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

| Daily Digest

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

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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

| Daily Digest

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

| Daily Digest

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

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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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