Louboutin takes a stand, Macy’s returns to profit, China not a free for all, Luxury lives, Uniqlones invade NYC

Christian Louboutin Destroys Shoes in Web Video (WSJ) "Two weeks ago, luxury footwear designer Christian Louboutin quietly launched a new website that prominently featured a rather unusual video. In it, a truck drives over a pile of what appear to be Mr. Louboutin’s signature red-soled shoes." Macy's reports profit on sales, margin growth (Reuters) "Macy's Inc. posted improved quarterly results on Wednesday as the department store operator benefited from a strong recovery in consumer spending and efforts to cater merchandise to local tastes." Hold Off Being Bullish on China's Luxury Market (WSJ) "China's wealthiest consumers shrugged off the global financial malaise faster than their peers in other parts of the world, but high-end Western brands shouldn't see the Chinese market…

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Tisci’s transgender express, Jones buys Weitzman, Uniqlo sales drop, Burch America’s sweetheart, Katie Eary’s genius

Elie Saab Couture Spring Summer 2010 | Source: Style.com

Tisci’s Trans Europe Express (WWD) “Givenchy designer Riccardo Tisci has taken the whole idea of ‘coed fashion shoot’ to another level: The designer is using a transexual among the cast for the house’s fall-winter ad campaign.” Jones Apparel to buy Stuart Weitzman (Reuters) “Jones Apparel Group Inc. said it will buy designer shoe company Stuart Weitzman Holdings for an initial cash payment of

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Ralph Lauren takes on Paris, Uniqlo’s sets 5th Avenue rent record, Outnet demand, Prada lawsuit, Spazio Fendi

Ralph Lauren | Source: American Book Center

Ralph Lauren: New in an Old World (IHT) “Standing shoulder to shoulder at the Élysée Palace, the French president, Nicolas Sarkozy, and the American legend Ralph Lauren held a mutual admiration society.” New York’s Fifth Ave. Sets Record with Uniqlo Lease (Bloomberg) “New York’s Fifth Avenue is claiming a city retail record: Japanese clothier Uniqlo agreed to pay $300 million over 15 years to bring its affordable

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Fast Retailing profit soars, NYC fashion incubator, Hardy for Hermès, Retail rebound, CreateThe’s James Gardner

Uniqlo's +J Spring/Summer 2010 | Source: Uniqlo

Uniqlo parent raises forecast on brisk H1 results (Reuters) “Fast Retailing reported 43 percent growth in first-half operating profit on Thursday, helped by strong sales at its Uniqlo budget fashion chain, and raised the full-year outlook.” Garment District Hothouse (NY Times) “The most intriguing results may lie in how they relate to the neighborhood, which has been declining as a center of fashion

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New Look IPO confirmed, Valentino rebounds, Uniqlo comes up short, CFDA incubator, The Luxury Prime

Giles Deacon for New Look | Source: Journal Live

New Look to raise £650m in IPO as it takes on high street old guard (Telegraph) “New Look aims to raise £650m by returning to the stock market, giving it the funds to repay debt and keep taking business from high street stalwarts Marks & Spencer and Next.” Valentino Sales Rebound May Signal More Openings, Chief Says (Business Week) “Retailing revenue rose at a ‘double-digit’ pace in the last two

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Uniqlo | A Feel-Good Commodity

The colours of Uniqlo | Source: Uniqlo

TOKYO, Japan — For the last two years, the inverted black triangle — Japan’s version of the minus sign — has infected monthly earnings reports at most of the nation’s retail chains. The global recession has been almost universally bad for the apparel market. Japanese customers are just not spending on fashion like they used to. There’s one exception, of course: Uniqlo.  For the fiscal year ending in August 2009,

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Yohji files for bankruptcy, Bulgari sees improvement, US retailers gain, Uniqlo boom, Lacroix offer on table

Yohji Yamamoto

Designer Yamamoto files for bankruptcy protection (AP) “Japanese fashion design house Yohji Yamamoto said Friday it has filed for bankruptcy protection, citing slumping sales amid a global downturn.” Bulgari CEO Says Sales Are Improving, Led by Asia, Handbags (Bloomberg) “Bulgari SpA, the world’s third- largest jeweler, said sales improved in the second part of the year, led by gains in Asia, its biggest market,

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Versace closes in Japan, Legal fashion, Parisians queue for Uniqlo, High street exploitation, Retail deflation

Versace A/W 09 ad campaign | Source: Versace

Versace to Close Japan Stores, Will Review Strategy (Bloomberg) “Gianni Versace SpA will close its Japanese stores and review its entire business strategy, as demand for luxury goods declines in the world’s second-largest economy.” Developing their fashion sense (Globe and Mail) “New York Fashion Week, a semi-annual sea of runways under tents in that city’s Bryant Park, is one of the last places you’d

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Italian slump, Valentino endures, Luxury’s brighter future, Gilt Groupe’s Jetsetter, +J launches at Uniqlo

Missoni A/W 2010 ad campaign | Source: Missoni

Italy’s Fashion Houses See No Early Recovery From Sales Slump (Bloomberg) “Italy’s fashion industry will take years to recover after the biggest sales decline in at least two decades, according to the country’s designers, who criticized the government for not doing enough to assist them.” Valentino Owners Say Company Will Survive Recession (New York Times) “The finances of the Valentino fashion house will

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Jil Sander’s Uniqlo, China’s next step, Contemporary craze, Burberry’s Stacey Cartwright, Cheap goes chic

Jil Sander for Uniqlo, courtesy of Uniqlo

Jil Sander’s new range for Uniqlo (Guardian) “Jil Sander has been off the fashion scene for a while, but now the queen of understatement is taking on a new project – high-class design for the masses – with the Japanese brand Uniqlo.” China Inc: Not just a maker but new owner of fashion (Reuters) “After decades of Made-in-China garments, China’s fashion industry is keen to move on from being just a mass

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Uniqlo sales fall, Russian retailers to close, Sustainable footwear, Plus-sized social community, Autumn trends

Uniqlo S/S 2009 ad campaign, courtesy of Uniqlo

Uniqlo’s July sales falls 4.2 pct, hurt by weather (Reuters) “Fast Retailing said on Tuesday same-store sales at its Uniqlo casual-clothing chain in Japan fell 4.2 percent in July, the first drop in nine months, hit by unseasonably rainy weather.” One-Third of Russia’s Clothiers Are Going Bust, Exporters Say (Bloomberg) “A third of Russia’s 42,000 clothing retailers will close by the end of this

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Luxe Redux, Gaultier is inspired, Jil Sander for Uniqlo, Standouts spur spending

Jean-Paul Gaultier Couture A/W 09, courtesy of Coutorture

Luxe Redux (Reuters) “Lavish. Silent. Undisturbed. Visiting luxury boutiques these days can seem like stepping into a time capsule, and in a sense, you are, as retail and marketing plans and products conceived during the bully days of early 2008 are still on display and feel, in this post-luxury age, as anachronistic and appealing as Zeppelin travel after the Hindenburg disaster.” Let crisis inspire haute couture, says

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