Remembering Anna Piaggi, Tumi soars, Esprit’s key hire, Vilebrequin acquisition, Model memoir

Anna Piaggi by David Bailey | Source: AnOther

Anna Piaggi, Fashion Editor With a Keen Eye for Trends, Dies at 81 (NY Times) “Anna Piaggi, an oracular Italian fashion editor known for an endless array of eye-popping, wildly colorful outfits of the most peculiar combinations, ranging from vintage Patou to thermal mountain rescue coats to a uniform vest from late-period McDonald’s, died Tuesday at her home in Milan.” Tumi shares soar on strong profit forecast

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Market Pulse | No Sparkle Despite Shiny Results

Savigny Luxury Index April 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) continued its sluggish performance this month, ending almost flat (SLI components actually fell an average of nearly 2 percent when expressed in local currency) compared to a drop of 0.7 percent in the benchmark MSCI World Index (MSCI).  Newsflow was good overall, with strong results and two successful IPOs, but dampened somewhat by concerns about growth prospects. Big news

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Cheap and cheerful, Tumi soars, Flash vs local, Supergroup profit warning, Tabitha Simmons

Gilt Groupe screen shot | Source: WWD

Uniqlo: Cheap and Very Cheerful (WSJ) “Uniqlo came into being as Unique Clothing Warehouse in Hiroshima in 1984. The company, founded by current group president Tadashi Yanai, was based on the tailoring store that Yanai’s father opened in 1949 in Yamaguchi… The company changed its name to Fast Retailing Co. in 1991 and, in what seems like self-fulfilling prophecy, is now one of Asia’s fastest-growing

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Facebook buys Instagram, Roitfeld’s biannual, Tumi IPO, Youtube fashion, Phillip Lim expands

A mock-up fashion spread in CR by Sebastian Faena | Source: Style.com

Facebook buys Instagram: inflating the new tech bubble? (Telegraph) “Instagram has a significant user base in its own right, of around 30 million registered smartphone owners who have been promised the favourite photo app will retain its own identitiy. But with no particularly unique technology, the cash and stock Mark Zuckerberg will lay down for the firm is eye-popping.” Carine Roitfeld’s Initial Foray (WWD)

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