Amazon mantra, Stake in Osklen sold, Burberry confirms slowdown, Uniqlo’s fight, The Shot

| Daily Digest

Amazon screen shot | Source: Amazon.co.uk

Fashion tests Amazon mantra of low prices (FT) “Amazon’s well-drilled executives can usually be relied on to repeat the company’s mantra of eliminating costs and waste to offer consumers lower prices. Cathy Beaudoin gets to be different… So instead, in a striking departure from Amazon’s usual talking points, she says: ‘Price is not really a differentiation for us … We maintain the pricing integrity that our

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Colin’s Column | Remembering Diana Vreeland

| Colins Column

Remembering Diana Vreeland | Photo: Priscilla Rattazzi, dianavreeland.com

To coincide with the release of the documentary film “Diana Vreeland: The Eye Has To Travel”, contributing editor Colin McDowell recalls the legendary editor of Harper’s Bazaar and Vogue. LONDON, United Kingdom — I first met Diana Vreeland at lunch in an Italian castle just outside Rome in the late 70s. It was a hot and sultry day and, although everyone there spoke English, albeit heavily accented in many cases, I think she was

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Zombie malls, Kors profit rises, American Apparel sales up, Rodriguez’s role, First cover

| Daily Digest

Keeping zombies out of the mall (FT) “The Garrard Street mall in Reading, a 40-minute drive from west London, is a warning to developers everywhere. Abandoned and soon to be demolished as part of a broader redevelopment… A lethal combination of thrifty consumers and a commercial real estate slump have turned malls into the walking dead of retail.” Michael Kors 1st-qtr profit rises, raises forecast (Reuters)

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Price inflation, Luxury losing its lustre, River Island strategy, Paris Vogue facelift, Peter Marino

| Daily Digest

Models at the closing ceremony | Source: Telegraph

Faster, higher, stronger: luxury pricing goes for gold (Reuters) “Analysts say prices in the luxury industry have surged from 2001 to 2011 and will keep rising faster than broader prices. Thomas Mesmin at Cheuvreux estimates that prices for fashion and leather goods rose 62 percent in that period, while watches and jewelry have risen 78 percent. Euro zone inflation has totaled just 26 percent over the 11 years.” Luxury

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Kors crushes earnings, Esprit plummets, Inditex defies crisis, Louboutin woes, Vogue Ukraine

| Daily Digest

Michael Kors Spring/Summer 2012 | Source: Lelima

Kors Crushes Earnings: Will the Growth Continue? (Daily Finance) “Shares of design house Michael Kors popped on the open today, with the stock climbing more than 5%. The luxury-goods retailer reported fiscal fourth-quarter earnings that beat on both the top and bottom lines.” Clothing retailer Esprit’s shares slide 23 percent as CEO quits (Reuters) “Shares of Esprit Holdings Ltd fell by nearly a quarter on

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