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	<title>BoF - The Business of Fashion &#187; World Design &amp; Trade</title>
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		<title>BoF Daily Digest &#124; Kurt Geiger gains, WDT’s overhaul, Simon Fuller buys Storm, Hartmarx sold, Fleeting tweeting</title>
		<link>http://www.businessoffashion.com/2009/08/bof-daily-digest-kurt-geiger-gains-wdt%e2%80%99s-overhaul-simon-fuller-buys-storm-hartmarx-sold-fleeting-tweeting.html</link>
		<comments>http://www.businessoffashion.com/2009/08/bof-daily-digest-kurt-geiger-gains-wdt%e2%80%99s-overhaul-simon-fuller-buys-storm-hartmarx-sold-fleeting-tweeting.html#comments</comments>
		<pubDate>Mon, 10 Aug 2009 15:35:18 +0000</pubDate>
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				<category><![CDATA[Daily Digest]]></category>
		<category><![CDATA[Hartmarx]]></category>
		<category><![CDATA[Kurt Geiger]]></category>
		<category><![CDATA[World Design & Trade]]></category>

		<guid isPermaLink="false">http://www.businessoffashion.com/?p=5716</guid>
		<description><![CDATA[Kurt Geiger EBITDA soars 21% (Drapers) &#8220;Premium footwear business Kurt Geiger reported that full-year EBITDA rose 21% to £12.1m, bucking the retail downturn.&#8221; WDT boss to lead fast-fashion overhaul (Drapers) &#8220;Asbed Momdjian, founder of World Design &#38; Trade, the company behind young fashion brands Firetrap, Fullcircle and Sonneti, has outlined plans to turn the group into [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_5717" class="wp-caption alignnone" style="width: 510px"><a href="http://www.businessoffashion.com/2009/08/bof-daily-digest-kurt-geiger-gains-wdt’s-overhaul-simon-fuller-buys-storm-hartmarx-sold-fleeting-tweeting.html"><img class="size-full wp-image-5717 " title="kurt-geiger-ad-campaign" src="http://www.businessoffashion.com/wp-content/uploads/2009/08/kurt-geiger-ad-campaign.jpg" alt="Kurt Geiger ad campaign" width="500" height="333" /></a><p class="wp-caption-text">Kurt Geiger ad campaign</p></div>
<p><a href="http://www.drapersonline.com/news/multiples/news/kurt-geiger-ebitda-soars-21/5005213.article" target="_blank">Kurt Geiger EBITDA soars 21%</a> <em>(Drapers)</em><br />
&#8220;Premium footwear business Kurt Geiger reported that full-year EBITDA rose 21% to £12.1m, bucking the retail downturn.&#8221;</p>
<p><a href="http://www.drapersonline.com/news/young-fashion/news/wdt-boss-to-lead-fast-fashion-overhaul/5005172.article" target="_blank">WDT boss to lead fast-fashion overhaul</a> <em>(Drapers)</em><br />
&#8220;Asbed Momdjian, founder of World Design &amp; Trade, the company behind young fashion brands Firetrap, Fullcircle and Sonneti, has outlined plans to turn the group into a specialist fast-fashion branded supply house and slammed the traditional two-collection, multi-brand retailer route to market as &#8216;dead&#8217;.&#8221;</p>
<p><a href="http://www.guardian.co.uk/media/2009/aug/10/19-entertainment-storm-models-simon-fuller" target="_blank">Fuller&#8217;s 19 buys Storm model agency</a> <em>(Guardian)</em><br />
&#8220;Group behind American Idol acquires 51% stake in agency that represents Kate Moss, Cindy Crawford and Emma Watson.&#8221;</p>
<p><a href="http://www.chicagotribune.com/business/chi-hartmarx-sale-090807-,0,4962331.story" target="_blank">Hartmarx sold; price not disclosed</a> <em>(Chicago Tribune)</em><br />
&#8220;Emerisque Brands UK and its partner SKNL North America said late Friday that they completed the purchase of assets of Chicago-based suitmaker Hartmarx Corp.&#8221;</p>
<p><a href="http://www.ft.com/cms/s/2/31611982-82e2-11de-ab4a-00144feabdc0.html" target="_blank">A fleeting tweeting</a> <em>(FT)</em><br />
According to Vanessa Friedman, Twitter &#8220;is an accessory for communication, and whether you choose to try on that look or not has as much to do with identity as facility. It&#8217;s the It bag of the internet: a public declaration of allegiance to a group &#8211; albeit much less expensive, of course.&#8221;</p>
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