Burberry takes control, Hello Tommy, Superdry boosts profits, H&M revenue weakens, LFW lineup

Burberry Autumn/Winter 2010 | Source: Burberry

Burberry to buy out Chinese franchises (FT) “[Burberry] said it would buy out its Chinese franchises in a £70m deal that will see it take direct control of its 50 stores on the mainland. The deal came in the same week China reported 10.3 per cent growth in the past quarter.” Hello Tommy (Vogue.com) “Tommy Hilfiger is adding a new lifestyle label to its repertoire, entitled Tommy. Aimed at twentysomething men and

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Tommy’s Paris flagship, My-wardrobe lands investment, Grown-up models, Mittelmoda awards, Dior blooms

Tommy Hilfiger Summer 2010 | Source: Tommy Hilfiger

Tommy Hilfiger Announces the Opening Champs Elysees Store (PR Newswire) “The Champs Elysees store will serve as a true flagship for our brand in France and will further anchor our significant retail presence in Europe… It is an important milestone in our continued efforts to establish anchor stores in every major city around the world.” Balderton invests $9m in My-wardrobe (FT) “My-wardrobe is also looking

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Giles officially at Ungaro, Tommy weighs in at PVH, Prada boosted by retail, Rethinking the 70s, Gaga’s fashion effect

Calvin Klein Collection Summer 2010 | Source: PVH

Giles Deacon confirmed as Creative Director of Ungaro (Vogue.com) “The new appointment is bound to bring a close to an unsettled atmosphere at the French house that has reigned since Emanuel Ungaro himself retired in 2004.” (RSS and email subscribers: watch exclusive BoF interview here) Phillips-Van Heusen beats, but Tommy weighs in Q2 (Reuters) “Analysts had been expecting a bigger boost from Tommy Hilfiger, the

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

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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Richemont to buy Net-a-Porter, PVH acquires Hilfiger, Prada’s maltreatment, Liberty bid, GenY luxe life

Chloé Jumpsuit on Net-a-porter.com | Source: Net-a-porter

Net-a-Porter is being acquired for up to £350m by Richemont (Telegraph) “The deal, expected to be completed this week, will see founder Natalie Massenet, a former fashion journalist, become at least £50m richer as Richemont acquires the remaining 70pc of the company it doesn’t already own.” Phillips-Van Heusen Acquires Hilfiger for $3 Billion (NY Times) “Phillips-Van Heusen, the clothing conglomerate that

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McQueen’s guiding light, PVH’s Hilfiger upside, Neiman ekes out profit, Online ad spend overtakes print, Fantasy furs

Alexander McQueen Autumn/Winter 2010 | Source: Style.com

A light in the darkness (Style.com) “In Alexander McQueen’s final collection, medieval influences transformed into calm, poetic beauty.” Phillips-Van Heusen May Gain From Buying Hilfiger (Bloomberg) “Phillips-Van Heusen would gain extra profit within a year of a reported potential acquisition of Tommy Hilfiger Corp.” Neiman Marcus posts profit as sales start improving (Reuters) “Neiman Marcus

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Marketing to millennials, Labelux on the prowl, Milan’s mixed media, Luxe lifts bourses, Hilfiger for sale?

Lily Donaldson's Flying Hair by Matthew Donaldson | Source: Nowness

Marketing to the Millennials (IHT) “Finding a way to reach a generation that is eager to be entertained and informed, yet resistant to the familiar, in-your-face 20th-century approach, is the focus of every smart luxury and fashion brand.” Reimann Family Seeks More Luxury Acquisitions (Bloomberg) “Labelux Group, the luxury company founded by Germany’s billionaire Reimann family, may make another acquisition this

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Rue La La sold for $350m, Armani’s succession planning, Hilfiger retail up, TPG’s cool Debenhams profit, Tisci talks

Hilfiger Denim Advert | Source: Muse Amsterdam

Software Maker Buying Web Fashion Discounter (NY Times) “GSI Commerce, which manages the Web sites for major retailers like ToysRUs.com and Zales, announced on Tuesday that it was buying Rue La La, a Boston start-up, in a deal valued at $350 million.” Giorgio Armani organizing staff as successors (Reuters) “Italian fashion designer Giorgio Armani, still frail after a bout of hepatitis, hinted on Tuesday of

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Burberry sales slow, H&M down, End of throwaway fashion, WGSN in India, Hilfiger to lead incubator

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Burberry’s Sales Growth Slows in First Quarter (WSJ) “U.K. luxury fashion group Burberry PLC Wednesday reported a further slowdown in sales growth in its fiscal first quarter as the economic downturn continued to hold back demand, but the company remains confident it can deliver growth over the long term.” Click here for a behind the scenes look at the most recent Burberry campaign featuring Emma Watson. H&M

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