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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Missoni at 50, Fast Retailing rises, Seoul menswear, Liberty standalone closes, Hope for Italian menswear

Missoni S/S 09 ad campaign, courtesy of Missoni

Stars in their stripes: Missoni a fashion powerhouse (Independent) “For 50 years, it has dressed the stylish in its striped and zig-zag knits. Missoni is a fashion powerhouse, a family business and, a new exhibition argues, an Italian national treasure.” Fast Retailing Lives Up to Name With Global Gains (WSJ) “Despite the economic gloom brought on by Japan’s shrinking domestic consumption, Fast Retailing Co.

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Lessons from the High Street | Merchandising and Multiples

Uniqlo visual merchandising | Source: Uniqlo

LONDON, United Kingdom — “Men’s and women’s polo t-shirts in 25 colours from £12.99!” Ads announcing this Uniqlo promotion have been plastered alongside London buses this month, as well as being featured front-and-centre in Uniqlo shops everywhere. Same-store sales rose 18.3 percent in May 2009 over last year for the Japanese retailer, and the company’s stock hit five-year record highs. Over at

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Armani profits drop, PPR focuses, Puma restructures, Uniqlo thrives, Fashion embraces activism

Armani's 5th Ave. store, courtesy of Armani

Armani profits drop 14% in ‘difficult’ year (FT) “Giorgio Armani, the trend-setting Italian fashion group, reported a 14.6 per cent fall in profits in 2008 in spite of a slight rise in revenues and the opening of 50 new stores, as its owner reflected on a ‘difficult’ year for the industry.” PPR says to focus on cash and cost-cutting (Reuters) “French retail and luxury group PPR on Thursday

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Burberry downgraded by JP Morgan, Uniqlo online in China, Apparel prices slip, theOutnet.com launches

Burberry Store, courtesy of Bloomberg

Burberry cut to neutral at J.P. Morgan (WSJ) “J.P. Morgan downgraded fashion company Burberry group to neutral from overweight, saying the group is now trading at a 5 percent discount to the luxury goods sector, compared to a historical average discount of 20 percent.” Taobao Partners with UNIQLO to Grow China’s Online Fashion Market (Businesswire) “UNIQLO, a new-style casual wear brand under Japan’s leading

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Lacroix seeks partner, Bamford and Pringle organize, Fast Retailing reports success, U.S. retail vacancies rise

Illustrations by Christian Lacroix recently showcased at the National Museum of Singapore

Fashion House Lacroix Seeks Partner (WSJ) “The owner of the iconic but unprofitable Christian Lacroix couture fashion house is in talks to sell a stake in the firm to private investors, people familiar with the matter said, as cutbacks by U.S. department stores take a toll on apparel designers.” Bamford, Pringle said to be restructuring (WWD) “Two British luxury labels—Bamford and Pringle of Scotland—are

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