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

| Daily Digest

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

| Daily Digest

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

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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

| Daily Digest

http://www.net-a-porter.com | 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

| Daily Digest

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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