Pringle set for success, Aurora returns to profit, Digital control, Valentino wins case, Hat fit for a Queen

Pringle boss reveals blueprint (Daily Record) “Pringle boss Mary-Adair Macaire has revealed her plans to turn the knitwear brand into Scotland’s answer to Chanel… she’s confident that Pringle… will soon win a place among luxury brands from around the world.” Beleaguered fashion chain returns to profit (Guardian) “The fashion chains Oasis, Karen Millen, Coast and Warehouse, which became

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Acne lands in London, Lebanese luxe, High fashion relents to web, Burberry revenues up, Digital Valentino

Acne Autumn/Winter 2010 | Source: Acne

The hot spot for cool customers: Swedish label Acne (Independent) “Swedish denim label Acne – it stands for Ambition to Create Novel Expressions – is the latest coup de foudre of the fashion world… And it’s opening its largest store in London this week.” New Beirut Mall Aims to Be Luxury Oasis (WWD) “Beirut is embarking on a new era in retailing with the renovation and debut of the Souks shopping mall, a

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Berlin’s best, Fashioning free phones, Seeking China’s Lagerfeld, Gaultier’s treasure, Valentino in the black?

Marcel Ostertag Spring/Summer 2011 at BFW | Source: WSJ

La Mode Berlin (WSJ) “The city’s edgy, sexy vibe was evident on Wednesday as German designers kicked off Mercedes-Benz Berlin Fashion Week, which runs through Saturday. Getting on the world’s fashion map isn’t easy, but Berlin is trying.” American Eagle Promotes Apparel With Free Phones (WSJ) “Teen retailers in particular have struggled against gadget makers for control of younger buyers’

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Back to the core, How we shop, Mystique of the handmade, Valentino not for sale, Fashion copyrights

Balenciaga Giant First Handbag, available at Barneys | Source: Balenciaga

Luxury Market Turns Its Attention Back to Core Customers (Retail Traffic) “Most consumers have curbed spending, paid down debts and started to replenish their savings. ‘That doesn’t leave you a whole lot of money at the end of the month to buy a $6,000 handbag.’” How we shop now (Times Online) “The politicians say it is an age of austerity, yet sales of It bags are booming. Welcome to the era of

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Reinterpreting Valentino, Tod’s outlook brighter, Urban Outfitters fails to impress, Hakaan and ANDAM, RAFW wrap up

Superdry Spring/Summer 2010 | Source: Superdry

Reinterpreting Valentino (WSJ) “Since its inception in 1959 in Rome, Valentino had been almost single-mindedly focused on the dressiest moments in a woman’s life… But the fashion house’s customers need clothes during daylight hours. ‘It’s a reinterpretation of the brand.’” Tod’s sees bright 2010 on U.S., Asia rebound (Reuters) “Italian shoe and bag maker Tod’s said

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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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Permira doubles down on Valentino, Mouret to launch mens, Saks’ dilemma, Investing in a crisis, Luxury MBAs | Source: Net-a-porter

Permira in talks to buy back Valentino debt-sources (Reuters) “Private equity investor Permira is in talks to buy back some of the debt it amassed to purchase Italy’s Valentino Fashion Group two years ago, sources close to the matter said. Permira and other shareholders of Valentino Fashion Group plan to invest up to 300 million euros ($452 million) to reduce the Italian fashion house’s debt of about 2.2 billion

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Escada bidding heats up, Languishing malls in Brazil, Valentino finds balance, Japanese luxe, H&M’s secret weapon

Escada Autumn/Winter 09 | Source: Escada

A fashion coup (NY Post) “There is a new player in the international bidding war for a European luxury brand. The owner of Faconnable has emerged as one of the buyers likely to scoop German fashion house Escada out of bankruptcy.” Luxury malls languish in booming Brazil (UPI) “Dozens of new luxury malls remain nearly empty all over Brazil. Luxury boutiques would not release sales figures but analysts and sales

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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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Valentino swimming in debt, Bread & Butter Berlin, Arab influences on Western style, Creating Korean luxury

Valentino S/S 09 ad campaign, courtesy of Valentino

Valentino hits Permira’s pockets (FT) “Private equity’s costliest excursion on to the catwalk risks turning into a flop as Permira, the UK buy-out house, nears completion of talks with lenders to Valentino, the Italian fashion house, about renegotiating its €2.5bn (£2.1bn) debt.” Bread & Butter anticipation mounts (Drapers) “Karl-Heinz Muller, the organiser of young fashion trade show Bread &

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Valentino’s uncertain optimism, Shrinking luxury market, Retail leadership, UK retail jobs at risk

Bulgari 'Save The Children' ring, courtesy of Bulgari

The Fashion Forecast ( “Valentino Fashion Group’s operating profits fell seven per cent in 2008. But, despite a difficult year, the group – which owns Valentino, Hugo Boss and operates under license Marlboro Classics and M Missoni – intends to remain positive about its growth and future prospects.” Luxury Goods to Drop as Much as 20% in First Half of 2009 (Market Watch) “The luxury

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Valentino | Still in the spotlight

NEW YORK, United States — While he has technically left his eponymous house, Valentino Garavani has certainly not left the public eye. Following his departure from Valentino Group, the iconic Italian designer received the Légion d'honneur in France, celebrated 45 years in fashion in an over-the-top multi-day extravaganza in Rome, and premiered a feature-length documentary, Valentino: The Last Emperor directed by Matt Tyrnaur, at important international film festivals in Venice and Toronto. Then in March, at a star-studded soiree in New York, Mr. Valentino was feted by friends like Madonna and Gwyneth Paltrow, at a launch event for the film and conducted several television interviews, including ones with Oprah and this one with Charlie Rose (with his business partner Giancarlo…

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BoF Recommends | Valentino, the last Emperor

NEW YORK, United States - In the Summer of 2007,  around the time when Valentino Garavani finally resigned from his own label after months of speculation, I would have done anything to be a fly on the wall. What, with the planning of a 45th anniversary celebration in Rome, the controversy surrounding Permira's battle with the Carlyle Group for control of the House, the never-ending will he-won't he leave debate, and the ensuing rumours about potential successors (Giambattista Valli, Zac Posen, Proenza Schouler), there was a veritable tornado of activity going on in the Italian fashion house. Today, 18 months later, I got my wish. I caught an afternoon press screening of  Matt Tyrnauer's film, Valentino - The Last Emperor,…

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