How Escada Clawed Its Way Back From Bankruptcy (Die Welt)
"With Berlin Fashion Week -- the first big fashion event of 2012 -- just a week away, excitement is mounting in the world of clothing design. The energy is particularly high at Escada, as the Munich-based brand’s new sports line will open the catwalk show in the German capital... But after being written off as dead, the global brand is decidedly back in business. According to Sälzer, turnover for the 2011 business year was some 300 million euros -- up 7% over 2010."
Liz Claiborne cuts outlook, shares drop 12 percent (Reuters)
"Liz Claiborne Inc, which recently announced a name change, cut its outlook for the year as the company expects to push more of its cost cuts to 2013, sending its shares down 12 percent after the bell."
Parallel lines (FT)
“When Dolce & Gabbana announced in September that its spring/summer 2012 collection for D&G would be its last, it seemed like the death knell for diffusion lines… Yet this season also sees a new generation of what might be called ‘alternative’ lines, created to stand alongside high-end catwalk collections, not exactly as peers but not as second-rate cousins either.”
A Joyous Image Maker Way Before His Time (IHT)
"Mr. Goude, an artistic multitasker as designer, illustrator, photographer and ad man, baptized each transformed graphic as a 'French Correction' (a play on the movie title “The French Connection”). But that witty tag only just begins to describe the genius of a man who envisaged the effects of the wired world 25 years before video cameras and computer games became part of everyday life."
Posh punk: fashion turns the clock back to 1977 (Guardian)
"Designer Karl Lagerfeld picked up the theme by announcing last month he had a crush on so-called 'posh punk princess' Alice Dellal, the well-connected daughter of a British millionaire. He chose her to be the face of a spring campaign to sell his latest Chanel handbag."