Germans skip luxury, Farhi’s new girl, B2B on the rise, CFDA finalists announced, Rome’s resurgence

ShopToko screen shot | Source: WWD

Prada Skips German Department Stores Missing Luxury Boom (Bloomberg) “In a land known for its thrifty citizens, German department stores are missing out on a shift to luxury. Spending at the outlets, which date back as far as the 19th century, has fallen 3.9 percent since 2009 as the richest shoppers have sought designer gear at single-label stores, driving luxury expenditure up by 16 percent to 12.9 billion euros last

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Digital luxury mix, Thakoon’s philosophy, Eyes on the prizes, Korean cool culture, Louise Gray’s future

Is Digital Killing the Luxury Brand? (Adweek) “Just a few years back, most high-end fashion brands distrusted all things digital. Their fear was understandable. Digital is democratizing; it’s about accessibility. The brand image for high-end fashion is all about inaccessibility: Keep the masses out so that the people who can afford to buy their way in feel they’re exceptional.” Don’t Look Back or Ahead (NY Times)

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