L-R Mugler, Issey Miyake, 3.1 Phillip Lim Fall 2012 | Source: Style.com

Asian Designers Make an Impact in Paris (IHT)
“Asian designers, whether home based or in the fashion diaspora, are making an impact in the opening days of the Paris men’s 2012 season. Phillip Lim, the Cambodian-American designer based in New York, was smart to come to Paris to show a 3.1 Phillip Lim collection that was simple but laced with the conceptual.”

European Luxury-Goods Stocks May Benefit From Weaker Currencies (Bloomberg)
“Investors forecasting the euro and Swiss franc will weaken against the dollar may find comfort in shares of European luxury-goods companies. Financiere Richemont and LVMH are among stocks that would benefit disproportionately if the currencies fall further from year-ago levels.”

Crisis on the catwalk over Britain’s fashion brain drain (Independent)
“The British Fashion Council (BFC) yesterday announced the formation of a Fashion 2012 Menswear committee, designed to raise the profile of UK designers and increase sales.”

More Heads Roll at Ungaro (The Cut)
“After losing Giles Deacon in December and new CEO Jeffry Aronsson just last month, Emanuel Ungaro appears to be on one shaky last leg. WWD reports that the ailing French fashion house told retailers that they’re unable to deliver their spring-summer collection because of ‘internal reorganization.’”

Louis Vuitton’s Kim Jones: exclusive Q&A (Guardian)
“British menswear designer of the year Kim Jones presented his second collection for Louis Vuitton. He talks exclusively to the Guardian about his inspirations and moodboard.”

Ungaro Spring/Summer 2011 | Source: Style.com

Giles Deacon’s Ungaro debut (Independent)
“Deacon, who became creative director of this grand French fashion house in spring this year, said he wanted to take it back to its distinctly French roots – and he has done just that.”

Is this the future of media? (Independent)
“Many companies have, in recent years, moved into the customer publishing sector, distributing their own glossy magazines to their client database. But the web version has so much more potential, being open to all and offering opportunities for instant purchase.”

Why a mobile strategy for retailers matters more than ever (Luxury Daily)
“By 2013 mobile devices will overtake PCs as the preferred way of accessing the Internet… sooner or later retailers will have to make well-informed technology decisions about how to tackle mobile commerce.”

On Message and on the Screen (IHT)
“This kind of cerebral and visual imagination makes a Hussein Chalayan fashion movie an ideal way of transmitting the designer’s thoughts and feelings in a poetic, but practical, way.”

Jefferson Hack interviews Gareth Pugh (Fashionista)
“In a series presented by Dazed and Confused called ‘Meet the Designer’ the magazine’s co-founder Jefferson Hack talks with [Pugh] about the tentative future of catwalk shows, his sold-out shop in Hong Kong and why Saint Martins does not a star make.”

Emanuel Ungaro fitting a model | Source: NY Times

The Fall of the House of Ungaro (NY Times)
“Ungaro was losing roughly $15 million a year, and [the Ferragamos] signaled to their bankers to look for a buyer. Abdullah was the only serious buyer who turned up. That was in 2005, and as you probably guessed, he had no experience in fashion.”

Barneys Appoints New CEO (Market Watch)
“Barneys New York, the luxury retailer, with the support of its shareholder Istithmar World, today announces the appointment of Mark Lee to the Company as Chief Executive Officer, effective September 1, 2010.”

Social Media Fashion Statements (Ad Week)
“Visit the sites of major fashion names like Louis Vuitton and Gucci and you’ll find pretty much the digital equivalent of Vogue: lots of glossy photos and little in the way of interaction.”

Levi’s Expands in China, With Western Fits (WSJ)
“The new Levi’s brand, called Denizen.. was — prior to the launch — reported by trade publications to be specifically designed for Chinese body types… [but] that’s not the case. Denizen is a global brand for men and women, and its tailoring… remains unchanged.”

Retiring CEO Burt Tansky Leaves a Legacy of Luxury (Dallas News)
“Burt Tansky discovered a customer who loved luxury in 1974…For the next three and a half decades, he never left her side… His 49-year retailing résumé includes serving as president of Saks Fifth Avenue and CEO of Bergdorf Goodman.”

Sarah Burton, Alexander McQueen A/W 2010 | Sources: Telegraph, Style.com

Sarah Burton confirmed as Creative Director at Alexander McQueen (Telegraph)
“A statement from Alexander McQueen and its ‘parent’ company, Gucci Group, announced that Burton will supervise the creative direction and development of all collections of the brand going forwards.”

New Designer at Hermès (NY Times)
“After seven years, Jean Paul Gaultier is giving up his ready-to-wear duties at Hermès and will be replaced by Christophe Lemaire, who has been designing for Lacoste since 2000. Mr. Gaultier’s move was expected, but the replacement was something of a surprise.”

Olivier Theyskens to Design for Theory (NY Magazine)
“Olivier Theyskens hasn’t been producing clothes since he was dismissed from Nina Ricci after his adored fall 2009 collection. But he’s finally landed a gig doing a capsule collection for Theory.”

U.K. Bans Two Vuitton Ads (WSJ)
“The U.K.’s Advertising Standards Authority Wednesday banned two Louis Vuitton print ads that it says could have misled consumers into thinking its products are handmade, when in fact the luxury brand also uses machines.”

Giles Deacon Talks Taking The Reins At Ungaro (Style.com)
“‘When I was doing my foundation course, before I ever got to Saint Martins, I was a really big fan of Ungaro. The Ratti prints were immediately appealing to my magpie eye… [what] I want to do is assimilate all that and make a new version.’”

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 preppy apparel brand recently acquired by the clothing maker, but the company cited weaker seasonal business trends in that unit for the second quarter.”

Prada Q1 revenue up on strong retail sales (Reuters)
“Italian fashion house Prada posted a 26 percent rise in first-quarter consolidated revenue on Monday, boosted by strong sales in all main markets, including Europe.”

Reassessing the ’70s: A Brave New Wave (IHT)
“It has been dismissed by opinion makers as ‘the decade that taste forgot’ — the era of bell-bottom pants, glam rock glitter, clammy polyester, shrunken sweaters and a palette of orange, brown and avocado. Yet suddenly ’70s style is being re-assessed.”

The world’s gone Gaga (Times Online)
“As the Gaga juggernaut sweeps back into town this week for a second stab at her British tour, we thought it was time to take stock of the great lady’s fashion effect.”