Aldo’s global footprint, Vera’s high and low, Being Lululemon, Tom Ford’s secret, Formichetti confirmed at Mugler

| Daily Digest

Aldo's global footprint (Globe and Mail) "Canadian shoppers are familiar with Aldo shoes. But few realize that this Montreal-based retailer has quietly built an empire that spans 1,500 stores in 55 countries." Vera Wang's Idea of Empire: Marry High, Low, In Between (WSJ) "Ms. Wang... is pursuing a three-tiered retail strategy of selling through luxury, midpriced and discount stores. A growing number of designers... are trying to deploy similar strategies as economic worries linger." Lululemon Grows Fast on a Slim Budget (WSJ) "Lululemon belongs to an emerging class of retailers focused primarily on designing, making and selling athletic wear to women—and grabbing growing shares of the estimated $15 billion market for women's fitness attire." Tom Ford’s Very Small, Glamorous Show…

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Richemont recovery, Menswear’s positive signals, Discount sleight-of-hand, Oligarchs tested, Ford picture perfect

| Daily Digest

Cartier Panther | Source: Cartier

Richemont reveals recovery in demand (FT) “Richemont, the world’s second-biggest luxury goods group, on Monday reinforced signs of a recovery in demand for expensive watches, jewellery and accessories with Christmas sales well ahead of expectations.” Hopes for 2010 fashion recovery at Milan menswear (Reuters) “Many executives and designers at Milan’s menswear shows said they were looking ahead with guarded

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Rupert helms Richemont, The new front row, Tom Ford’s focus, Prada pushes boundaries, Pratap weaves magic

| Daily Digest

Johann Rupert, CEO Richemont Group | Source: Connectingwatches

Rupert ready to resume the helm at Richemont (FT) “Johann Rupert said yesterday that he would retake the helm as chief executive of Richemont from April, indicating that the world’s second-largest luxury goods group still expected storms ahead.” Style bloggers take centre stage (FT) “Also on the front row… sits a slender, less familiar figure dressed in grey T-shirt, jewelled necklace and tuxedo

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Affordable luxury wins, Fighting shoppers’ guilt, Tom Ford women’s, Safilo finds investor, Jun Takahashi in profile

| Daily Digest

Tommy Hilfiger Fifth Avenue Flagship | Source: Tommy Hilfiger

‘Affordable Luxury’ Bucks the Crisis (NY Times) “Tommy Hilfiger just opened a 22,000-square-foot store on Fifth Avenue in Manhattan, a move that, in this economy, some might call insane. But the Hilfiger line, like many midrange designer brands, is growing, while other labels, notably at the high end, are struggling to hang on to market share.” Fighting Back Against Shoppers’ Guilt (WSJ) “Guilt

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Burberry’s blowout, Ford’s funding, Luxury rents drop, Clements Ribeiro’s comeback, Luxury expands in Calgary

| Daily Digest

London Fashion Week: Burberry (Telegraph) "A shower of silver sequins rained down on 1,500 guests in a vast white tent in the grounds of the Chelsea College of Art & Design last night (Tuesday), creating a starry climax to the Burberry Prorsum show at London Fashion Week." Burberry Jumps After Ahrendts Says U.K. ‘On Fire’ (Bloomberg) "Burberry Group Plc rose as much as 5.8 percent in London trading after Chief Executive Officer Angela Ahrendts said the clothing maker’s U.K. business has been “on fire” as demand for luxury goods improves." Tom Ford Seeking At Least $50 Million (PEHUB) "Tom Ford International is on the hunt for financial backers, two sources familiar with the situation told peHUB. The New York-based fashion…

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