Coach Is Now Traveling Coach (Reuters)
"With this month's release of the budget-conscious Poppy line, Coach, a luxury-retail marvel once ridiculed for being stodgy, is increasingly associated with an entirely different-and notoriously fickle-population: teens, coeds, and grads."
Escada Optimistic of Rescue as Katie Holmes Dressmaker Suffers (Bloomberg)
"Escada AG Chief Executive Officer Bruno Saelzer said he's optimistic investors will back a refinancing plan and avert insolvency at the German dressmaker whose celebrity clients include actress Katie Holmes."
Fashion sales down 1.1% in June (Drapers)
"Like-for-like fashion sales in June were down 1.1%, a little more than the average retail drop across all retail sectors of 0.9%."
Aquascutum pulls out of London Fashion Week (Marie Claire)
"Amongst all the hullaballoo surrounding September's London Fashion Week - billed as one of the most fabulous ever due to a new location at Somerset House and the return to the capital of blockbuster brands Burberry and Matthew Williamson - one brand, Aquascutum, will no longer be on the glittering schedule."
From Europe | Designers' Day at the Museum (The Moment)
European museums remind us, "that a fashion exhibition can also be thoughtful and original, with a purpose beyond just that of a brand extension for publications or an advertising campaign for fashion products sold in nearby boutiques."