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Billion dollar man, Yoox samples China, Inditex eases, Fake shopping bags, Helen Bullock

Michael Clinton | Source: Hearst
By
  • BoF Team

Michael Clinton, Hearst's Billion-Dollar Man (WWD)
"It was a mere 18 months ago that many questioned whether his career at Hearst Magazines was over... But Clinton, a 30-year publishing veteran, has had plenty of practice at taking a proverbial punch, shaking it off and bouncing back. Since his very public pass over, he's been promoted to president, marketing and publishing director and one could argue his career is going better than ever."

Yoox Samples Chinese Labels Online (WSJ)
"Yoox Group, an online Italian luxury retail company, has tapped five Chinese designers —Uma Wang (王汁), Christine Lau (刘清扬), Riko Manchit Au (欧敏捷), Shangguan Jie (上官喆), and Zou You (邹游) — to temporarily sell their collections on its niche-designer site, thecorner.com.cn... Now, after Western labels have flooded China, domestic designers are getting their turn."

Euro Woes, weather dampen Inditex sales (Reuters)
"Sales at Spain's Inditex , the world's largest clothing retailer and owner of the popular Zara label, eased in the third quarter as the euro zone debt crisis rattled shoppers and unseasonably good autumn weather altered spending patterns. But the company, founded by Spain's richest man Amancio Ortega, still cheered the market with evidence it remains capable of outperforming rivals."

Fake paper bags are the latest buzz in the malls (China Daily)
"It's not only fake designer handbags that are attracting bargain hunters. Nowadays, the fever is spreading to fake paper shopping bags featuring famous brands. A random search using the keyword combination of "paper bag" with any famous brand name will find dozens - sometimes more than 100 - of results on Taobao.com, the most widely used shopping website in China."

Rise: Helen Bullock (Dazed Digital)
"For anyone who thinks a Mark Rothko piece too depressing, fashion textiles designer Helen Bullock's MA collection is like a fresh breath of life. Bold, bright, glittered shapes and blocks of jarring floral, the Central Saint Martins graduate debuted with a collection in February that seemed to evoke the abstract expressionist's Seagram Murals – on acid."

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