goods firms fear effect of Japanese disaster (Guardian) “Shares in some of the

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Couture time, Asia’s thirst for luxury, Coach cost pressure, Pakistani fashion, Tod’s colossal Colosseum project

| Daily Digest

Christian Dior Couture 2011 | Source: Style.com

And Now Couture (On the Runway) “Not even 24 hours after the Paris men’s shows had ended they were a dim memory. The women had moved in for the spring haute couture shows, like a temperance league.” Asian shoppers thirst for luxury (BBC) “So many times in the past few decades, the insatiable appetite of the Americans [helped the world out of recession]… But if China’s emerging class of consumers put

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Richemont’s earnings leap, Zegna’s future rests in Asia, Tod’s profit up, Dior’s fashion film play, JF&Son world view

| Daily Digest

Vacheron Constantin Timepiece detail | Source: Vacheron Constantin

Richemont’s Earnings Rise 88 percent (Reuters) “Cartier watchmaker Richemont said strong demand for pricey timepieces in Asia and the Americas boosted first-half profit, which beat expectations, adding the brisk pace of growth continued in October.” Ermenegildo Zegna: Fashionably Alive (The Economist) “Zegna has not been left unscathed by globalisation, an economic downturn and the capriciousness of fashion:

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Reinterpreting Valentino, Tod’s outlook brighter, Urban Outfitters fails to impress, Hakaan and ANDAM, RAFW wrap up

| Daily Digest

Superdry Spring/Summer 2010 | Source: Superdry

Reinterpreting Valentino (WSJ) “Since its inception in 1959 in Rome, Valentino had been almost single-mindedly focused on the dressiest moments in a woman’s life… But the fashion house’s customers need clothes during daylight hours. ‘It’s a reinterpretation of the brand.’” Tod’s sees bright 2010 on U.S., Asia rebound (Reuters) “Italian shoe and bag maker Tod’s said

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